Selling a Business in Hennepin County
Hennepin County has 40,486 employer businesses, and 81% of them have fewer than 20 employees. This page shows the local mix of industries and how a sale is handled here.
Part of the Minneapolis-St. Paul area.
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LOCAL SNAPSHOT
Hennepin County by the numbers
40,486
40,486
EMPLOYER BUSINESSES
81%
81%
SMALL EMPLOYER SHARE
124,252
124,252
BUSINESSES WITH NO EMPLOYEES
939,201
939,201
EMPLOYMENT
$78.0 billion
$78.0 billion
ANNUAL PAYROLL
15,804
15,804
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 Hennepin County compares
Hennepin County ranks 1st of 87 Minnesota counties and county equivalents for employer businesses.
The number of employer businesses fell 0.6% between 2018 and 2023.
Professional and technical services makes up 16% of employer businesses in Hennepin County, compared with 11% in Minnesota.
15,804 employer businesses here have 5 to 49 employees.
Hennepin County ranks 1st of 87 Minnesota counties and county equivalents for employer businesses.
The number of employer businesses fell 0.6% between 2018 and 2023.
Professional and technical services makes up 16% of employer businesses in Hennepin County, compared with 11% in Minnesota.
15,804 employer businesses here have 5 to 49 employees.
Industry mix
The largest industries by number of employer businesses:
Professional and technical services: 6,528 employer businesses
Health care and social assistance: 5,549 employer businesses
Retail: 3,714 employer businesses
Repair, personal care and other services: 3,616 employer businesses
Accommodation and food service: 3,038 employer businesses
The largest industries by number of employer businesses:
Professional and technical services: 6,528 employer businesses
Health care and social assistance: 5,549 employer businesses
Retail: 3,714 employer businesses
Repair, personal care and other services: 3,616 employer businesses
Accommodation and food service: 3,038 employer businesses
INDUSTRIES
What sells in Hennepin County
Professional and technical services, health care and social assistance, retail, repair, personal care and other services
Every kind of business we sell in Hennepin County
We sell businesses in every one of these industries in Hennepin 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.
Financial & Professional Services
3,418 related employer businesses in Hennepin County.
Real Estate Brokerages: 1,119 employer businesses here. Typical sale multiple: 2.5x - 4.5x SDE.
Wealth Management: 730 employer businesses here. Typical sale multiple: 2.7x - 4.0x Recurring Revenue.
Insurance Agencies: 729 employer businesses here. Typical sale multiple: 6.0x - 8.0x EBITDA.
Accounting & Tax Practices: 619 employer businesses here. Typical sale multiple: 2.0x - 3.5x SDE.
Private Lending: 181 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.
Mortgage Brokerages: 40 employer businesses here. Typical sale multiple: 2.0x - 3.5x SDE.
Construction & Engineering
3,271 related employer businesses in Hennepin County.
General Contracting: 1,042 employer businesses here. Typical sale multiple: 3.0x - 4.5x SDE.
Interior Finishing: 592 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.
Landscaping: 467 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.
Civil Engineering: 284 employer businesses here. Typical sale multiple: 7.0x - 11.0x EBITDA.
Plumbing: 242 employer businesses here. Typical sale multiple: 3.5x - 5.0x SDE.
HVAC Services: 242 employer businesses here. Typical sale multiple: 4.6x - 7.0x EBITDA.
Electrical: 201 employer businesses here. Typical sale multiple: 4.0x - 8.0x EBITDA.
Roofing & Siding: 200 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.
Foundation & Site Prep: 111 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Fleet.
Masonry: 59 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Equipment.
Carpentry & Framing: 46 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.
Remediation & Restoration: 27 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA.
Restaurants & Food
2,781 related employer businesses in Hennepin County.
Quick-Service & Fast Food: 1,069 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE.
Full-Service Restaurants: 948 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE.
Coffee Shops: 348 employer businesses here. Typical sale multiple: 2.0x - 3.0x SDE.
Grocery Stores & Markets: 221 employer businesses here. Typical sale multiple: 2.0x - 3.0x SDE + Inventory.
