Selling a Business in Grand Rapids
Owners in the Grand Rapids area sell to local buyers and to buyers from other markets. The area has 27,591 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
Grand Rapids by the numbers
27,591
27,591
EMPLOYER BUSINESSES
81%
81%
SMALL EMPLOYER SHARE
94,051
94,051
BUSINESSES WITH NO EMPLOYEES
539,797
539,797
EMPLOYMENT
$31.1 billion
$31.1 billion
ANNUAL PAYROLL
12,187
12,187
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 Grand Rapids compares
The Grand Rapids area ranks 2nd of 15 Michigan metro areas for employer businesses.
The number of employer businesses grew 6.7% between 2018 and 2023.
Manufacturing makes up 7% of employer businesses in Grand Rapids, compared with 5% in Michigan.
12,187 employer businesses here have 5 to 49 employees.
The Grand Rapids area ranks 2nd of 15 Michigan metro areas for employer businesses.
The number of employer businesses grew 6.7% between 2018 and 2023.
Manufacturing makes up 7% of employer businesses in Grand Rapids, compared with 5% in Michigan.
12,187 employer businesses here have 5 to 49 employees.
Industry mix
The largest industries by number of employer businesses:
Retail: 3,428 employer businesses
Construction: 3,057 employer businesses
Repair, personal care and other services: 2,964 employer businesses
Health care and social assistance: 2,953 employer businesses
Professional and technical services: 2,744 employer businesses
The largest industries by number of employer businesses:
Retail: 3,428 employer businesses
Construction: 3,057 employer businesses
Repair, personal care and other services: 2,964 employer businesses
Health care and social assistance: 2,953 employer businesses
Professional and technical services: 2,744 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 Grand Rapids
Retail, construction, repair, personal care and other services, health care and social assistance
Every kind of business we sell in Grand Rapids
We sell businesses in every one of these industries in Grand Rapids. 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
3,350 related employer businesses in Grand Rapids.
General Contracting: 1,010 employer businesses here. Typical sale multiple: 3.0x - 4.5x SDE.
Interior Finishing: 505 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.
Landscaping: 425 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.
Plumbing: 345 employer businesses here. Typical sale multiple: 3.5x - 5.0x SDE.
HVAC Services: 345 employer businesses here. Typical sale multiple: 4.6x - 7.0x EBITDA.
Foundation & Site Prep: 297 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Fleet.
Electrical: 252 employer businesses here. Typical sale multiple: 4.0x - 8.0x EBITDA.
Civil Engineering: 231 employer businesses here. Typical sale multiple: 7.0x - 11.0x EBITDA.
Roofing & Siding: 136 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.
Masonry: 78 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Equipment.
Carpentry & Framing: 61 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.
Remediation & Restoration: 10 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA.
Restaurants & Food
2,075 related employer businesses in Grand Rapids.
Quick-Service & Fast Food: 836 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE.
Full-Service Restaurants: 720 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE.
Coffee Shops: 200 employer businesses here. Typical sale multiple: 2.0x - 3.0x SDE.
Grocery Stores & Markets: 170 employer businesses here. Typical sale multiple: 2.0x - 3.0x SDE + Inventory.
Liquor, Wine & Beer Stores: 114 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE + Inventory.
Bakeries: 35 employer businesses here. Typical sale multiple: 2.0x - 3.0x SDE.
Ghost Kitchens. Typical sale multiple: 2.0x - 3.0x SDE.
Financial & Professional Services
1,728 related employer businesses in Grand Rapids.
Insurance Agencies: 526 employer businesses here. Typical sale multiple: 6.0x - 8.0x EBITDA.
Real Estate Brokerages: 438 employer businesses here. Typical sale multiple: 2.5x - 4.5x SDE.
Accounting & Tax Practices: 369 employer businesses here. Typical sale multiple: 2.0x - 3.5x SDE.
Wealth Management: 310 employer businesses here. Typical sale multiple: 2.7x - 4.0x Recurring Revenue.
Private Lending: 58 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.
