Selling a Business in Codington County
Codington County has 1,210 employer businesses, and 87% of them have fewer than 20 employees. This page shows the local mix of industries and how a sale is handled here.
Areas in South Dakota
Beadle County
Bon Homme County
Brookings County
Brown County
Brule County
Butte County
Charles Mix County
Clay County
Codington County
Davison County
Day County
Fall River County
Grant County
Gregory County
Hamlin County
Hughes County
Hutchinson County
Kingsbury County
Lake County
Lawrence County
Rapid City
Roberts County
Sioux Falls
Spink County
Tripp County
Walworth County
Yankton County
LOCAL SNAPSHOT
Codington County by the numbers
1,210
1,210
EMPLOYER BUSINESSES
87%
87%
SMALL EMPLOYER SHARE
2,454
2,454
BUSINESSES WITH NO EMPLOYEES
15,001
15,001
EMPLOYMENT
$685 million
$685 million
ANNUAL PAYROLL
495
495
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 Codington County compares
Codington County ranks 6th of 66 South Dakota counties and county equivalents for employer businesses.
The number of employer businesses grew 9.5% between 2018 and 2023.
Manufacturing makes up 7% of employer businesses in Codington County, compared with 4% in South Dakota.
495 employer businesses here have 5 to 49 employees.
Codington County ranks 6th of 66 South Dakota counties and county equivalents for employer businesses.
The number of employer businesses grew 9.5% between 2018 and 2023.
Manufacturing makes up 7% of employer businesses in Codington County, compared with 4% in South Dakota.
495 employer businesses here have 5 to 49 employees.
Industry mix
The largest industries by number of employer businesses:
Retail: 189 employer businesses
Construction: 136 employer businesses
Repair, personal care and other services: 117 employer businesses
Health care and social assistance: 100 employer businesses
Accommodation and food service: 92 employer businesses
The largest industries by number of employer businesses:
Retail: 189 employer businesses
Construction: 136 employer businesses
Repair, personal care and other services: 117 employer businesses
Health care and social assistance: 100 employer businesses
Accommodation and food service: 92 employer businesses
INDUSTRIES
What sells in Codington County
Retail, construction, repair, personal care and other services, health care and social assistance
Every kind of business we sell in Codington County
We sell businesses in every one of these industries in Codington 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
142 related employer businesses in Codington County.
General Contracting: 47 employer businesses here. Typical sale multiple: 3.0x - 4.5x SDE.
Interior Finishing: 24 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.
Landscaping: 23 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.
Plumbing: 16 employer businesses here. Typical sale multiple: 3.5x - 5.0x SDE.
HVAC Services: 16 employer businesses here. Typical sale multiple: 4.6x - 7.0x EBITDA.
Foundation & Site Prep: 15 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Fleet.
Electrical: 10 employer businesses here. Typical sale multiple: 4.0x - 8.0x EBITDA.
Civil Engineering: 4 employer businesses here. Typical sale multiple: 7.0x - 11.0x EBITDA.
Masonry: 3 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Equipment.
Financial & Professional Services
83 related employer businesses in Codington County.
Insurance Agencies: 30 employer businesses here. Typical sale multiple: 6.0x - 8.0x EBITDA.
Real Estate Brokerages: 27 employer businesses here. Typical sale multiple: 2.5x - 4.5x SDE.
Wealth Management: 15 employer businesses here. Typical sale multiple: 2.7x - 4.0x Recurring Revenue.
Accounting & Tax Practices: 11 employer businesses here. Typical sale multiple: 2.0x - 3.5x SDE.
Retail Stores
72 related employer businesses in Codington County.
Hardware, Garden & Building: 26 employer businesses here. Typical sale multiple: 2.5x - 3.8x SDE + Inventory.
Fashion, Apparel & Jewelry: 18 employer businesses here. Typical sale multiple: 2.0x - 3.5x SDE + Inventory.
Health, Beauty & Pharmacy: 8 employer businesses here. Typical sale multiple: 2.8x - 4.2x EBITDA.
Hobby, Toys & Gift Shops: 8 employer businesses here. Typical sale multiple: 1.8x - 2.8x SDE + Inventory.
Home Decor & Furniture: 7 employer businesses here. Typical sale multiple: 2.2x - 3.2x SDE + Inventory.
Sporting Goods & Firearms: 5 employer businesses here. Typical sale multiple: 2.3x - 3.4x SDE.