Liquor, Wine & Beer Stores: 156 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE + Inventory.
Bakeries: 39 employer businesses here. Typical sale multiple: 2.0x - 3.0x SDE.
Medical Practices
2,387 related employer businesses in Hennepin County.
Primary & Family Care: 537 employer businesses here. Typical sale multiple: 2.2x - 3.2x SDE.
Mental & Behavioral Health: 474 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.
Dental Practices: 472 employer businesses here. Typical sale multiple: 3.5x - 5.5x EBITDA.
Home Health & Hospice: 410 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA.
Physical Therapy & Rehab: 166 employer businesses here. Typical sale multiple: 3.5x - 5.0x EBITDA.
Veterinary Medicine: 125 employer businesses here. Typical sale multiple: 6.0x - 9.0x EBITDA.
Vision & Eye Care: 68 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE.
Specialty Medicine: 59 employer businesses here. Typical sale multiple: 5.0x - 7.0x EBITDA.
Medical Labs & Imaging: 55 employer businesses here. Typical sale multiple: 4.5x - 6.5x EBITDA.
Urgent Care Clinics: 21 employer businesses here. Typical sale multiple: 4.0x - 6.0x EBITDA.
Retail Stores
1,694 related employer businesses in Hennepin County.
Fashion, Apparel & Jewelry: 616 employer businesses here. Typical sale multiple: 2.0x - 3.5x SDE + Inventory.
Health, Beauty & Pharmacy: 326 employer businesses here. Typical sale multiple: 2.8x - 4.2x EBITDA.
Home Decor & Furniture: 214 employer businesses here. Typical sale multiple: 2.2x - 3.2x SDE + Inventory.
Hardware, Garden & Building: 207 employer businesses here. Typical sale multiple: 2.5x - 3.8x SDE + Inventory.
Hobby, Toys & Gift Shops: 118 employer businesses here. Typical sale multiple: 1.8x - 2.8x SDE + Inventory.
Sporting Goods & Firearms: 112 employer businesses here. Typical sale multiple: 2.3x - 3.4x SDE.
Electronics & Repair: 101 employer businesses here. Typical sale multiple: 2.0x - 3.0x SDE.
Technology & Media
1,220 related employer businesses in Hennepin County.
Digital Marketing Agencies: 382 employer businesses here. Typical sale multiple: 2.0x - 3.5x SDE.
Creative Agencies: 347 employer businesses here. Typical sale multiple: 1.8x - 3.0x SDE.
Media, Film & Studio Production: 179 employer businesses here. Typical sale multiple: 2.2x - 3.5x SDE.
Real Estate Media: 165 employer businesses here. Typical sale multiple: 1.5x - 2.8x SDE.
Software Companies (SaaS): 147 employer businesses here. Typical sale multiple: 3.5x - 5.5x SDE.
Manufacturing
1,139 related employer businesses in Hennepin County.
Metal Fabrication: 234 employer businesses here. Typical sale multiple: 3.2x - 4.2x SDE.
Printing & Plastics: 229 employer businesses here. Typical sale multiple: 2.9x - 4.9x SDE.
Food & Beverage Manufacturing: 176 employer businesses here. Typical sale multiple: 3.1x - 4.5x SDE.
Medical & Chemical Manufacturing: 176 employer businesses here. Typical sale multiple: 4.5x - 8.0x EBITDA.
Electronics & Tech Manufacturing: 153 employer businesses here. Typical sale multiple: 4.0x - 7.5x EBITDA.
Wood & Furniture Manufacturing: 99 employer businesses here. Typical sale multiple: 2.5x - 3.8x SDE.
Textile & Apparel Manufacturing: 42 employer businesses here. Typical sale multiple: 2.5x - 3.8x SDE.
Construction Materials Manufacturing: 30 employer businesses here. Typical sale multiple: 2.5x - 5.0x EBITDA.
Home Services
987 related employer businesses in Hennepin County.
Property Management: 507 employer businesses here. Typical sale multiple: 3.0x - 4.5x SDE.
