Selling a Business in Arizona
Selling a business in Arizona means pricing it correctly, preparing the records a buyer will ask for and finding a buyer who can pay and close. Arizona has 162,845 employer businesses and about 626,658 more with no employees. This page covers the numbers, the steps and what buyers look for.
LOCAL SNAPSHOT
Arizona by the numbers
162,845
162,845
EMPLOYER BUSINESSES
85%
85%
SMALL EMPLOYER SHARE
626,658
626,658
BUSINESSES WITH NO EMPLOYEES
2,890,429
2,890,429
EMPLOYMENT
$178.8 billion
$178.8 billion
ANNUAL PAYROLL
63,164
63,164
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 Arizona compares
Arizona ranks 16th among the 50 states and the District of Columbia for employer businesses.
The number of employer businesses grew 12.4% between 2018 and 2023.
Real estate and rental makes up 8% of employer businesses in Arizona, compared with 6% nationwide.
63,164 employer businesses here have 5 to 49 employees.
Arizona ranks 16th among the 50 states and the District of Columbia for employer businesses.
The number of employer businesses grew 12.4% between 2018 and 2023.
Real estate and rental makes up 8% of employer businesses in Arizona, compared with 6% nationwide.
63,164 employer businesses here have 5 to 49 employees.
How a sale works in Arizona
A sale follows the same sequence in every market. The business is valued from its earnings, assets, size and industry. The records a buyer will ask for are prepared. The business is marketed without naming it, and buyers are asked to sign a non-disclosure agreement before they see the name or the financial statements. Each buyer is checked for money and fit, the letter of intent is negotiated, the buyer's review of the books is managed, and the sale is carried to closing.
State rules on tax clearance, bulk sale notices and the transfer of permits and licenses differ from state to state.
Rules that apply in Arizona
Sales tax and the buyer's liability
Arizona law says a buyer of a business or its stock of goods must hold back enough of the purchase price to cover the seller's unpaid state taxes until the seller produces a Department of Revenue receipt or a certificate that no amount is due. A buyer who does not hold back enough becomes personally liable for those taxes, which is called successor liability. The law also says the Department answers a seller's certificate request within fifteen days. Source: Arizona Legislature statute text, Arizona Revised Statutes 42-1110
Permits and registrations
Arizona law says the transaction privilege tax license, which is the state's sales tax license, does not transfer when a business has a complete change of ownership. The seller surrenders the license to the Department of Revenue, and it is reissued to the new owners when they apply and pay the fee. Source: Arizona Legislature statute text, Arizona Revised Statutes 42-5005
Unemployment insurance account
Arizona law says that when a buyer acquires a business, or substantially all of its assets, and continues it, the seller's unemployment insurance account moves to the buyer for setting the tax rate. A buyer of only a distinct part of a business may apply to take over that part's account within 180 days of the purchase, with the seller's written approval. Source: Arizona Legislature statute text, Arizona Revised Statutes 23-733
These points come from official Arizona agency pages checked on 2026-10-24. Rules change, so check the linked agency page for the current version. This is general information and not legal or tax advice.
A sale follows the same sequence in every market. The business is valued from its earnings, assets, size and industry. The records a buyer will ask for are prepared. The business is marketed without naming it, and buyers are asked to sign a non-disclosure agreement before they see the name or the financial statements. Each buyer is checked for money and fit, the letter of intent is negotiated, the buyer's review of the books is managed, and the sale is carried to closing.
State rules on tax clearance, bulk sale notices and the transfer of permits and licenses differ from state to state.
Rules that apply in Arizona
Sales tax and the buyer's liability
Arizona law says a buyer of a business or its stock of goods must hold back enough of the purchase price to cover the seller's unpaid state taxes until the seller produces a Department of Revenue receipt or a certificate that no amount is due. A buyer who does not hold back enough becomes personally liable for those taxes, which is called successor liability. The law also says the Department answers a seller's certificate request within fifteen days. Source: Arizona Legislature statute text, Arizona Revised Statutes 42-1110
Permits and registrations
Arizona law says the transaction privilege tax license, which is the state's sales tax license, does not transfer when a business has a complete change of ownership. The seller surrenders the license to the Department of Revenue, and it is reissued to the new owners when they apply and pay the fee. Source: Arizona Legislature statute text, Arizona Revised Statutes 42-5005
Unemployment insurance account
Arizona law says that when a buyer acquires a business, or substantially all of its assets, and continues it, the seller's unemployment insurance account moves to the buyer for setting the tax rate. A buyer of only a distinct part of a business may apply to take over that part's account within 180 days of the purchase, with the seller's written approval. Source: Arizona Legislature statute text, Arizona Revised Statutes 23-733
These points come from official Arizona agency pages checked on 2026-10-24. Rules change, so check the linked agency page for the current version. This is general information and not legal or tax advice.