Mortgage Brokerages: 27 employer businesses here. Typical sale multiple: 2.0x - 3.5x SDE.
Medical Practices
1,679 related employer businesses in Grand Rapids.
Primary & Family Care: 448 employer businesses here. Typical sale multiple: 2.2x - 3.2x SDE.
Dental Practices: 410 employer businesses here. Typical sale multiple: 3.5x - 5.5x EBITDA.
Mental & Behavioral Health: 257 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.
Physical Therapy & Rehab: 191 employer businesses here. Typical sale multiple: 3.5x - 5.0x EBITDA.
Veterinary Medicine: 121 employer businesses here. Typical sale multiple: 6.0x - 9.0x EBITDA.
Home Health & Hospice: 82 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA.
Vision & Eye Care: 81 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE.
Medical Labs & Imaging: 35 employer businesses here. Typical sale multiple: 4.5x - 6.5x EBITDA.
Specialty Medicine: 34 employer businesses here. Typical sale multiple: 5.0x - 7.0x EBITDA.
Urgent Care Clinics: 20 employer businesses here. Typical sale multiple: 4.0x - 6.0x EBITDA.
Manufacturing
1,330 related employer businesses in Grand Rapids.
Metal Fabrication: 433 employer businesses here. Typical sale multiple: 3.2x - 4.2x SDE.
Printing & Plastics: 232 employer businesses here. Typical sale multiple: 2.9x - 4.9x SDE.
Food & Beverage Manufacturing: 194 employer businesses here. Typical sale multiple: 3.1x - 4.5x SDE.
Wood & Furniture Manufacturing: 188 employer businesses here. Typical sale multiple: 2.5x - 3.8x SDE.
Medical & Chemical Manufacturing: 103 employer businesses here. Typical sale multiple: 4.5x - 8.0x EBITDA.
Electronics & Tech Manufacturing: 92 employer businesses here. Typical sale multiple: 4.0x - 7.5x EBITDA.
Construction Materials Manufacturing: 57 employer businesses here. Typical sale multiple: 2.5x - 5.0x EBITDA.
Textile & Apparel Manufacturing: 31 employer businesses here. Typical sale multiple: 2.5x - 3.8x SDE.
Retail Stores
1,322 related employer businesses in Grand Rapids.
Fashion, Apparel & Jewelry: 400 employer businesses here. Typical sale multiple: 2.0x - 3.5x SDE + Inventory.
Hardware, Garden & Building: 279 employer businesses here. Typical sale multiple: 2.5x - 3.8x SDE + Inventory.
Health, Beauty & Pharmacy: 257 employer businesses here. Typical sale multiple: 2.8x - 4.2x EBITDA.
Home Decor & Furniture: 132 employer businesses here. Typical sale multiple: 2.2x - 3.2x SDE + Inventory.
Electronics & Repair: 87 employer businesses here. Typical sale multiple: 2.0x - 3.0x SDE.
Hobby, Toys & Gift Shops: 86 employer businesses here. Typical sale multiple: 1.8x - 2.8x SDE + Inventory.
Sporting Goods & Firearms: 81 employer businesses here. Typical sale multiple: 2.3x - 3.4x SDE.
Automotive & Boat
1,150 related employer businesses in Grand Rapids.
Auto Repair: 452 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE.
Auto Parts: 219 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE + Inventory.
Car Dealerships: 172 employer businesses here. Typical sale multiple: 2x - 8x Blue Sky + Assets.
Collision Repair: 143 employer businesses here. Typical sale multiple: 3.5x - 5.0x EBITDA.
Car Washes: 80 employer businesses here. Typical sale multiple: 4.5x - 7.0x EBITDA.
Boat Dealerships: 36 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA.
Towing & Repo: 32 employer businesses here. Typical sale multiple: 3.0x - 4.0x EBITDA + Fleet.
Marinas: 16 employer businesses here. Typical sale multiple: Cap Rate or 4.0x - 7.0x EBITDA.