Residential Cleaning: 437 employer businesses here. Typical sale multiple: 1.5x - 2.6x SDE.
Commercial Cleaning: 437 employer businesses here. Typical sale multiple: 2.47x - 4.11x EBITDA.
Security Systems: 24 employer businesses here. Typical sale multiple: 3.0x - 4.9x EBITDA.
Pest Control: 19 employer businesses here. Typical sale multiple: 2.34x - 2.90x SDE.
Wholesale & Distribution
968 related employer businesses in Hennepin County.
Industrial & Construction Supply: 358 employer businesses here. Typical sale multiple: 3.0x - 4.0x SDE.
Electronics, IT & Office Equipment Distribution: 241 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE.
Food & Beverage Distribution: 190 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE.
Chemicals, Plastics & Raw Materials Distribution: 53 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA.
Packaging, Paper & JanSan Distribution: 47 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE.
Consumer Goods & Apparel Distribution: 46 employer businesses here. Typical sale multiple: 2.0x - 3.0x SDE + Inventory.
Medical, Dental & Pharmaceutical Distribution: 33 employer businesses here. Typical sale multiple: 3.5x - 4.5x EBITDA.
Beauty & Personal Care
862 related employer businesses in Hennepin County.
Hair Salons: 464 employer businesses here. Typical sale multiple: 1.25x - 2.34x SDE.
Nail Salons: 207 employer businesses here. Typical sale multiple: 1.4x - 1.88x SDE.
Day Spas: 160 employer businesses here. Typical sale multiple: 1.8x - 2.8x SDE.
Tattoo Shops: 160 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE.
Massage Parlors: 160 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE.
Barber Shops: 31 employer businesses here. Typical sale multiple: 1.5x - 2.25x SDE.
Automotive & Boat
833 related employer businesses in Hennepin County.
Auto Repair: 346 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE.
Auto Parts: 139 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE + Inventory.
Car Dealerships: 122 employer businesses here. Typical sale multiple: 2x - 8x Blue Sky + Assets.
Collision Repair: 111 employer businesses here. Typical sale multiple: 3.5x - 5.0x EBITDA.
Car Washes: 59 employer businesses here. Typical sale multiple: 4.5x - 7.0x EBITDA.
Towing & Repo: 25 employer businesses here. Typical sale multiple: 3.0x - 4.0x EBITDA + Fleet.
Marinas: 16 employer businesses here. Typical sale multiple: Cap Rate or 4.0x - 7.0x EBITDA.
Boat Dealerships: 15 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA.
Senior Care & Living
685 related employer businesses in Hennepin County.
Non-Medical Home Care: 455 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.
Assisted Living Facilities: 163 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA + Real Estate.
Senior Living Communities: 67 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA + Real Estate.
Pharmacies & Medical Supply
625 related employer businesses in Hennepin County.
Home Infusion: 410 employer businesses here. Typical sale multiple: 4.0x - 6.5x EBITDA.
Compounding Pharmacies: 101 employer businesses here. Typical sale multiple: 3.5x - 5.5x EBITDA.
Specialty Pharmacies: 101 employer businesses here. Typical sale multiple: 4.0x - 6.5x EBITDA.
Durable Medical Equipment (DME): 62 employer businesses here. Typical sale multiple: 3.0x - 5.0x EBITDA.
Medical Supply Retail: 52 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE + Inventory.
Logistics & Transportation
602 related employer businesses in Hennepin County.
General Freight Trucking: 307 employer businesses here. Typical sale multiple: 2.44x - 3.45x SDE.
Warehousing & Fulfillment: 88 employer businesses here. Typical sale multiple: 3.0x - 4.5x SDE.
Last-Mile & Courier: 83 employer businesses here. Typical sale multiple: 2.76x - 3.32x SDE.
Freight Brokerage & 3PL: 76 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.
Commercial Moving: 23 employer businesses here. Typical sale multiple: 1.5x - 3.0x SDE.
NEMT & Passenger Transport: 18 employer businesses here. Typical sale multiple: 2.1x - 3.1x SDE.
