Selling a Business in Buffalo
Owners in the Buffalo area sell to local buyers and to buyers from other markets. The area has 26,972 employer businesses, and 83% of them have fewer than 20 employees. This page shows what is here and how a sale is handled.
LOCAL SNAPSHOT
Buffalo by the numbers
26,972
26,972
EMPLOYER BUSINESSES
83%
83%
SMALL EMPLOYER SHARE
76,221
76,221
BUSINESSES WITH NO EMPLOYEES
475,966
475,966
EMPLOYMENT
$27.4 billion
$27.4 billion
ANNUAL PAYROLL
11,640
11,640
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 Buffalo compares
The Buffalo area ranks 2nd of 13 New York metro areas for employer businesses.
The number of employer businesses fell 1.1% between 2018 and 2023.
Manufacturing makes up 4% of employer businesses in Buffalo, compared with 3% in New York.
11,640 employer businesses here have 5 to 49 employees.
The Buffalo area ranks 2nd of 13 New York metro areas for employer businesses.
The number of employer businesses fell 1.1% between 2018 and 2023.
Manufacturing makes up 4% of employer businesses in Buffalo, compared with 3% in New York.
11,640 employer businesses here have 5 to 49 employees.
Industry mix
The largest industries by number of employer businesses:
Retail: 3,838 employer businesses
Health care and social assistance: 3,163 employer businesses
Accommodation and food service: 2,855 employer businesses
Repair, personal care and other services: 2,852 employer businesses
Construction: 2,702 employer businesses
The largest industries by number of employer businesses:
Retail: 3,838 employer businesses
Health care and social assistance: 3,163 employer businesses
Accommodation and food service: 2,855 employer businesses
Repair, personal care and other services: 2,852 employer businesses
Construction: 2,702 employer businesses
What buyers look for
Buyers look first at profit that holds up under review. Three years of tax returns and profit and loss statements that match each other carry more weight than a high number that cannot be shown.
How much of the business depends on the owner
How concentrated sales are among a few customers
The lease, its remaining term and the landlord's consent to a sale
The condition of equipment and the contracts that transfer
Buyers look first at profit that holds up under review. Three years of tax returns and profit and loss statements that match each other carry more weight than a high number that cannot be shown.
How much of the business depends on the owner
How concentrated sales are among a few customers
The lease, its remaining term and the landlord's consent to a sale
The condition of equipment and the contracts that transfer
INDUSTRIES
What sells in Buffalo
Retail, health care and social assistance, accommodation and food service, repair, personal care and other services
Every kind of business we sell in Buffalo
We sell businesses in every one of these industries in Buffalo. 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
3,143 related employer businesses in Buffalo.
General Contracting: 871 employer businesses here. Typical sale multiple: 3.0x - 4.5x SDE.
Landscaping: 583 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.
Interior Finishing: 495 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.
Plumbing: 308 employer businesses here. Typical sale multiple: 3.5x - 5.0x SDE.
HVAC Services: 308 employer businesses here. Typical sale multiple: 4.6x - 7.0x EBITDA.
Foundation & Site Prep: 245 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Fleet.
Electrical: 210 employer businesses here. Typical sale multiple: 4.0x - 8.0x EBITDA.
Civil Engineering: 177 employer businesses here. Typical sale multiple: 7.0x - 11.0x EBITDA.
Roofing & Siding: 123 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.
Masonry: 72 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Equipment.
Carpentry & Framing: 39 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.
Remediation & Restoration: 20 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA.
Restaurants & Food
2,662 related employer businesses in Buffalo.
Quick-Service & Fast Food: 947 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE.
Full-Service Restaurants: 911 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE.
Grocery Stores & Markets: 316 employer businesses here. Typical sale multiple: 2.0x - 3.0x SDE + Inventory.
Coffee Shops: 285 employer businesses here. Typical sale multiple: 2.0x - 3.0x SDE.
Liquor, Wine & Beer Stores: 167 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE + Inventory.
Bakeries: 36 employer businesses here. Typical sale multiple: 2.0x - 3.0x SDE.
