Home

/

/

/

Colorado Springs

Selling a Business in Colorado Springs

Owners in the Colorado Springs area sell to local buyers and to buyers from other markets. The area has 19,676 employer businesses, and 87% of them have fewer than 20 employees. This page shows what is here and how a sale is handled.

LOCAL SNAPSHOT

Colorado Springs by the numbers

19,676

19,676

EMPLOYER BUSINESSES

87%

87%

SMALL EMPLOYER SHARE

70,882

70,882

BUSINESSES WITH NO EMPLOYEES

274,019

274,019

EMPLOYMENT

$16.3 billion

$16.3 billion

ANNUAL PAYROLL

7,142

7,142

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 Colorado Springs compares

  • The Colorado Springs area ranks 2nd of 7 Colorado metro areas for employer businesses.

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

  • Health care and social assistance makes up 13% of employer businesses in Colorado Springs, compared with 11% in Colorado.

  • 7,142 employer businesses here have 5 to 49 employees.

  • The Colorado Springs area ranks 2nd of 7 Colorado metro areas for employer businesses.

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

  • Health care and social assistance makes up 13% of employer businesses in Colorado Springs, compared with 11% in Colorado.

  • 7,142 employer businesses here have 5 to 49 employees.

Industry mix

The largest industries by number of employer businesses:

  • Professional and technical services: 2,783 employer businesses

  • Health care and social assistance: 2,478 employer businesses

  • Construction: 2,129 employer businesses

  • Retail: 2,075 employer businesses

  • Repair, personal care and other services: 2,007 employer businesses

The largest industries by number of employer businesses:

  • Professional and technical services: 2,783 employer businesses

  • Health care and social assistance: 2,478 employer businesses

  • Construction: 2,129 employer businesses

  • Retail: 2,075 employer businesses

  • Repair, personal care and other services: 2,007 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 Colorado Springs

We sell businesses in every one of these industries in Colorado Springs. 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

2,426 related employer businesses in Colorado Springs.

  • General Contracting: 597 employer businesses here. Typical sale multiple: 3.0x - 4.5x SDE.

  • Interior Finishing: 358 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.

  • Civil Engineering: 276 employer businesses here. Typical sale multiple: 7.0x - 11.0x EBITDA.

  • Plumbing: 270 employer businesses here. Typical sale multiple: 3.5x - 5.0x SDE.

  • HVAC Services: 270 employer businesses here. Typical sale multiple: 4.6x - 7.0x EBITDA.

  • Landscaping: 268 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.

  • Electrical: 222 employer businesses here. Typical sale multiple: 4.0x - 8.0x EBITDA.

  • Foundation & Site Prep: 183 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Fleet.

  • Roofing & Siding: 136 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.

  • Carpentry & Framing: 50 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.

  • Masonry: 41 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Equipment.

  • Remediation & Restoration: 25 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA.

Financial & Professional Services

2,035 related employer businesses in Colorado Springs.

Medical Practices

1,558 related employer businesses in Colorado Springs.

Restaurants & Food

1,543 related employer businesses in Colorado Springs.

Retail Stores

755 related employer businesses in Colorado Springs.

Automotive & Boat

656 related employer businesses in Colorado Springs.

  • Auto Repair: 261 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE.

  • Collision Repair: 125 employer businesses here. Typical sale multiple: 3.5x - 5.0x EBITDA.

  • Auto Parts: 109 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE + Inventory.

  • Car Dealerships: 83 employer businesses here. Typical sale multiple: 2x - 8x Blue Sky + Assets.

  • Car Washes: 59 employer businesses here. Typical sale multiple: 4.5x - 7.0x EBITDA.

  • Towing & Repo: 19 employer businesses here. Typical sale multiple: 3.0x - 4.0x EBITDA + Fleet.

Beauty & Personal Care

456 related employer businesses in Colorado Springs.

  • Hair Salons: 236 employer businesses here. Typical sale multiple: 1.25x - 2.34x SDE.