Wholesale & Distribution
731 related employer businesses in Grand Rapids.
Industrial & Construction Supply: 382 employer businesses here. Typical sale multiple: 3.0x - 4.0x SDE.
Food & Beverage Distribution: 121 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE.
Electronics, IT & Office Equipment Distribution: 94 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE.
Chemicals, Plastics & Raw Materials Distribution: 55 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA.
Packaging, Paper & JanSan Distribution: 32 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE.
Consumer Goods & Apparel Distribution: 28 employer businesses here. Typical sale multiple: 2.0x - 3.0x SDE + Inventory.
Medical, Dental & Pharmaceutical Distribution: 19 employer businesses here. Typical sale multiple: 3.5x - 4.5x EBITDA.
Logistics & Transportation
730 related employer businesses in Grand Rapids.
General Freight Trucking: 487 employer businesses here. Typical sale multiple: 2.44x - 3.45x SDE.
Warehousing & Fulfillment: 78 employer businesses here. Typical sale multiple: 3.0x - 4.5x SDE.
Freight Brokerage & 3PL: 54 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.
Last-Mile & Courier: 53 employer businesses here. Typical sale multiple: 2.76x - 3.32x SDE.
Heavy Haul Transport: 31 employer businesses here. Typical sale multiple: 3.5x - 4.5x SDE.
Commercial Moving: 21 employer businesses here. Typical sale multiple: 1.5x - 3.0x SDE.
NEMT & Passenger Transport: 6 employer businesses here. Typical sale multiple: 2.1x - 3.1x SDE.
Port Drayage. Typical sale multiple: 2.5x - 3.5x SDE.
Home Services
480 related employer businesses in Grand Rapids.
Residential Cleaning: 258 employer businesses here. Typical sale multiple: 1.5x - 2.6x SDE.
Commercial Cleaning: 258 employer businesses here. Typical sale multiple: 2.47x - 4.11x EBITDA.
Property Management: 169 employer businesses here. Typical sale multiple: 3.0x - 4.5x SDE.
Pest Control: 40 employer businesses here. Typical sale multiple: 2.34x - 2.90x SDE.
Security Systems: 13 employer businesses here. Typical sale multiple: 3.0x - 4.9x EBITDA.
Audio Visual (AV). Typical sale multiple: 3.0x - 5.0x EBITDA.
Junk Removal. Typical sale multiple: 1.5x - 3.0x SDE.
Pool & Spa Service. Typical sale multiple: 3.0x - 4.0x EBITDA.
Technology & Media
441 related employer businesses in Grand Rapids.
Creative Agencies: 156 employer businesses here. Typical sale multiple: 1.8x - 3.0x SDE.
Digital Marketing Agencies: 123 employer businesses here. Typical sale multiple: 2.0x - 3.5x SDE.
Media, Film & Studio Production: 79 employer businesses here. Typical sale multiple: 2.2x - 3.5x SDE.
Real Estate Media: 49 employer businesses here. Typical sale multiple: 1.5x - 2.8x SDE.
Software Companies (SaaS): 34 employer businesses here. Typical sale multiple: 3.5x - 5.5x SDE.
E-commerce & Online Brands. Typical sale multiple: 2.5x - 4.0x SDE + Inventory.
Beauty & Personal Care
395 related employer businesses in Grand Rapids.
Hair Salons: 277 employer businesses here. Typical sale multiple: 1.25x - 2.34x SDE.
Day Spas: 75 employer businesses here. Typical sale multiple: 1.8x - 2.8x SDE.
Tattoo Shops: 75 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE.
Massage Parlors: 75 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE.
Barber Shops: 22 employer businesses here. Typical sale multiple: 1.5x - 2.25x SDE.
Nail Salons: 21 employer businesses here. Typical sale multiple: 1.4x - 1.88x SDE.
Medical Spas. Typical sale multiple: 2.5x - 4.5x EBITDA.
Gas Stations & Convenience
337 related employer businesses in Grand Rapids.
Gas Stations: 281 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA + Real Estate.
