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Walsh County

Selling a Business in Walsh County

Walsh County has 362 employer businesses, and 93% of them have fewer than 20 employees. This page shows the local mix of industries and how a sale is handled here. The largest industries here are repair, personal care and other services and retail.

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LOCAL SNAPSHOT

Walsh County by the numbers

362

EMPLOYER BUSINESSES

93%

SMALL EMPLOYER SHARE

793

BUSINESSES WITH NO EMPLOYEES

3,372

EMPLOYMENT

$182 million

ANNUAL PAYROLL

131

BUSINESSES WITH 5 TO 49 EMPLOYEES

U.S. Census Bureau, County Business Patterns 2023 and Nonemployer Statistics 2024. Counts are employer establishments, meaning business locations with paid employees.

How Walsh County compares

Walsh County ranks 13th of 53 North Dakota counties and county equivalents for employer businesses.
The number of employer businesses fell 8.4% between 2018 and 2023.
Wholesale makes up 10% of employer businesses in Walsh County, compared with 7% in North Dakota.
131 employer businesses here have 5 to 49 employees.

Walsh County ranks 13th of 53 North Dakota counties and county equivalents for employer businesses.
The number of employer businesses fell 8.4% between 2018 and 2023.
Wholesale makes up 10% of employer businesses in Walsh County, compared with 7% in North Dakota.
131 employer businesses here have 5 to 49 employees.

Industry mix

The largest industries by number of employer businesses:

Repair, personal care and other services: 45 employer businesses
Retail: 40 employer businesses
Finance and insurance: 37 employer businesses
Wholesale: 37 employer businesses
Health care and social assistance: 35 employer businesses

The largest industries by number of employer businesses:

Repair, personal care and other services: 45 employer businesses
Retail: 40 employer businesses
Finance and insurance: 37 employer businesses
Wholesale: 37 employer businesses
Health care and social assistance: 35 employer businesses

INDUSTRIES

What sells in Walsh County

Repair, personal care and other services, retail, finance and insurance, wholesale

Barber Shops

Beauty & Personal Care

Day Spas

Beauty & Personal Care

Auto Parts

Automotive & Boat

Auto Repair

Automotive & Boat

Electronics & Repair

Retail Stores

Fashion, Apparel & Jewelry

Retail Stores

Every kind of business we sell in Walsh County

These are the industries in Walsh County and the number of employer businesses in each. Counts are employer businesses in the closest Census industry codes. Industries without a clean Census match are listed without a count, and a few industries share one Census category, so their counts match. A sale multiple is the price a business typically sells for as a multiple of its earnings. SDE means seller's discretionary earnings, which is the owner's pay plus the profit of the business. EBITDA means earnings before interest, taxes, depreciation and amortization.

Logistics & Transportation

33 related employer businesses in Walsh County.

General Freight Trucking: 22 employer businesses here. Typical sale multiple: 2.44x - 3.45x SDE.
Heavy Haul Transport: 11 employer businesses here. Typical sale multiple: 3.5x - 4.5x SDE.

Construction & Engineering

25 related employer businesses in Walsh County.

Interior Finishing: 8 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.
Electrical: 6 employer businesses here. Typical sale multiple: 4.0x - 8.0x EBITDA.
Plumbing: 5 employer businesses here. Typical sale multiple: 3.5x - 5.0x SDE.
HVAC Services: 5 employer businesses here. Typical sale multiple: 4.6x - 7.0x EBITDA.
Civil Engineering: 3 employer businesses here. Typical sale multiple: 7.0x - 11.0x EBITDA.
General Contracting: 3 employer businesses here. Typical sale multiple: 3.0x - 4.5x SDE.

Financial & Professional Services

22 related employer businesses in Walsh County.

Insurance Agencies: 15 employer businesses here. Typical sale multiple: 6.0x - 8.0x EBITDA.
Accounting & Tax Practices: 4 employer businesses here. Typical sale multiple: 2.0x - 3.5x SDE.
Wealth Management: 3 employer businesses here. Typical sale multiple: 2.7x - 4.0x Recurring Revenue.

Restaurants & Food

18 related employer businesses in Walsh County.

Full-Service Restaurants: 11 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE.
Quick-Service & Fast Food: 4 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE.
Grocery Stores & Markets: 3 employer businesses here. Typical sale multiple: 2.0x - 3.0x SDE + Inventory.