  • Day Spas: 102 employer businesses here. Typical sale multiple: 1.8x - 2.8x SDE.

  • Tattoo Shops: 102 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE.

  • Massage Parlors: 102 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE.

  • Nail Salons: 88 employer businesses here. Typical sale multiple: 1.4x - 1.88x SDE.

  • Barber Shops: 30 employer businesses here. Typical sale multiple: 1.5x - 2.25x SDE.

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

Home Services

419 related employer businesses in Colorado Springs.

Manufacturing

371 related employer businesses in Colorado Springs.

Logistics & Transportation

349 related employer businesses in Colorado Springs.

Technology & Media

288 related employer businesses in Colorado Springs.

Wholesale & Distribution

266 related employer businesses in Colorado Springs.

Gas Stations & Convenience

236 related employer businesses in Colorado Springs.

Education & Childcare

205 related employer businesses in Colorado Springs.

  • Daycare Centers: 174 employer businesses here. Typical sale multiple: 2.39x - 3.35x SDE.

  • Tutoring Centers: 31 employer businesses here. Typical sale multiple: 2.0x - 3.5x SDE.

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

Entertainment & Recreation

193 related employer businesses in Colorado Springs.

  • Bars & Pubs: 99 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.

  • Clubs & Lounges: 99 employer businesses here. Typical sale multiple: 3.0x - 6.0x EBITDA.

  • Outdoor Recreation: 72 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.

  • Arcades & FECs: 11 employer businesses here. Typical sale multiple: 2.1x - 3.6x SDE.

  • Golf Courses: 6 employer businesses here. Typical sale multiple: 8.0x - 11.0x EBITDA.

  • Bowling Alleys: 5 employer businesses here. Typical sale multiple: 3.0x - 5.0x EBITDA.

  • 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

179 related employer businesses in Colorado Springs.

  • Hotels: 130 employer businesses here. Typical sale multiple: 2.6x - 5.1x EBITDA.

  • Motels: 130 employer businesses here. Typical sale multiple: 1.1x - 2.5x SDE.

  • Transportation Services: 20 employer businesses here. Typical sale multiple: 2.0x - 4.1x SDE.

  • Campgrounds & RV Parks: 13 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA.

  • Travel Agencies: 12 employer businesses here. Typical sale multiple: 2.3x - 3.2x SDE.

  • Bed & Breakfasts / Inns: 4 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.

Pharmacies & Medical Supply

173 related employer businesses in Colorado Springs.

Health & Fitness

147 related employer businesses in Colorado Springs.

Senior Care & Living

143 related employer businesses in Colorado Springs.

Pet Services

131 related employer businesses in Colorado Springs.

Energy & Utilities

105 related employer businesses in Colorado Springs.

E-commerce & Online Businesses

Land & Agriculture

We sell businesses in every one of these industries in Colorado Springs. 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

2,426 related employer businesses in Colorado Springs.

  • General Contracting: 597 employer businesses here. Typical sale multiple: 3.0x - 4.5x SDE.

  • Interior Finishing: 358 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.

  • Civil Engineering: 276 employer businesses here. Typical sale multiple: 7.0x - 11.0x EBITDA.

  • Plumbing: 270 employer businesses here. Typical sale multiple: 3.5x - 5.0x SDE.

  • HVAC Services: 270 employer businesses here. Typical sale multiple: 4.6x - 7.0x EBITDA.

  • Landscaping: 268 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.

  • Electrical: 222 employer businesses here. Typical sale multiple: 4.0x - 8.0x EBITDA.

  • Foundation & Site Prep: 183 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Fleet.

  • Roofing & Siding: 136 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.

  • Carpentry & Framing: 50 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.

  • Masonry: 41 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Equipment.

  • Remediation & Restoration: 25 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA.

Financial & Professional Services

2,035 related employer businesses in Colorado Springs.

Medical Practices

1,558 related employer businesses in Colorado Springs.

Restaurants & Food

1,543 related employer businesses in Colorado Springs.

