Selling a Business in Cheboygan County
Cheboygan County has 770 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.
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LOCAL SNAPSHOT
Cheboygan County by the numbers
770
770
EMPLOYER BUSINESSES
93%
93%
SMALL EMPLOYER SHARE
2,118
2,118
BUSINESSES WITH NO EMPLOYEES
4,794
4,794
EMPLOYMENT
$235 million
$235 million
ANNUAL PAYROLL
247
247
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 Cheboygan County compares
Cheboygan County ranks 51st of 83 Michigan counties and county equivalents for employer businesses.
The number of employer businesses grew 4.8% between 2018 and 2023.
Accommodation and food service makes up 17% of employer businesses in Cheboygan County, compared with 9% in Michigan.
247 employer businesses here have 5 to 49 employees.
Cheboygan County ranks 51st of 83 Michigan counties and county equivalents for employer businesses.
The number of employer businesses grew 4.8% between 2018 and 2023.
Accommodation and food service makes up 17% of employer businesses in Cheboygan County, compared with 9% in Michigan.
247 employer businesses here have 5 to 49 employees.
Industry mix
The largest industries by number of employer businesses:
Retail: 130 employer businesses
Accommodation and food service: 129 employer businesses
Construction: 109 employer businesses
Repair, personal care and other services: 93 employer businesses
Health care and social assistance: 69 employer businesses
The largest industries by number of employer businesses:
Retail: 130 employer businesses
Accommodation and food service: 129 employer businesses
Construction: 109 employer businesses
Repair, personal care and other services: 93 employer businesses
Health care and social assistance: 69 employer businesses
INDUSTRIES
What sells in Cheboygan County
Retail, accommodation and food service, construction, repair, personal care and other services
Every kind of business we sell in Cheboygan County
We sell businesses in every one of these industries in Cheboygan 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.
Construction & Engineering
121 related employer businesses in Cheboygan County.
General Contracting: 37 employer businesses here. Typical sale multiple: 3.0x - 4.5x SDE.
Landscaping: 25 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.
Foundation & Site Prep: 15 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Fleet.
Interior Finishing: 12 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.
Plumbing: 11 employer businesses here. Typical sale multiple: 3.5x - 5.0x SDE.
HVAC Services: 11 employer businesses here. Typical sale multiple: 4.6x - 7.0x EBITDA.
Electrical: 11 employer businesses here. Typical sale multiple: 4.0x - 8.0x EBITDA.
Masonry: 6 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Equipment.
Roofing & Siding: 4 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.
Restaurants & Food
83 related employer businesses in Cheboygan County.
Full-Service Restaurants: 40 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE.
Quick-Service & Fast Food: 15 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE.
Coffee Shops: 13 employer businesses here. Typical sale multiple: 2.0x - 3.0x SDE.
Grocery Stores & Markets: 9 employer businesses here. Typical sale multiple: 2.0x - 3.0x SDE + Inventory.
Liquor, Wine & Beer Stores: 6 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE + Inventory.
Hospitality & Travel
48 related employer businesses in Cheboygan County.
Hotels: 42 employer businesses here. Typical sale multiple: 2.6x - 5.1x EBITDA.
Motels: 42 employer businesses here. Typical sale multiple: 1.1x - 2.5x SDE.
Campgrounds & RV Parks: 6 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA.
Retail Stores
46 related employer businesses in Cheboygan County.
Hardware, Garden & Building: 12 employer businesses here. Typical sale multiple: 2.5x - 3.8x SDE + Inventory.
Fashion, Apparel & Jewelry: 11 employer businesses here. Typical sale multiple: 2.0x - 3.5x SDE + Inventory.
Health, Beauty & Pharmacy: 9 employer businesses here. Typical sale multiple: 2.8x - 4.2x EBITDA.
Hobby, Toys & Gift Shops: 7 employer businesses here. Typical sale multiple: 1.8x - 2.8x SDE + Inventory.
Home Decor & Furniture: 4 employer businesses here. Typical sale multiple: 2.2x - 3.2x SDE + Inventory.
Sporting Goods & Firearms: 3 employer businesses here. Typical sale multiple: 2.3x - 3.4x SDE.
Automotive & Boat
39 related employer businesses in Cheboygan County.
Auto Repair: 14 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE.
Car Dealerships: 9 employer businesses here. Typical sale multiple: 2x - 8x Blue Sky + Assets.
Auto Parts: 6 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE + Inventory.
Collision Repair: 5 employer businesses here. Typical sale multiple: 3.5x - 5.0x EBITDA.
Marinas: 5 employer businesses here. Typical sale multiple: Cap Rate or 4.0x - 7.0x EBITDA.
Medical Practices
32 related employer businesses in Cheboygan County.
Primary & Family Care: 11 employer businesses here. Typical sale multiple: 2.2x - 3.2x SDE.
