Selling a Business in Lawrence County

Lawrence County has 788 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.

LOCAL SNAPSHOT

Lawrence County by the numbers

788

788

EMPLOYER BUSINESSES

87%

87%

SMALL EMPLOYER SHARE

3,390

3,390

BUSINESSES WITH NO EMPLOYEES

9,681

9,681

EMPLOYMENT

$401 million

$401 million

ANNUAL PAYROLL

342

342

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 Lawrence County compares

  • Lawrence County ranks 29th of 95 Tennessee counties and county equivalents for employer businesses.

  • The number of employer businesses grew 6.8% between 2018 and 2023.

  • Manufacturing makes up 7% of employer businesses in Lawrence County, compared with 4% in Tennessee.

  • 342 employer businesses here have 5 to 49 employees.

  • Lawrence County ranks 29th of 95 Tennessee counties and county equivalents for employer businesses.

  • The number of employer businesses grew 6.8% between 2018 and 2023.

  • Manufacturing makes up 7% of employer businesses in Lawrence County, compared with 4% in Tennessee.

  • 342 employer businesses here have 5 to 49 employees.

Industry mix

The largest industries by number of employer businesses:

  • Retail: 170 employer businesses

  • Repair, personal care and other services: 93 employer businesses

  • Health care and social assistance: 91 employer businesses

  • Accommodation and food service: 65 employer businesses

  • Manufacturing: 57 employer businesses

The largest industries by number of employer businesses:

  • Retail: 170 employer businesses

  • Repair, personal care and other services: 93 employer businesses

  • Health care and social assistance: 91 employer businesses

  • Accommodation and food service: 65 employer businesses

  • Manufacturing: 57 employer businesses

INDUSTRIES

What sells in Lawrence County

Retail, repair, personal care and other services, health care and social assistance, accommodation and food service

Every kind of business we sell in Lawrence County

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

Restaurants & Food

68 related employer businesses in Lawrence County.

Construction & Engineering

50 related employer businesses in Lawrence County.

  • General Contracting: 9 employer businesses here. Typical sale multiple: 3.0x - 4.5x SDE.

  • Plumbing: 9 employer businesses here. Typical sale multiple: 3.5x - 5.0x SDE.

  • Foundation & Site Prep: 9 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Fleet.

  • HVAC Services: 9 employer businesses here. Typical sale multiple: 4.6x - 7.0x EBITDA.

  • Landscaping: 7 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.

  • Electrical: 7 employer businesses here. Typical sale multiple: 4.0x - 8.0x EBITDA.

  • Interior Finishing: 6 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.

  • Masonry: 3 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Equipment.

Medical Practices

46 related employer businesses in Lawrence County.

Retail Stores

41 related employer businesses in Lawrence County.

Automotive & Boat

40 related employer businesses in Lawrence County.

  • Car Dealerships: 13 employer businesses here. Typical sale multiple: 2x - 8x Blue Sky + Assets.

  • Auto Repair: 12 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE.

  • Auto Parts: 12 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE + Inventory.

  • Collision Repair: 3 employer businesses here. Typical sale multiple: 3.5x - 5.0x EBITDA.

Gas Stations & Convenience

40 related employer businesses in Lawrence County.

  • Gas Stations: 35 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA + Real Estate.

  • Convenience Stores: 5 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE + Inventory.

Financial & Professional Services

38 related employer businesses in Lawrence County.

Logistics & Transportation

33 related employer businesses in Lawrence County.

Manufacturing

31 related employer businesses in Lawrence County.

Education & Childcare

11 related employer businesses in Lawrence County.

  • Daycare Centers: 11 employer businesses here. Typical sale multiple: 2.39x - 3.35x SDE.

Wholesale & Distribution

11 related employer businesses in Lawrence County.

Pharmacies & Medical Supply

10 related employer businesses in Lawrence County.

Beauty & Personal Care

7 related employer businesses in Lawrence County.

  • Hair Salons: 4 employer businesses here. Typical sale multiple: 1.25x - 2.34x SDE.