Heavy Haul Transport: 7 employer businesses here. Typical sale multiple: 3.5x - 4.5x SDE.
Education & Childcare
496 related employer businesses in Hennepin County.
Daycare Centers: 447 employer businesses here. Typical sale multiple: 2.39x - 3.35x SDE.
Tutoring Centers: 49 employer businesses here. Typical sale multiple: 2.0x - 3.5x SDE.
Health & Fitness
418 related employer businesses in Hennepin County.
Gyms & Health Clubs: 231 employer businesses here. Typical sale multiple: 2.44x - 2.93x SDE.
Yoga Studios: 231 employer businesses here. Typical sale multiple: 2.07x - 2.50x SDE.
Pilates Studios: 231 employer businesses here. Typical sale multiple: 2.10x - 3.00x SDE.
Personal Training Studios: 231 employer businesses here. Typical sale multiple: 2.00x - 2.80x SDE.
Wellness & Recovery Centers: 187 employer businesses here. Typical sale multiple: 5.5x - 9.7x EBITDA.
Hospitality & Travel
332 related employer businesses in Hennepin County.
Hotels: 183 employer businesses here. Typical sale multiple: 2.6x - 5.1x EBITDA.
Motels: 183 employer businesses here. Typical sale multiple: 1.1x - 2.5x SDE.
Transportation Services: 92 employer businesses here. Typical sale multiple: 2.0x - 4.1x SDE.
Travel Agencies: 57 employer businesses here. Typical sale multiple: 2.3x - 3.2x SDE.
Gas Stations & Convenience
310 related employer businesses in Hennepin County.
Gas Stations: 257 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA + Real Estate.
Convenience Stores: 53 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE + Inventory.
Entertainment & Recreation
260 related employer businesses in Hennepin County.
Outdoor Recreation: 118 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.
Bars & Pubs: 98 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.
Clubs & Lounges: 98 employer businesses here. Typical sale multiple: 3.0x - 6.0x EBITDA.
Golf Courses: 22 employer businesses here. Typical sale multiple: 8.0x - 11.0x EBITDA.
Arcades & FECs: 13 employer businesses here. Typical sale multiple: 2.1x - 3.6x SDE.
Bowling Alleys: 9 employer businesses here. Typical sale multiple: 3.0x - 5.0x EBITDA.
Pet Services
143 related employer businesses in Hennepin County.
Pet Grooming & Spas: 103 employer businesses here. Typical sale multiple: 2.0x - 3.0x SDE.
Boarding, Daycare & Training: 103 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA.
Pet Retail & Specialty Supplies: 40 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE + Inventory.
Energy & Utilities
86 related employer businesses in Hennepin County.
Waste Management & Recycling: 49 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA + Assets.
Water & Wastewater Services: 26 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA.
Propane & Fuel Distribution: 7 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA + Assets.
Solar & Renewable Energy: 4 employer businesses here. Typical sale multiple: 3.5x - 6.0x EBITDA.
We sell businesses in every one of these industries in Hennepin 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.
Financial & Professional Services
3,418 related employer businesses in Hennepin County.
Real Estate Brokerages: 1,119 employer businesses here. Typical sale multiple: 2.5x - 4.5x SDE.
Wealth Management: 730 employer businesses here. Typical sale multiple: 2.7x - 4.0x Recurring Revenue.
Insurance Agencies: 729 employer businesses here. Typical sale multiple: 6.0x - 8.0x EBITDA.
Accounting & Tax Practices: 619 employer businesses here. Typical sale multiple: 2.0x - 3.5x SDE.
Private Lending: 181 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.
Mortgage Brokerages: 40 employer businesses here. Typical sale multiple: 2.0x - 3.5x SDE.
Construction & Engineering
3,271 related employer businesses in Hennepin County.
General Contracting: 1,042 employer businesses here. Typical sale multiple: 3.0x - 4.5x SDE.
Interior Finishing: 592 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.
Landscaping: 467 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.
Civil Engineering: 284 employer businesses here. Typical sale multiple: 7.0x - 11.0x EBITDA.
Plumbing: 242 employer businesses here. Typical sale multiple: 3.5x - 5.0x SDE.
