Selling a Business in Dubuque

Owners in the Dubuque area sell to local buyers and to buyers from other markets. The area has 2,804 employer businesses, and 82% of them have fewer than 20 employees. This page shows what is here and how a sale is handled.

LOCAL SNAPSHOT

Dubuque by the numbers

2,804

2,804

EMPLOYER BUSINESSES

82%

82%

SMALL EMPLOYER SHARE

7,122

7,122

BUSINESSES WITH NO EMPLOYEES

56,357

56,357

EMPLOYMENT

$3.1 billion

$3.1 billion

ANNUAL PAYROLL

1,227

1,227

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 Dubuque compares

  • The Dubuque area ranks 7th of 8 Iowa metro areas for employer businesses.

  • The number of employer businesses grew 0.8% between 2018 and 2023.

  • Manufacturing makes up 6% of employer businesses in Dubuque, compared with 4% in Iowa.

  • 1,227 employer businesses here have 5 to 49 employees.

  • The Dubuque area ranks 7th of 8 Iowa metro areas for employer businesses.

  • The number of employer businesses grew 0.8% between 2018 and 2023.

  • Manufacturing makes up 6% of employer businesses in Dubuque, compared with 4% in Iowa.

  • 1,227 employer businesses here have 5 to 49 employees.

Industry mix

The largest industries by number of employer businesses:

  • Retail: 387 employer businesses

  • Health care and social assistance: 342 employer businesses

  • Construction: 312 employer businesses

  • Repair, personal care and other services: 264 employer businesses

  • Accommodation and food service: 239 employer businesses

The largest industries by number of employer businesses:

  • Retail: 387 employer businesses

  • Health care and social assistance: 342 employer businesses

  • Construction: 312 employer businesses

  • Repair, personal care and other services: 264 employer businesses

  • Accommodation and food service: 239 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 Dubuque

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

328 related employer businesses in Dubuque.

  • General Contracting: 85 employer businesses here. Typical sale multiple: 3.0x - 4.5x SDE.

  • Foundation & Site Prep: 52 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Fleet.

  • Landscaping: 48 employer businesses here. Typical sale multiple: 3.0x - 5.0x 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.

  • Interior Finishing: 38 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.

  • Electrical: 22 employer businesses here. Typical sale multiple: 4.0x - 8.0x EBITDA.

  • Roofing & Siding: 14 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.

  • Civil Engineering: 13 employer businesses here. Typical sale multiple: 7.0x - 11.0x EBITDA.

  • Carpentry & Framing: 8 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.

  • Masonry: 8 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Equipment.

Restaurants & Food

187 related employer businesses in Dubuque.

Retail Stores

173 related employer businesses in Dubuque.

Financial & Professional Services

163 related employer businesses in Dubuque.

Medical Practices

155 related employer businesses in Dubuque.

Manufacturing

131 related employer businesses in Dubuque.

Automotive & Boat

119 related employer businesses in Dubuque.

  • Auto Repair: 47 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE.

  • Auto Parts: 20 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE + Inventory.

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

  • Collision Repair: 17 employer businesses here. Typical sale multiple: 3.5x - 5.0x EBITDA.

  • Car Washes: 10 employer businesses here. Typical sale multiple: 4.5x - 7.0x EBITDA.

  • Towing & Repo: 5 employer businesses here. Typical sale multiple: 3.0x - 4.0x EBITDA + Fleet.

Logistics & Transportation

116 related employer businesses in Dubuque.

Wholesale & Distribution

65 related employer businesses in Dubuque.

Gas Stations & Convenience

51 related employer businesses in Dubuque.

Beauty & Personal Care

46 related employer businesses in Dubuque.

  • Hair Salons: 29 employer businesses here. Typical sale multiple: 1.25x - 2.34x SDE.

  • Day Spas: 12 employer businesses here. Typical sale multiple: 1.8x - 2.8x SDE.

  • Tattoo Shops: 12 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE.

  • Massage Parlors: 12 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE.

  • Nail Salons: 5 employer businesses here. Typical sale multiple: 1.4x - 1.88x SDE.

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

Home Services

44 related employer businesses in Dubuque.

Entertainment & Recreation

39 related employer businesses in Dubuque.

  • Bars & Pubs: 28 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.

  • Clubs & Lounges: 28 employer businesses here. Typical sale multiple: 3.0x - 6.0x EBITDA.

  • Outdoor Recreation: 6 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.

  • Golf Courses: 5 employer businesses here. Typical sale multiple: 8.0x - 11.0x 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.

Technology & Media

32 related employer businesses in Dubuque.

Hospitality & Travel

31 related employer businesses in Dubuque.

