Selling a Business in Itasca County
Itasca County has 1,175 employer businesses, and 88% 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
Itasca County by the numbers
1,175
1,175
EMPLOYER BUSINESSES
88%
88%
SMALL EMPLOYER SHARE
3,168
3,168
BUSINESSES WITH NO EMPLOYEES
13,380
13,380
EMPLOYMENT
$691 million
$691 million
ANNUAL PAYROLL
517
517
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 Itasca County compares
Itasca County ranks 23rd of 87 Minnesota counties and county equivalents for employer businesses.
The number of employer businesses grew 1.6% between 2018 and 2023.
Retail makes up 15% of employer businesses in Itasca County, compared with 11% in Minnesota.
517 employer businesses here have 5 to 49 employees.
Itasca County ranks 23rd of 87 Minnesota counties and county equivalents for employer businesses.
The number of employer businesses grew 1.6% between 2018 and 2023.
Retail makes up 15% of employer businesses in Itasca County, compared with 11% in Minnesota.
517 employer businesses here have 5 to 49 employees.
Industry mix
The largest industries by number of employer businesses:
Retail: 177 employer businesses
Health care and social assistance: 168 employer businesses
Construction: 162 employer businesses
Repair, personal care and other services: 119 employer businesses
Accommodation and food service: 111 employer businesses
The largest industries by number of employer businesses:
Retail: 177 employer businesses
Health care and social assistance: 168 employer businesses
Construction: 162 employer businesses
Repair, personal care and other services: 119 employer businesses
Accommodation and food service: 111 employer businesses
INDUSTRIES
What sells in Itasca County
Retail, health care and social assistance, construction, repair, personal care and other services
Every kind of business we sell in Itasca County
We sell businesses in every one of these industries in Itasca 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
160 related employer businesses in Itasca County.
General Contracting: 47 employer businesses here. Typical sale multiple: 3.0x - 4.5x SDE.
Foundation & Site Prep: 36 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Fleet.
Plumbing: 17 employer businesses here. Typical sale multiple: 3.5x - 5.0x SDE.
HVAC Services: 17 employer businesses here. Typical sale multiple: 4.6x - 7.0x EBITDA.
Electrical: 16 employer businesses here. Typical sale multiple: 4.0x - 8.0x EBITDA.
Landscaping: 15 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.
Interior Finishing: 14 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.
Civil Engineering: 10 employer businesses here. Typical sale multiple: 7.0x - 11.0x EBITDA.
Carpentry & Framing: 5 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.
Restaurants & Food
85 related employer businesses in Itasca County.
Full-Service Restaurants: 34 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE.
Quick-Service & Fast Food: 20 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE.
Liquor, Wine & Beer Stores: 12 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE + Inventory.
Grocery Stores & Markets: 12 employer businesses here. Typical sale multiple: 2.0x - 3.0x SDE + Inventory.
Coffee Shops: 7 employer businesses here. Typical sale multiple: 2.0x - 3.0x SDE.
Financial & Professional Services
67 related employer businesses in Itasca County.
Accounting & Tax Practices: 21 employer businesses here. Typical sale multiple: 2.0x - 3.5x SDE.
Insurance Agencies: 18 employer businesses here. Typical sale multiple: 6.0x - 8.0x EBITDA.
Real Estate Brokerages: 15 employer businesses here. Typical sale multiple: 2.5x - 4.5x SDE.
Wealth Management: 13 employer businesses here. Typical sale multiple: 2.7x - 4.0x Recurring Revenue.
Medical Practices
64 related employer businesses in Itasca County.
Dental Practices: 25 employer businesses here. Typical sale multiple: 3.5x - 5.5x EBITDA.
Mental & Behavioral Health: 10 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.
Primary & Family Care: 9 employer businesses here. Typical sale multiple: 2.2x - 3.2x SDE.
Home Health & Hospice: 8 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA.
Veterinary Medicine: 5 employer businesses here. Typical sale multiple: 6.0x - 9.0x EBITDA.
Vision & Eye Care: 4 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE.
Physical Therapy & Rehab: 3 employer businesses here. Typical sale multiple: 3.5x - 5.0x EBITDA.
Retail Stores
53 related employer businesses in Itasca County.