HVAC Services: 242 employer businesses here. Typical sale multiple: 4.6x - 7.0x EBITDA.
Electrical: 201 employer businesses here. Typical sale multiple: 4.0x - 8.0x EBITDA.
Roofing & Siding: 200 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.
Foundation & Site Prep: 111 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Fleet.
Masonry: 59 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Equipment.
Carpentry & Framing: 46 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.
Remediation & Restoration: 27 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA.
Restaurants & Food
2,781 related employer businesses in Hennepin County.
Quick-Service & Fast Food: 1,069 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE.
Full-Service Restaurants: 948 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE.
Coffee Shops: 348 employer businesses here. Typical sale multiple: 2.0x - 3.0x SDE.
Grocery Stores & Markets: 221 employer businesses here. Typical sale multiple: 2.0x - 3.0x SDE + Inventory.
Liquor, Wine & Beer Stores: 156 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE + Inventory.
Bakeries: 39 employer businesses here. Typical sale multiple: 2.0x - 3.0x SDE.
Medical Practices
2,387 related employer businesses in Hennepin County.
Primary & Family Care: 537 employer businesses here. Typical sale multiple: 2.2x - 3.2x SDE.
Mental & Behavioral Health: 474 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.
Dental Practices: 472 employer businesses here. Typical sale multiple: 3.5x - 5.5x EBITDA.
Home Health & Hospice: 410 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA.
Physical Therapy & Rehab: 166 employer businesses here. Typical sale multiple: 3.5x - 5.0x EBITDA.
Veterinary Medicine: 125 employer businesses here. Typical sale multiple: 6.0x - 9.0x EBITDA.
Vision & Eye Care: 68 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE.
Specialty Medicine: 59 employer businesses here. Typical sale multiple: 5.0x - 7.0x EBITDA.
Medical Labs & Imaging: 55 employer businesses here. Typical sale multiple: 4.5x - 6.5x EBITDA.
Urgent Care Clinics: 21 employer businesses here. Typical sale multiple: 4.0x - 6.0x EBITDA.
Retail Stores
1,694 related employer businesses in Hennepin County.
Fashion, Apparel & Jewelry: 616 employer businesses here. Typical sale multiple: 2.0x - 3.5x SDE + Inventory.
Health, Beauty & Pharmacy: 326 employer businesses here. Typical sale multiple: 2.8x - 4.2x EBITDA.
Home Decor & Furniture: 214 employer businesses here. Typical sale multiple: 2.2x - 3.2x SDE + Inventory.
Hardware, Garden & Building: 207 employer businesses here. Typical sale multiple: 2.5x - 3.8x SDE + Inventory.
Hobby, Toys & Gift Shops: 118 employer businesses here. Typical sale multiple: 1.8x - 2.8x SDE + Inventory.
Sporting Goods & Firearms: 112 employer businesses here. Typical sale multiple: 2.3x - 3.4x SDE.
Electronics & Repair: 101 employer businesses here. Typical sale multiple: 2.0x - 3.0x SDE.
Technology & Media
1,220 related employer businesses in Hennepin County.
Digital Marketing Agencies: 382 employer businesses here. Typical sale multiple: 2.0x - 3.5x SDE.
Creative Agencies: 347 employer businesses here. Typical sale multiple: 1.8x - 3.0x SDE.
Media, Film & Studio Production: 179 employer businesses here. Typical sale multiple: 2.2x - 3.5x SDE.
Real Estate Media: 165 employer businesses here. Typical sale multiple: 1.5x - 2.8x SDE.
Software Companies (SaaS): 147 employer businesses here. Typical sale multiple: 3.5x - 5.5x SDE.
Manufacturing
1,139 related employer businesses in Hennepin County.
Metal Fabrication: 234 employer businesses here. Typical sale multiple: 3.2x - 4.2x SDE.
Printing & Plastics: 229 employer businesses here. Typical sale multiple: 2.9x - 4.9x SDE.
Food & Beverage Manufacturing: 176 employer businesses here. Typical sale multiple: 3.1x - 4.5x SDE.
