Selling a Business in Monroe

Owners in the Monroe area sell to local buyers and to buyers from other markets. The area has 2,395 employer businesses, and 84% of them have fewer than 20 employees. This page shows what is here and how a sale is handled.

LOCAL SNAPSHOT

Monroe by the numbers

2,395

2,395

EMPLOYER BUSINESSES

84%

84%

SMALL EMPLOYER SHARE

9,354

9,354

BUSINESSES WITH NO EMPLOYEES

37,143

37,143

EMPLOYMENT

$2.0 billion

$2.0 billion

ANNUAL PAYROLL

1,077

1,077

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 Monroe compares

  • The Monroe area ranks 13th of 15 Michigan metro areas for employer businesses.

  • The number of employer businesses grew 2.7% between 2018 and 2023.

  • Transportation and warehousing makes up 4% of employer businesses in Monroe, compared with 4% in Michigan.

  • 1,077 employer businesses here have 5 to 49 employees.

  • The Monroe area ranks 13th of 15 Michigan metro areas for employer businesses.

  • The number of employer businesses grew 2.7% between 2018 and 2023.

  • Transportation and warehousing makes up 4% of employer businesses in Monroe, compared with 4% in Michigan.

  • 1,077 employer businesses here have 5 to 49 employees.

Industry mix

The largest industries by number of employer businesses:

  • Retail: 376 employer businesses

  • Health care and social assistance: 300 employer businesses

  • Accommodation and food service: 278 employer businesses

  • Construction: 271 employer businesses

  • Repair, personal care and other services: 249 employer businesses

The largest industries by number of employer businesses:

  • Retail: 376 employer businesses

  • Health care and social assistance: 300 employer businesses

  • Accommodation and food service: 278 employer businesses

  • Construction: 271 employer businesses

  • Repair, personal care and other services: 249 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 Monroe

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

281 related employer businesses in Monroe.

  • General Contracting: 87 employer businesses here. Typical sale multiple: 3.0x - 4.5x SDE.

  • Landscaping: 43 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.

  • Foundation & Site Prep: 37 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Fleet.

  • Plumbing: 34 employer businesses here. Typical sale multiple: 3.5x - 5.0x SDE.

  • HVAC Services: 34 employer businesses here. Typical sale multiple: 4.6x - 7.0x EBITDA.

  • Electrical: 24 employer businesses here. Typical sale multiple: 4.0x - 8.0x EBITDA.

  • Interior Finishing: 19 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.

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

  • Roofing & Siding: 11 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.

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

  • Carpentry & Framing: 5 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.

Restaurants & Food

254 related employer businesses in Monroe.

Medical Practices

169 related employer businesses in Monroe.

Automotive & Boat

127 related employer businesses in Monroe.

  • Auto Repair: 48 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE.

  • Auto Parts: 25 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: 12 employer businesses here. Typical sale multiple: 3.5x - 5.0x EBITDA.

  • Marinas: 10 employer businesses here. Typical sale multiple: Cap Rate or 4.0x - 7.0x EBITDA.

  • Car Washes: 8 employer businesses here. Typical sale multiple: 4.5x - 7.0x EBITDA.

  • Towing & Repo: 4 employer businesses here. Typical sale multiple: 3.0x - 4.0x EBITDA + Fleet.

Financial & Professional Services

120 related employer businesses in Monroe.

Retail Stores

105 related employer businesses in Monroe.

Logistics & Transportation

86 related employer businesses in Monroe.

Manufacturing

82 related employer businesses in Monroe.

Gas Stations & Convenience

57 related employer businesses in Monroe.

Entertainment & Recreation

45 related employer businesses in Monroe.

  • Bars & Pubs: 23 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.

  • Clubs & Lounges: 23 employer businesses here. Typical sale multiple: 3.0x - 6.0x EBITDA.

  • Golf Courses: 16 employer businesses here. Typical sale multiple: 8.0x - 11.0x EBITDA.

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

33 related employer businesses in Monroe.

Hospitality & Travel

31 related employer businesses in Monroe.

  • Hotels: 21 employer businesses here. Typical sale multiple: 2.6x - 5.1x EBITDA.

  • Motels: 21 employer businesses here. Typical sale multiple: 1.1x - 2.5x SDE.

  • Campgrounds & RV Parks: 6 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA.

  • Transportation Services: 4 employer businesses here. Typical sale multiple: 2.0x - 4.1x SDE.

Home Services

29 related employer businesses in Monroe.

Wholesale & Distribution

25 related employer businesses in Monroe.

Beauty & Personal Care

23 related employer businesses in Monroe.

  • Hair Salons: 15 employer businesses here. Typical sale multiple: 1.25x - 2.34x SDE.

  • Day Spas: 8 employer businesses here. Typical sale multiple: 1.8x - 2.8x SDE.

  • Tattoo Shops: 8 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE.

  • Massage Parlors: 8 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE.

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

Education & Childcare

23 related employer businesses in Monroe.

  • Daycare Centers: 23 employer businesses here. Typical sale multiple: 2.39x - 3.35x SDE.