What buyers look for
Buyers look first at profit that holds up under review. Three years of tax returns and profit and loss statements that match each other carry more weight than a high number that cannot be shown.
How much of the business depends on the owner
How concentrated sales are among a few customers
The lease, its remaining term and the landlord's consent to a sale
The condition of equipment and the contracts that transfer
Buyers look first at profit that holds up under review. Three years of tax returns and profit and loss statements that match each other carry more weight than a high number that cannot be shown.
How much of the business depends on the owner
How concentrated sales are among a few customers
The lease, its remaining term and the landlord's consent to a sale
The condition of equipment and the contracts that transfer
INDUSTRIES
What sells in Arizona
Health care and social assistance, professional and technical services, retail, construction
Every kind of business we sell in Arizona
We sell businesses in every one of these industries in Arizona. 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.
Construction & Engineering
16,731 related employer businesses in Arizona.
General Contracting: 4,323 employer businesses here. Typical sale multiple: 3.0x - 4.5x SDE.
Interior Finishing: 2,599 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.
Plumbing: 2,567 employer businesses here. Typical sale multiple: 3.5x - 5.0x SDE.
HVAC Services: 2,567 employer businesses here. Typical sale multiple: 4.6x - 7.0x EBITDA.
Landscaping: 1,817 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.
Electrical: 1,718 employer businesses here. Typical sale multiple: 4.0x - 8.0x EBITDA.
Civil Engineering: 1,345 employer businesses here. Typical sale multiple: 7.0x - 11.0x EBITDA.
Foundation & Site Prep: 1,132 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Fleet.
Roofing & Siding: 573 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.
Masonry: 341 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Equipment.
Carpentry & Framing: 223 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.
Remediation & Restoration: 93 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA.
Financial & Professional Services
14,968 related employer businesses in Arizona.
Real Estate Brokerages: 6,269 employer businesses here. Typical sale multiple: 2.5x - 4.5x SDE.
Accounting & Tax Practices: 3,223 employer businesses here. Typical sale multiple: 2.0x - 3.5x SDE.
Insurance Agencies: 2,845 employer businesses here. Typical sale multiple: 6.0x - 8.0x EBITDA.
Wealth Management: 1,522 employer businesses here. Typical sale multiple: 2.7x - 4.0x Recurring Revenue.
Private Lending: 663 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.
Mortgage Brokerages: 446 employer businesses here. Typical sale multiple: 2.0x - 3.5x SDE.
Medical Practices
14,019 related employer businesses in Arizona.
Primary & Family Care: 5,008 employer businesses here. Typical sale multiple: 2.2x - 3.2x SDE.
Dental Practices: 2,922 employer businesses here. Typical sale multiple: 3.5x - 5.5x EBITDA.
Mental & Behavioral Health: 1,644 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.
Physical Therapy & Rehab: 1,219 employer businesses here. Typical sale multiple: 3.5x - 5.0x EBITDA.
Home Health & Hospice: 796 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA.
Veterinary Medicine: 731 employer businesses here. Typical sale multiple: 6.0x - 9.0x EBITDA.
Medical Labs & Imaging: 599 employer businesses here. Typical sale multiple: 4.5x - 6.5x EBITDA.
Vision & Eye Care: 465 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE.
Urgent Care Clinics: 334 employer businesses here. Typical sale multiple: 4.0x - 6.0x EBITDA.
Specialty Medicine: 301 employer businesses here. Typical sale multiple: 5.0x - 7.0x EBITDA.
Restaurants & Food
13,050 related employer businesses in Arizona.
Quick-Service & Fast Food: 5,713 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE.
Full-Service Restaurants: 4,464 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE.
Coffee Shops: 1,741 employer businesses here. Typical sale multiple: 2.0x - 3.0x SDE.
Grocery Stores & Markets: 802 employer businesses here. Typical sale multiple: 2.0x - 3.0x SDE + Inventory.
Liquor, Wine & Beer Stores: 234 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE + Inventory.
Bakeries: 96 employer businesses here. Typical sale multiple: 2.0x - 3.0x SDE.
Ghost Kitchens. Typical sale multiple: 2.0x - 3.0x SDE.
Retail Stores
7,192 related employer businesses in Arizona.
Fashion, Apparel & Jewelry: 2,096 employer businesses here. Typical sale multiple: 2.0x - 3.5x SDE + Inventory.
Health, Beauty & Pharmacy: 1,510 employer businesses here. Typical sale multiple: 2.8x - 4.2x EBITDA.