Convenience Stores: 56 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE + Inventory.
Truck Stops & Travel Centers. Typical sale multiple: 3.5x - 5.5x EBITDA + Real Estate.
Entertainment & Recreation
269 related employer businesses in Grand Rapids.
Bars & Pubs: 119 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.
Clubs & Lounges: 119 employer businesses here. Typical sale multiple: 3.0x - 6.0x EBITDA.
Outdoor Recreation: 68 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.
Golf Courses: 50 employer businesses here. Typical sale multiple: 8.0x - 11.0x EBITDA.
Bowling Alleys: 23 employer businesses here. Typical sale multiple: 3.0x - 5.0x EBITDA.
Arcades & FECs: 9 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.
Pharmacies & Medical Supply
236 related employer businesses in Grand Rapids.
Compounding Pharmacies: 93 employer businesses here. Typical sale multiple: 3.5x - 5.5x EBITDA.
Specialty Pharmacies: 93 employer businesses here. Typical sale multiple: 4.0x - 6.5x EBITDA.
Home Infusion: 82 employer businesses here. Typical sale multiple: 4.0x - 6.5x EBITDA.
Medical Supply Retail: 40 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE + Inventory.
Durable Medical Equipment (DME): 21 employer businesses here. Typical sale multiple: 3.0x - 5.0x EBITDA.
Education & Childcare
225 related employer businesses in Grand Rapids.
Daycare Centers: 208 employer businesses here. Typical sale multiple: 2.39x - 3.35x SDE.
Tutoring Centers: 17 employer businesses here. Typical sale multiple: 2.0x - 3.5x SDE.
Preschools. Typical sale multiple: 3.12x - 4.0x SDE.
Hospitality & Travel
216 related employer businesses in Grand Rapids.
Hotels: 138 employer businesses here. Typical sale multiple: 2.6x - 5.1x EBITDA.
Motels: 138 employer businesses here. Typical sale multiple: 1.1x - 2.5x SDE.
Transportation Services: 26 employer businesses here. Typical sale multiple: 2.0x - 4.1x SDE.
Campgrounds & RV Parks: 24 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA.
Travel Agencies: 22 employer businesses here. Typical sale multiple: 2.3x - 3.2x SDE.
Bed & Breakfasts / Inns: 6 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.
Senior Care & Living
210 related employer businesses in Grand Rapids.
Non-Medical Home Care: 101 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.
Assisted Living Facilities: 90 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA + Real Estate.
Senior Living Communities: 19 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA + Real Estate.
Adult Day Services. Typical sale multiple: 2.5x - 4.0x SDE.
Health & Fitness
178 related employer businesses in Grand Rapids.
Gyms & Health Clubs: 118 employer businesses here. Typical sale multiple: 2.44x - 2.93x SDE.
Yoga Studios: 118 employer businesses here. Typical sale multiple: 2.07x - 2.50x SDE.
Pilates Studios: 118 employer businesses here. Typical sale multiple: 2.10x - 3.00x SDE.
Personal Training Studios: 118 employer businesses here. Typical sale multiple: 2.00x - 2.80x SDE.
Wellness & Recovery Centers: 60 employer businesses here. Typical sale multiple: 5.5x - 9.7x EBITDA.
Energy & Utilities
167 related employer businesses in Grand Rapids.
Waste Management & Recycling: 73 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA + Assets.
Water & Wastewater Services: 46 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA.
Propane & Fuel Distribution: 45 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA + Assets.
Solar & Renewable Energy: 3 employer businesses here. Typical sale multiple: 3.5x - 6.0x EBITDA.
Pet Services
122 related employer businesses in Grand Rapids.
Pet Grooming & Spas: 84 employer businesses here. Typical sale multiple: 2.0x - 3.0x SDE.
Boarding, Daycare & Training: 84 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA.
Pet Retail & Specialty Supplies: 38 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE + Inventory.
Mobile & In-Home Pet Care. Typical sale multiple: 1.5x - 2.5x SDE + Fleet.