Hardware, Garden & Building: 18 employer businesses here. Typical sale multiple: 2.5x - 3.8x SDE + Inventory.
Health, Beauty & Pharmacy: 11 employer businesses here. Typical sale multiple: 2.8x - 4.2x EBITDA.
Fashion, Apparel & Jewelry: 9 employer businesses here. Typical sale multiple: 2.0x - 3.5x SDE + Inventory.
Home Decor & Furniture: 9 employer businesses here. Typical sale multiple: 2.2x - 3.2x SDE + Inventory.
Sporting Goods & Firearms: 6 employer businesses here. Typical sale multiple: 2.3x - 3.4x SDE.
Automotive & Boat
34 related employer businesses in Itasca County.
Auto Repair: 15 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE.
Auto Parts: 11 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.
Boat Dealerships: 3 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA.
Gas Stations & Convenience
34 related employer businesses in Itasca County.
Gas Stations: 31 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
21 related employer businesses in Itasca County.
Bars & Pubs: 12 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.
Clubs & Lounges: 12 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.
Golf Courses: 3 employer businesses here. Typical sale multiple: 8.0x - 11.0x EBITDA.
Pharmacies & Medical Supply
21 related employer businesses in Itasca County.
Home Infusion: 8 employer businesses here. Typical sale multiple: 4.0x - 6.5x EBITDA.
Compounding Pharmacies: 5 employer businesses here. Typical sale multiple: 3.5x - 5.5x EBITDA.
Specialty Pharmacies: 5 employer businesses here. Typical sale multiple: 4.0x - 6.5x EBITDA.
Medical Supply Retail: 5 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE + Inventory.
Durable Medical Equipment (DME): 3 employer businesses here. Typical sale multiple: 3.0x - 5.0x EBITDA.
Logistics & Transportation
20 related employer businesses in Itasca County.
General Freight Trucking: 20 employer businesses here. Typical sale multiple: 2.44x - 3.45x SDE.
Manufacturing
20 related employer businesses in Itasca County.
Metal Fabrication: 5 employer businesses here. Typical sale multiple: 3.2x - 4.2x SDE.
Printing & Plastics: 5 employer businesses here. Typical sale multiple: 2.9x - 4.9x SDE.
Wood & Furniture Manufacturing: 4 employer businesses here. Typical sale multiple: 2.5x - 3.8x SDE.
Food & Beverage Manufacturing: 3 employer businesses here. Typical sale multiple: 3.1x - 4.5x SDE.
Construction Materials Manufacturing: 3 employer businesses here. Typical sale multiple: 2.5x - 5.0x EBITDA.
Wholesale & Distribution
18 related employer businesses in Itasca County.
Industrial & Construction Supply: 14 employer businesses here. Typical sale multiple: 3.0x - 4.0x SDE.
Electronics, IT & Office Equipment Distribution: 4 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE.
Hospitality & Travel
17 related employer businesses in Itasca County.
Hotels: 13 employer businesses here. Typical sale multiple: 2.6x - 5.1x EBITDA.
Motels: 13 employer businesses here. Typical sale multiple: 1.1x - 2.5x SDE.
Transportation Services: 4 employer businesses here. Typical sale multiple: 2.0x - 4.1x SDE.
Home Services
13 related employer businesses in Itasca County.
Residential Cleaning: 9 employer businesses here. Typical sale multiple: 1.5x - 2.6x SDE.
Commercial Cleaning: 9 employer businesses here. Typical sale multiple: 2.47x - 4.11x EBITDA.
Property Management: 4 employer businesses here. Typical sale multiple: 3.0x - 4.5x SDE.
Senior Care & Living
12 related employer businesses in Itasca County.
Assisted Living Facilities: 8 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA + Real Estate.
Senior Living Communities: 4 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA + Real Estate.
Education & Childcare
11 related employer businesses in Itasca County.
Daycare Centers: 11 employer businesses here. Typical sale multiple: 2.39x - 3.35x SDE.
Energy & Utilities
11 related employer businesses in Itasca County.
Propane & Fuel Distribution: 8 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA + Assets.
Waste Management & Recycling: 3 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA + Assets.
Beauty & Personal Care
9 related employer businesses in Itasca County.