Ghost Kitchens. Typical sale multiple: 2.0x - 3.0x SDE.
Medical Practices
1,701 related employer businesses in Buffalo.
Primary & Family Care: 638 employer businesses here. Typical sale multiple: 2.2x - 3.2x SDE.
Dental Practices: 377 employer businesses here. Typical sale multiple: 3.5x - 5.5x EBITDA.
Mental & Behavioral Health: 170 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.
Physical Therapy & Rehab: 147 employer businesses here. Typical sale multiple: 3.5x - 5.0x EBITDA.
Veterinary Medicine: 115 employer businesses here. Typical sale multiple: 6.0x - 9.0x EBITDA.
Medical Labs & Imaging: 91 employer businesses here. Typical sale multiple: 4.5x - 6.5x EBITDA.
Vision & Eye Care: 48 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE.
Home Health & Hospice: 47 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA.
Specialty Medicine: 42 employer businesses here. Typical sale multiple: 5.0x - 7.0x EBITDA.
Urgent Care Clinics: 26 employer businesses here. Typical sale multiple: 4.0x - 6.0x EBITDA.
Retail Stores
1,438 related employer businesses in Buffalo.
Fashion, Apparel & Jewelry: 444 employer businesses here. Typical sale multiple: 2.0x - 3.5x SDE + Inventory.
Health, Beauty & Pharmacy: 352 employer businesses here. Typical sale multiple: 2.8x - 4.2x EBITDA.
Hardware, Garden & Building: 244 employer businesses here. Typical sale multiple: 2.5x - 3.8x SDE + Inventory.
Home Decor & Furniture: 128 employer businesses here. Typical sale multiple: 2.2x - 3.2x SDE + Inventory.
Hobby, Toys & Gift Shops: 121 employer businesses here. Typical sale multiple: 1.8x - 2.8x SDE + Inventory.
Electronics & Repair: 77 employer businesses here. Typical sale multiple: 2.0x - 3.0x SDE.
Sporting Goods & Firearms: 72 employer businesses here. Typical sale multiple: 2.3x - 3.4x SDE.
Financial & Professional Services
1,273 related employer businesses in Buffalo.
Insurance Agencies: 417 employer businesses here. Typical sale multiple: 6.0x - 8.0x EBITDA.
Accounting & Tax Practices: 377 employer businesses here. Typical sale multiple: 2.0x - 3.5x SDE.
Real Estate Brokerages: 252 employer businesses here. Typical sale multiple: 2.5x - 4.5x SDE.
Wealth Management: 189 employer businesses here. Typical sale multiple: 2.7x - 4.0x Recurring Revenue.
Private Lending: 26 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.
Mortgage Brokerages: 12 employer businesses here. Typical sale multiple: 2.0x - 3.5x SDE.
Automotive & Boat
1,008 related employer businesses in Buffalo.
Auto Repair: 425 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE.
Auto Parts: 182 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE + Inventory.
Car Dealerships: 171 employer businesses here. Typical sale multiple: 2x - 8x Blue Sky + Assets.
Collision Repair: 113 employer businesses here. Typical sale multiple: 3.5x - 5.0x EBITDA.
Car Washes: 53 employer businesses here. Typical sale multiple: 4.5x - 7.0x EBITDA.
Towing & Repo: 31 employer businesses here. Typical sale multiple: 3.0x - 4.0x EBITDA + Fleet.
Marinas: 17 employer businesses here. Typical sale multiple: Cap Rate or 4.0x - 7.0x EBITDA.
Boat Dealerships: 16 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA.
Manufacturing
907 related employer businesses in Buffalo.
Metal Fabrication: 257 employer businesses here. Typical sale multiple: 3.2x - 4.2x SDE.
Food & Beverage Manufacturing: 169 employer businesses here. Typical sale multiple: 3.1x - 4.5x SDE.
Printing & Plastics: 148 employer businesses here. Typical sale multiple: 2.9x - 4.9x SDE.
Medical & Chemical Manufacturing: 98 employer businesses here. Typical sale multiple: 4.5x - 8.0x EBITDA.