Hardware, Garden & Building: 1,160 employer businesses here. Typical sale multiple: 2.5x - 3.8x SDE + Inventory.
Home Decor & Furniture: 886 employer businesses here. Typical sale multiple: 2.2x - 3.2x SDE + Inventory.
Hobby, Toys & Gift Shops: 562 employer businesses here. Typical sale multiple: 1.8x - 2.8x SDE + Inventory.
Sporting Goods & Firearms: 493 employer businesses here. Typical sale multiple: 2.3x - 3.4x SDE.
Electronics & Repair: 485 employer businesses here. Typical sale multiple: 2.0x - 3.0x SDE.
Automotive & Boat
5,077 related employer businesses in Arizona.
Auto Repair: 2,076 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE.
Auto Parts: 979 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE + Inventory.
Car Dealerships: 783 employer businesses here. Typical sale multiple: 2x - 8x Blue Sky + Assets.
Collision Repair: 582 employer businesses here. Typical sale multiple: 3.5x - 5.0x EBITDA.
Car Washes: 402 employer businesses here. Typical sale multiple: 4.5x - 7.0x EBITDA.
Towing & Repo: 200 employer businesses here. Typical sale multiple: 3.0x - 4.0x EBITDA + Fleet.
Boat Dealerships: 42 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA.
Marinas: 13 employer businesses here. Typical sale multiple: Cap Rate or 4.0x - 7.0x EBITDA.
Logistics & Transportation
3,889 related employer businesses in Arizona.
General Freight Trucking: 2,308 employer businesses here. Typical sale multiple: 2.44x - 3.45x SDE.
Warehousing & Fulfillment: 378 employer businesses here. Typical sale multiple: 3.0x - 4.5x SDE.
Freight Brokerage & 3PL: 360 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.
Last-Mile & Courier: 330 employer businesses here. Typical sale multiple: 2.76x - 3.32x SDE.
Heavy Haul Transport: 208 employer businesses here. Typical sale multiple: 3.5x - 4.5x SDE.
Commercial Moving: 199 employer businesses here. Typical sale multiple: 1.5x - 3.0x SDE.
NEMT & Passenger Transport: 106 employer businesses here. Typical sale multiple: 2.1x - 3.1x SDE.
Port Drayage. Typical sale multiple: 2.5x - 3.5x SDE.
Manufacturing
3,508 related employer businesses in Arizona.
Metal Fabrication: 975 employer businesses here. Typical sale multiple: 3.2x - 4.2x SDE.
Printing & Plastics: 574 employer businesses here. Typical sale multiple: 2.9x - 4.9x SDE.
Food & Beverage Manufacturing: 440 employer businesses here. Typical sale multiple: 3.1x - 4.5x SDE.
Wood & Furniture Manufacturing: 435 employer businesses here. Typical sale multiple: 2.5x - 3.8x SDE.
Medical & Chemical Manufacturing: 390 employer businesses here. Typical sale multiple: 4.5x - 8.0x EBITDA.
Electronics & Tech Manufacturing: 316 employer businesses here. Typical sale multiple: 4.0x - 7.5x EBITDA.
Construction Materials Manufacturing: 260 employer businesses here. Typical sale multiple: 2.5x - 5.0x EBITDA.
Textile & Apparel Manufacturing: 118 employer businesses here. Typical sale multiple: 2.5x - 3.8x SDE.
Home Services
3,456 related employer businesses in Arizona.
Property Management: 1,448 employer businesses here. Typical sale multiple: 3.0x - 4.5x SDE.
Residential Cleaning: 1,312 employer businesses here. Typical sale multiple: 1.5x - 2.6x SDE.
Commercial Cleaning: 1,312 employer businesses here. Typical sale multiple: 2.47x - 4.11x EBITDA.
Pest Control: 565 employer businesses here. Typical sale multiple: 2.34x - 2.90x SDE.
Security Systems: 131 employer businesses here. Typical sale multiple: 3.0x - 4.9x EBITDA.
Audio Visual (AV). Typical sale multiple: 3.0x - 5.0x EBITDA.
Junk Removal. Typical sale multiple: 1.5x - 3.0x SDE.
Pool & Spa Service. Typical sale multiple: 3.0x - 4.0x EBITDA.
Beauty & Personal Care
3,313 related employer businesses in Arizona.
Hair Salons: 1,711 employer businesses here. Typical sale multiple: 1.25x - 2.34x SDE.
Day Spas: 735 employer businesses here. Typical sale multiple: 1.8x - 2.8x SDE.
Tattoo Shops: 735 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE.
Massage Parlors: 735 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE.
Nail Salons: 661 employer businesses here. Typical sale multiple: 1.4x - 1.88x SDE.