E-commerce & Online Businesses
Amazon FBA Businesses. Typical sale multiple: 2.5x - 4.0x SDE + Inventory.
Online Marketplaces. Typical sale multiple: 3.5x - 6.0x SDE.
Land & Agriculture
Crop Production. Typical sale multiple: 4.5x - 6.69x EBITDA.
Livestock & Ranching. Typical sale multiple: 3.0x - 5.76x EBITDA.
Agribusiness & Infrastructure. Typical sale multiple: 5.2x - 10.3x EBITDA.
AgTech & Precision Ag. Typical sale multiple: 8.3x - 12.1x EBITDA.
Agri-Tourism & Lifestyle. Typical sale multiple: 2.51x - 4.54x SDE.
We sell businesses in every one of these industries in Grand Rapids. 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
3,350 related employer businesses in Grand Rapids.
General Contracting: 1,010 employer businesses here. Typical sale multiple: 3.0x - 4.5x SDE.
Interior Finishing: 505 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.
Landscaping: 425 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.
Plumbing: 345 employer businesses here. Typical sale multiple: 3.5x - 5.0x SDE.
HVAC Services: 345 employer businesses here. Typical sale multiple: 4.6x - 7.0x EBITDA.
Foundation & Site Prep: 297 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Fleet.
Electrical: 252 employer businesses here. Typical sale multiple: 4.0x - 8.0x EBITDA.
Civil Engineering: 231 employer businesses here. Typical sale multiple: 7.0x - 11.0x EBITDA.
Roofing & Siding: 136 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.
Masonry: 78 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Equipment.
Carpentry & Framing: 61 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.
Remediation & Restoration: 10 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA.
Restaurants & Food
2,075 related employer businesses in Grand Rapids.
Quick-Service & Fast Food: 836 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE.
Full-Service Restaurants: 720 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE.
Coffee Shops: 200 employer businesses here. Typical sale multiple: 2.0x - 3.0x SDE.
Grocery Stores & Markets: 170 employer businesses here. Typical sale multiple: 2.0x - 3.0x SDE + Inventory.
Liquor, Wine & Beer Stores: 114 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE + Inventory.
Bakeries: 35 employer businesses here. Typical sale multiple: 2.0x - 3.0x SDE.
Ghost Kitchens. Typical sale multiple: 2.0x - 3.0x SDE.
Financial & Professional Services
1,728 related employer businesses in Grand Rapids.
Insurance Agencies: 526 employer businesses here. Typical sale multiple: 6.0x - 8.0x EBITDA.
Real Estate Brokerages: 438 employer businesses here. Typical sale multiple: 2.5x - 4.5x SDE.
Accounting & Tax Practices: 369 employer businesses here. Typical sale multiple: 2.0x - 3.5x SDE.
Wealth Management: 310 employer businesses here. Typical sale multiple: 2.7x - 4.0x Recurring Revenue.
Private Lending: 58 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.
Mortgage Brokerages: 27 employer businesses here. Typical sale multiple: 2.0x - 3.5x SDE.
Medical Practices
1,679 related employer businesses in Grand Rapids.
Primary & Family Care: 448 employer businesses here. Typical sale multiple: 2.2x - 3.2x SDE.
Dental Practices: 410 employer businesses here. Typical sale multiple: 3.5x - 5.5x EBITDA.
Mental & Behavioral Health: 257 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.
Physical Therapy & Rehab: 191 employer businesses here. Typical sale multiple: 3.5x - 5.0x EBITDA.
Veterinary Medicine: 121 employer businesses here. Typical sale multiple: 6.0x - 9.0x EBITDA.
Home Health & Hospice: 82 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA.
Vision & Eye Care: 81 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE.
Medical Labs & Imaging: 35 employer businesses here. Typical sale multiple: 4.5x - 6.5x EBITDA.
Specialty Medicine: 34 employer businesses here. Typical sale multiple: 5.0x - 7.0x EBITDA.