Veterinary Medicine: 5 employer businesses here. Typical sale multiple: 6.0x - 9.0x EBITDA.
Dental Practices: 4 employer businesses here. Typical sale multiple: 3.5x - 5.5x EBITDA.
Physical Therapy & Rehab: 4 employer businesses here. Typical sale multiple: 3.5x - 5.0x EBITDA.
Medical Labs & Imaging: 4 employer businesses here. Typical sale multiple: 4.5x - 6.5x EBITDA.
Home Health & Hospice: 4 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA.
Financial & Professional Services
31 related employer businesses in Cheboygan County.
Insurance Agencies: 11 employer businesses here. Typical sale multiple: 6.0x - 8.0x EBITDA.
Real Estate Brokerages: 9 employer businesses here. Typical sale multiple: 2.5x - 4.5x SDE.
Accounting & Tax Practices: 8 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.
Gas Stations & Convenience
21 related employer businesses in Cheboygan County.
Gas Stations: 14 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA + Real Estate.
Convenience Stores: 7 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE + Inventory.
Entertainment & Recreation
18 related employer businesses in Cheboygan County.
Bars & Pubs: 9 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.
Clubs & Lounges: 9 employer businesses here. Typical sale multiple: 3.0x - 6.0x EBITDA.
Outdoor Recreation: 5 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.
Golf Courses: 4 employer businesses here. Typical sale multiple: 8.0x - 11.0x EBITDA.
Manufacturing
17 related employer businesses in Cheboygan County.
Food & Beverage Manufacturing: 9 employer businesses here. Typical sale multiple: 3.1x - 4.5x SDE.
Metal Fabrication: 5 employer businesses here. Typical sale multiple: 3.2x - 4.2x SDE.
Wood & Furniture Manufacturing: 3 employer businesses here. Typical sale multiple: 2.5x - 3.8x SDE.
Beauty & Personal Care
13 related employer businesses in Cheboygan County.
Hair Salons: 9 employer businesses here. Typical sale multiple: 1.25x - 2.34x SDE.
Day Spas: 4 employer businesses here. Typical sale multiple: 1.8x - 2.8x SDE.
Tattoo Shops: 4 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE.
Massage Parlors: 4 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE.
Pharmacies & Medical Supply
11 related employer businesses in Cheboygan County.
Medical Supply Retail: 4 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE + Inventory.
Home Infusion: 4 employer businesses here. Typical sale multiple: 4.0x - 6.5x EBITDA.
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.
Education & Childcare
5 related employer businesses in Cheboygan County.
Daycare Centers: 5 employer businesses here. Typical sale multiple: 2.39x - 3.35x SDE.
Logistics & Transportation
5 related employer businesses in Cheboygan County.
General Freight Trucking: 5 employer businesses here. Typical sale multiple: 2.44x - 3.45x SDE.
Energy & Utilities
4 related employer businesses in Cheboygan County.
Water & Wastewater Services: 4 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA.
Home Services
3 related employer businesses in Cheboygan County.
Property Management: 3 employer businesses here. Typical sale multiple: 3.0x - 4.5x SDE.
Senior Care & Living
3 related employer businesses in Cheboygan County.
Assisted Living Facilities: 3 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA + Real Estate.
We sell businesses in every one of these industries in Cheboygan 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.
Construction & Engineering
121 related employer businesses in Cheboygan County.
General Contracting: 37 employer businesses here. Typical sale multiple: 3.0x - 4.5x SDE.
Landscaping: 25 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.
Foundation & Site Prep: 15 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Fleet.
Interior Finishing: 12 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.
Plumbing: 11 employer businesses here. Typical sale multiple: 3.5x - 5.0x SDE.
HVAC Services: 11 employer businesses here. Typical sale multiple: 4.6x - 7.0x EBITDA.
Electrical: 11 employer businesses here. Typical sale multiple: 4.0x - 8.0x EBITDA.
Masonry: 6 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Equipment.
Roofing & Siding: 4 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.
Restaurants & Food
83 related employer businesses in Cheboygan County.
Full-Service Restaurants: 40 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE.
Quick-Service & Fast Food: 15 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE.
Coffee Shops: 13 employer businesses here. Typical sale multiple: 2.0x - 3.0x SDE.
Grocery Stores & Markets: 9 employer businesses here. Typical sale multiple: 2.0x - 3.0x SDE + Inventory.
Liquor, Wine & Beer Stores: 6 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE + Inventory.
Hospitality & Travel
48 related employer businesses in Cheboygan County.
Hotels: 42 employer businesses here. Typical sale multiple: 2.6x - 5.1x EBITDA.
Motels: 42 employer businesses here. Typical sale multiple: 1.1x - 2.5x SDE.
Campgrounds & RV Parks: 6 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA.
Retail Stores
46 related employer businesses in Cheboygan County.
Hardware, Garden & Building: 12 employer businesses here. Typical sale multiple: 2.5x - 3.8x SDE + Inventory.
