Selling a Business in Gadsden

Owners in the Gadsden area sell to local buyers and to buyers from other markets. The area has 1,954 employer businesses, and 85% of them have fewer than 20 employees. This page shows what is here and how a sale is handled.

LOCAL SNAPSHOT

Gadsden by the numbers

1,954

1,954

EMPLOYER BUSINESSES

85%

85%

SMALL EMPLOYER SHARE

8,601

8,601

BUSINESSES WITH NO EMPLOYEES

28,155

28,155

EMPLOYMENT

$1.2 billion

$1.2 billion

ANNUAL PAYROLL

951

951

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 Gadsden compares

  • The Gadsden area ranks 12th of 12 Alabama metro areas for employer businesses.

  • The number of employer businesses grew 0.9% between 2018 and 2023.

  • Health care and social assistance makes up 15% of employer businesses in Gadsden, compared with 11% in Alabama.

  • 951 employer businesses here have 5 to 49 employees.

  • The Gadsden area ranks 12th of 12 Alabama metro areas for employer businesses.

  • The number of employer businesses grew 0.9% between 2018 and 2023.

  • Health care and social assistance makes up 15% of employer businesses in Gadsden, compared with 11% in Alabama.

  • 951 employer businesses here have 5 to 49 employees.

Industry mix

The largest industries by number of employer businesses:

  • Retail: 379 employer businesses

  • Health care and social assistance: 299 employer businesses

  • Repair, personal care and other services: 235 employer businesses

  • Accommodation and food service: 196 employer businesses

  • Finance and insurance: 141 employer businesses

The largest industries by number of employer businesses:

  • Retail: 379 employer businesses

  • Health care and social assistance: 299 employer businesses

  • Repair, personal care and other services: 235 employer businesses

  • Accommodation and food service: 196 employer businesses

  • Finance and insurance: 141 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 Gadsden

Retail, health care and social assistance, repair, personal care and other services, accommodation and food service

Every kind of business we sell in Gadsden

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

Restaurants & Food

194 related employer businesses in Gadsden.

Medical Practices

176 related employer businesses in Gadsden.

Construction & Engineering

137 related employer businesses in Gadsden.

  • Plumbing: 35 employer businesses here. Typical sale multiple: 3.5x - 5.0x SDE.

  • HVAC Services: 35 employer businesses here. Typical sale multiple: 4.6x - 7.0x EBITDA.

  • Electrical: 27 employer businesses here. Typical sale multiple: 4.0x - 8.0x EBITDA.

  • General Contracting: 22 employer businesses here. Typical sale multiple: 3.0x - 4.5x SDE.

  • Landscaping: 20 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.

  • Interior Finishing: 12 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.

  • Foundation & Site Prep: 11 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Fleet.

  • Civil Engineering: 7 employer businesses here. Typical sale multiple: 7.0x - 11.0x EBITDA.

  • Roofing & Siding: 3 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.

Retail Stores

128 related employer businesses in Gadsden.

Financial & Professional Services

117 related employer businesses in Gadsden.

Automotive & Boat

87 related employer businesses in Gadsden.

  • Car Dealerships: 27 employer businesses here. Typical sale multiple: 2x - 8x Blue Sky + Assets.

  • Auto Repair: 23 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE.

  • Auto Parts: 18 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE + Inventory.

  • Collision Repair: 9 employer businesses here. Typical sale multiple: 3.5x - 5.0x EBITDA.

  • Car Washes: 7 employer businesses here. Typical sale multiple: 4.5x - 7.0x EBITDA.

  • Towing & Repo: 3 employer businesses here. Typical sale multiple: 3.0x - 4.0x EBITDA + Fleet.

Gas Stations & Convenience

74 related employer businesses in Gadsden.

Manufacturing

62 related employer businesses in Gadsden.

Pharmacies & Medical Supply

49 related employer businesses in Gadsden.

Logistics & Transportation

46 related employer businesses in Gadsden.

Wholesale & Distribution

28 related employer businesses in Gadsden.

Home Services

24 related employer businesses in Gadsden.

Education & Childcare

19 related employer businesses in Gadsden.

  • Daycare Centers: 19 employer businesses here. Typical sale multiple: 2.39x - 3.35x SDE.

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

Beauty & Personal Care

16 related employer businesses in Gadsden.

  • Hair Salons: 8 employer businesses here. Typical sale multiple: 1.25x - 2.34x SDE.

  • Day Spas: 4 employer businesses here. Typical sale multiple: 1.8x - 2.8x SDE.

  • Nail Salons: 4 employer businesses here. Typical sale multiple: 1.4x - 1.88x SDE.

  • Tattoo Shops: 4 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE.

  • Massage Parlors: 4 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE.