Electronics & Tech Manufacturing: 77 employer businesses here. Typical sale multiple: 4.0x - 7.5x EBITDA.
Wood & Furniture Manufacturing: 63 employer businesses here. Typical sale multiple: 2.5x - 3.8x SDE.
Construction Materials Manufacturing: 58 employer businesses here. Typical sale multiple: 2.5x - 5.0x EBITDA.
Textile & Apparel Manufacturing: 37 employer businesses here. Typical sale multiple: 2.5x - 3.8x SDE.
Logistics & Transportation
712 related employer businesses in Buffalo.
General Freight Trucking: 400 employer businesses here. Typical sale multiple: 2.44x - 3.45x SDE.
Freight Brokerage & 3PL: 103 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.
Warehousing & Fulfillment: 68 employer businesses here. Typical sale multiple: 3.0x - 4.5x SDE.
Last-Mile & Courier: 50 employer businesses here. Typical sale multiple: 2.76x - 3.32x SDE.
Commercial Moving: 39 employer businesses here. Typical sale multiple: 1.5x - 3.0x SDE.
NEMT & Passenger Transport: 32 employer businesses here. Typical sale multiple: 2.1x - 3.1x SDE.
Heavy Haul Transport: 20 employer businesses here. Typical sale multiple: 3.5x - 4.5x SDE.
Port Drayage. Typical sale multiple: 2.5x - 3.5x SDE.
Beauty & Personal Care
631 related employer businesses in Buffalo.
Hair Salons: 337 employer businesses here. Typical sale multiple: 1.25x - 2.34x SDE.
Nail Salons: 155 employer businesses here. Typical sale multiple: 1.4x - 1.88x SDE.
Day Spas: 116 employer businesses here. Typical sale multiple: 1.8x - 2.8x SDE.
Tattoo Shops: 116 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE.
Massage Parlors: 116 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE.
Barber Shops: 23 employer businesses here. Typical sale multiple: 1.5x - 2.25x SDE.
Medical Spas. Typical sale multiple: 2.5x - 4.5x EBITDA.
Wholesale & Distribution
569 related employer businesses in Buffalo.
Industrial & Construction Supply: 277 employer businesses here. Typical sale multiple: 3.0x - 4.0x SDE.
Food & Beverage Distribution: 93 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE.
Electronics, IT & Office Equipment Distribution: 86 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE.
Consumer Goods & Apparel Distribution: 34 employer businesses here. Typical sale multiple: 2.0x - 3.0x SDE + Inventory.
Chemicals, Plastics & Raw Materials Distribution: 33 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA.
Packaging, Paper & JanSan Distribution: 24 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE.
Medical, Dental & Pharmaceutical Distribution: 22 employer businesses here. Typical sale multiple: 3.5x - 4.5x EBITDA.
Home Services
543 related employer businesses in Buffalo.
Residential Cleaning: 303 employer businesses here. Typical sale multiple: 1.5x - 2.6x SDE.
Commercial Cleaning: 303 employer businesses here. Typical sale multiple: 2.47x - 4.11x EBITDA.
Property Management: 185 employer businesses here. Typical sale multiple: 3.0x - 4.5x SDE.
Pest Control: 32 employer businesses here. Typical sale multiple: 2.34x - 2.90x SDE.
Security Systems: 23 employer businesses here. Typical sale multiple: 3.0x - 4.9x EBITDA.
Audio Visual (AV). Typical sale multiple: 3.0x - 5.0x EBITDA.
Junk Removal. Typical sale multiple: 1.5x - 3.0x SDE.
Pool & Spa Service. Typical sale multiple: 3.0x - 4.0x EBITDA.
Gas Stations & Convenience
520 related employer businesses in Buffalo.
Gas Stations: 328 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA + Real Estate.
Convenience Stores: 192 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE + Inventory.
Truck Stops & Travel Centers. Typical sale multiple: 3.5x - 5.5x EBITDA + Real Estate.
Entertainment & Recreation
403 related employer businesses in Buffalo.
Bars & Pubs: 233 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.
Clubs & Lounges: 233 employer businesses here. Typical sale multiple: 3.0x - 6.0x EBITDA.