Restaurants & Food
66 related employer businesses in Codington County.
Full-Service Restaurants: 29 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE.
Quick-Service & Fast Food: 23 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE.
Coffee Shops: 8 employer businesses here. Typical sale multiple: 2.0x - 3.0x SDE.
Grocery Stores & Markets: 6 employer businesses here. Typical sale multiple: 2.0x - 3.0x SDE + Inventory.
Medical Practices
54 related employer businesses in Codington County.
Dental Practices: 24 employer businesses here. Typical sale multiple: 3.5x - 5.5x EBITDA.
Primary & Family Care: 11 employer businesses here. Typical sale multiple: 2.2x - 3.2x SDE.
Vision & Eye Care: 7 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE.
Physical Therapy & Rehab: 6 employer businesses here. Typical sale multiple: 3.5x - 5.0x EBITDA.
Veterinary Medicine: 6 employer businesses here. Typical sale multiple: 6.0x - 9.0x EBITDA.
Manufacturing
50 related employer businesses in Codington County.
Metal Fabrication: 26 employer businesses here. Typical sale multiple: 3.2x - 4.2x SDE.
Printing & Plastics: 8 employer businesses here. Typical sale multiple: 2.9x - 4.9x SDE.
Wood & Furniture Manufacturing: 7 employer businesses here. Typical sale multiple: 2.5x - 3.8x SDE.
Electronics & Tech Manufacturing: 6 employer businesses here. Typical sale multiple: 4.0x - 7.5x EBITDA.
Construction Materials Manufacturing: 3 employer businesses here. Typical sale multiple: 2.5x - 5.0x EBITDA.
Logistics & Transportation
42 related employer businesses in Codington County.
General Freight Trucking: 34 employer businesses here. Typical sale multiple: 2.44x - 3.45x SDE.
Heavy Haul Transport: 4 employer businesses here. Typical sale multiple: 3.5x - 4.5x SDE.
Last-Mile & Courier: 4 employer businesses here. Typical sale multiple: 2.76x - 3.32x SDE.
Automotive & Boat
39 related employer businesses in Codington County.
Auto Repair: 16 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE.
Auto Parts: 8 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE + Inventory.
Collision Repair: 7 employer businesses here. Typical sale multiple: 3.5x - 5.0x EBITDA.
Car Dealerships: 5 employer businesses here. Typical sale multiple: 2x - 8x Blue Sky + Assets.
Car Washes: 3 employer businesses here. Typical sale multiple: 4.5x - 7.0x EBITDA.
Wholesale & Distribution
29 related employer businesses in Codington County.
Industrial & Construction Supply: 21 employer businesses here. Typical sale multiple: 3.0x - 4.0x SDE.
Electronics, IT & Office Equipment Distribution: 5 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE.
Food & Beverage Distribution: 3 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE.
Gas Stations & Convenience
24 related employer businesses in Codington County.
Gas Stations: 21 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.
Entertainment & Recreation
17 related employer businesses in Codington County.
Bars & Pubs: 11 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.
Clubs & Lounges: 11 employer businesses here. Typical sale multiple: 3.0x - 6.0x EBITDA.
Outdoor Recreation: 6 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.
Hospitality & Travel
15 related employer businesses in Codington County.
Hotels: 15 employer businesses here. Typical sale multiple: 2.6x - 5.1x EBITDA.
Motels: 15 employer businesses here. Typical sale multiple: 1.1x - 2.5x SDE.
Home Services
12 related employer businesses in Codington County.
Residential Cleaning: 12 employer businesses here. Typical sale multiple: 1.5x - 2.6x SDE.
Commercial Cleaning: 12 employer businesses here. Typical sale multiple: 2.47x - 4.11x EBITDA.
Beauty & Personal Care
10 related employer businesses in Codington County.
Hair Salons: 10 employer businesses here. Typical sale multiple: 1.25x - 2.34x SDE.
Technology & Media
8 related employer businesses in Codington County.
Digital Marketing Agencies: 4 employer businesses here. Typical sale multiple: 2.0x - 3.5x SDE.
Real Estate Media: 4 employer businesses here. Typical sale multiple: 1.5x - 2.8x SDE.
Health & Fitness
5 related employer businesses in Codington County.
Gyms & Health Clubs: 5 employer businesses here. Typical sale multiple: 2.44x - 2.93x SDE.
