Selling a Business in Madison County

Madison County has 1,808 employer businesses, and 85% of them have fewer than 20 employees. This page shows the local mix of industries and how a sale is handled here.

LOCAL SNAPSHOT

Madison County by the numbers

1,808

1,808

EMPLOYER BUSINESSES

85%

85%

SMALL EMPLOYER SHARE

7,014

7,014

BUSINESSES WITH NO EMPLOYEES

25,781

25,781

EMPLOYMENT

$1.2 billion

$1.2 billion

ANNUAL PAYROLL

754

754

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 Madison County compares

  • Madison County ranks 9th of 120 Kentucky counties and county equivalents for employer businesses.

  • The number of employer businesses grew 5.7% between 2018 and 2023.

  • Health care and social assistance makes up 16% of employer businesses in Madison County, compared with 13% in Kentucky.

  • 754 employer businesses here have 5 to 49 employees.

  • Madison County ranks 9th of 120 Kentucky counties and county equivalents for employer businesses.

  • The number of employer businesses grew 5.7% between 2018 and 2023.

  • Health care and social assistance makes up 16% of employer businesses in Madison County, compared with 13% in Kentucky.

  • 754 employer businesses here have 5 to 49 employees.

Industry mix

The largest industries by number of employer businesses:

  • Health care and social assistance: 295 employer businesses

  • Retail: 294 employer businesses

  • Repair, personal care and other services: 183 employer businesses

  • Construction: 181 employer businesses

  • Accommodation and food service: 165 employer businesses

The largest industries by number of employer businesses:

  • Health care and social assistance: 295 employer businesses

  • Retail: 294 employer businesses

  • Repair, personal care and other services: 183 employer businesses

  • Construction: 181 employer businesses

  • Accommodation and food service: 165 employer businesses

Every kind of business we sell in Madison County

We sell businesses in every one of these industries in Madison 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

192 related employer businesses in Madison County.

  • General Contracting: 50 employer businesses here. Typical sale multiple: 3.0x - 4.5x SDE.

  • Plumbing: 40 employer businesses here. Typical sale multiple: 3.5x - 5.0x SDE.

  • HVAC Services: 40 employer businesses here. Typical sale multiple: 4.6x - 7.0x EBITDA.

  • Landscaping: 31 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.

  • Interior Finishing: 20 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.

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

  • Electrical: 12 employer businesses here. Typical sale multiple: 4.0x - 8.0x EBITDA.

  • Roofing & Siding: 11 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.

  • Civil Engineering: 9 employer businesses here. Typical sale multiple: 7.0x - 11.0x EBITDA.

  • Masonry: 6 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Equipment.

Medical Practices

169 related employer businesses in Madison County.

Restaurants & Food

144 related employer businesses in Madison County.

Financial & Professional Services

125 related employer businesses in Madison County.

Retail Stores

102 related employer businesses in Madison County.

Automotive & Boat

73 related employer businesses in Madison County.

  • Auto Repair: 24 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE.

  • Car Dealerships: 20 employer businesses here. Typical sale multiple: 2x - 8x Blue Sky + Assets.

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

  • Car Washes: 6 employer businesses here. Typical sale multiple: 4.5x - 7.0x EBITDA.

  • Collision Repair: 5 employer businesses here. Typical sale multiple: 3.5x - 5.0x EBITDA.

  • Towing & Repo: 4 employer businesses here. Typical sale multiple: 3.0x - 4.0x EBITDA + Fleet.

Gas Stations & Convenience

58 related employer businesses in Madison County.

  • Gas Stations: 53 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.

Senior Care & Living

37 related employer businesses in Madison County.

Logistics & Transportation

31 related employer businesses in Madison County.

Manufacturing

29 related employer businesses in Madison County.

Hospitality & Travel

26 related employer businesses in Madison County.

  • Hotels: 23 employer businesses here. Typical sale multiple: 2.6x - 5.1x EBITDA.

  • Motels: 23 employer businesses here. Typical sale multiple: 1.1x - 2.5x SDE.

  • Transportation Services: 3 employer businesses here. Typical sale multiple: 2.0x - 4.1x SDE.

Pharmacies & Medical Supply

25 related employer businesses in Madison County.

Health & Fitness

19 related employer businesses in Madison County.

Education & Childcare

18 related employer businesses in Madison County.

  • Daycare Centers: 18 employer businesses here. Typical sale multiple: 2.39x - 3.35x SDE.

Home Services

18 related employer businesses in Madison County.

Wholesale & Distribution

18 related employer businesses in Madison County.