Hair Salons: 9 employer businesses here. Typical sale multiple: 1.25x - 2.34x SDE.
Health & Fitness
9 related employer businesses in Itasca County.
Wellness & Recovery Centers: 9 employer businesses here. Typical sale multiple: 5.5x - 9.7x EBITDA.
Pet Services
3 related employer businesses in Itasca County.
Pet Grooming & Spas: 3 employer businesses here. Typical sale multiple: 2.0x - 3.0x SDE.
Boarding, Daycare & Training: 3 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA.
Technology & Media
3 related employer businesses in Itasca County.
Real Estate Media: 3 employer businesses here. Typical sale multiple: 1.5x - 2.8x SDE.
We sell businesses in every one of these industries in Itasca 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
160 related employer businesses in Itasca County.
General Contracting: 47 employer businesses here. Typical sale multiple: 3.0x - 4.5x SDE.
Foundation & Site Prep: 36 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Fleet.
Plumbing: 17 employer businesses here. Typical sale multiple: 3.5x - 5.0x SDE.
HVAC Services: 17 employer businesses here. Typical sale multiple: 4.6x - 7.0x EBITDA.
Electrical: 16 employer businesses here. Typical sale multiple: 4.0x - 8.0x EBITDA.
Landscaping: 15 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.
Interior Finishing: 14 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.
Civil Engineering: 10 employer businesses here. Typical sale multiple: 7.0x - 11.0x EBITDA.
Carpentry & Framing: 5 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.
Restaurants & Food
85 related employer businesses in Itasca County.
Full-Service Restaurants: 34 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE.
Quick-Service & Fast Food: 20 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE.
Liquor, Wine & Beer Stores: 12 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE + Inventory.
Grocery Stores & Markets: 12 employer businesses here. Typical sale multiple: 2.0x - 3.0x SDE + Inventory.
Coffee Shops: 7 employer businesses here. Typical sale multiple: 2.0x - 3.0x SDE.
Financial & Professional Services
67 related employer businesses in Itasca County.
Accounting & Tax Practices: 21 employer businesses here. Typical sale multiple: 2.0x - 3.5x SDE.
Insurance Agencies: 18 employer businesses here. Typical sale multiple: 6.0x - 8.0x EBITDA.
Real Estate Brokerages: 15 employer businesses here. Typical sale multiple: 2.5x - 4.5x SDE.
Wealth Management: 13 employer businesses here. Typical sale multiple: 2.7x - 4.0x Recurring Revenue.
Medical Practices
64 related employer businesses in Itasca County.
Dental Practices: 25 employer businesses here. Typical sale multiple: 3.5x - 5.5x EBITDA.
Mental & Behavioral Health: 10 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.
Primary & Family Care: 9 employer businesses here. Typical sale multiple: 2.2x - 3.2x SDE.
Home Health & Hospice: 8 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA.
Veterinary Medicine: 5 employer businesses here. Typical sale multiple: 6.0x - 9.0x EBITDA.
Vision & Eye Care: 4 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE.
Physical Therapy & Rehab: 3 employer businesses here. Typical sale multiple: 3.5x - 5.0x EBITDA.
Retail Stores
53 related employer businesses in Itasca County.
Hardware, Garden & Building: 18 employer businesses here. Typical sale multiple: 2.5x - 3.8x SDE + Inventory.
Health, Beauty & Pharmacy: 11 employer businesses here. Typical sale multiple: 2.8x - 4.2x EBITDA.
Fashion, Apparel & Jewelry: 9 employer businesses here. Typical sale multiple: 2.0x - 3.5x SDE + Inventory.
Home Decor & Furniture: 9 employer businesses here. Typical sale multiple: 2.2x - 3.2x SDE + Inventory.
Sporting Goods & Firearms: 6 employer businesses here. Typical sale multiple: 2.3x - 3.4x SDE.
Automotive & Boat
34 related employer businesses in Itasca County.
Auto Repair: 15 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE.
Auto Parts: 11 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.
Boat Dealerships: 3 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA.
Gas Stations & Convenience
34 related employer businesses in Itasca County.
Gas Stations: 31 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
21 related employer businesses in Itasca County.
