Selling a Business in New Haven

Owners in the New Haven area sell to local buyers and to buyers from other markets. The area has 13,779 employer businesses, and 83% of them have fewer than 20 employees. This page shows what is here and how a sale is handled.

LOCAL SNAPSHOT

New Haven by the numbers

13,779

13,779

EMPLOYER BUSINESSES

83%

83%

SMALL EMPLOYER SHARE

50,322

50,322

BUSINESSES WITH NO EMPLOYEES

263,675

263,675

EMPLOYMENT

$17.2 billion

$17.2 billion

ANNUAL PAYROLL

6,005

6,005

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 New Haven compares

  • The New Haven area ranks 3rd of 5 Connecticut metro areas for employer businesses.

  • Wholesale makes up 5% of employer businesses in New Haven, compared with 4% in Connecticut.

  • 6,005 employer businesses here have 5 to 49 employees.

  • The New Haven area ranks 3rd of 5 Connecticut metro areas for employer businesses.

  • Wholesale makes up 5% of employer businesses in New Haven, compared with 4% in Connecticut.

  • 6,005 employer businesses here have 5 to 49 employees.

Industry mix

The largest industries by number of employer businesses:

  • Health care and social assistance: 1,958 employer businesses

  • Retail: 1,860 employer businesses

  • Repair, personal care and other services: 1,537 employer businesses

  • Accommodation and food service: 1,502 employer businesses

  • Professional and technical services: 1,390 employer businesses

The largest industries by number of employer businesses:

  • Health care and social assistance: 1,958 employer businesses

  • Retail: 1,860 employer businesses

  • Repair, personal care and other services: 1,537 employer businesses

  • Accommodation and food service: 1,502 employer businesses

  • Professional and technical services: 1,390 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 New Haven

Health care and social assistance, retail, repair, personal care and other services, accommodation and food service

Every kind of business we sell in New Haven

We sell businesses in every one of these industries in New Haven. 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

1,545 related employer businesses in New Haven.

Construction & Engineering

1,343 related employer businesses in New Haven.

  • General Contracting: 284 employer businesses here. Typical sale multiple: 3.0x - 4.5x SDE.

  • Landscaping: 236 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.

  • Interior Finishing: 199 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.

  • Plumbing: 196 employer businesses here. Typical sale multiple: 3.5x - 5.0x SDE.

  • HVAC Services: 196 employer businesses here. Typical sale multiple: 4.6x - 7.0x EBITDA.

  • Electrical: 179 employer businesses here. Typical sale multiple: 4.0x - 8.0x EBITDA.

  • Foundation & Site Prep: 85 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Fleet.

  • Civil Engineering: 74 employer businesses here. Typical sale multiple: 7.0x - 11.0x EBITDA.

  • Roofing & Siding: 35 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.

  • Masonry: 26 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Equipment.

  • Remediation & Restoration: 23 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA.

  • Carpentry & Framing: 6 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.

Medical Practices

1,144 related employer businesses in New Haven.

Retail Stores

702 related employer businesses in New Haven.

Financial & Professional Services

674 related employer businesses in New Haven.

Automotive & Boat

492 related employer businesses in New Haven.

  • Auto Repair: 178 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE.

  • Car Dealerships: 87 employer businesses here. Typical sale multiple: 2x - 8x Blue Sky + Assets.

  • Auto Parts: 76 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE + Inventory.

  • Collision Repair: 71 employer businesses here. Typical sale multiple: 3.5x - 5.0x EBITDA.

  • Car Washes: 44 employer businesses here. Typical sale multiple: 4.5x - 7.0x EBITDA.

  • Towing & Repo: 16 employer businesses here. Typical sale multiple: 3.0x - 4.0x EBITDA + Fleet.

  • Marinas: 14 employer businesses here. Typical sale multiple: Cap Rate or 4.0x - 7.0x EBITDA.

  • Boat Dealerships: 6 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA.

Manufacturing

484 related employer businesses in New Haven.

Beauty & Personal Care

397 related employer businesses in New Haven.

  • Hair Salons: 160 employer businesses here. Typical sale multiple: 1.25x - 2.34x SDE.

  • Nail Salons: 129 employer businesses here. Typical sale multiple: 1.4x - 1.88x SDE.

  • Day Spas: 99 employer businesses here. Typical sale multiple: 1.8x - 2.8x SDE.

  • Tattoo Shops: 99 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE.

  • Massage Parlors: 99 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE.

  • Barber Shops: 9 employer businesses here. Typical sale multiple: 1.5x - 2.25x SDE.

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

Wholesale & Distribution

323 related employer businesses in New Haven.

Gas Stations & Convenience

284 related employer businesses in New Haven.

Home Services

246 related employer businesses in New Haven.

Logistics & Transportation

243 related employer businesses in New Haven.

Health & Fitness

197 related employer businesses in New Haven.

Education & Childcare

174 related employer businesses in New Haven.

  • Daycare Centers: 155 employer businesses here. Typical sale multiple: 2.39x - 3.35x SDE.

  • Tutoring Centers: 19 employer businesses here. Typical sale multiple: 2.0x - 3.5x SDE.

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

Pharmacies & Medical Supply

165 related employer businesses in New Haven.

Technology & Media

137 related employer businesses in New Haven.

Senior Care & Living

129 related employer businesses in New Haven.

Hospitality & Travel

123 related employer businesses in New Haven.

  • Hotels: 66 employer businesses here. Typical sale multiple: 2.6x - 5.1x EBITDA.

  • Motels: 66 employer businesses here. Typical sale multiple: 1.1x - 2.5x SDE.

  • Transportation Services: 46 employer businesses here. Typical sale multiple: 2.0x - 4.1x SDE.