Medical & Chemical Manufacturing: 176 employer businesses here. Typical sale multiple: 4.5x - 8.0x EBITDA.
Electronics & Tech Manufacturing: 153 employer businesses here. Typical sale multiple: 4.0x - 7.5x EBITDA.
Wood & Furniture Manufacturing: 99 employer businesses here. Typical sale multiple: 2.5x - 3.8x SDE.
Textile & Apparel Manufacturing: 42 employer businesses here. Typical sale multiple: 2.5x - 3.8x SDE.
Construction Materials Manufacturing: 30 employer businesses here. Typical sale multiple: 2.5x - 5.0x EBITDA.
Home Services
987 related employer businesses in Hennepin County.
Property Management: 507 employer businesses here. Typical sale multiple: 3.0x - 4.5x SDE.
Residential Cleaning: 437 employer businesses here. Typical sale multiple: 1.5x - 2.6x SDE.
Commercial Cleaning: 437 employer businesses here. Typical sale multiple: 2.47x - 4.11x EBITDA.
Security Systems: 24 employer businesses here. Typical sale multiple: 3.0x - 4.9x EBITDA.
Pest Control: 19 employer businesses here. Typical sale multiple: 2.34x - 2.90x SDE.
Wholesale & Distribution
968 related employer businesses in Hennepin County.
Industrial & Construction Supply: 358 employer businesses here. Typical sale multiple: 3.0x - 4.0x SDE.
Electronics, IT & Office Equipment Distribution: 241 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE.
Food & Beverage Distribution: 190 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE.
Chemicals, Plastics & Raw Materials Distribution: 53 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA.
Packaging, Paper & JanSan Distribution: 47 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE.
Consumer Goods & Apparel Distribution: 46 employer businesses here. Typical sale multiple: 2.0x - 3.0x SDE + Inventory.
Medical, Dental & Pharmaceutical Distribution: 33 employer businesses here. Typical sale multiple: 3.5x - 4.5x EBITDA.
Beauty & Personal Care
862 related employer businesses in Hennepin County.
Hair Salons: 464 employer businesses here. Typical sale multiple: 1.25x - 2.34x SDE.
Nail Salons: 207 employer businesses here. Typical sale multiple: 1.4x - 1.88x SDE.
Day Spas: 160 employer businesses here. Typical sale multiple: 1.8x - 2.8x SDE.
Tattoo Shops: 160 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE.
Massage Parlors: 160 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE.
Barber Shops: 31 employer businesses here. Typical sale multiple: 1.5x - 2.25x SDE.
Automotive & Boat
833 related employer businesses in Hennepin County.
Auto Repair: 346 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE.
Auto Parts: 139 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE + Inventory.
Car Dealerships: 122 employer businesses here. Typical sale multiple: 2x - 8x Blue Sky + Assets.
Collision Repair: 111 employer businesses here. Typical sale multiple: 3.5x - 5.0x EBITDA.
Car Washes: 59 employer businesses here. Typical sale multiple: 4.5x - 7.0x EBITDA.
Towing & Repo: 25 employer businesses here. Typical sale multiple: 3.0x - 4.0x EBITDA + Fleet.
Marinas: 16 employer businesses here. Typical sale multiple: Cap Rate or 4.0x - 7.0x EBITDA.
Boat Dealerships: 15 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA.
Senior Care & Living
685 related employer businesses in Hennepin County.
Non-Medical Home Care: 455 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.
Assisted Living Facilities: 163 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA + Real Estate.
Senior Living Communities: 67 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA + Real Estate.
Pharmacies & Medical Supply
625 related employer businesses in Hennepin County.
Home Infusion: 410 employer businesses here. Typical sale multiple: 4.0x - 6.5x EBITDA.
Compounding Pharmacies: 101 employer businesses here. Typical sale multiple: 3.5x - 5.5x EBITDA.
Specialty Pharmacies: 101 employer businesses here. Typical sale multiple: 4.0x - 6.5x EBITDA.
Durable Medical Equipment (DME): 62 employer businesses here. Typical sale multiple: 3.0x - 5.0x EBITDA.