Bars & Pubs: 12 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.
Clubs & Lounges: 12 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.
Golf Courses: 3 employer businesses here. Typical sale multiple: 8.0x - 11.0x EBITDA.
Pharmacies & Medical Supply
21 related employer businesses in Itasca County.
Home Infusion: 8 employer businesses here. Typical sale multiple: 4.0x - 6.5x EBITDA.
Compounding Pharmacies: 5 employer businesses here. Typical sale multiple: 3.5x - 5.5x EBITDA.
Specialty Pharmacies: 5 employer businesses here. Typical sale multiple: 4.0x - 6.5x EBITDA.
Medical Supply Retail: 5 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE + Inventory.
Durable Medical Equipment (DME): 3 employer businesses here. Typical sale multiple: 3.0x - 5.0x EBITDA.
Logistics & Transportation
20 related employer businesses in Itasca County.
General Freight Trucking: 20 employer businesses here. Typical sale multiple: 2.44x - 3.45x SDE.
Manufacturing
20 related employer businesses in Itasca County.
Metal Fabrication: 5 employer businesses here. Typical sale multiple: 3.2x - 4.2x SDE.
Printing & Plastics: 5 employer businesses here. Typical sale multiple: 2.9x - 4.9x SDE.
Wood & Furniture Manufacturing: 4 employer businesses here. Typical sale multiple: 2.5x - 3.8x SDE.
Food & Beverage Manufacturing: 3 employer businesses here. Typical sale multiple: 3.1x - 4.5x SDE.
Construction Materials Manufacturing: 3 employer businesses here. Typical sale multiple: 2.5x - 5.0x EBITDA.
Wholesale & Distribution
18 related employer businesses in Itasca County.
Industrial & Construction Supply: 14 employer businesses here. Typical sale multiple: 3.0x - 4.0x SDE.
Electronics, IT & Office Equipment Distribution: 4 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE.
Hospitality & Travel
17 related employer businesses in Itasca County.
Hotels: 13 employer businesses here. Typical sale multiple: 2.6x - 5.1x EBITDA.
Motels: 13 employer businesses here. Typical sale multiple: 1.1x - 2.5x SDE.
Transportation Services: 4 employer businesses here. Typical sale multiple: 2.0x - 4.1x SDE.
Home Services
13 related employer businesses in Itasca County.
Residential Cleaning: 9 employer businesses here. Typical sale multiple: 1.5x - 2.6x SDE.
Commercial Cleaning: 9 employer businesses here. Typical sale multiple: 2.47x - 4.11x EBITDA.
Property Management: 4 employer businesses here. Typical sale multiple: 3.0x - 4.5x SDE.
Senior Care & Living
12 related employer businesses in Itasca County.
Assisted Living Facilities: 8 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA + Real Estate.
Senior Living Communities: 4 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA + Real Estate.
Education & Childcare
11 related employer businesses in Itasca County.
Daycare Centers: 11 employer businesses here. Typical sale multiple: 2.39x - 3.35x SDE.
Energy & Utilities
11 related employer businesses in Itasca County.
Propane & Fuel Distribution: 8 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA + Assets.
Waste Management & Recycling: 3 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA + Assets.
Beauty & Personal Care
9 related employer businesses in Itasca County.
Hair Salons: 9 employer businesses here. Typical sale multiple: 1.25x - 2.34x SDE.
Health & Fitness
9 related employer businesses in Itasca County.
Wellness & Recovery Centers: 9 employer businesses here. Typical sale multiple: 5.5x - 9.7x EBITDA.
Pet Services
3 related employer businesses in Itasca County.
Pet Grooming & Spas: 3 employer businesses here. Typical sale multiple: 2.0x - 3.0x SDE.
Boarding, Daycare & Training: 3 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA.
Technology & Media
3 related employer businesses in Itasca County.
Real Estate Media: 3 employer businesses here. Typical sale multiple: 1.5x - 2.8x SDE.
Working with owners in Itasca County
Business Advisors of America works with owners who are selling a business in Itasca County. Contact us to talk about a sale.
FREQUENTLY ASKED QUESTIONS
Questions owners in Itasca County ask
How long does it take to sell a business in Itasca 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 Itasca 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 Itasca 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