Retail Stores

755 related employer businesses in Colorado Springs.

Automotive & Boat

656 related employer businesses in Colorado Springs.

  • Auto Repair: 261 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE.

  • Collision Repair: 125 employer businesses here. Typical sale multiple: 3.5x - 5.0x EBITDA.

  • Auto Parts: 109 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE + Inventory.

  • Car Dealerships: 83 employer businesses here. Typical sale multiple: 2x - 8x Blue Sky + Assets.

  • Car Washes: 59 employer businesses here. Typical sale multiple: 4.5x - 7.0x EBITDA.

  • Towing & Repo: 19 employer businesses here. Typical sale multiple: 3.0x - 4.0x EBITDA + Fleet.

Beauty & Personal Care

456 related employer businesses in Colorado Springs.

  • Hair Salons: 236 employer businesses here. Typical sale multiple: 1.25x - 2.34x SDE.

  • Day Spas: 102 employer businesses here. Typical sale multiple: 1.8x - 2.8x SDE.

  • Tattoo Shops: 102 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE.

  • Massage Parlors: 102 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE.

  • Nail Salons: 88 employer businesses here. Typical sale multiple: 1.4x - 1.88x SDE.

  • Barber Shops: 30 employer businesses here. Typical sale multiple: 1.5x - 2.25x SDE.

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

Home Services

419 related employer businesses in Colorado Springs.

Manufacturing

371 related employer businesses in Colorado Springs.

Logistics & Transportation

349 related employer businesses in Colorado Springs.

Technology & Media

288 related employer businesses in Colorado Springs.

Wholesale & Distribution

266 related employer businesses in Colorado Springs.

Gas Stations & Convenience

236 related employer businesses in Colorado Springs.

Education & Childcare

205 related employer businesses in Colorado Springs.

  • Daycare Centers: 174 employer businesses here. Typical sale multiple: 2.39x - 3.35x SDE.

  • Tutoring Centers: 31 employer businesses here. Typical sale multiple: 2.0x - 3.5x SDE.

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

Entertainment & Recreation

193 related employer businesses in Colorado Springs.

  • Bars & Pubs: 99 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.

  • Clubs & Lounges: 99 employer businesses here. Typical sale multiple: 3.0x - 6.0x EBITDA.

  • Outdoor Recreation: 72 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.

  • Arcades & FECs: 11 employer businesses here. Typical sale multiple: 2.1x - 3.6x SDE.

  • Golf Courses: 6 employer businesses here. Typical sale multiple: 8.0x - 11.0x EBITDA.

  • Bowling Alleys: 5 employer businesses here. Typical sale multiple: 3.0x - 5.0x EBITDA.

  • 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

179 related employer businesses in Colorado Springs.

  • Hotels: 130 employer businesses here. Typical sale multiple: 2.6x - 5.1x EBITDA.

  • Motels: 130 employer businesses here. Typical sale multiple: 1.1x - 2.5x SDE.

  • Transportation Services: 20 employer businesses here. Typical sale multiple: 2.0x - 4.1x SDE.

  • Campgrounds & RV Parks: 13 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA.

  • Travel Agencies: 12 employer businesses here. Typical sale multiple: 2.3x - 3.2x SDE.

  • Bed & Breakfasts / Inns: 4 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.

Pharmacies & Medical Supply

173 related employer businesses in Colorado Springs.

Health & Fitness

147 related employer businesses in Colorado Springs.

Senior Care & Living

143 related employer businesses in Colorado Springs.

Pet Services

131 related employer businesses in Colorado Springs.

Energy & Utilities

105 related employer businesses in Colorado Springs.

E-commerce & Online Businesses

Land & Agriculture

Counties in this metro area

Working with owners in Colorado Springs

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

FREQUENTLY ASKED QUESTIONS

Questions owners in Colorado Springs ask

How long does it take to sell a business in Colorado Springs?

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 Colorado Springs?

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 Colorado Springs

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