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

Health & Fitness

15 related employer businesses in Gadsden.

Hospitality & Travel

14 related employer businesses in Gadsden.

  • Hotels: 14 employer businesses here. Typical sale multiple: 2.6x - 5.1x EBITDA.

  • Motels: 14 employer businesses here. Typical sale multiple: 1.1x - 2.5x SDE.

Senior Care & Living

13 related employer businesses in Gadsden.

Energy & Utilities

12 related employer businesses in Gadsden.

Entertainment & Recreation

9 related employer businesses in Gadsden.

  • Bars & Pubs: 5 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.

  • Clubs & Lounges: 5 employer businesses here. Typical sale multiple: 3.0x - 6.0x EBITDA.

  • Golf Courses: 4 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.

Pet Services

4 related employer businesses in Gadsden.

E-commerce & Online Businesses

Land & Agriculture

Technology & Media

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

Restaurants & Food

194 related employer businesses in Gadsden.

Medical Practices

176 related employer businesses in Gadsden.

Construction & Engineering

137 related employer businesses in Gadsden.

  • Plumbing: 35 employer businesses here. Typical sale multiple: 3.5x - 5.0x SDE.

  • HVAC Services: 35 employer businesses here. Typical sale multiple: 4.6x - 7.0x EBITDA.

  • Electrical: 27 employer businesses here. Typical sale multiple: 4.0x - 8.0x EBITDA.

  • General Contracting: 22 employer businesses here. Typical sale multiple: 3.0x - 4.5x SDE.

  • Landscaping: 20 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.

  • Interior Finishing: 12 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.

  • Foundation & Site Prep: 11 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Fleet.

  • Civil Engineering: 7 employer businesses here. Typical sale multiple: 7.0x - 11.0x EBITDA.

  • Roofing & Siding: 3 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.

Retail Stores

128 related employer businesses in Gadsden.

Financial & Professional Services

117 related employer businesses in Gadsden.

Automotive & Boat

87 related employer businesses in Gadsden.

  • Car Dealerships: 27 employer businesses here. Typical sale multiple: 2x - 8x Blue Sky + Assets.

  • Auto Repair: 23 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE.

  • Auto Parts: 18 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE + Inventory.

  • Collision Repair: 9 employer businesses here. Typical sale multiple: 3.5x - 5.0x EBITDA.

  • Car Washes: 7 employer businesses here. Typical sale multiple: 4.5x - 7.0x EBITDA.

  • Towing & Repo: 3 employer businesses here. Typical sale multiple: 3.0x - 4.0x EBITDA + Fleet.

Gas Stations & Convenience

74 related employer businesses in Gadsden.

Manufacturing

62 related employer businesses in Gadsden.

Pharmacies & Medical Supply

49 related employer businesses in Gadsden.

Logistics & Transportation

46 related employer businesses in Gadsden.

Wholesale & Distribution

28 related employer businesses in Gadsden.

Home Services

24 related employer businesses in Gadsden.

Education & Childcare

19 related employer businesses in Gadsden.

  • Daycare Centers: 19 employer businesses here. Typical sale multiple: 2.39x - 3.35x SDE.

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

Beauty & Personal Care

16 related employer businesses in Gadsden.

  • Hair Salons: 8 employer businesses here. Typical sale multiple: 1.25x - 2.34x SDE.

  • Day Spas: 4 employer businesses here. Typical sale multiple: 1.8x - 2.8x SDE.

  • Nail Salons: 4 employer businesses here. Typical sale multiple: 1.4x - 1.88x SDE.

  • Tattoo Shops: 4 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE.

  • Massage Parlors: 4 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE.

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

Health & Fitness

15 related employer businesses in Gadsden.

Hospitality & Travel

14 related employer businesses in Gadsden.

  • Hotels: 14 employer businesses here. Typical sale multiple: 2.6x - 5.1x EBITDA.

  • Motels: 14 employer businesses here. Typical sale multiple: 1.1x - 2.5x SDE.

Senior Care & Living

13 related employer businesses in Gadsden.

Energy & Utilities

12 related employer businesses in Gadsden.

Entertainment & Recreation

9 related employer businesses in Gadsden.

  • Bars & Pubs: 5 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.

  • Clubs & Lounges: 5 employer businesses here. Typical sale multiple: 3.0x - 6.0x EBITDA.

  • Golf Courses: 4 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.

Pet Services

4 related employer businesses in Gadsden.

E-commerce & Online Businesses

Land & Agriculture

Technology & Media

Counties in this metro area

Working with owners in Gadsden

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

FREQUENTLY ASKED QUESTIONS

Questions owners in Gadsden ask

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

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 Gadsden?

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 Gadsden

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