Barber Shops: 206 employer businesses here. Typical sale multiple: 1.5x - 2.25x SDE.
Medical Spas. Typical sale multiple: 2.5x - 4.5x EBITDA.
Wholesale & Distribution
3,202 related employer businesses in Arizona.
Industrial & Construction Supply: 1,304 employer businesses here. Typical sale multiple: 3.0x - 4.0x SDE.
Food & Beverage Distribution: 695 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE.
Electronics, IT & Office Equipment Distribution: 617 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE.
Chemicals, Plastics & Raw Materials Distribution: 203 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA.
Medical, Dental & Pharmaceutical Distribution: 164 employer businesses here. Typical sale multiple: 3.5x - 4.5x EBITDA.
Packaging, Paper & JanSan Distribution: 115 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE.
Consumer Goods & Apparel Distribution: 104 employer businesses here. Typical sale multiple: 2.0x - 3.0x SDE + Inventory.
Technology & Media
2,684 related employer businesses in Arizona.
Digital Marketing Agencies: 893 employer businesses here. Typical sale multiple: 2.0x - 3.5x SDE.
Creative Agencies: 763 employer businesses here. Typical sale multiple: 1.8x - 3.0x SDE.
Media, Film & Studio Production: 382 employer businesses here. Typical sale multiple: 2.2x - 3.5x SDE.
Software Companies (SaaS): 323 employer businesses here. Typical sale multiple: 3.5x - 5.5x SDE.
Real Estate Media: 323 employer businesses here. Typical sale multiple: 1.5x - 2.8x SDE.
E-commerce & Online Brands. Typical sale multiple: 2.5x - 4.0x SDE + Inventory.
Gas Stations & Convenience
1,951 related employer businesses in Arizona.
Gas Stations: 1,594 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA + Real Estate.
Convenience Stores: 357 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE + Inventory.
Truck Stops & Travel Centers. Typical sale multiple: 3.5x - 5.5x EBITDA + Real Estate.
Health & Fitness
1,844 related employer businesses in Arizona.
Wellness & Recovery Centers: 1,031 employer businesses here. Typical sale multiple: 5.5x - 9.7x EBITDA.
Gyms & Health Clubs: 813 employer businesses here. Typical sale multiple: 2.44x - 2.93x SDE.
Yoga Studios: 813 employer businesses here. Typical sale multiple: 2.07x - 2.50x SDE.
Pilates Studios: 813 employer businesses here. Typical sale multiple: 2.10x - 3.00x SDE.
Personal Training Studios: 813 employer businesses here. Typical sale multiple: 2.00x - 2.80x SDE.
Pharmacies & Medical Supply
1,780 related employer businesses in Arizona.
Home Infusion: 796 employer businesses here. Typical sale multiple: 4.0x - 6.5x EBITDA.
Compounding Pharmacies: 536 employer businesses here. Typical sale multiple: 3.5x - 5.5x EBITDA.
Specialty Pharmacies: 536 employer businesses here. Typical sale multiple: 4.0x - 6.5x EBITDA.
Durable Medical Equipment (DME): 260 employer businesses here. Typical sale multiple: 3.0x - 5.0x EBITDA.
Medical Supply Retail: 188 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE + Inventory.
Hospitality & Travel
1,727 related employer businesses in Arizona.
Hotels: 1,078 employer businesses here. Typical sale multiple: 2.6x - 5.1x EBITDA.
Motels: 1,078 employer businesses here. Typical sale multiple: 1.1x - 2.5x SDE.
Transportation Services: 307 employer businesses here. Typical sale multiple: 2.0x - 4.1x SDE.
Campgrounds & RV Parks: 163 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA.
Travel Agencies: 150 employer businesses here. Typical sale multiple: 2.3x - 3.2x SDE.
Bed & Breakfasts / Inns: 29 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.
Senior Care & Living
1,627 related employer businesses in Arizona.
Non-Medical Home Care: 773 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.
Assisted Living Facilities: 749 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA + Real Estate.
Senior Living Communities: 105 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA + Real Estate.
Adult Day Services. Typical sale multiple: 2.5x - 4.0x SDE.
Entertainment & Recreation
1,369 related employer businesses in Arizona.
Bars & Pubs: 646 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.
Clubs & Lounges: 646 employer businesses here. Typical sale multiple: 3.0x - 6.0x EBITDA.
Outdoor Recreation: 399 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.
Golf Courses: 220 employer businesses here. Typical sale multiple: 8.0x - 11.0x EBITDA.
Arcades & FECs: 66 employer businesses here. Typical sale multiple: 2.1x - 3.6x SDE.
Bowling Alleys: 38 employer businesses here. Typical sale multiple: 3.0x - 5.0x EBITDA.
