Selling a Business in Cincinnati

Owners in the Cincinnati area sell to local buyers and to buyers from other markets. The area has 48,255 employer businesses, and 81% of them have fewer than 20 employees. This page shows what is here and how a sale is handled.

LOCAL SNAPSHOT

Cincinnati by the numbers

48,255

48,255

EMPLOYER BUSINESSES

81%

81%

SMALL EMPLOYER SHARE

177,605

177,605

BUSINESSES WITH NO EMPLOYEES

1,030,698

1,030,698

EMPLOYMENT

$66.0 billion

$66.0 billion

ANNUAL PAYROLL

21,524

21,524

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 Cincinnati compares

  • The Cincinnati area ranks 2nd of 12 Ohio metro areas for employer businesses.

  • The number of employer businesses grew 3.2% between 2018 and 2023.

  • Real estate and rental makes up 5% of employer businesses in Cincinnati, compared with 5% in Ohio.

  • 21,524 employer businesses here have 5 to 49 employees.

  • The Cincinnati area ranks 2nd of 12 Ohio metro areas for employer businesses.

  • The number of employer businesses grew 3.2% between 2018 and 2023.

  • Real estate and rental makes up 5% of employer businesses in Cincinnati, compared with 5% in Ohio.

  • 21,524 employer businesses here have 5 to 49 employees.

Industry mix

The largest industries by number of employer businesses:

  • Retail: 6,169 employer businesses

  • Health care and social assistance: 5,605 employer businesses

  • Accommodation and food service: 4,958 employer businesses

  • Professional and technical services: 4,913 employer businesses

  • Repair, personal care and other services: 4,833 employer businesses

The largest industries by number of employer businesses:

  • Retail: 6,169 employer businesses

  • Health care and social assistance: 5,605 employer businesses

  • Accommodation and food service: 4,958 employer businesses

  • Professional and technical services: 4,913 employer businesses

  • Repair, personal care and other services: 4,833 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

Every kind of business we sell in Cincinnati

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

4,794 related employer businesses in Cincinnati.

  • General Contracting: 1,217 employer businesses here. Typical sale multiple: 3.0x - 4.5x SDE.

  • Landscaping: 797 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.

  • Plumbing: 631 employer businesses here. Typical sale multiple: 3.5x - 5.0x SDE.

  • HVAC Services: 631 employer businesses here. Typical sale multiple: 4.6x - 7.0x EBITDA.

  • Interior Finishing: 620 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.

  • Electrical: 405 employer businesses here. Typical sale multiple: 4.0x - 8.0x EBITDA.

  • Foundation & Site Prep: 390 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Fleet.

  • Civil Engineering: 365 employer businesses here. Typical sale multiple: 7.0x - 11.0x EBITDA.

  • Roofing & Siding: 184 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.

  • Masonry: 103 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Equipment.

  • Carpentry & Framing: 52 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.

  • Remediation & Restoration: 30 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA.

Restaurants & Food

4,504 related employer businesses in Cincinnati.

Medical Practices

3,152 related employer businesses in Cincinnati.

Financial & Professional Services

2,963 related employer businesses in Cincinnati.

Retail Stores

2,310 related employer businesses in Cincinnati.

Automotive & Boat

1,670 related employer businesses in Cincinnati.

  • Auto Repair: 627 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE.

  • Auto Parts: 344 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE + Inventory.

  • Car Dealerships: 252 employer businesses here. Typical sale multiple: 2x - 8x Blue Sky + Assets.

  • Collision Repair: 225 employer businesses here. Typical sale multiple: 3.5x - 5.0x EBITDA.

  • Car Washes: 136 employer businesses here. Typical sale multiple: 4.5x - 7.0x EBITDA.

  • Towing & Repo: 65 employer businesses here. Typical sale multiple: 3.0x - 4.0x EBITDA + Fleet.

  • Boat Dealerships: 16 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA.

  • Marinas: 5 employer businesses here. Typical sale multiple: Cap Rate or 4.0x - 7.0x EBITDA.

Manufacturing

1,593 related employer businesses in Cincinnati.

Logistics & Transportation

1,480 related employer businesses in Cincinnati.