Outdoor Recreation: 95 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.
Golf Courses: 42 employer businesses here. Typical sale multiple: 8.0x - 11.0x EBITDA.
Bowling Alleys: 25 employer businesses here. Typical sale multiple: 3.0x - 5.0x EBITDA.
Arcades & FECs: 8 employer businesses here. Typical sale multiple: 2.1x - 3.6x SDE.
Event Venues. Typical sale multiple: 2.8x - 3.5x Earnings.
Banquet Halls. Typical sale multiple: 3.5x - 4.5x Earnings.
Escape Rooms. Typical sale multiple: 1.5x - 3.5x SDE.
Hospitality & Travel
321 related employer businesses in Buffalo.
Hotels: 161 employer businesses here. Typical sale multiple: 2.6x - 5.1x EBITDA.
Motels: 161 employer businesses here. Typical sale multiple: 1.1x - 2.5x SDE.
Transportation Services: 119 employer businesses here. Typical sale multiple: 2.0x - 4.1x SDE.
Travel Agencies: 19 employer businesses here. Typical sale multiple: 2.3x - 3.2x SDE.
Campgrounds & RV Parks: 16 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA.
Bed & Breakfasts / Inns: 6 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.
Technology & Media
314 related employer businesses in Buffalo.
Digital Marketing Agencies: 128 employer businesses here. Typical sale multiple: 2.0x - 3.5x SDE.
Creative Agencies: 69 employer businesses here. Typical sale multiple: 1.8x - 3.0x SDE.
Media, Film & Studio Production: 48 employer businesses here. Typical sale multiple: 2.2x - 3.5x SDE.
Real Estate Media: 46 employer businesses here. Typical sale multiple: 1.5x - 2.8x SDE.
Software Companies (SaaS): 23 employer businesses here. Typical sale multiple: 3.5x - 5.5x SDE.
E-commerce & Online Brands. Typical sale multiple: 2.5x - 4.0x SDE + Inventory.
Education & Childcare
292 related employer businesses in Buffalo.
Daycare Centers: 271 employer businesses here. Typical sale multiple: 2.39x - 3.35x SDE.
Tutoring Centers: 21 employer businesses here. Typical sale multiple: 2.0x - 3.5x SDE.
Preschools. Typical sale multiple: 3.12x - 4.0x SDE.
Pharmacies & Medical Supply
291 related employer businesses in Buffalo.
Compounding Pharmacies: 168 employer businesses here. Typical sale multiple: 3.5x - 5.5x EBITDA.
Specialty Pharmacies: 168 employer businesses here. Typical sale multiple: 4.0x - 6.5x EBITDA.
Home Infusion: 47 employer businesses here. Typical sale multiple: 4.0x - 6.5x EBITDA.
Durable Medical Equipment (DME): 42 employer businesses here. Typical sale multiple: 3.0x - 5.0x EBITDA.
Medical Supply Retail: 34 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE + Inventory.
Health & Fitness
273 related employer businesses in Buffalo.
Gyms & Health Clubs: 169 employer businesses here. Typical sale multiple: 2.44x - 2.93x SDE.
Yoga Studios: 169 employer businesses here. Typical sale multiple: 2.07x - 2.50x SDE.
Pilates Studios: 169 employer businesses here. Typical sale multiple: 2.10x - 3.00x SDE.
Personal Training Studios: 169 employer businesses here. Typical sale multiple: 2.00x - 2.80x SDE.
Wellness & Recovery Centers: 104 employer businesses here. Typical sale multiple: 5.5x - 9.7x EBITDA.
Senior Care & Living
192 related employer businesses in Buffalo.
Non-Medical Home Care: 131 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.
Assisted Living Facilities: 50 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA + Real Estate.
Senior Living Communities: 11 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA + Real Estate.
Adult Day Services. Typical sale multiple: 2.5x - 4.0x SDE.
Pet Services
150 related employer businesses in Buffalo.
Pet Grooming & Spas: 105 employer businesses here. Typical sale multiple: 2.0x - 3.0x SDE.
Boarding, Daycare & Training: 105 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA.