Entertainment & Recreation

11 related employer businesses in Walsh County.

Bars & Pubs: 8 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.
Clubs & Lounges: 8 employer businesses here. Typical sale multiple: 3.0x - 6.0x EBITDA.
Outdoor Recreation: 3 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.

Automotive & Boat

10 related employer businesses in Walsh County.

Auto Repair: 4 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE.
Collision Repair: 3 employer businesses here. Typical sale multiple: 3.5x - 5.0x EBITDA.
Auto Parts: 3 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE + Inventory.

Retail Stores

10 related employer businesses in Walsh County.

Hardware, Garden & Building: 7 employer businesses here. Typical sale multiple: 2.5x - 3.8x SDE + Inventory.
Health, Beauty & Pharmacy: 3 employer businesses here. Typical sale multiple: 2.8x - 4.2x EBITDA.

Wholesale & Distribution

10 related employer businesses in Walsh County.

Industrial & Construction Supply: 7 employer businesses here. Typical sale multiple: 3.0x - 4.0x SDE.
Food & Beverage Distribution: 3 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE.

Education & Childcare

8 related employer businesses in Walsh County.

Daycare Centers: 8 employer businesses here. Typical sale multiple: 2.39x - 3.35x SDE.

Medical Practices

8 related employer businesses in Walsh County.

Dental Practices: 5 employer businesses here. Typical sale multiple: 3.5x - 5.5x EBITDA.
Veterinary Medicine: 3 employer businesses here. Typical sale multiple: 6.0x - 9.0x EBITDA.

Gas Stations & Convenience

6 related employer businesses in Walsh County.

Gas Stations: 6 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA + Real Estate.

Beauty & Personal Care

4 related employer businesses in Walsh County.

Hair Salons: 4 employer businesses here. Typical sale multiple: 1.25x - 2.34x SDE.

Energy & Utilities

3 related employer businesses in Walsh County.

Waste Management & Recycling: 3 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA + Assets.

Home Services

3 related employer businesses in Walsh County.

Residential Cleaning: 3 employer businesses here. Typical sale multiple: 1.5x - 2.6x SDE.
Commercial Cleaning: 3 employer businesses here. Typical sale multiple: 2.47x - 4.11x EBITDA.

Pharmacies & Medical Supply

3 related employer businesses in Walsh County.

Compounding Pharmacies: 3 employer businesses here. Typical sale multiple: 3.5x - 5.5x EBITDA.
Specialty Pharmacies: 3 employer businesses here. Typical sale multiple: 4.0x - 6.5x EBITDA.

Logistics & Transportation

33 related employer businesses in Walsh County.

General Freight Trucking: 22 employer businesses here. Typical sale multiple: 2.44x - 3.45x SDE.
Heavy Haul Transport: 11 employer businesses here. Typical sale multiple: 3.5x - 4.5x SDE.

Construction & Engineering

25 related employer businesses in Walsh County.

Interior Finishing: 8 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.
Electrical: 6 employer businesses here. Typical sale multiple: 4.0x - 8.0x EBITDA.
Plumbing: 5 employer businesses here. Typical sale multiple: 3.5x - 5.0x SDE.
HVAC Services: 5 employer businesses here. Typical sale multiple: 4.6x - 7.0x EBITDA.
Civil Engineering: 3 employer businesses here. Typical sale multiple: 7.0x - 11.0x EBITDA.
General Contracting: 3 employer businesses here. Typical sale multiple: 3.0x - 4.5x SDE.

Financial & Professional Services

22 related employer businesses in Walsh County.

Insurance Agencies: 15 employer businesses here. Typical sale multiple: 6.0x - 8.0x EBITDA.
Accounting & Tax Practices: 4 employer businesses here. Typical sale multiple: 2.0x - 3.5x SDE.
Wealth Management: 3 employer businesses here. Typical sale multiple: 2.7x - 4.0x Recurring Revenue.

Restaurants & Food

18 related employer businesses in Walsh County.

Full-Service Restaurants: 11 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE.
Quick-Service & Fast Food: 4 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE.
Grocery Stores & Markets: 3 employer businesses here. Typical sale multiple: 2.0x - 3.0x SDE + Inventory.

Entertainment & Recreation

11 related employer businesses in Walsh County.

Bars & Pubs: 8 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.
Clubs & Lounges: 8 employer businesses here. Typical sale multiple: 3.0x - 6.0x EBITDA.
Outdoor Recreation: 3 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.