Event Venues. Typical sale multiple: 2.8x - 3.5x Earnings.
Banquet Halls. Typical sale multiple: 3.5x - 4.5x Earnings.
Escape Rooms. Typical sale multiple: 1.5x - 3.5x SDE.
Education & Childcare
1,107 related employer businesses in Arizona.
Daycare Centers: 965 employer businesses here. Typical sale multiple: 2.39x - 3.35x SDE.
Tutoring Centers: 142 employer businesses here. Typical sale multiple: 2.0x - 3.5x SDE.
Preschools. Typical sale multiple: 3.12x - 4.0x SDE.
Energy & Utilities
952 related employer businesses in Arizona.
Waste Management & Recycling: 356 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA + Assets.
Water & Wastewater Services: 354 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA.
Propane & Fuel Distribution: 165 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA + Assets.
Oil & Gas Services: 44 employer businesses here. Typical sale multiple: 3.0x - 5.0x EBITDA + Equipment.
Solar & Renewable Energy: 33 employer businesses here. Typical sale multiple: 3.5x - 6.0x EBITDA.
Pet Services
763 related employer businesses in Arizona.
Pet Grooming & Spas: 564 employer businesses here. Typical sale multiple: 2.0x - 3.0x SDE.
Boarding, Daycare & Training: 564 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA.
Pet Retail & Specialty Supplies: 199 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE + Inventory.
Mobile & In-Home Pet Care. Typical sale multiple: 1.5x - 2.5x SDE + Fleet.
Land & Agriculture
21 related employer businesses in Arizona.
Agricultural Labor Contracting: 21 employer businesses here. Typical sale multiple: 2.4x - 6.09x EBITDA.
Crop Production. Typical sale multiple: 4.5x - 6.69x EBITDA.
Livestock & Ranching. Typical sale multiple: 3.0x - 5.76x EBITDA.
Agribusiness & Infrastructure. Typical sale multiple: 5.2x - 10.3x EBITDA.
AgTech & Precision Ag. Typical sale multiple: 8.3x - 12.1x EBITDA.
Agri-Tourism & Lifestyle. Typical sale multiple: 2.51x - 4.54x SDE.
E-commerce & Online Businesses
Amazon FBA Businesses. Typical sale multiple: 2.5x - 4.0x SDE + Inventory.
Online Marketplaces. Typical sale multiple: 3.5x - 6.0x SDE.
We sell businesses in every one of these industries in Arizona. 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.
Construction & Engineering
16,731 related employer businesses in Arizona.
General Contracting: 4,323 employer businesses here. Typical sale multiple: 3.0x - 4.5x SDE.
Interior Finishing: 2,599 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.
Plumbing: 2,567 employer businesses here. Typical sale multiple: 3.5x - 5.0x SDE.
HVAC Services: 2,567 employer businesses here. Typical sale multiple: 4.6x - 7.0x EBITDA.
Landscaping: 1,817 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.
Electrical: 1,718 employer businesses here. Typical sale multiple: 4.0x - 8.0x EBITDA.
Civil Engineering: 1,345 employer businesses here. Typical sale multiple: 7.0x - 11.0x EBITDA.
Foundation & Site Prep: 1,132 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Fleet.
Roofing & Siding: 573 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.
Masonry: 341 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Equipment.
Carpentry & Framing: 223 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.
Remediation & Restoration: 93 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA.
Financial & Professional Services
14,968 related employer businesses in Arizona.
Real Estate Brokerages: 6,269 employer businesses here. Typical sale multiple: 2.5x - 4.5x SDE.
Accounting & Tax Practices: 3,223 employer businesses here. Typical sale multiple: 2.0x - 3.5x SDE.
Insurance Agencies: 2,845 employer businesses here. Typical sale multiple: 6.0x - 8.0x EBITDA.
Wealth Management: 1,522 employer businesses here. Typical sale multiple: 2.7x - 4.0x Recurring Revenue.
Private Lending: 663 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.
Mortgage Brokerages: 446 employer businesses here. Typical sale multiple: 2.0x - 3.5x SDE.
Medical Practices
14,019 related employer businesses in Arizona.
Primary & Family Care: 5,008 employer businesses here. Typical sale multiple: 2.2x - 3.2x SDE.
Dental Practices: 2,922 employer businesses here. Typical sale multiple: 3.5x - 5.5x EBITDA.
Mental & Behavioral Health: 1,644 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.
Physical Therapy & Rehab: 1,219 employer businesses here. Typical sale multiple: 3.5x - 5.0x EBITDA.
Home Health & Hospice: 796 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA.