Yoga Studios: 5 employer businesses here. Typical sale multiple: 2.07x - 2.50x SDE.
Pilates Studios: 5 employer businesses here. Typical sale multiple: 2.10x - 3.00x SDE.
Personal Training Studios: 5 employer businesses here. Typical sale multiple: 2.00x - 2.80x SDE.
Pet Services
5 related employer businesses in Codington County.
Pet Grooming & Spas: 5 employer businesses here. Typical sale multiple: 2.0x - 3.0x SDE.
Boarding, Daycare & Training: 5 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA.
Senior Care & Living
5 related employer businesses in Codington County.
Assisted Living Facilities: 5 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA + Real Estate.
Education & Childcare
3 related employer businesses in Codington County.
Daycare Centers: 3 employer businesses here. Typical sale multiple: 2.39x - 3.35x SDE.
Energy & Utilities
3 related employer businesses in Codington County.
Waste Management & Recycling: 3 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA + Assets.
Pharmacies & Medical Supply
3 related employer businesses in Codington 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.
We sell businesses in every one of these industries in Codington 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
142 related employer businesses in Codington County.
General Contracting: 47 employer businesses here. Typical sale multiple: 3.0x - 4.5x SDE.
Interior Finishing: 24 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.
Landscaping: 23 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.
Plumbing: 16 employer businesses here. Typical sale multiple: 3.5x - 5.0x SDE.
HVAC Services: 16 employer businesses here. Typical sale multiple: 4.6x - 7.0x EBITDA.
Foundation & Site Prep: 15 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Fleet.
Electrical: 10 employer businesses here. Typical sale multiple: 4.0x - 8.0x EBITDA.
Civil Engineering: 4 employer businesses here. Typical sale multiple: 7.0x - 11.0x EBITDA.
Masonry: 3 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Equipment.
Financial & Professional Services
83 related employer businesses in Codington County.
Insurance Agencies: 30 employer businesses here. Typical sale multiple: 6.0x - 8.0x EBITDA.
Real Estate Brokerages: 27 employer businesses here. Typical sale multiple: 2.5x - 4.5x SDE.
Wealth Management: 15 employer businesses here. Typical sale multiple: 2.7x - 4.0x Recurring Revenue.
Accounting & Tax Practices: 11 employer businesses here. Typical sale multiple: 2.0x - 3.5x SDE.
Retail Stores
72 related employer businesses in Codington County.
Hardware, Garden & Building: 26 employer businesses here. Typical sale multiple: 2.5x - 3.8x SDE + Inventory.
Fashion, Apparel & Jewelry: 18 employer businesses here. Typical sale multiple: 2.0x - 3.5x SDE + Inventory.
Health, Beauty & Pharmacy: 8 employer businesses here. Typical sale multiple: 2.8x - 4.2x EBITDA.
Hobby, Toys & Gift Shops: 8 employer businesses here. Typical sale multiple: 1.8x - 2.8x SDE + Inventory.
Home Decor & Furniture: 7 employer businesses here. Typical sale multiple: 2.2x - 3.2x SDE + Inventory.
Sporting Goods & Firearms: 5 employer businesses here. Typical sale multiple: 2.3x - 3.4x SDE.
Restaurants & Food
66 related employer businesses in Codington County.
Full-Service Restaurants: 29 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE.
Quick-Service & Fast Food: 23 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE.
Coffee Shops: 8 employer businesses here. Typical sale multiple: 2.0x - 3.0x SDE.
Grocery Stores & Markets: 6 employer businesses here. Typical sale multiple: 2.0x - 3.0x SDE + Inventory.
Medical Practices
54 related employer businesses in Codington County.
Dental Practices: 24 employer businesses here. Typical sale multiple: 3.5x - 5.5x EBITDA.
Primary & Family Care: 11 employer businesses here. Typical sale multiple: 2.2x - 3.2x SDE.
Vision & Eye Care: 7 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE.
Physical Therapy & Rehab: 6 employer businesses here. Typical sale multiple: 3.5x - 5.0x EBITDA.
Veterinary Medicine: 6 employer businesses here. Typical sale multiple: 6.0x - 9.0x EBITDA.
Manufacturing
50 related employer businesses in Codington County.
Metal Fabrication: 26 employer businesses here. Typical sale multiple: 3.2x - 4.2x SDE.
Printing & Plastics: 8 employer businesses here. Typical sale multiple: 2.9x - 4.9x SDE.
