Selling a Business in Fort Wayne

Owners in the Fort Wayne area sell to local buyers and to buyers from other markets. The area has 11,053 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

Fort Wayne by the numbers

11,053

11,053

EMPLOYER BUSINESSES

81%

81%

SMALL EMPLOYER SHARE

34,109

34,109

BUSINESSES WITH NO EMPLOYEES

213,456

213,456

EMPLOYMENT

$11.9 billion

$11.9 billion

ANNUAL PAYROLL

4,990

4,990

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 Fort Wayne compares

  • The Fort Wayne area ranks 2nd of 12 Indiana metro areas for employer businesses.

  • The number of employer businesses grew 4.3% between 2018 and 2023.

  • Wholesale makes up 5% of employer businesses in Fort Wayne, compared with 5% in Indiana.

  • 4,990 employer businesses here have 5 to 49 employees.

  • The Fort Wayne area ranks 2nd of 12 Indiana metro areas for employer businesses.

  • The number of employer businesses grew 4.3% between 2018 and 2023.

  • Wholesale makes up 5% of employer businesses in Fort Wayne, compared with 5% in Indiana.

  • 4,990 employer businesses here have 5 to 49 employees.

Industry mix

The largest industries by number of employer businesses:

  • Retail: 1,389 employer businesses

  • Health care and social assistance: 1,340 employer businesses

  • Repair, personal care and other services: 1,205 employer businesses

  • Construction: 1,151 employer businesses

  • Accommodation and food service: 938 employer businesses

The largest industries by number of employer businesses:

  • Retail: 1,389 employer businesses

  • Health care and social assistance: 1,340 employer businesses

  • Repair, personal care and other services: 1,205 employer businesses

  • Construction: 1,151 employer businesses

  • Accommodation and food service: 938 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 Fort Wayne

We sell businesses in every one of these industries in Fort Wayne. 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

1,285 related employer businesses in Fort Wayne.

  • General Contracting: 347 employer businesses here. Typical sale multiple: 3.0x - 4.5x SDE.

  • Landscaping: 189 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.

  • Plumbing: 162 employer businesses here. Typical sale multiple: 3.5x - 5.0x SDE.

  • HVAC Services: 162 employer businesses here. Typical sale multiple: 4.6x - 7.0x EBITDA.

  • Interior Finishing: 157 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.

  • Electrical: 109 employer businesses here. Typical sale multiple: 4.0x - 8.0x EBITDA.

  • Foundation & Site Prep: 103 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Fleet.

  • Civil Engineering: 78 employer businesses here. Typical sale multiple: 7.0x - 11.0x EBITDA.

  • Roofing & Siding: 73 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.

  • Carpentry & Framing: 42 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.

  • Masonry: 21 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Equipment.

  • Remediation & Restoration: 4 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA.

Restaurants & Food

844 related employer businesses in Fort Wayne.

Financial & Professional Services

780 related employer businesses in Fort Wayne.

Medical Practices

730 related employer businesses in Fort Wayne.

Retail Stores

569 related employer businesses in Fort Wayne.

Automotive & Boat

435 related employer businesses in Fort Wayne.

  • Auto Repair: 173 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE.

  • Car Dealerships: 96 employer businesses here. Typical sale multiple: 2x - 8x Blue Sky + Assets.

  • Auto Parts: 81 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE + Inventory.

  • Collision Repair: 49 employer businesses here. Typical sale multiple: 3.5x - 5.0x EBITDA.

  • Car Washes: 25 employer businesses here. Typical sale multiple: 4.5x - 7.0x EBITDA.

  • Towing & Repo: 8 employer businesses here. Typical sale multiple: 3.0x - 4.0x EBITDA + Fleet.

  • Boat Dealerships: 3 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA.

Manufacturing

430 related employer businesses in Fort Wayne.

Logistics & Transportation

389 related employer businesses in Fort Wayne.

Wholesale & Distribution

297 related employer businesses in Fort Wayne.

Beauty & Personal Care

193 related employer businesses in Fort Wayne.

  • Hair Salons: 119 employer businesses here. Typical sale multiple: 1.25x - 2.34x SDE.

  • Day Spas: 45 employer businesses here. Typical sale multiple: 1.8x - 2.8x SDE.

  • Tattoo Shops: 45 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE.

  • Massage Parlors: 45 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE.

  • Barber Shops: 17 employer businesses here. Typical sale multiple: 1.5x - 2.25x SDE.

  • Nail Salons: 12 employer businesses here. Typical sale multiple: 1.4x - 1.88x SDE.

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

Home Services

193 related employer businesses in Fort Wayne.

Gas Stations & Convenience

183 related employer businesses in Fort Wayne.

Pharmacies & Medical Supply

133 related employer businesses in Fort Wayne.

Technology & Media

131 related employer businesses in Fort Wayne.

Entertainment & Recreation

120 related employer businesses in Fort Wayne.

  • Bars & Pubs: 59 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.

  • Clubs & Lounges: 59 employer businesses here. Typical sale multiple: 3.0x - 6.0x EBITDA.

  • Outdoor Recreation: 29 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.

  • Golf Courses: 15 employer businesses here. Typical sale multiple: 8.0x - 11.0x EBITDA.

  • Arcades & FECs: 9 employer businesses here. Typical sale multiple: 2.1x - 3.6x SDE.

  • Bowling Alleys: 8 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.

Health & Fitness

96 related employer businesses in Fort Wayne.

Hospitality & Travel

95 related employer businesses in Fort Wayne.

  • Hotels: 71 employer businesses here. Typical sale multiple: 2.6x - 5.1x EBITDA.

  • Motels: 71 employer businesses here. Typical sale multiple: 1.1x - 2.5x SDE.

  • Transportation Services: 14 employer businesses here. Typical sale multiple: 2.0x - 4.1x SDE.