Urgent Care Clinics: 20 employer businesses here. Typical sale multiple: 4.0x - 6.0x EBITDA.
Manufacturing
1,330 related employer businesses in Grand Rapids.
Metal Fabrication: 433 employer businesses here. Typical sale multiple: 3.2x - 4.2x SDE.
Printing & Plastics: 232 employer businesses here. Typical sale multiple: 2.9x - 4.9x SDE.
Food & Beverage Manufacturing: 194 employer businesses here. Typical sale multiple: 3.1x - 4.5x SDE.
Wood & Furniture Manufacturing: 188 employer businesses here. Typical sale multiple: 2.5x - 3.8x SDE.
Medical & Chemical Manufacturing: 103 employer businesses here. Typical sale multiple: 4.5x - 8.0x EBITDA.
Electronics & Tech Manufacturing: 92 employer businesses here. Typical sale multiple: 4.0x - 7.5x EBITDA.
Construction Materials Manufacturing: 57 employer businesses here. Typical sale multiple: 2.5x - 5.0x EBITDA.
Textile & Apparel Manufacturing: 31 employer businesses here. Typical sale multiple: 2.5x - 3.8x SDE.
Retail Stores
1,322 related employer businesses in Grand Rapids.
Fashion, Apparel & Jewelry: 400 employer businesses here. Typical sale multiple: 2.0x - 3.5x SDE + Inventory.
Hardware, Garden & Building: 279 employer businesses here. Typical sale multiple: 2.5x - 3.8x SDE + Inventory.
Health, Beauty & Pharmacy: 257 employer businesses here. Typical sale multiple: 2.8x - 4.2x EBITDA.
Home Decor & Furniture: 132 employer businesses here. Typical sale multiple: 2.2x - 3.2x SDE + Inventory.
Electronics & Repair: 87 employer businesses here. Typical sale multiple: 2.0x - 3.0x SDE.
Hobby, Toys & Gift Shops: 86 employer businesses here. Typical sale multiple: 1.8x - 2.8x SDE + Inventory.
Sporting Goods & Firearms: 81 employer businesses here. Typical sale multiple: 2.3x - 3.4x SDE.
Automotive & Boat
1,150 related employer businesses in Grand Rapids.
Auto Repair: 452 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE.
Auto Parts: 219 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE + Inventory.
Car Dealerships: 172 employer businesses here. Typical sale multiple: 2x - 8x Blue Sky + Assets.
Collision Repair: 143 employer businesses here. Typical sale multiple: 3.5x - 5.0x EBITDA.
Car Washes: 80 employer businesses here. Typical sale multiple: 4.5x - 7.0x EBITDA.
Boat Dealerships: 36 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA.
Towing & Repo: 32 employer businesses here. Typical sale multiple: 3.0x - 4.0x EBITDA + Fleet.
Marinas: 16 employer businesses here. Typical sale multiple: Cap Rate or 4.0x - 7.0x EBITDA.
Wholesale & Distribution
731 related employer businesses in Grand Rapids.
Industrial & Construction Supply: 382 employer businesses here. Typical sale multiple: 3.0x - 4.0x SDE.
Food & Beverage Distribution: 121 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE.
Electronics, IT & Office Equipment Distribution: 94 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE.
Chemicals, Plastics & Raw Materials Distribution: 55 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA.
Packaging, Paper & JanSan Distribution: 32 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE.
Consumer Goods & Apparel Distribution: 28 employer businesses here. Typical sale multiple: 2.0x - 3.0x SDE + Inventory.
Medical, Dental & Pharmaceutical Distribution: 19 employer businesses here. Typical sale multiple: 3.5x - 4.5x EBITDA.
Logistics & Transportation
730 related employer businesses in Grand Rapids.
General Freight Trucking: 487 employer businesses here. Typical sale multiple: 2.44x - 3.45x SDE.
Warehousing & Fulfillment: 78 employer businesses here. Typical sale multiple: 3.0x - 4.5x SDE.
Freight Brokerage & 3PL: 54 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.