Pet Retail & Specialty Supplies: 45 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE + Inventory.
Mobile & In-Home Pet Care. Typical sale multiple: 1.5x - 2.5x SDE + Fleet.
Energy & Utilities
138 related employer businesses in Buffalo.
Waste Management & Recycling: 84 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA + Assets.
Water & Wastewater Services: 28 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA.
Propane & Fuel Distribution: 26 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA + Assets.
E-commerce & Online Businesses
Amazon FBA Businesses. Typical sale multiple: 2.5x - 4.0x SDE + Inventory.
Online Marketplaces. Typical sale multiple: 3.5x - 6.0x SDE.
Land & Agriculture
Crop Production. Typical sale multiple: 4.5x - 6.69x EBITDA.
Livestock & Ranching. Typical sale multiple: 3.0x - 5.76x EBITDA.
Agribusiness & Infrastructure. Typical sale multiple: 5.2x - 10.3x EBITDA.
AgTech & Precision Ag. Typical sale multiple: 8.3x - 12.1x EBITDA.
Agri-Tourism & Lifestyle. Typical sale multiple: 2.51x - 4.54x SDE.
We sell businesses in every one of these industries in Buffalo. 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
3,143 related employer businesses in Buffalo.
General Contracting: 871 employer businesses here. Typical sale multiple: 3.0x - 4.5x SDE.
Landscaping: 583 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.
Interior Finishing: 495 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.
Plumbing: 308 employer businesses here. Typical sale multiple: 3.5x - 5.0x SDE.
HVAC Services: 308 employer businesses here. Typical sale multiple: 4.6x - 7.0x EBITDA.
Foundation & Site Prep: 245 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Fleet.
Electrical: 210 employer businesses here. Typical sale multiple: 4.0x - 8.0x EBITDA.
Civil Engineering: 177 employer businesses here. Typical sale multiple: 7.0x - 11.0x EBITDA.
Roofing & Siding: 123 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.
Masonry: 72 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Equipment.
Carpentry & Framing: 39 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.
Remediation & Restoration: 20 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA.
Restaurants & Food
2,662 related employer businesses in Buffalo.
Quick-Service & Fast Food: 947 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE.
Full-Service Restaurants: 911 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE.
Grocery Stores & Markets: 316 employer businesses here. Typical sale multiple: 2.0x - 3.0x SDE + Inventory.
Coffee Shops: 285 employer businesses here. Typical sale multiple: 2.0x - 3.0x SDE.
Liquor, Wine & Beer Stores: 167 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE + Inventory.
Bakeries: 36 employer businesses here. Typical sale multiple: 2.0x - 3.0x SDE.
Ghost Kitchens. Typical sale multiple: 2.0x - 3.0x SDE.
Medical Practices
1,701 related employer businesses in Buffalo.
Primary & Family Care: 638 employer businesses here. Typical sale multiple: 2.2x - 3.2x SDE.
Dental Practices: 377 employer businesses here. Typical sale multiple: 3.5x - 5.5x EBITDA.
Mental & Behavioral Health: 170 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.
Physical Therapy & Rehab: 147 employer businesses here. Typical sale multiple: 3.5x - 5.0x EBITDA.
Veterinary Medicine: 115 employer businesses here. Typical sale multiple: 6.0x - 9.0x EBITDA.
Medical Labs & Imaging: 91 employer businesses here. Typical sale multiple: 4.5x - 6.5x EBITDA.
Vision & Eye Care: 48 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE.
Home Health & Hospice: 47 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA.
Specialty Medicine: 42 employer businesses here. Typical sale multiple: 5.0x - 7.0x EBITDA.
Urgent Care Clinics: 26 employer businesses here. Typical sale multiple: 4.0x - 6.0x EBITDA.
Retail Stores
1,438 related employer businesses in Buffalo.
Fashion, Apparel & Jewelry: 444 employer businesses here. Typical sale multiple: 2.0x - 3.5x SDE + Inventory.
Health, Beauty & Pharmacy: 352 employer businesses here. Typical sale multiple: 2.8x - 4.2x EBITDA.