Medical Supply Retail: 52 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE + Inventory.
Logistics & Transportation
602 related employer businesses in Hennepin County.
General Freight Trucking: 307 employer businesses here. Typical sale multiple: 2.44x - 3.45x SDE.
Warehousing & Fulfillment: 88 employer businesses here. Typical sale multiple: 3.0x - 4.5x SDE.
Last-Mile & Courier: 83 employer businesses here. Typical sale multiple: 2.76x - 3.32x SDE.
Freight Brokerage & 3PL: 76 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.
Commercial Moving: 23 employer businesses here. Typical sale multiple: 1.5x - 3.0x SDE.
NEMT & Passenger Transport: 18 employer businesses here. Typical sale multiple: 2.1x - 3.1x SDE.
Heavy Haul Transport: 7 employer businesses here. Typical sale multiple: 3.5x - 4.5x SDE.
Education & Childcare
496 related employer businesses in Hennepin County.
Daycare Centers: 447 employer businesses here. Typical sale multiple: 2.39x - 3.35x SDE.
Tutoring Centers: 49 employer businesses here. Typical sale multiple: 2.0x - 3.5x SDE.
Health & Fitness
418 related employer businesses in Hennepin County.
Gyms & Health Clubs: 231 employer businesses here. Typical sale multiple: 2.44x - 2.93x SDE.
Yoga Studios: 231 employer businesses here. Typical sale multiple: 2.07x - 2.50x SDE.
Pilates Studios: 231 employer businesses here. Typical sale multiple: 2.10x - 3.00x SDE.
Personal Training Studios: 231 employer businesses here. Typical sale multiple: 2.00x - 2.80x SDE.
Wellness & Recovery Centers: 187 employer businesses here. Typical sale multiple: 5.5x - 9.7x EBITDA.
Hospitality & Travel
332 related employer businesses in Hennepin County.
Hotels: 183 employer businesses here. Typical sale multiple: 2.6x - 5.1x EBITDA.
Motels: 183 employer businesses here. Typical sale multiple: 1.1x - 2.5x SDE.
Transportation Services: 92 employer businesses here. Typical sale multiple: 2.0x - 4.1x SDE.
Travel Agencies: 57 employer businesses here. Typical sale multiple: 2.3x - 3.2x SDE.
Gas Stations & Convenience
310 related employer businesses in Hennepin County.
Gas Stations: 257 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA + Real Estate.
Convenience Stores: 53 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE + Inventory.
Entertainment & Recreation
260 related employer businesses in Hennepin County.
Outdoor Recreation: 118 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.
Bars & Pubs: 98 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.
Clubs & Lounges: 98 employer businesses here. Typical sale multiple: 3.0x - 6.0x EBITDA.
Golf Courses: 22 employer businesses here. Typical sale multiple: 8.0x - 11.0x EBITDA.
Arcades & FECs: 13 employer businesses here. Typical sale multiple: 2.1x - 3.6x SDE.
Bowling Alleys: 9 employer businesses here. Typical sale multiple: 3.0x - 5.0x EBITDA.
Pet Services
143 related employer businesses in Hennepin County.
Pet Grooming & Spas: 103 employer businesses here. Typical sale multiple: 2.0x - 3.0x SDE.
Boarding, Daycare & Training: 103 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA.
Pet Retail & Specialty Supplies: 40 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE + Inventory.
Energy & Utilities
86 related employer businesses in Hennepin County.
Waste Management & Recycling: 49 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA + Assets.
Water & Wastewater Services: 26 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA.
Propane & Fuel Distribution: 7 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA + Assets.
Solar & Renewable Energy: 4 employer businesses here. Typical sale multiple: 3.5x - 6.0x EBITDA.
Working with owners in Hennepin County
Business Advisors of America works with owners who are selling a business in Hennepin County. Contact us to talk about a sale.
FREQUENTLY ASKED QUESTIONS
Questions owners in Hennepin County ask
How long does it take to sell a business in Hennepin 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 Hennepin 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 Hennepin 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