Wholesale & Distribution

1,322 related employer businesses in Cincinnati.

Gas Stations & Convenience

920 related employer businesses in Cincinnati.

Beauty & Personal Care

888 related employer businesses in Cincinnati.

  • Hair Salons: 545 employer businesses here. Typical sale multiple: 1.25x - 2.34x SDE.

  • Nail Salons: 163 employer businesses here. Typical sale multiple: 1.4x - 1.88x SDE.

  • Day Spas: 147 employer businesses here. Typical sale multiple: 1.8x - 2.8x SDE.

  • Tattoo Shops: 147 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE.

  • Massage Parlors: 147 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE.

  • Barber Shops: 33 employer businesses here. Typical sale multiple: 1.5x - 2.25x SDE.

  • Medical Spas. Typical sale multiple: 2.5x - 4.5x EBITDA.

Home Services

861 related employer businesses in Cincinnati.

Technology & Media

691 related employer businesses in Cincinnati.

Education & Childcare

673 related employer businesses in Cincinnati.

  • Daycare Centers: 611 employer businesses here. Typical sale multiple: 2.39x - 3.35x SDE.

  • Tutoring Centers: 62 employer businesses here. Typical sale multiple: 2.0x - 3.5x SDE.

  • Preschools. Typical sale multiple: 3.12x - 4.0x SDE.

Pharmacies & Medical Supply

655 related employer businesses in Cincinnati.

Entertainment & Recreation

635 related employer businesses in Cincinnati.

  • Bars & Pubs: 386 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.

  • Clubs & Lounges: 386 employer businesses here. Typical sale multiple: 3.0x - 6.0x EBITDA.

  • Outdoor Recreation: 124 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.

  • Golf Courses: 75 employer businesses here. Typical sale multiple: 8.0x - 11.0x EBITDA.

  • Bowling Alleys: 28 employer businesses here. Typical sale multiple: 3.0x - 5.0x EBITDA.

  • Arcades & FECs: 22 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.

Health & Fitness

470 related employer businesses in Cincinnati.

Hospitality & Travel

438 related employer businesses in Cincinnati.

  • Hotels: 268 employer businesses here. Typical sale multiple: 2.6x - 5.1x EBITDA.

  • Motels: 268 employer businesses here. Typical sale multiple: 1.1x - 2.5x SDE.

  • Transportation Services: 129 employer businesses here. Typical sale multiple: 2.0x - 4.1x SDE.

  • Travel Agencies: 29 employer businesses here. Typical sale multiple: 2.3x - 3.2x SDE.

  • Campgrounds & RV Parks: 9 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA.

  • Bed & Breakfasts / Inns: 3 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.

Senior Care & Living

374 related employer businesses in Cincinnati.

Energy & Utilities

252 related employer businesses in Cincinnati.

Pet Services

237 related employer businesses in Cincinnati.

E-commerce & Online Businesses

Land & Agriculture

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

4,794 related employer businesses in Cincinnati.

  • General Contracting: 1,217 employer businesses here. Typical sale multiple: 3.0x - 4.5x SDE.

  • Landscaping: 797 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.

  • Plumbing: 631 employer businesses here. Typical sale multiple: 3.5x - 5.0x SDE.

  • HVAC Services: 631 employer businesses here. Typical sale multiple: 4.6x - 7.0x EBITDA.

  • Interior Finishing: 620 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.

  • Electrical: 405 employer businesses here. Typical sale multiple: 4.0x - 8.0x EBITDA.

  • Foundation & Site Prep: 390 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Fleet.

  • Civil Engineering: 365 employer businesses here. Typical sale multiple: 7.0x - 11.0x EBITDA.

  • Roofing & Siding: 184 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.

  • Masonry: 103 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Equipment.

  • Carpentry & Framing: 52 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.

  • Remediation & Restoration: 30 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA.

Restaurants & Food

4,504 related employer businesses in Cincinnati.

Medical Practices

3,152 related employer businesses in Cincinnati.

Financial & Professional Services

2,963 related employer businesses in Cincinnati.

Retail Stores

2,310 related employer businesses in Cincinnati.