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

Senior Care & Living

16 related employer businesses in Monroe.

Energy & Utilities

15 related employer businesses in Monroe.

Technology & Media

15 related employer businesses in Monroe.

Pet Services

13 related employer businesses in Monroe.

Health & Fitness

9 related employer businesses in Monroe.

  • Gyms & Health Clubs: 9 employer businesses here. Typical sale multiple: 2.44x - 2.93x SDE.

  • Yoga Studios: 9 employer businesses here. Typical sale multiple: 2.07x - 2.50x SDE.

  • Pilates Studios: 9 employer businesses here. Typical sale multiple: 2.10x - 3.00x SDE.

  • Personal Training Studios: 9 employer businesses here. Typical sale multiple: 2.00x - 2.80x SDE.

E-commerce & Online Businesses

Land & Agriculture

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

281 related employer businesses in Monroe.

  • General Contracting: 87 employer businesses here. Typical sale multiple: 3.0x - 4.5x SDE.

  • Landscaping: 43 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.

  • Foundation & Site Prep: 37 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Fleet.

  • Plumbing: 34 employer businesses here. Typical sale multiple: 3.5x - 5.0x SDE.

  • HVAC Services: 34 employer businesses here. Typical sale multiple: 4.6x - 7.0x EBITDA.

  • Electrical: 24 employer businesses here. Typical sale multiple: 4.0x - 8.0x EBITDA.

  • Interior Finishing: 19 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.

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

  • Roofing & Siding: 11 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.

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

  • Carpentry & Framing: 5 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.

Restaurants & Food

254 related employer businesses in Monroe.

Medical Practices

169 related employer businesses in Monroe.

Automotive & Boat

127 related employer businesses in Monroe.

  • Auto Repair: 48 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE.

  • Auto Parts: 25 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: 12 employer businesses here. Typical sale multiple: 3.5x - 5.0x EBITDA.

  • Marinas: 10 employer businesses here. Typical sale multiple: Cap Rate or 4.0x - 7.0x EBITDA.

  • Car Washes: 8 employer businesses here. Typical sale multiple: 4.5x - 7.0x EBITDA.

  • Towing & Repo: 4 employer businesses here. Typical sale multiple: 3.0x - 4.0x EBITDA + Fleet.

Financial & Professional Services

120 related employer businesses in Monroe.

Retail Stores

105 related employer businesses in Monroe.

Logistics & Transportation

86 related employer businesses in Monroe.

Manufacturing

82 related employer businesses in Monroe.

Gas Stations & Convenience

57 related employer businesses in Monroe.

Entertainment & Recreation

45 related employer businesses in Monroe.

  • Bars & Pubs: 23 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.

  • Clubs & Lounges: 23 employer businesses here. Typical sale multiple: 3.0x - 6.0x EBITDA.

  • Golf Courses: 16 employer businesses here. Typical sale multiple: 8.0x - 11.0x EBITDA.

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

33 related employer businesses in Monroe.

Hospitality & Travel

31 related employer businesses in Monroe.

  • Hotels: 21 employer businesses here. Typical sale multiple: 2.6x - 5.1x EBITDA.

  • Motels: 21 employer businesses here. Typical sale multiple: 1.1x - 2.5x SDE.

  • Campgrounds & RV Parks: 6 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA.

  • Transportation Services: 4 employer businesses here. Typical sale multiple: 2.0x - 4.1x SDE.

Home Services

29 related employer businesses in Monroe.

Wholesale & Distribution

25 related employer businesses in Monroe.

Beauty & Personal Care

23 related employer businesses in Monroe.

  • Hair Salons: 15 employer businesses here. Typical sale multiple: 1.25x - 2.34x SDE.

  • Day Spas: 8 employer businesses here. Typical sale multiple: 1.8x - 2.8x SDE.

  • Tattoo Shops: 8 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE.

  • Massage Parlors: 8 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE.

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

Education & Childcare

23 related employer businesses in Monroe.

  • Daycare Centers: 23 employer businesses here. Typical sale multiple: 2.39x - 3.35x SDE.

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

Senior Care & Living

16 related employer businesses in Monroe.

Energy & Utilities

15 related employer businesses in Monroe.

Technology & Media

15 related employer businesses in Monroe.

Pet Services

13 related employer businesses in Monroe.

Health & Fitness

9 related employer businesses in Monroe.

  • Gyms & Health Clubs: 9 employer businesses here. Typical sale multiple: 2.44x - 2.93x SDE.

  • Yoga Studios: 9 employer businesses here. Typical sale multiple: 2.07x - 2.50x SDE.

  • Pilates Studios: 9 employer businesses here. Typical sale multiple: 2.10x - 3.00x SDE.

  • Personal Training Studios: 9 employer businesses here. Typical sale multiple: 2.00x - 2.80x SDE.

E-commerce & Online Businesses

Land & Agriculture

Counties in this metro area

Working with owners in Monroe

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

FREQUENTLY ASKED QUESTIONS

Questions owners in Monroe ask

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

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 Monroe?

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 Monroe

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