Automotive & Boat

10 related employer businesses in Walsh County.

Auto Repair: 4 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE.
Collision Repair: 3 employer businesses here. Typical sale multiple: 3.5x - 5.0x EBITDA.
Auto Parts: 3 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE + Inventory.

Retail Stores

10 related employer businesses in Walsh County.

Hardware, Garden & Building: 7 employer businesses here. Typical sale multiple: 2.5x - 3.8x SDE + Inventory.
Health, Beauty & Pharmacy: 3 employer businesses here. Typical sale multiple: 2.8x - 4.2x EBITDA.

Wholesale & Distribution

10 related employer businesses in Walsh County.

Industrial & Construction Supply: 7 employer businesses here. Typical sale multiple: 3.0x - 4.0x SDE.
Food & Beverage Distribution: 3 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE.

Education & Childcare

8 related employer businesses in Walsh County.

Daycare Centers: 8 employer businesses here. Typical sale multiple: 2.39x - 3.35x SDE.

Medical Practices

8 related employer businesses in Walsh County.

Dental Practices: 5 employer businesses here. Typical sale multiple: 3.5x - 5.5x EBITDA.
Veterinary Medicine: 3 employer businesses here. Typical sale multiple: 6.0x - 9.0x EBITDA.

Gas Stations & Convenience

6 related employer businesses in Walsh County.

Gas Stations: 6 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA + Real Estate.

Beauty & Personal Care

4 related employer businesses in Walsh County.

Hair Salons: 4 employer businesses here. Typical sale multiple: 1.25x - 2.34x SDE.

Energy & Utilities

3 related employer businesses in Walsh County.

Waste Management & Recycling: 3 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA + Assets.

Home Services

3 related employer businesses in Walsh County.

Residential Cleaning: 3 employer businesses here. Typical sale multiple: 1.5x - 2.6x SDE.
Commercial Cleaning: 3 employer businesses here. Typical sale multiple: 2.47x - 4.11x EBITDA.

Pharmacies & Medical Supply

3 related employer businesses in Walsh County.

Compounding Pharmacies: 3 employer businesses here. Typical sale multiple: 3.5x - 5.5x EBITDA.
Specialty Pharmacies: 3 employer businesses here. Typical sale multiple: 4.0x - 6.5x EBITDA.

Working with owners in Walsh County

Business Advisors of America works with owners who are selling a business in Walsh County. Contact us to talk about a sale.

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FREQUENTLY ASKED QUESTIONS

Questions owners in Walsh County ask

How long does it take to sell a business in Walsh County?

The time depends on the price, the quality of the records and the number of qualified buyers.

How is a business valued in Walsh County?

Valuation starts with the earnings the business produces for an owner, then adjusts for assets, size, industry and the terms a buyer is likely to accept. The result is a range, and the asking price is set inside it.

Is the sale confidential?

Buyers are asked to sign a non-disclosure agreement before they see the name of the business or its financial statements.

FROM OUR BLOG

Guides for owners in Walsh County

October 3, 2025

Business Owners

Add-Backs: What Counts, What Does Not, and What Buyers Push Back On

Every add-back you can prove raises your sale price by two to three times its amount. Every add-back you cannot prove costs you credibility on all the others.

Read article

October 3, 2025

Business Owners

Add-Backs: What Counts, What Does Not, and What Buyers Push Back On

Every add-back you can prove raises your sale price by two to three times its amount. Every add-back you cannot prove costs you credibility on all the others.

Read article

March 5, 2026

Business Owners

Buyer Qualification: How We Screen Out the Buyers Who Cannot Close

Most inquiries on a business listing come from people who cannot close. Here is how they get screened out before they see your name or your financials.

Read article

March 5, 2026

Business Owners

Buyer Qualification: How We Screen Out the Buyers Who Cannot Close

Most inquiries on a business listing come from people who cannot close. Here is how they get screened out before they see your name or your financials.

Read article

February 9, 2026

Business Owners

The Confidential Information Memorandum: What Goes In It and Why

The CIM is the document a buyer reads before they decide to spend time on your business. Here is what it has to contain and the mistakes that cost sellers offers.

Read article

February 9, 2026

Business Owners

The Confidential Information Memorandum: What Goes In It and Why

The CIM is the document a buyer reads before they decide to spend time on your business. Here is what it has to contain and the mistakes that cost sellers offers.

Read article