Hardware, Garden & Building: 244 employer businesses here. Typical sale multiple: 2.5x - 3.8x SDE + Inventory.
Home Decor & Furniture: 128 employer businesses here. Typical sale multiple: 2.2x - 3.2x SDE + Inventory.
Hobby, Toys & Gift Shops: 121 employer businesses here. Typical sale multiple: 1.8x - 2.8x SDE + Inventory.
Electronics & Repair: 77 employer businesses here. Typical sale multiple: 2.0x - 3.0x SDE.
Sporting Goods & Firearms: 72 employer businesses here. Typical sale multiple: 2.3x - 3.4x SDE.
Financial & Professional Services
1,273 related employer businesses in Buffalo.
Insurance Agencies: 417 employer businesses here. Typical sale multiple: 6.0x - 8.0x EBITDA.
Accounting & Tax Practices: 377 employer businesses here. Typical sale multiple: 2.0x - 3.5x SDE.
Real Estate Brokerages: 252 employer businesses here. Typical sale multiple: 2.5x - 4.5x SDE.
Wealth Management: 189 employer businesses here. Typical sale multiple: 2.7x - 4.0x Recurring Revenue.
Private Lending: 26 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.
Mortgage Brokerages: 12 employer businesses here. Typical sale multiple: 2.0x - 3.5x SDE.
Automotive & Boat
1,008 related employer businesses in Buffalo.
Auto Repair: 425 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE.
Auto Parts: 182 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE + Inventory.
Car Dealerships: 171 employer businesses here. Typical sale multiple: 2x - 8x Blue Sky + Assets.
Collision Repair: 113 employer businesses here. Typical sale multiple: 3.5x - 5.0x EBITDA.
Car Washes: 53 employer businesses here. Typical sale multiple: 4.5x - 7.0x EBITDA.
Towing & Repo: 31 employer businesses here. Typical sale multiple: 3.0x - 4.0x EBITDA + Fleet.
Marinas: 17 employer businesses here. Typical sale multiple: Cap Rate or 4.0x - 7.0x EBITDA.
Boat Dealerships: 16 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA.
Manufacturing
907 related employer businesses in Buffalo.
Metal Fabrication: 257 employer businesses here. Typical sale multiple: 3.2x - 4.2x SDE.
Food & Beverage Manufacturing: 169 employer businesses here. Typical sale multiple: 3.1x - 4.5x SDE.
Printing & Plastics: 148 employer businesses here. Typical sale multiple: 2.9x - 4.9x SDE.
Medical & Chemical Manufacturing: 98 employer businesses here. Typical sale multiple: 4.5x - 8.0x EBITDA.
Electronics & Tech Manufacturing: 77 employer businesses here. Typical sale multiple: 4.0x - 7.5x EBITDA.
Wood & Furniture Manufacturing: 63 employer businesses here. Typical sale multiple: 2.5x - 3.8x SDE.
Construction Materials Manufacturing: 58 employer businesses here. Typical sale multiple: 2.5x - 5.0x EBITDA.
Textile & Apparel Manufacturing: 37 employer businesses here. Typical sale multiple: 2.5x - 3.8x SDE.
Logistics & Transportation
712 related employer businesses in Buffalo.
General Freight Trucking: 400 employer businesses here. Typical sale multiple: 2.44x - 3.45x SDE.
Freight Brokerage & 3PL: 103 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.
Warehousing & Fulfillment: 68 employer businesses here. Typical sale multiple: 3.0x - 4.5x SDE.
Last-Mile & Courier: 50 employer businesses here. Typical sale multiple: 2.76x - 3.32x SDE.
Commercial Moving: 39 employer businesses here. Typical sale multiple: 1.5x - 3.0x SDE.
NEMT & Passenger Transport: 32 employer businesses here. Typical sale multiple: 2.1x - 3.1x SDE.
Heavy Haul Transport: 20 employer businesses here. Typical sale multiple: 3.5x - 4.5x SDE.
Port Drayage. Typical sale multiple: 2.5x - 3.5x SDE.
Beauty & Personal Care
631 related employer businesses in Buffalo.