Last-Mile & Courier: 53 employer businesses here. Typical sale multiple: 2.76x - 3.32x SDE.
Heavy Haul Transport: 31 employer businesses here. Typical sale multiple: 3.5x - 4.5x SDE.
Commercial Moving: 21 employer businesses here. Typical sale multiple: 1.5x - 3.0x SDE.
NEMT & Passenger Transport: 6 employer businesses here. Typical sale multiple: 2.1x - 3.1x SDE.
Port Drayage. Typical sale multiple: 2.5x - 3.5x SDE.
Home Services
480 related employer businesses in Grand Rapids.
Residential Cleaning: 258 employer businesses here. Typical sale multiple: 1.5x - 2.6x SDE.
Commercial Cleaning: 258 employer businesses here. Typical sale multiple: 2.47x - 4.11x EBITDA.
Property Management: 169 employer businesses here. Typical sale multiple: 3.0x - 4.5x SDE.
Pest Control: 40 employer businesses here. Typical sale multiple: 2.34x - 2.90x SDE.
Security Systems: 13 employer businesses here. Typical sale multiple: 3.0x - 4.9x EBITDA.
Audio Visual (AV). Typical sale multiple: 3.0x - 5.0x EBITDA.
Junk Removal. Typical sale multiple: 1.5x - 3.0x SDE.
Pool & Spa Service. Typical sale multiple: 3.0x - 4.0x EBITDA.
Technology & Media
441 related employer businesses in Grand Rapids.
Creative Agencies: 156 employer businesses here. Typical sale multiple: 1.8x - 3.0x SDE.
Digital Marketing Agencies: 123 employer businesses here. Typical sale multiple: 2.0x - 3.5x SDE.
Media, Film & Studio Production: 79 employer businesses here. Typical sale multiple: 2.2x - 3.5x SDE.
Real Estate Media: 49 employer businesses here. Typical sale multiple: 1.5x - 2.8x SDE.
Software Companies (SaaS): 34 employer businesses here. Typical sale multiple: 3.5x - 5.5x SDE.
E-commerce & Online Brands. Typical sale multiple: 2.5x - 4.0x SDE + Inventory.
Beauty & Personal Care
395 related employer businesses in Grand Rapids.
Hair Salons: 277 employer businesses here. Typical sale multiple: 1.25x - 2.34x SDE.
Day Spas: 75 employer businesses here. Typical sale multiple: 1.8x - 2.8x SDE.
Tattoo Shops: 75 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE.
Massage Parlors: 75 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE.
Barber Shops: 22 employer businesses here. Typical sale multiple: 1.5x - 2.25x SDE.
Nail Salons: 21 employer businesses here. Typical sale multiple: 1.4x - 1.88x SDE.
Medical Spas. Typical sale multiple: 2.5x - 4.5x EBITDA.
Gas Stations & Convenience
337 related employer businesses in Grand Rapids.
Gas Stations: 281 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA + Real Estate.
Convenience Stores: 56 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE + Inventory.
Truck Stops & Travel Centers. Typical sale multiple: 3.5x - 5.5x EBITDA + Real Estate.
Entertainment & Recreation
269 related employer businesses in Grand Rapids.
Bars & Pubs: 119 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.
Clubs & Lounges: 119 employer businesses here. Typical sale multiple: 3.0x - 6.0x EBITDA.
Outdoor Recreation: 68 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.
Golf Courses: 50 employer businesses here. Typical sale multiple: 8.0x - 11.0x EBITDA.
Bowling Alleys: 23 employer businesses here. Typical sale multiple: 3.0x - 5.0x EBITDA.
Arcades & FECs: 9 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.
Pharmacies & Medical Supply
236 related employer businesses in Grand Rapids.
Compounding Pharmacies: 93 employer businesses here. Typical sale multiple: 3.5x - 5.5x EBITDA.
Specialty Pharmacies: 93 employer businesses here. Typical sale multiple: 4.0x - 6.5x EBITDA.
Home Infusion: 82 employer businesses here. Typical sale multiple: 4.0x - 6.5x EBITDA.