  • Travel Agencies: 11 employer businesses here. Typical sale multiple: 2.3x - 3.2x SDE.

Entertainment & Recreation

119 related employer businesses in New Haven.

  • Bars & Pubs: 51 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.

  • Clubs & Lounges: 51 employer businesses here. Typical sale multiple: 3.0x - 6.0x EBITDA.

  • Outdoor Recreation: 40 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.

  • Golf Courses: 17 employer businesses here. Typical sale multiple: 8.0x - 11.0x EBITDA.

  • Arcades & FECs: 6 employer businesses here. Typical sale multiple: 2.1x - 3.6x SDE.

  • Bowling Alleys: 5 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.

Energy & Utilities

60 related employer businesses in New Haven.

Pet Services

60 related employer businesses in New Haven.

E-commerce & Online Businesses

Land & Agriculture

We sell businesses in every one of these industries in New Haven. 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

1,545 related employer businesses in New Haven.

Construction & Engineering

1,343 related employer businesses in New Haven.

  • General Contracting: 284 employer businesses here. Typical sale multiple: 3.0x - 4.5x SDE.

  • Landscaping: 236 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.

  • Interior Finishing: 199 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.

  • Plumbing: 196 employer businesses here. Typical sale multiple: 3.5x - 5.0x SDE.

  • HVAC Services: 196 employer businesses here. Typical sale multiple: 4.6x - 7.0x EBITDA.

  • Electrical: 179 employer businesses here. Typical sale multiple: 4.0x - 8.0x EBITDA.

  • Foundation & Site Prep: 85 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Fleet.

  • Civil Engineering: 74 employer businesses here. Typical sale multiple: 7.0x - 11.0x EBITDA.

  • Roofing & Siding: 35 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.

  • Masonry: 26 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Equipment.

  • Remediation & Restoration: 23 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA.

  • Carpentry & Framing: 6 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.

Medical Practices

1,144 related employer businesses in New Haven.

Retail Stores

702 related employer businesses in New Haven.

Financial & Professional Services

674 related employer businesses in New Haven.

Automotive & Boat

492 related employer businesses in New Haven.

  • Auto Repair: 178 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE.

  • Car Dealerships: 87 employer businesses here. Typical sale multiple: 2x - 8x Blue Sky + Assets.

  • Auto Parts: 76 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE + Inventory.

  • Collision Repair: 71 employer businesses here. Typical sale multiple: 3.5x - 5.0x EBITDA.

  • Car Washes: 44 employer businesses here. Typical sale multiple: 4.5x - 7.0x EBITDA.

  • Towing & Repo: 16 employer businesses here. Typical sale multiple: 3.0x - 4.0x EBITDA + Fleet.

  • Marinas: 14 employer businesses here. Typical sale multiple: Cap Rate or 4.0x - 7.0x EBITDA.

  • Boat Dealerships: 6 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA.

Manufacturing

484 related employer businesses in New Haven.

Beauty & Personal Care

397 related employer businesses in New Haven.

  • Hair Salons: 160 employer businesses here. Typical sale multiple: 1.25x - 2.34x SDE.

  • Nail Salons: 129 employer businesses here. Typical sale multiple: 1.4x - 1.88x SDE.

  • Day Spas: 99 employer businesses here. Typical sale multiple: 1.8x - 2.8x SDE.

  • Tattoo Shops: 99 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE.

  • Massage Parlors: 99 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE.

  • Barber Shops: 9 employer businesses here. Typical sale multiple: 1.5x - 2.25x SDE.

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

Wholesale & Distribution

323 related employer businesses in New Haven.

Gas Stations & Convenience

284 related employer businesses in New Haven.

Home Services

246 related employer businesses in New Haven.

Logistics & Transportation

243 related employer businesses in New Haven.

Health & Fitness

197 related employer businesses in New Haven.

Education & Childcare

174 related employer businesses in New Haven.

  • Daycare Centers: 155 employer businesses here. Typical sale multiple: 2.39x - 3.35x SDE.

  • Tutoring Centers: 19 employer businesses here. Typical sale multiple: 2.0x - 3.5x SDE.

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

Pharmacies & Medical Supply

165 related employer businesses in New Haven.

Technology & Media

137 related employer businesses in New Haven.

Senior Care & Living

129 related employer businesses in New Haven.

Hospitality & Travel

123 related employer businesses in New Haven.

  • Hotels: 66 employer businesses here. Typical sale multiple: 2.6x - 5.1x EBITDA.

  • Motels: 66 employer businesses here. Typical sale multiple: 1.1x - 2.5x SDE.

  • Transportation Services: 46 employer businesses here. Typical sale multiple: 2.0x - 4.1x SDE.

  • Travel Agencies: 11 employer businesses here. Typical sale multiple: 2.3x - 3.2x SDE.

Entertainment & Recreation

119 related employer businesses in New Haven.

  • Bars & Pubs: 51 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.

  • Clubs & Lounges: 51 employer businesses here. Typical sale multiple: 3.0x - 6.0x EBITDA.

  • Outdoor Recreation: 40 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.

  • Golf Courses: 17 employer businesses here. Typical sale multiple: 8.0x - 11.0x EBITDA.

  • Arcades & FECs: 6 employer businesses here. Typical sale multiple: 2.1x - 3.6x SDE.

  • Bowling Alleys: 5 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.

Energy & Utilities

60 related employer businesses in New Haven.

Pet Services

60 related employer businesses in New Haven.

E-commerce & Online Businesses

Land & Agriculture

Counties in this metro area

Working with owners in New Haven

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

FREQUENTLY ASKED QUESTIONS

Questions owners in New Haven ask

How long does it take to sell a business in New Haven?

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 New Haven?

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 New Haven

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