Automotive & Boat

1,670 related employer businesses in Cincinnati.

  • Auto Repair: 627 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE.

  • Auto Parts: 344 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE + Inventory.

  • Car Dealerships: 252 employer businesses here. Typical sale multiple: 2x - 8x Blue Sky + Assets.

  • Collision Repair: 225 employer businesses here. Typical sale multiple: 3.5x - 5.0x EBITDA.

  • Car Washes: 136 employer businesses here. Typical sale multiple: 4.5x - 7.0x EBITDA.

  • Towing & Repo: 65 employer businesses here. Typical sale multiple: 3.0x - 4.0x EBITDA + Fleet.

  • Boat Dealerships: 16 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA.

  • Marinas: 5 employer businesses here. Typical sale multiple: Cap Rate or 4.0x - 7.0x EBITDA.

Manufacturing

1,593 related employer businesses in Cincinnati.

Logistics & Transportation

1,480 related employer businesses in Cincinnati.

Wholesale & Distribution

1,322 related employer businesses in Cincinnati.

Gas Stations & Convenience

920 related employer businesses in Cincinnati.

Beauty & Personal Care

888 related employer businesses in Cincinnati.

  • Hair Salons: 545 employer businesses here. Typical sale multiple: 1.25x - 2.34x SDE.

  • Nail Salons: 163 employer businesses here. Typical sale multiple: 1.4x - 1.88x SDE.

  • Day Spas: 147 employer businesses here. Typical sale multiple: 1.8x - 2.8x SDE.

  • Tattoo Shops: 147 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE.

  • Massage Parlors: 147 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE.

  • Barber Shops: 33 employer businesses here. Typical sale multiple: 1.5x - 2.25x SDE.

  • Medical Spas. Typical sale multiple: 2.5x - 4.5x EBITDA.

Home Services

861 related employer businesses in Cincinnati.

Technology & Media

691 related employer businesses in Cincinnati.

Education & Childcare

673 related employer businesses in Cincinnati.

  • Daycare Centers: 611 employer businesses here. Typical sale multiple: 2.39x - 3.35x SDE.

  • Tutoring Centers: 62 employer businesses here. Typical sale multiple: 2.0x - 3.5x SDE.

  • Preschools. Typical sale multiple: 3.12x - 4.0x SDE.

Pharmacies & Medical Supply

655 related employer businesses in Cincinnati.

Entertainment & Recreation

635 related employer businesses in Cincinnati.

  • Bars & Pubs: 386 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.

  • Clubs & Lounges: 386 employer businesses here. Typical sale multiple: 3.0x - 6.0x EBITDA.

  • Outdoor Recreation: 124 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.

  • Golf Courses: 75 employer businesses here. Typical sale multiple: 8.0x - 11.0x EBITDA.

  • Bowling Alleys: 28 employer businesses here. Typical sale multiple: 3.0x - 5.0x EBITDA.

  • Arcades & FECs: 22 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.

Health & Fitness

470 related employer businesses in Cincinnati.

Hospitality & Travel

438 related employer businesses in Cincinnati.

  • Hotels: 268 employer businesses here. Typical sale multiple: 2.6x - 5.1x EBITDA.

  • Motels: 268 employer businesses here. Typical sale multiple: 1.1x - 2.5x SDE.

  • Transportation Services: 129 employer businesses here. Typical sale multiple: 2.0x - 4.1x SDE.

  • Travel Agencies: 29 employer businesses here. Typical sale multiple: 2.3x - 3.2x SDE.

  • Campgrounds & RV Parks: 9 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA.

  • Bed & Breakfasts / Inns: 3 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.

Senior Care & Living

374 related employer businesses in Cincinnati.

Energy & Utilities

252 related employer businesses in Cincinnati.

Pet Services

237 related employer businesses in Cincinnati.

E-commerce & Online Businesses

Land & Agriculture

Counties in this metro area

Working with owners in Cincinnati

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

FREQUENTLY ASKED QUESTIONS

Questions owners in Cincinnati ask

How long does it take to sell a business in Cincinnati?

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 Cincinnati?

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 Cincinnati

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