Hair Salons: 337 employer businesses here. Typical sale multiple: 1.25x - 2.34x SDE.
Nail Salons: 155 employer businesses here. Typical sale multiple: 1.4x - 1.88x SDE.
Day Spas: 116 employer businesses here. Typical sale multiple: 1.8x - 2.8x SDE.
Tattoo Shops: 116 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE.
Massage Parlors: 116 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE.
Barber Shops: 23 employer businesses here. Typical sale multiple: 1.5x - 2.25x SDE.
Medical Spas. Typical sale multiple: 2.5x - 4.5x EBITDA.
Wholesale & Distribution
569 related employer businesses in Buffalo.
Industrial & Construction Supply: 277 employer businesses here. Typical sale multiple: 3.0x - 4.0x SDE.
Food & Beverage Distribution: 93 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE.
Electronics, IT & Office Equipment Distribution: 86 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE.
Consumer Goods & Apparel Distribution: 34 employer businesses here. Typical sale multiple: 2.0x - 3.0x SDE + Inventory.
Chemicals, Plastics & Raw Materials Distribution: 33 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA.
Packaging, Paper & JanSan Distribution: 24 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE.
Medical, Dental & Pharmaceutical Distribution: 22 employer businesses here. Typical sale multiple: 3.5x - 4.5x EBITDA.
Home Services
543 related employer businesses in Buffalo.
Residential Cleaning: 303 employer businesses here. Typical sale multiple: 1.5x - 2.6x SDE.
Commercial Cleaning: 303 employer businesses here. Typical sale multiple: 2.47x - 4.11x EBITDA.
Property Management: 185 employer businesses here. Typical sale multiple: 3.0x - 4.5x SDE.
Pest Control: 32 employer businesses here. Typical sale multiple: 2.34x - 2.90x SDE.
Security Systems: 23 employer businesses here. Typical sale multiple: 3.0x - 4.9x EBITDA.
Audio Visual (AV). Typical sale multiple: 3.0x - 5.0x EBITDA.
Junk Removal. Typical sale multiple: 1.5x - 3.0x SDE.
Pool & Spa Service. Typical sale multiple: 3.0x - 4.0x EBITDA.
Gas Stations & Convenience
520 related employer businesses in Buffalo.
Gas Stations: 328 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA + Real Estate.
Convenience Stores: 192 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE + Inventory.
Truck Stops & Travel Centers. Typical sale multiple: 3.5x - 5.5x EBITDA + Real Estate.
Entertainment & Recreation
403 related employer businesses in Buffalo.
Bars & Pubs: 233 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.
Clubs & Lounges: 233 employer businesses here. Typical sale multiple: 3.0x - 6.0x EBITDA.
Outdoor Recreation: 95 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.
Golf Courses: 42 employer businesses here. Typical sale multiple: 8.0x - 11.0x EBITDA.
Bowling Alleys: 25 employer businesses here. Typical sale multiple: 3.0x - 5.0x EBITDA.
Arcades & FECs: 8 employer businesses here. Typical sale multiple: 2.1x - 3.6x SDE.
Event Venues. Typical sale multiple: 2.8x - 3.5x Earnings.
Banquet Halls. Typical sale multiple: 3.5x - 4.5x Earnings.
Escape Rooms. Typical sale multiple: 1.5x - 3.5x SDE.
Hospitality & Travel
321 related employer businesses in Buffalo.
Hotels: 161 employer businesses here. Typical sale multiple: 2.6x - 5.1x EBITDA.
Motels: 161 employer businesses here. Typical sale multiple: 1.1x - 2.5x SDE.
Transportation Services: 119 employer businesses here. Typical sale multiple: 2.0x - 4.1x SDE.
Travel Agencies: 19 employer businesses here. Typical sale multiple: 2.3x - 3.2x SDE.
Campgrounds & RV Parks: 16 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA.
Bed & Breakfasts / Inns: 6 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.
Technology & Media
314 related employer businesses in Buffalo.
Digital Marketing Agencies: 128 employer businesses here. Typical sale multiple: 2.0x - 3.5x SDE.
