Selling a Business in Morgan County

Morgan County has 545 employer businesses, and 95% of them have fewer than 20 employees. This page shows the local mix of industries and how a sale is handled here.

LOCAL SNAPSHOT

Morgan County by the numbers

545

545

EMPLOYER BUSINESSES

95%

95%

SMALL EMPLOYER SHARE

2,034

2,034

BUSINESSES WITH NO EMPLOYEES

3,546

3,546

EMPLOYMENT

$131 million

$131 million

ANNUAL PAYROLL

206

206

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 Morgan County compares

  • Morgan County ranks 45th of 115 Missouri counties and county equivalents for employer businesses.

  • The number of employer businesses grew 11.7% between 2018 and 2023.

  • Construction makes up 19% of employer businesses in Morgan County, compared with 10% in Missouri.

  • 206 employer businesses here have 5 to 49 employees.

  • Morgan County ranks 45th of 115 Missouri counties and county equivalents for employer businesses.

  • The number of employer businesses grew 11.7% between 2018 and 2023.

  • Construction makes up 19% of employer businesses in Morgan County, compared with 10% in Missouri.

  • 206 employer businesses here have 5 to 49 employees.

Industry mix

The largest industries by number of employer businesses:

  • Construction: 106 employer businesses

  • Retail: 105 employer businesses

  • Accommodation and food service: 66 employer businesses

  • Repair, personal care and other services: 61 employer businesses

  • Manufacturing: 30 employer businesses

The largest industries by number of employer businesses:

  • Construction: 106 employer businesses

  • Retail: 105 employer businesses

  • Accommodation and food service: 66 employer businesses

  • Repair, personal care and other services: 61 employer businesses

  • Manufacturing: 30 employer businesses

Every kind of business we sell in Morgan County

We sell businesses in every one of these industries in Morgan 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

90 related employer businesses in Morgan County.

  • General Contracting: 26 employer businesses here. Typical sale multiple: 3.0x - 4.5x SDE.

  • Foundation & Site Prep: 14 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Fleet.

  • Plumbing: 12 employer businesses here. Typical sale multiple: 3.5x - 5.0x SDE.

  • HVAC Services: 12 employer businesses here. Typical sale multiple: 4.6x - 7.0x EBITDA.

  • Interior Finishing: 11 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.

  • Landscaping: 9 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.

  • Electrical: 8 employer businesses here. Typical sale multiple: 4.0x - 8.0x EBITDA.

  • Carpentry & Framing: 6 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.

  • Roofing & Siding: 4 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.

Restaurants & Food

59 related employer businesses in Morgan County.

Retail Stores

28 related employer businesses in Morgan County.

Automotive & Boat

22 related employer businesses in Morgan County.

  • Auto Repair: 6 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE.

  • Boat Dealerships: 5 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA.

  • Auto Parts: 4 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE + Inventory.

  • Car Dealerships: 4 employer businesses here. Typical sale multiple: 2x - 8x Blue Sky + Assets.

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

Logistics & Transportation

22 related employer businesses in Morgan County.

Financial & Professional Services

20 related employer businesses in Morgan County.

Manufacturing

20 related employer businesses in Morgan County.

Gas Stations & Convenience

15 related employer businesses in Morgan County.

  • Gas Stations: 12 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.

Medical Practices

10 related employer businesses in Morgan County.

Senior Care & Living

6 related employer businesses in Morgan County.

Entertainment & Recreation

4 related employer businesses in Morgan County.

  • Bars & Pubs: 4 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.

  • Clubs & Lounges: 4 employer businesses here. Typical sale multiple: 3.0x - 6.0x EBITDA.

Hospitality & Travel

4 related employer businesses in Morgan County.

  • Hotels: 4 employer businesses here. Typical sale multiple: 2.6x - 5.1x EBITDA.

  • Motels: 4 employer businesses here. Typical sale multiple: 1.1x - 2.5x SDE.

Education & Childcare

3 related employer businesses in Morgan County.

  • Daycare Centers: 3 employer businesses here. Typical sale multiple: 2.39x - 3.35x SDE.

Energy & Utilities

3 related employer businesses in Morgan County.

Home Services

3 related employer businesses in Morgan County.

Pharmacies & Medical Supply

3 related employer businesses in Morgan County.

Wholesale & Distribution

3 related employer businesses in Morgan County.

We sell businesses in every one of these industries in Morgan 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

90 related employer businesses in Morgan County.

  • General Contracting: 26 employer businesses here. Typical sale multiple: 3.0x - 4.5x SDE.

  • Foundation & Site Prep: 14 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Fleet.

  • Plumbing: 12 employer businesses here. Typical sale multiple: 3.5x - 5.0x SDE.

  • HVAC Services: 12 employer businesses here. Typical sale multiple: 4.6x - 7.0x EBITDA.

  • Interior Finishing: 11 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.

  • Landscaping: 9 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.

  • Electrical: 8 employer businesses here. Typical sale multiple: 4.0x - 8.0x EBITDA.

  • Carpentry & Framing: 6 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.

  • Roofing & Siding: 4 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.

Restaurants & Food

59 related employer businesses in Morgan County.

Retail Stores

28 related employer businesses in Morgan County.

Automotive & Boat

22 related employer businesses in Morgan County.

  • Auto Repair: 6 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE.

  • Boat Dealerships: 5 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA.

  • Auto Parts: 4 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE + Inventory.

  • Car Dealerships: 4 employer businesses here. Typical sale multiple: 2x - 8x Blue Sky + Assets.

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

Logistics & Transportation

22 related employer businesses in Morgan County.

Financial & Professional Services

20 related employer businesses in Morgan County.

Manufacturing

20 related employer businesses in Morgan County.

Gas Stations & Convenience

15 related employer businesses in Morgan County.

  • Gas Stations: 12 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.

Medical Practices

10 related employer businesses in Morgan County.

Senior Care & Living

6 related employer businesses in Morgan County.

Entertainment & Recreation

4 related employer businesses in Morgan County.

  • Bars & Pubs: 4 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.

  • Clubs & Lounges: 4 employer businesses here. Typical sale multiple: 3.0x - 6.0x EBITDA.

Hospitality & Travel

4 related employer businesses in Morgan County.

  • Hotels: 4 employer businesses here. Typical sale multiple: 2.6x - 5.1x EBITDA.

  • Motels: 4 employer businesses here. Typical sale multiple: 1.1x - 2.5x SDE.

Education & Childcare

3 related employer businesses in Morgan County.

  • Daycare Centers: 3 employer businesses here. Typical sale multiple: 2.39x - 3.35x SDE.

Energy & Utilities

3 related employer businesses in Morgan County.

Home Services

3 related employer businesses in Morgan County.

Pharmacies & Medical Supply

3 related employer businesses in Morgan County.

Wholesale & Distribution

3 related employer businesses in Morgan County.

Working with owners in Morgan County

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

FREQUENTLY ASKED QUESTIONS

Questions owners in Morgan County ask

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