Selling a Business in Cass County

Cass County has 658 employer businesses, and 85% of them have fewer than 20 employees. This page shows the local mix of industries and how a sale is handled here.

LOCAL SNAPSHOT

Cass County by the numbers

658

658

EMPLOYER BUSINESSES

85%

85%

SMALL EMPLOYER SHARE

2,102

2,102

BUSINESSES WITH NO EMPLOYEES

12,070

12,070

EMPLOYMENT

$561 million

$561 million

ANNUAL PAYROLL

321

321

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 Cass County compares

  • Cass County ranks 52nd of 92 Indiana counties and county equivalents for employer businesses.

  • The number of employer businesses fell 0.9% between 2018 and 2023.

  • Manufacturing makes up 7% of employer businesses in Cass County, compared with 5% in Indiana.

  • 321 employer businesses here have 5 to 49 employees.

  • Cass County ranks 52nd of 92 Indiana counties and county equivalents for employer businesses.

  • The number of employer businesses fell 0.9% between 2018 and 2023.

  • Manufacturing makes up 7% of employer businesses in Cass County, compared with 5% in Indiana.

  • 321 employer businesses here have 5 to 49 employees.

Industry mix

The largest industries by number of employer businesses:

  • Retail: 103 employer businesses

  • Repair, personal care and other services: 89 employer businesses

  • Accommodation and food service: 76 employer businesses

  • Health care and social assistance: 74 employer businesses

  • Construction: 62 employer businesses

The largest industries by number of employer businesses:

  • Retail: 103 employer businesses

  • Repair, personal care and other services: 89 employer businesses

  • Accommodation and food service: 76 employer businesses

  • Health care and social assistance: 74 employer businesses

  • Construction: 62 employer businesses

INDUSTRIES

What sells in Cass County

Retail, repair, personal care and other services, accommodation and food service, health care and social assistance

Every kind of business we sell in Cass County

We sell businesses in every one of these industries in Cass County. 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.

Restaurants & Food

71 related employer businesses in Cass County.

Construction & Engineering

59 related employer businesses in Cass County.

  • General Contracting: 24 employer businesses here. Typical sale multiple: 3.0x - 4.5x SDE.

  • Plumbing: 12 employer businesses here. Typical sale multiple: 3.5x - 5.0x SDE.

  • HVAC Services: 12 employer businesses here. Typical sale multiple: 4.6x - 7.0x EBITDA.

  • Landscaping: 9 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.

  • Electrical: 7 employer businesses here. Typical sale multiple: 4.0x - 8.0x EBITDA.

  • Foundation & Site Prep: 4 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Fleet.

  • Interior Finishing: 3 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.

Medical Practices

36 related employer businesses in Cass County.

Manufacturing

32 related employer businesses in Cass County.

Financial & Professional Services

31 related employer businesses in Cass County.

Logistics & Transportation

30 related employer businesses in Cass County.

Automotive & Boat

26 related employer businesses in Cass County.

  • Auto Repair: 12 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE.

  • Car Dealerships: 7 employer businesses here. Typical sale multiple: 2x - 8x Blue Sky + Assets.

  • Auto Parts: 4 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE + Inventory.

  • Collision Repair: 3 employer businesses here. Typical sale multiple: 3.5x - 5.0x EBITDA.

Retail Stores

26 related employer businesses in Cass County.

Gas Stations & Convenience

19 related employer businesses in Cass County.

  • Gas Stations: 16 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA + Real Estate.

  • Convenience Stores: 3 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE + Inventory.

Wholesale & Distribution

9 related employer businesses in Cass County.

Entertainment & Recreation

8 related employer businesses in Cass 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.

Pharmacies & Medical Supply

6 related employer businesses in Cass County.

Beauty & Personal Care

5 related employer businesses in Cass County.

  • Hair Salons: 5 employer businesses here. Typical sale multiple: 1.25x - 2.34x SDE.

Education & Childcare

5 related employer businesses in Cass County.

  • Daycare Centers: 5 employer businesses here. Typical sale multiple: 2.39x - 3.35x SDE.

Health & Fitness

4 related employer businesses in Cass County.

Hospitality & Travel

4 related employer businesses in Cass County.

  • Hotels: 4 employer businesses here. Typical sale multiple: 2.6x - 5.1x EBITDA.

  • Motels: 4 employer businesses here. Typical sale multiple: 1.1x - 2.5x SDE.

Energy & Utilities

3 related employer businesses in Cass County.

Home Services

3 related employer businesses in Cass County.

Senior Care & Living

3 related employer businesses in Cass County.

We sell businesses in every one of these industries in Cass County. 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.

Restaurants & Food

71 related employer businesses in Cass County.

Construction & Engineering

59 related employer businesses in Cass County.

  • General Contracting: 24 employer businesses here. Typical sale multiple: 3.0x - 4.5x SDE.

  • Plumbing: 12 employer businesses here. Typical sale multiple: 3.5x - 5.0x SDE.

  • HVAC Services: 12 employer businesses here. Typical sale multiple: 4.6x - 7.0x EBITDA.

  • Landscaping: 9 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.

  • Electrical: 7 employer businesses here. Typical sale multiple: 4.0x - 8.0x EBITDA.

  • Foundation & Site Prep: 4 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Fleet.

  • Interior Finishing: 3 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.

Medical Practices

36 related employer businesses in Cass County.

Manufacturing

32 related employer businesses in Cass County.

Financial & Professional Services

31 related employer businesses in Cass County.

Logistics & Transportation

30 related employer businesses in Cass County.

Automotive & Boat

26 related employer businesses in Cass County.

  • Auto Repair: 12 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE.

  • Car Dealerships: 7 employer businesses here. Typical sale multiple: 2x - 8x Blue Sky + Assets.

  • Auto Parts: 4 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE + Inventory.

  • Collision Repair: 3 employer businesses here. Typical sale multiple: 3.5x - 5.0x EBITDA.

Retail Stores

26 related employer businesses in Cass County.

Gas Stations & Convenience

19 related employer businesses in Cass County.

  • Gas Stations: 16 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA + Real Estate.

  • Convenience Stores: 3 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE + Inventory.

Wholesale & Distribution

9 related employer businesses in Cass County.

Entertainment & Recreation

8 related employer businesses in Cass 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.

Pharmacies & Medical Supply

6 related employer businesses in Cass County.

Beauty & Personal Care

5 related employer businesses in Cass County.

  • Hair Salons: 5 employer businesses here. Typical sale multiple: 1.25x - 2.34x SDE.

Education & Childcare

5 related employer businesses in Cass County.

  • Daycare Centers: 5 employer businesses here. Typical sale multiple: 2.39x - 3.35x SDE.

Health & Fitness

4 related employer businesses in Cass County.

Hospitality & Travel

4 related employer businesses in Cass County.

  • Hotels: 4 employer businesses here. Typical sale multiple: 2.6x - 5.1x EBITDA.

  • Motels: 4 employer businesses here. Typical sale multiple: 1.1x - 2.5x SDE.

Energy & Utilities

3 related employer businesses in Cass County.

Home Services

3 related employer businesses in Cass County.

Senior Care & Living

3 related employer businesses in Cass County.

Working with owners in Cass County

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

FREQUENTLY ASKED QUESTIONS

Questions owners in Cass County ask

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

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 Cass 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 Cass 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