Creative Agencies: 69 employer businesses here. Typical sale multiple: 1.8x - 3.0x SDE.
Media, Film & Studio Production: 48 employer businesses here. Typical sale multiple: 2.2x - 3.5x SDE.
Real Estate Media: 46 employer businesses here. Typical sale multiple: 1.5x - 2.8x SDE.
Software Companies (SaaS): 23 employer businesses here. Typical sale multiple: 3.5x - 5.5x SDE.
E-commerce & Online Brands. Typical sale multiple: 2.5x - 4.0x SDE + Inventory.
Education & Childcare
292 related employer businesses in Buffalo.
Daycare Centers: 271 employer businesses here. Typical sale multiple: 2.39x - 3.35x SDE.
Tutoring Centers: 21 employer businesses here. Typical sale multiple: 2.0x - 3.5x SDE.
Preschools. Typical sale multiple: 3.12x - 4.0x SDE.
Pharmacies & Medical Supply
291 related employer businesses in Buffalo.
Compounding Pharmacies: 168 employer businesses here. Typical sale multiple: 3.5x - 5.5x EBITDA.
Specialty Pharmacies: 168 employer businesses here. Typical sale multiple: 4.0x - 6.5x EBITDA.
Home Infusion: 47 employer businesses here. Typical sale multiple: 4.0x - 6.5x EBITDA.
Durable Medical Equipment (DME): 42 employer businesses here. Typical sale multiple: 3.0x - 5.0x EBITDA.
Medical Supply Retail: 34 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE + Inventory.
Health & Fitness
273 related employer businesses in Buffalo.
Gyms & Health Clubs: 169 employer businesses here. Typical sale multiple: 2.44x - 2.93x SDE.
Yoga Studios: 169 employer businesses here. Typical sale multiple: 2.07x - 2.50x SDE.
Pilates Studios: 169 employer businesses here. Typical sale multiple: 2.10x - 3.00x SDE.
Personal Training Studios: 169 employer businesses here. Typical sale multiple: 2.00x - 2.80x SDE.
Wellness & Recovery Centers: 104 employer businesses here. Typical sale multiple: 5.5x - 9.7x EBITDA.
Senior Care & Living
192 related employer businesses in Buffalo.
Non-Medical Home Care: 131 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.
Assisted Living Facilities: 50 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA + Real Estate.
Senior Living Communities: 11 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA + Real Estate.
Adult Day Services. Typical sale multiple: 2.5x - 4.0x SDE.
Pet Services
150 related employer businesses in Buffalo.
Pet Grooming & Spas: 105 employer businesses here. Typical sale multiple: 2.0x - 3.0x SDE.
Boarding, Daycare & Training: 105 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA.
Pet Retail & Specialty Supplies: 45 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE + Inventory.
Mobile & In-Home Pet Care. Typical sale multiple: 1.5x - 2.5x SDE + Fleet.
Energy & Utilities
138 related employer businesses in Buffalo.
Waste Management & Recycling: 84 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA + Assets.
Water & Wastewater Services: 28 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA.
Propane & Fuel Distribution: 26 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA + Assets.
E-commerce & Online Businesses
Amazon FBA Businesses. Typical sale multiple: 2.5x - 4.0x SDE + Inventory.
Online Marketplaces. Typical sale multiple: 3.5x - 6.0x SDE.
Land & Agriculture
Crop Production. Typical sale multiple: 4.5x - 6.69x EBITDA.
Livestock & Ranching. Typical sale multiple: 3.0x - 5.76x EBITDA.
Agribusiness & Infrastructure. Typical sale multiple: 5.2x - 10.3x EBITDA.
AgTech & Precision Ag. Typical sale multiple: 8.3x - 12.1x EBITDA.
Agri-Tourism & Lifestyle. Typical sale multiple: 2.51x - 4.54x SDE.
Counties in this metro area
Working with owners in Buffalo
Business Advisors of America works with owners who are selling a business in Buffalo. Contact us to talk about a sale.
FREQUENTLY ASKED QUESTIONS
Questions owners in Buffalo ask
How long does it take to sell a business in Buffalo?
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 Buffalo?
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 Buffalo
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