  • Hotels: 26 employer businesses here. Typical sale multiple: 2.6x - 5.1x EBITDA.

  • Motels: 26 employer businesses here. Typical sale multiple: 1.1x - 2.5x SDE.

  • Transportation Services: 5 employer businesses here. Typical sale multiple: 2.0x - 4.1x SDE.

Education & Childcare

29 related employer businesses in Dubuque.

  • Daycare Centers: 29 employer businesses here. Typical sale multiple: 2.39x - 3.35x SDE.

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

Pharmacies & Medical Supply

29 related employer businesses in Dubuque.

Health & Fitness

19 related employer businesses in Dubuque.

Energy & Utilities

17 related employer businesses in Dubuque.

Senior Care & Living

15 related employer businesses in Dubuque.

Pet Services

12 related employer businesses in Dubuque.

E-commerce & Online Businesses

Land & Agriculture

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

328 related employer businesses in Dubuque.

  • General Contracting: 85 employer businesses here. Typical sale multiple: 3.0x - 4.5x SDE.

  • Foundation & Site Prep: 52 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Fleet.

  • Landscaping: 48 employer businesses here. Typical sale multiple: 3.0x - 5.0x 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.

  • Interior Finishing: 38 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.

  • Electrical: 22 employer businesses here. Typical sale multiple: 4.0x - 8.0x EBITDA.

  • Roofing & Siding: 14 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.

  • Civil Engineering: 13 employer businesses here. Typical sale multiple: 7.0x - 11.0x EBITDA.

  • Carpentry & Framing: 8 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.

  • Masonry: 8 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Equipment.

Restaurants & Food

187 related employer businesses in Dubuque.

Retail Stores

173 related employer businesses in Dubuque.

Financial & Professional Services

163 related employer businesses in Dubuque.

Medical Practices

155 related employer businesses in Dubuque.

Manufacturing

131 related employer businesses in Dubuque.

Automotive & Boat

119 related employer businesses in Dubuque.

  • Auto Repair: 47 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE.

  • Auto Parts: 20 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE + Inventory.

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

  • Collision Repair: 17 employer businesses here. Typical sale multiple: 3.5x - 5.0x EBITDA.

  • Car Washes: 10 employer businesses here. Typical sale multiple: 4.5x - 7.0x EBITDA.

  • Towing & Repo: 5 employer businesses here. Typical sale multiple: 3.0x - 4.0x EBITDA + Fleet.

Logistics & Transportation

116 related employer businesses in Dubuque.

Wholesale & Distribution

65 related employer businesses in Dubuque.

Gas Stations & Convenience

51 related employer businesses in Dubuque.

Beauty & Personal Care

46 related employer businesses in Dubuque.

  • Hair Salons: 29 employer businesses here. Typical sale multiple: 1.25x - 2.34x SDE.

  • Day Spas: 12 employer businesses here. Typical sale multiple: 1.8x - 2.8x SDE.

  • Tattoo Shops: 12 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE.

  • Massage Parlors: 12 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE.

  • Nail Salons: 5 employer businesses here. Typical sale multiple: 1.4x - 1.88x SDE.

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

Home Services

44 related employer businesses in Dubuque.

Entertainment & Recreation

39 related employer businesses in Dubuque.

  • Bars & Pubs: 28 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.

  • Clubs & Lounges: 28 employer businesses here. Typical sale multiple: 3.0x - 6.0x EBITDA.

  • Outdoor Recreation: 6 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.

  • Golf Courses: 5 employer businesses here. Typical sale multiple: 8.0x - 11.0x 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.

Technology & Media

32 related employer businesses in Dubuque.

Hospitality & Travel

31 related employer businesses in Dubuque.

  • Hotels: 26 employer businesses here. Typical sale multiple: 2.6x - 5.1x EBITDA.

  • Motels: 26 employer businesses here. Typical sale multiple: 1.1x - 2.5x SDE.

  • Transportation Services: 5 employer businesses here. Typical sale multiple: 2.0x - 4.1x SDE.

Education & Childcare

29 related employer businesses in Dubuque.

  • Daycare Centers: 29 employer businesses here. Typical sale multiple: 2.39x - 3.35x SDE.

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

Pharmacies & Medical Supply

29 related employer businesses in Dubuque.

Health & Fitness

19 related employer businesses in Dubuque.

Energy & Utilities

17 related employer businesses in Dubuque.

Senior Care & Living

15 related employer businesses in Dubuque.

Pet Services

12 related employer businesses in Dubuque.

E-commerce & Online Businesses

Land & Agriculture

Counties in this metro area

Working with owners in Dubuque

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

FREQUENTLY ASKED QUESTIONS

Questions owners in Dubuque ask

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

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 Dubuque?

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 Dubuque

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