  • Travel Agencies: 7 employer businesses here. Typical sale multiple: 2.3x - 3.2x SDE.

  • Campgrounds & RV Parks: 3 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA.

Senior Care & Living

94 related employer businesses in Fort Wayne.

Education & Childcare

93 related employer businesses in Fort Wayne.

  • Daycare Centers: 82 employer businesses here. Typical sale multiple: 2.39x - 3.35x SDE.

  • Tutoring Centers: 11 employer businesses here. Typical sale multiple: 2.0x - 3.5x SDE.

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

Energy & Utilities

65 related employer businesses in Fort Wayne.

Pet Services

50 related employer businesses in Fort Wayne.

E-commerce & Online Businesses

Land & Agriculture

We sell businesses in every one of these industries in Fort Wayne. 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

1,285 related employer businesses in Fort Wayne.

  • General Contracting: 347 employer businesses here. Typical sale multiple: 3.0x - 4.5x SDE.

  • Landscaping: 189 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.

  • Plumbing: 162 employer businesses here. Typical sale multiple: 3.5x - 5.0x SDE.

  • HVAC Services: 162 employer businesses here. Typical sale multiple: 4.6x - 7.0x EBITDA.

  • Interior Finishing: 157 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.

  • Electrical: 109 employer businesses here. Typical sale multiple: 4.0x - 8.0x EBITDA.

  • Foundation & Site Prep: 103 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Fleet.

  • Civil Engineering: 78 employer businesses here. Typical sale multiple: 7.0x - 11.0x EBITDA.

  • Roofing & Siding: 73 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.

  • Carpentry & Framing: 42 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.

  • Masonry: 21 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Equipment.

  • Remediation & Restoration: 4 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA.

Restaurants & Food

844 related employer businesses in Fort Wayne.

Financial & Professional Services

780 related employer businesses in Fort Wayne.

Medical Practices

730 related employer businesses in Fort Wayne.

Retail Stores

569 related employer businesses in Fort Wayne.

Automotive & Boat

435 related employer businesses in Fort Wayne.

  • Auto Repair: 173 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE.

  • Car Dealerships: 96 employer businesses here. Typical sale multiple: 2x - 8x Blue Sky + Assets.

  • Auto Parts: 81 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE + Inventory.

  • Collision Repair: 49 employer businesses here. Typical sale multiple: 3.5x - 5.0x EBITDA.

  • Car Washes: 25 employer businesses here. Typical sale multiple: 4.5x - 7.0x EBITDA.

  • Towing & Repo: 8 employer businesses here. Typical sale multiple: 3.0x - 4.0x EBITDA + Fleet.

  • Boat Dealerships: 3 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA.

Manufacturing

430 related employer businesses in Fort Wayne.

Logistics & Transportation

389 related employer businesses in Fort Wayne.

Wholesale & Distribution

297 related employer businesses in Fort Wayne.

Beauty & Personal Care

193 related employer businesses in Fort Wayne.

  • Hair Salons: 119 employer businesses here. Typical sale multiple: 1.25x - 2.34x SDE.

  • Day Spas: 45 employer businesses here. Typical sale multiple: 1.8x - 2.8x SDE.

  • Tattoo Shops: 45 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE.

  • Massage Parlors: 45 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE.

  • Barber Shops: 17 employer businesses here. Typical sale multiple: 1.5x - 2.25x SDE.

  • Nail Salons: 12 employer businesses here. Typical sale multiple: 1.4x - 1.88x SDE.

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

Home Services

193 related employer businesses in Fort Wayne.

Gas Stations & Convenience

183 related employer businesses in Fort Wayne.

Pharmacies & Medical Supply

133 related employer businesses in Fort Wayne.

Technology & Media

131 related employer businesses in Fort Wayne.

Entertainment & Recreation

120 related employer businesses in Fort Wayne.

  • Bars & Pubs: 59 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.

  • Clubs & Lounges: 59 employer businesses here. Typical sale multiple: 3.0x - 6.0x EBITDA.

  • Outdoor Recreation: 29 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.

  • Golf Courses: 15 employer businesses here. Typical sale multiple: 8.0x - 11.0x EBITDA.

  • Arcades & FECs: 9 employer businesses here. Typical sale multiple: 2.1x - 3.6x SDE.

  • Bowling Alleys: 8 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.

Health & Fitness

96 related employer businesses in Fort Wayne.

Hospitality & Travel

95 related employer businesses in Fort Wayne.

  • Hotels: 71 employer businesses here. Typical sale multiple: 2.6x - 5.1x EBITDA.

  • Motels: 71 employer businesses here. Typical sale multiple: 1.1x - 2.5x SDE.

  • Transportation Services: 14 employer businesses here. Typical sale multiple: 2.0x - 4.1x SDE.

  • Travel Agencies: 7 employer businesses here. Typical sale multiple: 2.3x - 3.2x SDE.

  • Campgrounds & RV Parks: 3 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA.

Senior Care & Living

94 related employer businesses in Fort Wayne.

Education & Childcare

93 related employer businesses in Fort Wayne.

  • Daycare Centers: 82 employer businesses here. Typical sale multiple: 2.39x - 3.35x SDE.

  • Tutoring Centers: 11 employer businesses here. Typical sale multiple: 2.0x - 3.5x SDE.

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

Energy & Utilities

65 related employer businesses in Fort Wayne.

Pet Services

50 related employer businesses in Fort Wayne.

E-commerce & Online Businesses

Land & Agriculture

Counties in this metro area

Working with owners in Fort Wayne

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

FREQUENTLY ASKED QUESTIONS

Questions owners in Fort Wayne ask

How long does it take to sell a business in Fort Wayne?

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 Fort Wayne?

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 Fort Wayne

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