Medical Supply Retail: 40 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE + Inventory.
Durable Medical Equipment (DME): 21 employer businesses here. Typical sale multiple: 3.0x - 5.0x EBITDA.
Education & Childcare
225 related employer businesses in Grand Rapids.
Daycare Centers: 208 employer businesses here. Typical sale multiple: 2.39x - 3.35x SDE.
Tutoring Centers: 17 employer businesses here. Typical sale multiple: 2.0x - 3.5x SDE.
Preschools. Typical sale multiple: 3.12x - 4.0x SDE.
Hospitality & Travel
216 related employer businesses in Grand Rapids.
Hotels: 138 employer businesses here. Typical sale multiple: 2.6x - 5.1x EBITDA.
Motels: 138 employer businesses here. Typical sale multiple: 1.1x - 2.5x SDE.
Transportation Services: 26 employer businesses here. Typical sale multiple: 2.0x - 4.1x SDE.
Campgrounds & RV Parks: 24 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA.
Travel Agencies: 22 employer businesses here. Typical sale multiple: 2.3x - 3.2x SDE.
Bed & Breakfasts / Inns: 6 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.
Senior Care & Living
210 related employer businesses in Grand Rapids.
Non-Medical Home Care: 101 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.
Assisted Living Facilities: 90 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA + Real Estate.
Senior Living Communities: 19 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA + Real Estate.
Adult Day Services. Typical sale multiple: 2.5x - 4.0x SDE.
Health & Fitness
178 related employer businesses in Grand Rapids.
Gyms & Health Clubs: 118 employer businesses here. Typical sale multiple: 2.44x - 2.93x SDE.
Yoga Studios: 118 employer businesses here. Typical sale multiple: 2.07x - 2.50x SDE.
Pilates Studios: 118 employer businesses here. Typical sale multiple: 2.10x - 3.00x SDE.
Personal Training Studios: 118 employer businesses here. Typical sale multiple: 2.00x - 2.80x SDE.
Wellness & Recovery Centers: 60 employer businesses here. Typical sale multiple: 5.5x - 9.7x EBITDA.
Energy & Utilities
167 related employer businesses in Grand Rapids.
Waste Management & Recycling: 73 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA + Assets.
Water & Wastewater Services: 46 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA.
Propane & Fuel Distribution: 45 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA + Assets.
Solar & Renewable Energy: 3 employer businesses here. Typical sale multiple: 3.5x - 6.0x EBITDA.
Pet Services
122 related employer businesses in Grand Rapids.
Pet Grooming & Spas: 84 employer businesses here. Typical sale multiple: 2.0x - 3.0x SDE.
Boarding, Daycare & Training: 84 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA.
Pet Retail & Specialty Supplies: 38 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE + Inventory.
Mobile & In-Home Pet Care. Typical sale multiple: 1.5x - 2.5x SDE + Fleet.
E-commerce & Online Businesses
Amazon FBA Businesses. Typical sale multiple: 2.5x - 4.0x SDE + Inventory.
Online Marketplaces. Typical sale multiple: 3.5x - 6.0x SDE.
Land & Agriculture
Crop Production. Typical sale multiple: 4.5x - 6.69x EBITDA.
Livestock & Ranching. Typical sale multiple: 3.0x - 5.76x EBITDA.
Agribusiness & Infrastructure. Typical sale multiple: 5.2x - 10.3x EBITDA.
AgTech & Precision Ag. Typical sale multiple: 8.3x - 12.1x EBITDA.
Agri-Tourism & Lifestyle. Typical sale multiple: 2.51x - 4.54x SDE.
Counties in this metro area
Working with owners in Grand Rapids
Business Advisors of America works with owners who are selling a business in Grand Rapids. Contact us to talk about a sale.
FREQUENTLY ASKED QUESTIONS
Questions owners in Grand Rapids ask
How long does it take to sell a business in Grand Rapids?
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 Grand Rapids?
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 Grand Rapids
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