  • Day Spas: 3 employer businesses here. Typical sale multiple: 1.8x - 2.8x SDE.

  • Tattoo Shops: 3 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE.

  • Massage Parlors: 3 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE.

Hospitality & Travel

7 related employer businesses in Lawrence County.

  • Hotels: 7 employer businesses here. Typical sale multiple: 2.6x - 5.1x EBITDA.

  • Motels: 7 employer businesses here. Typical sale multiple: 1.1x - 2.5x SDE.

Senior Care & Living

6 related employer businesses in Lawrence County.

Entertainment & Recreation

4 related employer businesses in Lawrence County.

Energy & Utilities

3 related employer businesses in Lawrence County.

Health & Fitness

3 related employer businesses in Lawrence County.

Home Services

3 related employer businesses in Lawrence County.

Pet Services

3 related employer businesses in Lawrence County.

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

Restaurants & Food

68 related employer businesses in Lawrence County.

Construction & Engineering

50 related employer businesses in Lawrence County.

  • General Contracting: 9 employer businesses here. Typical sale multiple: 3.0x - 4.5x SDE.

  • Plumbing: 9 employer businesses here. Typical sale multiple: 3.5x - 5.0x SDE.

  • Foundation & Site Prep: 9 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Fleet.

  • HVAC Services: 9 employer businesses here. Typical sale multiple: 4.6x - 7.0x EBITDA.

  • Landscaping: 7 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.

  • Electrical: 7 employer businesses here. Typical sale multiple: 4.0x - 8.0x EBITDA.

  • Interior Finishing: 6 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.

  • Masonry: 3 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Equipment.

Medical Practices

46 related employer businesses in Lawrence County.

Retail Stores

41 related employer businesses in Lawrence County.

Automotive & Boat

40 related employer businesses in Lawrence County.

  • Car Dealerships: 13 employer businesses here. Typical sale multiple: 2x - 8x Blue Sky + Assets.

  • Auto Repair: 12 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE.

  • Auto Parts: 12 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE + Inventory.

  • Collision Repair: 3 employer businesses here. Typical sale multiple: 3.5x - 5.0x EBITDA.

Gas Stations & Convenience

40 related employer businesses in Lawrence County.

  • Gas Stations: 35 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA + Real Estate.

  • Convenience Stores: 5 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE + Inventory.

Financial & Professional Services

38 related employer businesses in Lawrence County.

Logistics & Transportation

33 related employer businesses in Lawrence County.

Manufacturing

31 related employer businesses in Lawrence County.

Education & Childcare

11 related employer businesses in Lawrence County.

  • Daycare Centers: 11 employer businesses here. Typical sale multiple: 2.39x - 3.35x SDE.

Wholesale & Distribution

11 related employer businesses in Lawrence County.

Pharmacies & Medical Supply

10 related employer businesses in Lawrence County.

Beauty & Personal Care

7 related employer businesses in Lawrence County.

  • Hair Salons: 4 employer businesses here. Typical sale multiple: 1.25x - 2.34x SDE.

  • Day Spas: 3 employer businesses here. Typical sale multiple: 1.8x - 2.8x SDE.

  • Tattoo Shops: 3 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE.

  • Massage Parlors: 3 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE.

Hospitality & Travel

7 related employer businesses in Lawrence County.

  • Hotels: 7 employer businesses here. Typical sale multiple: 2.6x - 5.1x EBITDA.

  • Motels: 7 employer businesses here. Typical sale multiple: 1.1x - 2.5x SDE.

Senior Care & Living

6 related employer businesses in Lawrence County.

Entertainment & Recreation

4 related employer businesses in Lawrence County.

Energy & Utilities

3 related employer businesses in Lawrence County.

Health & Fitness

3 related employer businesses in Lawrence County.

Home Services

3 related employer businesses in Lawrence County.

Pet Services

3 related employer businesses in Lawrence County.

Working with owners in Lawrence County

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

FREQUENTLY ASKED QUESTIONS

Questions owners in Lawrence County ask

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