Selling a Business in Nashville

Owners in the Nashville area sell to local buyers and to buyers from other markets. The area has 50,910 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

Nashville by the numbers

50,910

50,910

EMPLOYER BUSINESSES

82%

82%

SMALL EMPLOYER SHARE

245,584

245,584

BUSINESSES WITH NO EMPLOYEES

1,012,689

1,012,689

EMPLOYMENT

$68.0 billion

$68.0 billion

ANNUAL PAYROLL

22,044

22,044

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 Nashville compares

  • The Nashville area ranks 1st of 10 Tennessee metro areas for employer businesses.

  • The number of employer businesses grew 14.5% between 2018 and 2023.

  • Professional and technical services makes up 10% of employer businesses in Nashville, compared with 8% in Tennessee.

  • 22,044 employer businesses here have 5 to 49 employees.

  • The Nashville area ranks 1st of 10 Tennessee metro areas for employer businesses.

  • The number of employer businesses grew 14.5% between 2018 and 2023.

  • Professional and technical services makes up 10% of employer businesses in Nashville, compared with 8% in Tennessee.

  • 22,044 employer businesses here have 5 to 49 employees.

Industry mix

The largest industries by number of employer businesses:

  • Retail: 6,634 employer businesses

  • Health care and social assistance: 5,732 employer businesses

  • Professional and technical services: 5,218 employer businesses

  • Accommodation and food service: 5,151 employer businesses

  • Repair, personal care and other services: 4,825 employer businesses

The largest industries by number of employer businesses:

  • Retail: 6,634 employer businesses

  • Health care and social assistance: 5,732 employer businesses

  • Professional and technical services: 5,218 employer businesses

  • Accommodation and food service: 5,151 employer businesses

  • Repair, personal care and other services: 4,825 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 Nashville

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

5,027 related employer businesses in Nashville.

  • General Contracting: 1,429 employer businesses here. Typical sale multiple: 3.0x - 4.5x SDE.

  • Landscaping: 690 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.

  • Interior Finishing: 649 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.

  • Plumbing: 589 employer businesses here. Typical sale multiple: 3.5x - 5.0x SDE.

  • HVAC Services: 589 employer businesses here. Typical sale multiple: 4.6x - 7.0x EBITDA.

  • Electrical: 476 employer businesses here. Typical sale multiple: 4.0x - 8.0x EBITDA.

  • Foundation & Site Prep: 472 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Fleet.

  • Civil Engineering: 309 employer businesses here. Typical sale multiple: 7.0x - 11.0x EBITDA.

  • Roofing & Siding: 226 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.

  • Carpentry & Framing: 55 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.

  • Remediation & Restoration: 40 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA.

Restaurants & Food

4,681 related employer businesses in Nashville.

Medical Practices

3,703 related employer businesses in Nashville.

Financial & Professional Services

2,927 related employer businesses in Nashville.

Retail Stores

2,576 related employer businesses in Nashville.

Automotive & Boat

1,692 related employer businesses in Nashville.

  • Auto Repair: 560 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE.

  • Car Dealerships: 415 employer businesses here. Typical sale multiple: 2x - 8x Blue Sky + Assets.

  • Auto Parts: 309 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE + Inventory.

  • Collision Repair: 177 employer businesses here. Typical sale multiple: 3.5x - 5.0x EBITDA.

  • Car Washes: 122 employer businesses here. Typical sale multiple: 4.5x - 7.0x EBITDA.

  • Towing & Repo: 75 employer businesses here. Typical sale multiple: 3.0x - 4.0x EBITDA + Fleet.

  • Boat Dealerships: 21 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA.

  • Marinas: 13 employer businesses here. Typical sale multiple: Cap Rate or 4.0x - 7.0x EBITDA.

Logistics & Transportation

1,430 related employer businesses in Nashville.

Technology & Media

1,231 related employer businesses in Nashville.

Manufacturing

1,209 related employer businesses in Nashville.

Home Services

1,100 related employer businesses in Nashville.

Wholesale & Distribution

1,027 related employer businesses in Nashville.

Gas Stations & Convenience

968 related employer businesses in Nashville.

Beauty & Personal Care

828 related employer businesses in Nashville.

  • Hair Salons: 423 employer businesses here. Typical sale multiple: 1.25x - 2.34x SDE.

  • Day Spas: 238 employer businesses here. Typical sale multiple: 1.8x - 2.8x SDE.

  • Tattoo Shops: 238 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE.

  • Massage Parlors: 238 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE.

  • Nail Salons: 110 employer businesses here. Typical sale multiple: 1.4x - 1.88x SDE.

  • Barber Shops: 57 employer businesses here. Typical sale multiple: 1.5x - 2.25x SDE.

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

Hospitality & Travel

596 related employer businesses in Nashville.

  • Hotels: 423 employer businesses here. Typical sale multiple: 2.6x - 5.1x EBITDA.

  • Motels: 423 employer businesses here. Typical sale multiple: 1.1x - 2.5x SDE.

  • Transportation Services: 112 employer businesses here. Typical sale multiple: 2.0x - 4.1x SDE.

  • Travel Agencies: 40 employer businesses here. Typical sale multiple: 2.3x - 3.2x SDE.

  • Campgrounds & RV Parks: 14 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA.

  • Bed & Breakfasts / Inns: 7 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.

Pharmacies & Medical Supply

547 related employer businesses in Nashville.

Health & Fitness

485 related employer businesses in Nashville.

Education & Childcare

394 related employer businesses in Nashville.

  • Daycare Centers: 346 employer businesses here. Typical sale multiple: 2.39x - 3.35x SDE.

  • Tutoring Centers: 48 employer businesses here. Typical sale multiple: 2.0x - 3.5x SDE.