Fashion, Apparel & Jewelry: 11 employer businesses here. Typical sale multiple: 2.0x - 3.5x SDE + Inventory.
Health, Beauty & Pharmacy: 9 employer businesses here. Typical sale multiple: 2.8x - 4.2x EBITDA.
Hobby, Toys & Gift Shops: 7 employer businesses here. Typical sale multiple: 1.8x - 2.8x SDE + Inventory.
Home Decor & Furniture: 4 employer businesses here. Typical sale multiple: 2.2x - 3.2x SDE + Inventory.
Sporting Goods & Firearms: 3 employer businesses here. Typical sale multiple: 2.3x - 3.4x SDE.
Automotive & Boat
39 related employer businesses in Cheboygan County.
Auto Repair: 14 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE.
Car Dealerships: 9 employer businesses here. Typical sale multiple: 2x - 8x Blue Sky + Assets.
Auto Parts: 6 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE + Inventory.
Collision Repair: 5 employer businesses here. Typical sale multiple: 3.5x - 5.0x EBITDA.
Marinas: 5 employer businesses here. Typical sale multiple: Cap Rate or 4.0x - 7.0x EBITDA.
Medical Practices
32 related employer businesses in Cheboygan County.
Primary & Family Care: 11 employer businesses here. Typical sale multiple: 2.2x - 3.2x SDE.
Veterinary Medicine: 5 employer businesses here. Typical sale multiple: 6.0x - 9.0x EBITDA.
Dental Practices: 4 employer businesses here. Typical sale multiple: 3.5x - 5.5x EBITDA.
Physical Therapy & Rehab: 4 employer businesses here. Typical sale multiple: 3.5x - 5.0x EBITDA.
Medical Labs & Imaging: 4 employer businesses here. Typical sale multiple: 4.5x - 6.5x EBITDA.
Home Health & Hospice: 4 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA.
Financial & Professional Services
31 related employer businesses in Cheboygan County.
Insurance Agencies: 11 employer businesses here. Typical sale multiple: 6.0x - 8.0x EBITDA.
Real Estate Brokerages: 9 employer businesses here. Typical sale multiple: 2.5x - 4.5x SDE.
Accounting & Tax Practices: 8 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.
Gas Stations & Convenience
21 related employer businesses in Cheboygan County.
Gas Stations: 14 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA + Real Estate.
Convenience Stores: 7 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE + Inventory.
Entertainment & Recreation
18 related employer businesses in Cheboygan County.
Bars & Pubs: 9 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.
Clubs & Lounges: 9 employer businesses here. Typical sale multiple: 3.0x - 6.0x EBITDA.
Outdoor Recreation: 5 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.
Golf Courses: 4 employer businesses here. Typical sale multiple: 8.0x - 11.0x EBITDA.
Manufacturing
17 related employer businesses in Cheboygan County.
Food & Beverage Manufacturing: 9 employer businesses here. Typical sale multiple: 3.1x - 4.5x SDE.
Metal Fabrication: 5 employer businesses here. Typical sale multiple: 3.2x - 4.2x SDE.
Wood & Furniture Manufacturing: 3 employer businesses here. Typical sale multiple: 2.5x - 3.8x SDE.
Beauty & Personal Care
13 related employer businesses in Cheboygan County.
Hair Salons: 9 employer businesses here. Typical sale multiple: 1.25x - 2.34x SDE.
Day Spas: 4 employer businesses here. Typical sale multiple: 1.8x - 2.8x SDE.
Tattoo Shops: 4 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE.
Massage Parlors: 4 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE.
Pharmacies & Medical Supply
11 related employer businesses in Cheboygan County.
Medical Supply Retail: 4 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE + Inventory.
Home Infusion: 4 employer businesses here. Typical sale multiple: 4.0x - 6.5x EBITDA.
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.
Education & Childcare
5 related employer businesses in Cheboygan County.
Daycare Centers: 5 employer businesses here. Typical sale multiple: 2.39x - 3.35x SDE.
Logistics & Transportation
5 related employer businesses in Cheboygan County.
General Freight Trucking: 5 employer businesses here. Typical sale multiple: 2.44x - 3.45x SDE.
Energy & Utilities
4 related employer businesses in Cheboygan County.
Water & Wastewater Services: 4 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA.
Home Services
3 related employer businesses in Cheboygan County.
Property Management: 3 employer businesses here. Typical sale multiple: 3.0x - 4.5x SDE.
Senior Care & Living
3 related employer businesses in Cheboygan County.
Assisted Living Facilities: 3 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA + Real Estate.
Working with owners in Cheboygan County
Business Advisors of America works with owners who are selling a business in Cheboygan County. Contact us to talk about a sale.
FREQUENTLY ASKED QUESTIONS
Questions owners in Cheboygan County ask
How long does it take to sell a business in Cheboygan 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 Cheboygan 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 Cheboygan 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