Selling a Business in Elk County

Elk County has 898 employer businesses, and 86% of them have fewer than 20 employees. This page shows the local mix of industries and how a sale is handled here.

LOCAL SNAPSHOT

Elk County by the numbers

898

898

EMPLOYER BUSINESSES

86%

86%

SMALL EMPLOYER SHARE

1,611

1,611

BUSINESSES WITH NO EMPLOYEES

12,841

12,841

EMPLOYMENT

$666 million

$666 million

ANNUAL PAYROLL

427

427

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 Elk County compares

  • Elk County ranks 52nd of 67 Pennsylvania counties and county equivalents for employer businesses.

  • The number of employer businesses grew 2.9% between 2018 and 2023.

  • Manufacturing makes up 14% of employer businesses in Elk County, compared with 4% in Pennsylvania.

  • 427 employer businesses here have 5 to 49 employees.

  • Elk County ranks 52nd of 67 Pennsylvania counties and county equivalents for employer businesses.

  • The number of employer businesses grew 2.9% between 2018 and 2023.

  • Manufacturing makes up 14% of employer businesses in Elk County, compared with 4% in Pennsylvania.

  • 427 employer businesses here have 5 to 49 employees.

Industry mix

The largest industries by number of employer businesses:

  • Manufacturing: 130 employer businesses

  • Health care and social assistance: 113 employer businesses

  • Retail: 113 employer businesses

  • Repair, personal care and other services: 107 employer businesses

  • Accommodation and food service: 82 employer businesses

The largest industries by number of employer businesses:

  • Manufacturing: 130 employer businesses

  • Health care and social assistance: 113 employer businesses

  • Retail: 113 employer businesses

  • Repair, personal care and other services: 107 employer businesses

  • Accommodation and food service: 82 employer businesses

Every kind of business we sell in Elk County

We sell businesses in every one of these industries in Elk 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.

Manufacturing

102 related employer businesses in Elk County.

Construction & Engineering

70 related employer businesses in Elk County.

  • General Contracting: 20 employer businesses here. Typical sale multiple: 3.0x - 4.5x SDE.

  • Foundation & Site Prep: 13 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Fleet.

  • Landscaping: 11 employer businesses here. Typical sale multiple: 3.0x - 5.0x 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.

  • Interior Finishing: 9 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.

  • Electrical: 6 employer businesses here. Typical sale multiple: 4.0x - 8.0x EBITDA.

Restaurants & Food

66 related employer businesses in Elk County.

Medical Practices

49 related employer businesses in Elk County.

Automotive & Boat

36 related employer businesses in Elk County.

  • Auto Repair: 14 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE.

  • Car Dealerships: 11 employer businesses here. Typical sale multiple: 2x - 8x Blue Sky + Assets.

  • Auto Parts: 7 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE + Inventory.

  • Collision Repair: 4 employer businesses here. Typical sale multiple: 3.5x - 5.0x EBITDA.

Retail Stores

31 related employer businesses in Elk County.

Logistics & Transportation

27 related employer businesses in Elk County.

Financial & Professional Services

25 related employer businesses in Elk County.

Entertainment & Recreation

16 related employer businesses in Elk County.

  • Bars & Pubs: 10 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.

  • Clubs & Lounges: 10 employer businesses here. Typical sale multiple: 3.0x - 6.0x EBITDA.

  • Outdoor Recreation: 3 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.

  • Golf Courses: 3 employer businesses here. Typical sale multiple: 8.0x - 11.0x EBITDA.

Beauty & Personal Care

15 related employer businesses in Elk County.

  • Hair Salons: 15 employer businesses here. Typical sale multiple: 1.25x - 2.34x SDE.

Gas Stations & Convenience

15 related employer businesses in Elk County.

  • Gas Stations: 15 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA + Real Estate.

Hospitality & Travel

15 related employer businesses in Elk County.

  • Hotels: 6 employer businesses here. Typical sale multiple: 2.6x - 5.1x EBITDA.