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

Entertainment & Recreation

391 related employer businesses in Nashville.

  • Bars & Pubs: 181 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.

  • Clubs & Lounges: 181 employer businesses here. Typical sale multiple: 3.0x - 6.0x EBITDA.

  • Outdoor Recreation: 120 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.

  • Golf Courses: 45 employer businesses here. Typical sale multiple: 8.0x - 11.0x EBITDA.

  • Arcades & FECs: 30 employer businesses here. Typical sale multiple: 2.1x - 3.6x SDE.

  • Bowling Alleys: 15 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.

Senior Care & Living

289 related employer businesses in Nashville.

Energy & Utilities

279 related employer businesses in Nashville.

Pet Services

238 related employer businesses in Nashville.

E-commerce & Online Businesses

Land & Agriculture

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

5,027 related employer businesses in Nashville.

  • General Contracting: 1,429 employer businesses here. Typical sale multiple: 3.0x - 4.5x SDE.

  • Landscaping: 690 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.

  • Interior Finishing: 649 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.

  • Plumbing: 589 employer businesses here. Typical sale multiple: 3.5x - 5.0x SDE.

  • HVAC Services: 589 employer businesses here. Typical sale multiple: 4.6x - 7.0x EBITDA.

  • Electrical: 476 employer businesses here. Typical sale multiple: 4.0x - 8.0x EBITDA.

  • Foundation & Site Prep: 472 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Fleet.

  • Civil Engineering: 309 employer businesses here. Typical sale multiple: 7.0x - 11.0x EBITDA.

  • Roofing & Siding: 226 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.

  • Carpentry & Framing: 55 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.

  • Remediation & Restoration: 40 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA.

Restaurants & Food

4,681 related employer businesses in Nashville.

Medical Practices

3,703 related employer businesses in Nashville.

Financial & Professional Services

2,927 related employer businesses in Nashville.

Retail Stores

2,576 related employer businesses in Nashville.

Automotive & Boat

1,692 related employer businesses in Nashville.

  • Auto Repair: 560 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE.

  • Car Dealerships: 415 employer businesses here. Typical sale multiple: 2x - 8x Blue Sky + Assets.

  • Auto Parts: 309 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE + Inventory.

  • Collision Repair: 177 employer businesses here. Typical sale multiple: 3.5x - 5.0x EBITDA.

  • Car Washes: 122 employer businesses here. Typical sale multiple: 4.5x - 7.0x EBITDA.

  • Towing & Repo: 75 employer businesses here. Typical sale multiple: 3.0x - 4.0x EBITDA + Fleet.

  • Boat Dealerships: 21 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA.

  • Marinas: 13 employer businesses here. Typical sale multiple: Cap Rate or 4.0x - 7.0x EBITDA.

Logistics & Transportation

1,430 related employer businesses in Nashville.

Technology & Media

1,231 related employer businesses in Nashville.

Manufacturing

1,209 related employer businesses in Nashville.

Home Services

1,100 related employer businesses in Nashville.

Wholesale & Distribution

1,027 related employer businesses in Nashville.

Gas Stations & Convenience

968 related employer businesses in Nashville.

Beauty & Personal Care

828 related employer businesses in Nashville.

  • Hair Salons: 423 employer businesses here. Typical sale multiple: 1.25x - 2.34x SDE.

  • Day Spas: 238 employer businesses here. Typical sale multiple: 1.8x - 2.8x SDE.

  • Tattoo Shops: 238 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE.

  • Massage Parlors: 238 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE.

  • Nail Salons: 110 employer businesses here. Typical sale multiple: 1.4x - 1.88x SDE.

  • Barber Shops: 57 employer businesses here. Typical sale multiple: 1.5x - 2.25x SDE.

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

Hospitality & Travel

596 related employer businesses in Nashville.

  • Hotels: 423 employer businesses here. Typical sale multiple: 2.6x - 5.1x EBITDA.

  • Motels: 423 employer businesses here. Typical sale multiple: 1.1x - 2.5x SDE.

  • Transportation Services: 112 employer businesses here. Typical sale multiple: 2.0x - 4.1x SDE.

  • Travel Agencies: 40 employer businesses here. Typical sale multiple: 2.3x - 3.2x SDE.

  • Campgrounds & RV Parks: 14 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA.

  • Bed & Breakfasts / Inns: 7 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.

Pharmacies & Medical Supply

547 related employer businesses in Nashville.

Health & Fitness

485 related employer businesses in Nashville.

Education & Childcare

394 related employer businesses in Nashville.

  • Daycare Centers: 346 employer businesses here. Typical sale multiple: 2.39x - 3.35x SDE.

  • Tutoring Centers: 48 employer businesses here. Typical sale multiple: 2.0x - 3.5x SDE.

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

Entertainment & Recreation

391 related employer businesses in Nashville.

  • Bars & Pubs: 181 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.

  • Clubs & Lounges: 181 employer businesses here. Typical sale multiple: 3.0x - 6.0x EBITDA.

  • Outdoor Recreation: 120 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.

  • Golf Courses: 45 employer businesses here. Typical sale multiple: 8.0x - 11.0x EBITDA.

  • Arcades & FECs: 30 employer businesses here. Typical sale multiple: 2.1x - 3.6x SDE.

  • Bowling Alleys: 15 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.

Senior Care & Living

289 related employer businesses in Nashville.

Energy & Utilities

279 related employer businesses in Nashville.

Pet Services

238 related employer businesses in Nashville.

E-commerce & Online Businesses

Land & Agriculture

Counties in this metro area

Working with owners in Nashville

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

FREQUENTLY ASKED QUESTIONS

Questions owners in Nashville ask

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

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 Nashville?

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 Nashville

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