Wood & Furniture Manufacturing: 7 employer businesses here. Typical sale multiple: 2.5x - 3.8x SDE.
Electronics & Tech Manufacturing: 6 employer businesses here. Typical sale multiple: 4.0x - 7.5x EBITDA.
Construction Materials Manufacturing: 3 employer businesses here. Typical sale multiple: 2.5x - 5.0x EBITDA.
Logistics & Transportation
42 related employer businesses in Codington County.
General Freight Trucking: 34 employer businesses here. Typical sale multiple: 2.44x - 3.45x SDE.
Heavy Haul Transport: 4 employer businesses here. Typical sale multiple: 3.5x - 4.5x SDE.
Last-Mile & Courier: 4 employer businesses here. Typical sale multiple: 2.76x - 3.32x SDE.
Automotive & Boat
39 related employer businesses in Codington County.
Auto Repair: 16 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE.
Auto Parts: 8 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE + Inventory.
Collision Repair: 7 employer businesses here. Typical sale multiple: 3.5x - 5.0x EBITDA.
Car Dealerships: 5 employer businesses here. Typical sale multiple: 2x - 8x Blue Sky + Assets.
Car Washes: 3 employer businesses here. Typical sale multiple: 4.5x - 7.0x EBITDA.
Wholesale & Distribution
29 related employer businesses in Codington County.
Industrial & Construction Supply: 21 employer businesses here. Typical sale multiple: 3.0x - 4.0x SDE.
Electronics, IT & Office Equipment Distribution: 5 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE.
Food & Beverage Distribution: 3 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE.
Gas Stations & Convenience
24 related employer businesses in Codington County.
Gas Stations: 21 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.
Entertainment & Recreation
17 related employer businesses in Codington County.
Bars & Pubs: 11 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.
Clubs & Lounges: 11 employer businesses here. Typical sale multiple: 3.0x - 6.0x EBITDA.
Outdoor Recreation: 6 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.
Hospitality & Travel
15 related employer businesses in Codington County.
Hotels: 15 employer businesses here. Typical sale multiple: 2.6x - 5.1x EBITDA.
Motels: 15 employer businesses here. Typical sale multiple: 1.1x - 2.5x SDE.
Home Services
12 related employer businesses in Codington County.
Residential Cleaning: 12 employer businesses here. Typical sale multiple: 1.5x - 2.6x SDE.
Commercial Cleaning: 12 employer businesses here. Typical sale multiple: 2.47x - 4.11x EBITDA.
Beauty & Personal Care
10 related employer businesses in Codington County.
Hair Salons: 10 employer businesses here. Typical sale multiple: 1.25x - 2.34x SDE.
Technology & Media
8 related employer businesses in Codington County.
Digital Marketing Agencies: 4 employer businesses here. Typical sale multiple: 2.0x - 3.5x SDE.
Real Estate Media: 4 employer businesses here. Typical sale multiple: 1.5x - 2.8x SDE.
Health & Fitness
5 related employer businesses in Codington County.
Gyms & Health Clubs: 5 employer businesses here. Typical sale multiple: 2.44x - 2.93x SDE.
Yoga Studios: 5 employer businesses here. Typical sale multiple: 2.07x - 2.50x SDE.
Pilates Studios: 5 employer businesses here. Typical sale multiple: 2.10x - 3.00x SDE.
Personal Training Studios: 5 employer businesses here. Typical sale multiple: 2.00x - 2.80x SDE.
Pet Services
5 related employer businesses in Codington County.
Pet Grooming & Spas: 5 employer businesses here. Typical sale multiple: 2.0x - 3.0x SDE.
Boarding, Daycare & Training: 5 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA.
Senior Care & Living
5 related employer businesses in Codington County.
Assisted Living Facilities: 5 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA + Real Estate.
Education & Childcare
3 related employer businesses in Codington County.
Daycare Centers: 3 employer businesses here. Typical sale multiple: 2.39x - 3.35x SDE.
Energy & Utilities
3 related employer businesses in Codington County.
Waste Management & Recycling: 3 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA + Assets.
Pharmacies & Medical Supply
3 related employer businesses in Codington 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 Codington County
Business Advisors of America works with owners who are selling a business in Codington County. Contact us to talk about a sale.
FREQUENTLY ASKED QUESTIONS
Questions owners in Codington County ask
How long does it take to sell a business in Codington 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 Codington 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 Codington 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