Veterinary Medicine: 731 employer businesses here. Typical sale multiple: 6.0x - 9.0x EBITDA.
Medical Labs & Imaging: 599 employer businesses here. Typical sale multiple: 4.5x - 6.5x EBITDA.
Vision & Eye Care: 465 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE.
Urgent Care Clinics: 334 employer businesses here. Typical sale multiple: 4.0x - 6.0x EBITDA.
Specialty Medicine: 301 employer businesses here. Typical sale multiple: 5.0x - 7.0x EBITDA.
Restaurants & Food
13,050 related employer businesses in Arizona.
Quick-Service & Fast Food: 5,713 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE.
Full-Service Restaurants: 4,464 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE.
Coffee Shops: 1,741 employer businesses here. Typical sale multiple: 2.0x - 3.0x SDE.
Grocery Stores & Markets: 802 employer businesses here. Typical sale multiple: 2.0x - 3.0x SDE + Inventory.
Liquor, Wine & Beer Stores: 234 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE + Inventory.
Bakeries: 96 employer businesses here. Typical sale multiple: 2.0x - 3.0x SDE.
Ghost Kitchens. Typical sale multiple: 2.0x - 3.0x SDE.
Retail Stores
7,192 related employer businesses in Arizona.
Fashion, Apparel & Jewelry: 2,096 employer businesses here. Typical sale multiple: 2.0x - 3.5x SDE + Inventory.
Health, Beauty & Pharmacy: 1,510 employer businesses here. Typical sale multiple: 2.8x - 4.2x EBITDA.
Hardware, Garden & Building: 1,160 employer businesses here. Typical sale multiple: 2.5x - 3.8x SDE + Inventory.
Home Decor & Furniture: 886 employer businesses here. Typical sale multiple: 2.2x - 3.2x SDE + Inventory.
Hobby, Toys & Gift Shops: 562 employer businesses here. Typical sale multiple: 1.8x - 2.8x SDE + Inventory.
Sporting Goods & Firearms: 493 employer businesses here. Typical sale multiple: 2.3x - 3.4x SDE.
Electronics & Repair: 485 employer businesses here. Typical sale multiple: 2.0x - 3.0x SDE.
Automotive & Boat
5,077 related employer businesses in Arizona.
Auto Repair: 2,076 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE.
Auto Parts: 979 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE + Inventory.
Car Dealerships: 783 employer businesses here. Typical sale multiple: 2x - 8x Blue Sky + Assets.
Collision Repair: 582 employer businesses here. Typical sale multiple: 3.5x - 5.0x EBITDA.
Car Washes: 402 employer businesses here. Typical sale multiple: 4.5x - 7.0x EBITDA.
Towing & Repo: 200 employer businesses here. Typical sale multiple: 3.0x - 4.0x EBITDA + Fleet.
Boat Dealerships: 42 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA.
Marinas: 13 employer businesses here. Typical sale multiple: Cap Rate or 4.0x - 7.0x EBITDA.
Logistics & Transportation
3,889 related employer businesses in Arizona.
General Freight Trucking: 2,308 employer businesses here. Typical sale multiple: 2.44x - 3.45x SDE.
Warehousing & Fulfillment: 378 employer businesses here. Typical sale multiple: 3.0x - 4.5x SDE.
Freight Brokerage & 3PL: 360 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.
Last-Mile & Courier: 330 employer businesses here. Typical sale multiple: 2.76x - 3.32x SDE.
Heavy Haul Transport: 208 employer businesses here. Typical sale multiple: 3.5x - 4.5x SDE.
Commercial Moving: 199 employer businesses here. Typical sale multiple: 1.5x - 3.0x SDE.
NEMT & Passenger Transport: 106 employer businesses here. Typical sale multiple: 2.1x - 3.1x SDE.
Port Drayage. Typical sale multiple: 2.5x - 3.5x SDE.
Manufacturing
3,508 related employer businesses in Arizona.
Metal Fabrication: 975 employer businesses here. Typical sale multiple: 3.2x - 4.2x SDE.
Printing & Plastics: 574 employer businesses here. Typical sale multiple: 2.9x - 4.9x SDE.
Food & Beverage Manufacturing: 440 employer businesses here. Typical sale multiple: 3.1x - 4.5x SDE.
Wood & Furniture Manufacturing: 435 employer businesses here. Typical sale multiple: 2.5x - 3.8x SDE.
Medical & Chemical Manufacturing: 390 employer businesses here. Typical sale multiple: 4.5x - 8.0x EBITDA.
Electronics & Tech Manufacturing: 316 employer businesses here. Typical sale multiple: 4.0x - 7.5x EBITDA.
Construction Materials Manufacturing: 260 employer businesses here. Typical sale multiple: 2.5x - 5.0x EBITDA.