Beauty & Personal Care

17 related employer businesses in Madison County.

  • Hair Salons: 12 employer businesses here. Typical sale multiple: 1.25x - 2.34x SDE.

  • Day Spas: 5 employer businesses here. Typical sale multiple: 1.8x - 2.8x SDE.

  • Tattoo Shops: 5 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE.

  • Massage Parlors: 5 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE.

Pet Services

11 related employer businesses in Madison County.

Technology & Media

5 related employer businesses in Madison County.

  • Creative Agencies: 5 employer businesses here. Typical sale multiple: 1.8x - 3.0x SDE.

Entertainment & Recreation

3 related employer businesses in Madison County.

  • Bars & Pubs: 3 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.

  • Clubs & Lounges: 3 employer businesses here. Typical sale multiple: 3.0x - 6.0x EBITDA.

We sell businesses in every one of these industries in Madison 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

192 related employer businesses in Madison County.

  • General Contracting: 50 employer businesses here. Typical sale multiple: 3.0x - 4.5x SDE.

  • Plumbing: 40 employer businesses here. Typical sale multiple: 3.5x - 5.0x SDE.

  • HVAC Services: 40 employer businesses here. Typical sale multiple: 4.6x - 7.0x EBITDA.

  • Landscaping: 31 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.

  • Interior Finishing: 20 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.

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

  • Electrical: 12 employer businesses here. Typical sale multiple: 4.0x - 8.0x EBITDA.

  • Roofing & Siding: 11 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.

  • Civil Engineering: 9 employer businesses here. Typical sale multiple: 7.0x - 11.0x EBITDA.

  • Masonry: 6 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Equipment.

Medical Practices

169 related employer businesses in Madison County.

Restaurants & Food

144 related employer businesses in Madison County.

Financial & Professional Services

125 related employer businesses in Madison County.

Retail Stores

102 related employer businesses in Madison County.

Automotive & Boat

73 related employer businesses in Madison County.

  • Auto Repair: 24 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE.

  • Car Dealerships: 20 employer businesses here. Typical sale multiple: 2x - 8x Blue Sky + Assets.

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

  • Car Washes: 6 employer businesses here. Typical sale multiple: 4.5x - 7.0x EBITDA.

  • Collision Repair: 5 employer businesses here. Typical sale multiple: 3.5x - 5.0x EBITDA.

  • Towing & Repo: 4 employer businesses here. Typical sale multiple: 3.0x - 4.0x EBITDA + Fleet.

Gas Stations & Convenience

58 related employer businesses in Madison County.

  • Gas Stations: 53 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.

Senior Care & Living

37 related employer businesses in Madison County.

Logistics & Transportation

31 related employer businesses in Madison County.

Manufacturing

29 related employer businesses in Madison County.

Hospitality & Travel

26 related employer businesses in Madison County.

  • Hotels: 23 employer businesses here. Typical sale multiple: 2.6x - 5.1x EBITDA.

  • Motels: 23 employer businesses here. Typical sale multiple: 1.1x - 2.5x SDE.

  • Transportation Services: 3 employer businesses here. Typical sale multiple: 2.0x - 4.1x SDE.

Pharmacies & Medical Supply

25 related employer businesses in Madison County.

Health & Fitness

19 related employer businesses in Madison County.

Education & Childcare

18 related employer businesses in Madison County.

  • Daycare Centers: 18 employer businesses here. Typical sale multiple: 2.39x - 3.35x SDE.

Home Services

18 related employer businesses in Madison County.

Wholesale & Distribution

18 related employer businesses in Madison County.

Beauty & Personal Care

17 related employer businesses in Madison County.

  • Hair Salons: 12 employer businesses here. Typical sale multiple: 1.25x - 2.34x SDE.

  • Day Spas: 5 employer businesses here. Typical sale multiple: 1.8x - 2.8x SDE.

  • Tattoo Shops: 5 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE.

  • Massage Parlors: 5 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE.

Pet Services

11 related employer businesses in Madison County.

Technology & Media

5 related employer businesses in Madison County.

  • Creative Agencies: 5 employer businesses here. Typical sale multiple: 1.8x - 3.0x SDE.

Entertainment & Recreation

3 related employer businesses in Madison County.

  • Bars & Pubs: 3 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.

  • Clubs & Lounges: 3 employer businesses here. Typical sale multiple: 3.0x - 6.0x EBITDA.

Working with owners in Madison County

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

FREQUENTLY ASKED QUESTIONS

Questions owners in Madison County ask

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