Selling a Business in Lancaster

Owners in the Lancaster area sell to local buyers and to buyers from other markets. The area has 13,776 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

Lancaster by the numbers

13,776

13,776

EMPLOYER BUSINESSES

82%

82%

SMALL EMPLOYER SHARE

50,449

50,449

BUSINESSES WITH NO EMPLOYEES

249,379

249,379

EMPLOYMENT

$13.8 billion

$13.8 billion

ANNUAL PAYROLL

6,349

6,349

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 Lancaster compares

  • The Lancaster area ranks 5th of 16 Pennsylvania metro areas for employer businesses.

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

  • Manufacturing makes up 8% of employer businesses in Lancaster, compared with 4% in Pennsylvania.

  • 6,349 employer businesses here have 5 to 49 employees.

  • The Lancaster area ranks 5th of 16 Pennsylvania metro areas for employer businesses.

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

  • Manufacturing makes up 8% of employer businesses in Lancaster, compared with 4% in Pennsylvania.

  • 6,349 employer businesses here have 5 to 49 employees.

Industry mix

The largest industries by number of employer businesses:

  • Construction: 1,919 employer businesses

  • Retail: 1,887 employer businesses

  • Repair, personal care and other services: 1,791 employer businesses

  • Health care and social assistance: 1,310 employer businesses

  • Accommodation and food service: 1,109 employer businesses

The largest industries by number of employer businesses:

  • Construction: 1,919 employer businesses

  • Retail: 1,887 employer businesses

  • Repair, personal care and other services: 1,791 employer businesses

  • Health care and social assistance: 1,310 employer businesses

  • Accommodation and food service: 1,109 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 Lancaster

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

2,069 related employer businesses in Lancaster.

  • General Contracting: 638 employer businesses here. Typical sale multiple: 3.0x - 4.5x SDE.

  • Interior Finishing: 284 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.

  • Landscaping: 246 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.

  • Plumbing: 207 employer businesses here. Typical sale multiple: 3.5x - 5.0x SDE.

  • HVAC Services: 207 employer businesses here. Typical sale multiple: 4.6x - 7.0x EBITDA.

  • Foundation & Site Prep: 164 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Fleet.

  • Electrical: 161 employer businesses here. Typical sale multiple: 4.0x - 8.0x EBITDA.

  • Roofing & Siding: 132 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.

  • Masonry: 92 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Equipment.

  • Civil Engineering: 80 employer businesses here. Typical sale multiple: 7.0x - 11.0x EBITDA.

  • Carpentry & Framing: 56 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.

  • Remediation & Restoration: 9 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA.

Restaurants & Food

999 related employer businesses in Lancaster.

Manufacturing

846 related employer businesses in Lancaster.

Medical Practices

793 related employer businesses in Lancaster.

Retail Stores

751 related employer businesses in Lancaster.

Automotive & Boat

647 related employer businesses in Lancaster.

  • Auto Repair: 291 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE.

  • Car Dealerships: 117 employer businesses here. Typical sale multiple: 2x - 8x Blue Sky + Assets.

  • Auto Parts: 85 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE + Inventory.

  • Collision Repair: 84 employer businesses here. Typical sale multiple: 3.5x - 5.0x EBITDA.

  • Car Washes: 55 employer businesses here. Typical sale multiple: 4.5x - 7.0x EBITDA.

  • Towing & Repo: 15 employer businesses here. Typical sale multiple: 3.0x - 4.0x EBITDA + Fleet.

Financial & Professional Services

592 related employer businesses in Lancaster.

Logistics & Transportation

515 related employer businesses in Lancaster.

Wholesale & Distribution

307 related employer businesses in Lancaster.

Beauty & Personal Care

295 related employer businesses in Lancaster.

  • Hair Salons: 174 employer businesses here. Typical sale multiple: 1.25x - 2.34x SDE.

  • Nail Salons: 72 employer businesses here. Typical sale multiple: 1.4x - 1.88x SDE.

  • Day Spas: 36 employer businesses here. Typical sale multiple: 1.8x - 2.8x SDE.

  • Tattoo Shops: 36 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE.

  • Massage Parlors: 36 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE.

  • Barber Shops: 13 employer businesses here. Typical sale multiple: 1.5x - 2.25x SDE.

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

Home Services

231 related employer businesses in Lancaster.

Technology & Media

184 related employer businesses in Lancaster.

Gas Stations & Convenience

173 related employer businesses in Lancaster.

Hospitality & Travel

173 related employer businesses in Lancaster.

  • Hotels: 105 employer businesses here. Typical sale multiple: 2.6x - 5.1x EBITDA.

  • Motels: 105 employer businesses here. Typical sale multiple: 1.1x - 2.5x SDE.

  • Transportation Services: 23 employer businesses here. Typical sale multiple: 2.0x - 4.1x SDE.

  • Campgrounds & RV Parks: 22 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA.

  • Bed & Breakfasts / Inns: 17 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.

  • Travel Agencies: 6 employer businesses here. Typical sale multiple: 2.3x - 3.2x SDE.

Pharmacies & Medical Supply

171 related employer businesses in Lancaster.

Education & Childcare

106 related employer businesses in Lancaster.

  • Daycare Centers: 100 employer businesses here. Typical sale multiple: 2.39x - 3.35x SDE.