Textile & Apparel Manufacturing: 118 employer businesses here. Typical sale multiple: 2.5x - 3.8x SDE.
Home Services
3,456 related employer businesses in Arizona.
Property Management: 1,448 employer businesses here. Typical sale multiple: 3.0x - 4.5x SDE.
Residential Cleaning: 1,312 employer businesses here. Typical sale multiple: 1.5x - 2.6x SDE.
Commercial Cleaning: 1,312 employer businesses here. Typical sale multiple: 2.47x - 4.11x EBITDA.
Pest Control: 565 employer businesses here. Typical sale multiple: 2.34x - 2.90x SDE.
Security Systems: 131 employer businesses here. Typical sale multiple: 3.0x - 4.9x EBITDA.
Audio Visual (AV). Typical sale multiple: 3.0x - 5.0x EBITDA.
Junk Removal. Typical sale multiple: 1.5x - 3.0x SDE.
Pool & Spa Service. Typical sale multiple: 3.0x - 4.0x EBITDA.
Beauty & Personal Care
3,313 related employer businesses in Arizona.
Hair Salons: 1,711 employer businesses here. Typical sale multiple: 1.25x - 2.34x SDE.
Day Spas: 735 employer businesses here. Typical sale multiple: 1.8x - 2.8x SDE.
Tattoo Shops: 735 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE.
Massage Parlors: 735 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE.
Nail Salons: 661 employer businesses here. Typical sale multiple: 1.4x - 1.88x SDE.
Barber Shops: 206 employer businesses here. Typical sale multiple: 1.5x - 2.25x SDE.
Medical Spas. Typical sale multiple: 2.5x - 4.5x EBITDA.
Wholesale & Distribution
3,202 related employer businesses in Arizona.
Industrial & Construction Supply: 1,304 employer businesses here. Typical sale multiple: 3.0x - 4.0x SDE.
Food & Beverage Distribution: 695 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE.
Electronics, IT & Office Equipment Distribution: 617 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE.
Chemicals, Plastics & Raw Materials Distribution: 203 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA.
Medical, Dental & Pharmaceutical Distribution: 164 employer businesses here. Typical sale multiple: 3.5x - 4.5x EBITDA.
Packaging, Paper & JanSan Distribution: 115 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE.
Consumer Goods & Apparel Distribution: 104 employer businesses here. Typical sale multiple: 2.0x - 3.0x SDE + Inventory.
Technology & Media
2,684 related employer businesses in Arizona.
Digital Marketing Agencies: 893 employer businesses here. Typical sale multiple: 2.0x - 3.5x SDE.
Creative Agencies: 763 employer businesses here. Typical sale multiple: 1.8x - 3.0x SDE.
Media, Film & Studio Production: 382 employer businesses here. Typical sale multiple: 2.2x - 3.5x SDE.
Software Companies (SaaS): 323 employer businesses here. Typical sale multiple: 3.5x - 5.5x SDE.
Real Estate Media: 323 employer businesses here. Typical sale multiple: 1.5x - 2.8x SDE.
E-commerce & Online Brands. Typical sale multiple: 2.5x - 4.0x SDE + Inventory.
Gas Stations & Convenience
1,951 related employer businesses in Arizona.
Gas Stations: 1,594 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA + Real Estate.
Convenience Stores: 357 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE + Inventory.
Truck Stops & Travel Centers. Typical sale multiple: 3.5x - 5.5x EBITDA + Real Estate.
Health & Fitness
1,844 related employer businesses in Arizona.
Wellness & Recovery Centers: 1,031 employer businesses here. Typical sale multiple: 5.5x - 9.7x EBITDA.
Gyms & Health Clubs: 813 employer businesses here. Typical sale multiple: 2.44x - 2.93x SDE.
Yoga Studios: 813 employer businesses here. Typical sale multiple: 2.07x - 2.50x SDE.
Pilates Studios: 813 employer businesses here. Typical sale multiple: 2.10x - 3.00x SDE.
Personal Training Studios: 813 employer businesses here. Typical sale multiple: 2.00x - 2.80x SDE.
Pharmacies & Medical Supply
1,780 related employer businesses in Arizona.
Home Infusion: 796 employer businesses here. Typical sale multiple: 4.0x - 6.5x EBITDA.
Compounding Pharmacies: 536 employer businesses here. Typical sale multiple: 3.5x - 5.5x EBITDA.
Specialty Pharmacies: 536 employer businesses here. Typical sale multiple: 4.0x - 6.5x EBITDA.
Durable Medical Equipment (DME): 260 employer businesses here. Typical sale multiple: 3.0x - 5.0x EBITDA.