  • Motels: 6 employer businesses here. Typical sale multiple: 1.1x - 2.5x SDE.

  • Transportation Services: 6 employer businesses here. Typical sale multiple: 2.0x - 4.1x SDE.

  • Bed & Breakfasts / Inns: 3 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.

Senior Care & Living

14 related employer businesses in Elk County.

Wholesale & Distribution

9 related employer businesses in Elk County.

Health & Fitness

8 related employer businesses in Elk County.

Education & Childcare

7 related employer businesses in Elk County.

  • Daycare Centers: 7 employer businesses here. Typical sale multiple: 2.39x - 3.35x SDE.

Pharmacies & Medical Supply

6 related employer businesses in Elk County.

Home Services

5 related employer businesses in Elk County.

Energy & Utilities

4 related employer businesses in Elk County.

We sell businesses in every one of these industries in Elk 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.

Manufacturing

102 related employer businesses in Elk County.

Construction & Engineering

70 related employer businesses in Elk County.

  • General Contracting: 20 employer businesses here. Typical sale multiple: 3.0x - 4.5x SDE.

  • Foundation & Site Prep: 13 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Fleet.

  • Landscaping: 11 employer businesses here. Typical sale multiple: 3.0x - 5.0x 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.

  • Interior Finishing: 9 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.

  • Electrical: 6 employer businesses here. Typical sale multiple: 4.0x - 8.0x EBITDA.

Restaurants & Food

66 related employer businesses in Elk County.

Medical Practices

49 related employer businesses in Elk County.

Automotive & Boat

36 related employer businesses in Elk County.

  • Auto Repair: 14 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE.

  • Car Dealerships: 11 employer businesses here. Typical sale multiple: 2x - 8x Blue Sky + Assets.

  • Auto Parts: 7 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE + Inventory.

  • Collision Repair: 4 employer businesses here. Typical sale multiple: 3.5x - 5.0x EBITDA.

Retail Stores

31 related employer businesses in Elk County.

Logistics & Transportation

27 related employer businesses in Elk County.

Financial & Professional Services

25 related employer businesses in Elk County.

Entertainment & Recreation

16 related employer businesses in Elk County.

  • Bars & Pubs: 10 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.

  • Clubs & Lounges: 10 employer businesses here. Typical sale multiple: 3.0x - 6.0x EBITDA.

  • Outdoor Recreation: 3 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.

  • Golf Courses: 3 employer businesses here. Typical sale multiple: 8.0x - 11.0x EBITDA.

Beauty & Personal Care

15 related employer businesses in Elk County.

  • Hair Salons: 15 employer businesses here. Typical sale multiple: 1.25x - 2.34x SDE.

Gas Stations & Convenience

15 related employer businesses in Elk County.

  • Gas Stations: 15 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA + Real Estate.

Hospitality & Travel

15 related employer businesses in Elk County.

  • Hotels: 6 employer businesses here. Typical sale multiple: 2.6x - 5.1x EBITDA.

  • Motels: 6 employer businesses here. Typical sale multiple: 1.1x - 2.5x SDE.

  • Transportation Services: 6 employer businesses here. Typical sale multiple: 2.0x - 4.1x SDE.

  • Bed & Breakfasts / Inns: 3 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.

Senior Care & Living

14 related employer businesses in Elk County.

Wholesale & Distribution

9 related employer businesses in Elk County.

Health & Fitness

8 related employer businesses in Elk County.

Education & Childcare

7 related employer businesses in Elk County.

  • Daycare Centers: 7 employer businesses here. Typical sale multiple: 2.39x - 3.35x SDE.

Pharmacies & Medical Supply

6 related employer businesses in Elk County.

Home Services

5 related employer businesses in Elk County.

Energy & Utilities

4 related employer businesses in Elk County.

Working with owners in Elk County

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

FREQUENTLY ASKED QUESTIONS

Questions owners in Elk County ask

How long does it take to sell a business in Elk 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 Elk 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 Elk 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