  • Tutoring Centers: 6 employer businesses here. Typical sale multiple: 2.0x - 3.5x SDE.

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

Health & Fitness

106 related employer businesses in Lancaster.

Energy & Utilities

98 related employer businesses in Lancaster.

Senior Care & Living

98 related employer businesses in Lancaster.

Entertainment & Recreation

96 related employer businesses in Lancaster.

  • Bars & Pubs: 44 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.

  • Clubs & Lounges: 44 employer businesses here. Typical sale multiple: 3.0x - 6.0x EBITDA.

  • Outdoor Recreation: 30 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.

  • Golf Courses: 9 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: 4 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.

Pet Services

57 related employer businesses in Lancaster.

E-commerce & Online Businesses

Land & Agriculture

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

2,069 related employer businesses in Lancaster.

  • General Contracting: 638 employer businesses here. Typical sale multiple: 3.0x - 4.5x SDE.

  • Interior Finishing: 284 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.

  • Landscaping: 246 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.

  • Plumbing: 207 employer businesses here. Typical sale multiple: 3.5x - 5.0x SDE.

  • HVAC Services: 207 employer businesses here. Typical sale multiple: 4.6x - 7.0x EBITDA.

  • Foundation & Site Prep: 164 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Fleet.

  • Electrical: 161 employer businesses here. Typical sale multiple: 4.0x - 8.0x EBITDA.

  • Roofing & Siding: 132 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.

  • Masonry: 92 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Equipment.

  • Civil Engineering: 80 employer businesses here. Typical sale multiple: 7.0x - 11.0x EBITDA.

  • Carpentry & Framing: 56 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.

  • Remediation & Restoration: 9 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA.

Restaurants & Food

999 related employer businesses in Lancaster.

Manufacturing

846 related employer businesses in Lancaster.

Medical Practices

793 related employer businesses in Lancaster.

Retail Stores

751 related employer businesses in Lancaster.

Automotive & Boat

647 related employer businesses in Lancaster.

  • Auto Repair: 291 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE.

  • Car Dealerships: 117 employer businesses here. Typical sale multiple: 2x - 8x Blue Sky + Assets.

  • Auto Parts: 85 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE + Inventory.

  • Collision Repair: 84 employer businesses here. Typical sale multiple: 3.5x - 5.0x EBITDA.

  • Car Washes: 55 employer businesses here. Typical sale multiple: 4.5x - 7.0x EBITDA.

  • Towing & Repo: 15 employer businesses here. Typical sale multiple: 3.0x - 4.0x EBITDA + Fleet.

Financial & Professional Services

592 related employer businesses in Lancaster.

Logistics & Transportation

515 related employer businesses in Lancaster.

Wholesale & Distribution

307 related employer businesses in Lancaster.

Beauty & Personal Care

295 related employer businesses in Lancaster.

  • Hair Salons: 174 employer businesses here. Typical sale multiple: 1.25x - 2.34x SDE.

  • Nail Salons: 72 employer businesses here. Typical sale multiple: 1.4x - 1.88x SDE.

  • Day Spas: 36 employer businesses here. Typical sale multiple: 1.8x - 2.8x SDE.

  • Tattoo Shops: 36 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE.

  • Massage Parlors: 36 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE.

  • Barber Shops: 13 employer businesses here. Typical sale multiple: 1.5x - 2.25x SDE.

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

Home Services

231 related employer businesses in Lancaster.

Technology & Media

184 related employer businesses in Lancaster.

Gas Stations & Convenience

173 related employer businesses in Lancaster.

Hospitality & Travel

173 related employer businesses in Lancaster.

  • Hotels: 105 employer businesses here. Typical sale multiple: 2.6x - 5.1x EBITDA.

  • Motels: 105 employer businesses here. Typical sale multiple: 1.1x - 2.5x SDE.

  • Transportation Services: 23 employer businesses here. Typical sale multiple: 2.0x - 4.1x SDE.

  • Campgrounds & RV Parks: 22 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA.

  • Bed & Breakfasts / Inns: 17 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.

  • Travel Agencies: 6 employer businesses here. Typical sale multiple: 2.3x - 3.2x SDE.

Pharmacies & Medical Supply

171 related employer businesses in Lancaster.

Education & Childcare

106 related employer businesses in Lancaster.

  • Daycare Centers: 100 employer businesses here. Typical sale multiple: 2.39x - 3.35x SDE.

  • Tutoring Centers: 6 employer businesses here. Typical sale multiple: 2.0x - 3.5x SDE.

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

Health & Fitness

106 related employer businesses in Lancaster.

Energy & Utilities

98 related employer businesses in Lancaster.

Senior Care & Living

98 related employer businesses in Lancaster.

Entertainment & Recreation

96 related employer businesses in Lancaster.

  • Bars & Pubs: 44 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.

  • Clubs & Lounges: 44 employer businesses here. Typical sale multiple: 3.0x - 6.0x EBITDA.

  • Outdoor Recreation: 30 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.

  • Golf Courses: 9 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: 4 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.

Pet Services

57 related employer businesses in Lancaster.

E-commerce & Online Businesses

Land & Agriculture

Counties in this metro area

Working with owners in Lancaster

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

FREQUENTLY ASKED QUESTIONS

Questions owners in Lancaster ask

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

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 Lancaster?

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 Lancaster

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