Medical Supply Retail: 188 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE + Inventory.
Hospitality & Travel
1,727 related employer businesses in Arizona.
Hotels: 1,078 employer businesses here. Typical sale multiple: 2.6x - 5.1x EBITDA.
Motels: 1,078 employer businesses here. Typical sale multiple: 1.1x - 2.5x SDE.
Transportation Services: 307 employer businesses here. Typical sale multiple: 2.0x - 4.1x SDE.
Campgrounds & RV Parks: 163 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA.
Travel Agencies: 150 employer businesses here. Typical sale multiple: 2.3x - 3.2x SDE.
Bed & Breakfasts / Inns: 29 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.
Senior Care & Living
1,627 related employer businesses in Arizona.
Non-Medical Home Care: 773 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.
Assisted Living Facilities: 749 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA + Real Estate.
Senior Living Communities: 105 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA + Real Estate.
Adult Day Services. Typical sale multiple: 2.5x - 4.0x SDE.
Entertainment & Recreation
1,369 related employer businesses in Arizona.
Bars & Pubs: 646 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.
Clubs & Lounges: 646 employer businesses here. Typical sale multiple: 3.0x - 6.0x EBITDA.
Outdoor Recreation: 399 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.
Golf Courses: 220 employer businesses here. Typical sale multiple: 8.0x - 11.0x EBITDA.
Arcades & FECs: 66 employer businesses here. Typical sale multiple: 2.1x - 3.6x SDE.
Bowling Alleys: 38 employer businesses here. Typical sale multiple: 3.0x - 5.0x EBITDA.
Event Venues. Typical sale multiple: 2.8x - 3.5x Earnings.
Banquet Halls. Typical sale multiple: 3.5x - 4.5x Earnings.
Escape Rooms. Typical sale multiple: 1.5x - 3.5x SDE.
Education & Childcare
1,107 related employer businesses in Arizona.
Daycare Centers: 965 employer businesses here. Typical sale multiple: 2.39x - 3.35x SDE.
Tutoring Centers: 142 employer businesses here. Typical sale multiple: 2.0x - 3.5x SDE.
Preschools. Typical sale multiple: 3.12x - 4.0x SDE.
Energy & Utilities
952 related employer businesses in Arizona.
Waste Management & Recycling: 356 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA + Assets.
Water & Wastewater Services: 354 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA.
Propane & Fuel Distribution: 165 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA + Assets.
Oil & Gas Services: 44 employer businesses here. Typical sale multiple: 3.0x - 5.0x EBITDA + Equipment.
Solar & Renewable Energy: 33 employer businesses here. Typical sale multiple: 3.5x - 6.0x EBITDA.
Pet Services
763 related employer businesses in Arizona.
Pet Grooming & Spas: 564 employer businesses here. Typical sale multiple: 2.0x - 3.0x SDE.
Boarding, Daycare & Training: 564 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA.
Pet Retail & Specialty Supplies: 199 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE + Inventory.
Mobile & In-Home Pet Care. Typical sale multiple: 1.5x - 2.5x SDE + Fleet.
Land & Agriculture
21 related employer businesses in Arizona.
Agricultural Labor Contracting: 21 employer businesses here. Typical sale multiple: 2.4x - 6.09x EBITDA.
Crop Production. Typical sale multiple: 4.5x - 6.69x EBITDA.
Livestock & Ranching. Typical sale multiple: 3.0x - 5.76x EBITDA.
Agribusiness & Infrastructure. Typical sale multiple: 5.2x - 10.3x EBITDA.
AgTech & Precision Ag. Typical sale multiple: 8.3x - 12.1x EBITDA.
Agri-Tourism & Lifestyle. Typical sale multiple: 2.51x - 4.54x SDE.
E-commerce & Online Businesses
Amazon FBA Businesses. Typical sale multiple: 2.5x - 4.0x SDE + Inventory.
Online Marketplaces. Typical sale multiple: 3.5x - 6.0x SDE.
Metro areas in this state
Counties
Working with owners in Arizona
Business Advisors of America works with owners who are selling a business in Arizona. Contact us to talk about a sale.
FREQUENTLY ASKED QUESTIONS
Questions owners in Arizona ask
How long does it take to sell a business in Arizona?
The time depends on the price, the quality of the records and the number of qualified buyers. Many sales take six months or longer from the start of the process to closing.
How is a business valued in Arizona?
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.
What should I prepare before listing?
Three years of tax returns and profit and loss statements, a current balance sheet, the lease, a list of equipment and a summary of key contracts.
What is the difference between SDE and EBITDA?
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, and it is used for larger businesses that run without the owner.
FROM OUR BLOG
Guides for owners in Arizona
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