Selling a Business in New York

Owners in the New York area sell to local buyers and to buyers from other markets. The area has 562,802 employer businesses, and 88% of them have fewer than 20 employees. This page shows what is here and how a sale is handled.

LOCAL SNAPSHOT

New York by the numbers

562,802

562,802

EMPLOYER BUSINESSES

88%

88%

SMALL EMPLOYER SHARE

2,336,785

2,336,785

BUSINESSES WITH NO EMPLOYEES

8,559,248

8,559,248

EMPLOYMENT

$768.8 billion

$768.8 billion

ANNUAL PAYROLL

188,097

188,097

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 York compares

  • The New York area ranks 1st of 13 New York metro areas for employer businesses.

  • The number of employer businesses fell 0.2% between 2018 and 2023.

  • Wholesale makes up 5% of employer businesses in New York, compared with 5% in New York.

  • 188,097 employer businesses here have 5 to 49 employees.

  • The New York area ranks 1st of 13 New York metro areas for employer businesses.

  • The number of employer businesses fell 0.2% between 2018 and 2023.

  • Wholesale makes up 5% of employer businesses in New York, compared with 5% in New York.

  • 188,097 employer businesses here have 5 to 49 employees.

Industry mix

The largest industries by number of employer businesses:

  • Professional and technical services: 71,000 employer businesses

  • Retail: 70,682 employer businesses

  • Health care and social assistance: 65,817 employer businesses

  • Repair, personal care and other services: 59,479 employer businesses

  • Accommodation and food service: 54,166 employer businesses

The largest industries by number of employer businesses:

  • Professional and technical services: 71,000 employer businesses

  • Retail: 70,682 employer businesses

  • Health care and social assistance: 65,817 employer businesses

  • Repair, personal care and other services: 59,479 employer businesses

  • Accommodation and food service: 54,166 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 New York

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

58,538 related employer businesses in New York.

Construction & Engineering

57,170 related employer businesses in New York.

  • General Contracting: 19,206 employer businesses here. Typical sale multiple: 3.0x - 4.5x SDE.

  • Interior Finishing: 8,524 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.

  • Landscaping: 8,059 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.

  • Plumbing: 7,640 employer businesses here. Typical sale multiple: 3.5x - 5.0x SDE.

  • HVAC Services: 7,640 employer businesses here. Typical sale multiple: 4.6x - 7.0x EBITDA.

  • Electrical: 5,781 employer businesses here. Typical sale multiple: 4.0x - 8.0x EBITDA.

  • Civil Engineering: 2,536 employer businesses here. Typical sale multiple: 7.0x - 11.0x EBITDA.

  • Foundation & Site Prep: 1,901 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Fleet.

  • Masonry: 1,571 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Equipment.

  • Roofing & Siding: 1,052 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.

  • Carpentry & Framing: 499 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.

  • Remediation & Restoration: 401 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA.

Medical Practices

40,691 related employer businesses in New York.

Retail Stores

29,098 related employer businesses in New York.

Financial & Professional Services

28,319 related employer businesses in New York.

Beauty & Personal Care

17,780 related employer businesses in New York.

  • Hair Salons: 8,444 employer businesses here. Typical sale multiple: 1.25x - 2.34x SDE.

  • Nail Salons: 5,076 employer businesses here. Typical sale multiple: 1.4x - 1.88x SDE.

  • Day Spas: 2,936 employer businesses here. Typical sale multiple: 1.8x - 2.8x SDE.

  • Tattoo Shops: 2,936 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE.

  • Massage Parlors: 2,936 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE.

  • Barber Shops: 1,324 employer businesses here. Typical sale multiple: 1.5x - 2.25x SDE.

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

Wholesale & Distribution

15,567 related employer businesses in New York.

Technology & Media

14,100 related employer businesses in New York.

Logistics & Transportation

13,317 related employer businesses in New York.

Home Services

13,281 related employer businesses in New York.

Automotive & Boat

13,056 related employer businesses in New York.

  • Auto Repair: 5,531 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE.

  • Collision Repair: 2,042 employer businesses here. Typical sale multiple: 3.5x - 5.0x EBITDA.

  • Car Dealerships: 1,751 employer businesses here. Typical sale multiple: 2x - 8x Blue Sky + Assets.

  • Auto Parts: 1,610 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE + Inventory.

  • Car Washes: 1,112 employer businesses here. Typical sale multiple: 4.5x - 7.0x EBITDA.

  • Towing & Repo: 539 employer businesses here. Typical sale multiple: 3.0x - 4.0x EBITDA + Fleet.

  • Marinas: 335 employer businesses here. Typical sale multiple: Cap Rate or 4.0x - 7.0x EBITDA.

  • Boat Dealerships: 136 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA.

Manufacturing

10,563 related employer businesses in New York.

Education & Childcare

8,057 related employer businesses in New York.

  • Daycare Centers: 6,885 employer businesses here. Typical sale multiple: 2.39x - 3.35x SDE.

  • Tutoring Centers: 1,172 employer businesses here. Typical sale multiple: 2.0x - 3.5x SDE.

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

Gas Stations & Convenience

7,780 related employer businesses in New York.

  • Convenience Stores: 4,232 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE + Inventory.

  • Gas Stations: 3,548 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA + Real Estate.

  • Truck Stops & Travel Centers. Typical sale multiple: 3.5x - 5.5x EBITDA + Real Estate.

Pharmacies & Medical Supply

7,644 related employer businesses in New York.

Hospitality & Travel

6,752 related employer businesses in New York.

  • Transportation Services: 3,697 employer businesses here. Typical sale multiple: 2.0x - 4.1x SDE.

  • Hotels: 1,666 employer businesses here. Typical sale multiple: 2.6x - 5.1x EBITDA.

  • Motels: 1,666 employer businesses here. Typical sale multiple: 1.1x - 2.5x SDE.

  • Travel Agencies: 1,306 employer businesses here. Typical sale multiple: 2.3x - 3.2x SDE.

  • Bed & Breakfasts / Inns: 48 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.

  • Campgrounds & RV Parks: 35 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA.

Entertainment & Recreation

4,491 related employer businesses in New York.

  • Bars & Pubs: 2,554 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.

  • Clubs & Lounges: 2,554 employer businesses here. Typical sale multiple: 3.0x - 6.0x EBITDA.

  • Outdoor Recreation: 1,344 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.

  • Golf Courses: 329 employer businesses here. Typical sale multiple: 8.0x - 11.0x EBITDA.

  • Arcades & FECs: 167 employer businesses here. Typical sale multiple: 2.1x - 3.6x SDE.

  • Bowling Alleys: 97 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.

Health & Fitness

4,028 related employer businesses in New York.

Senior Care & Living

3,185 related employer businesses in New York.

Energy & Utilities

1,900 related employer businesses in New York.

Pet Services

1,794 related employer businesses in New York.

Land & Agriculture

4 related employer businesses in New York.

E-commerce & Online Businesses

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

58,538 related employer businesses in New York.

Construction & Engineering

57,170 related employer businesses in New York.

  • General Contracting: 19,206 employer businesses here. Typical sale multiple: 3.0x - 4.5x SDE.

  • Interior Finishing: 8,524 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.

  • Landscaping: 8,059 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.

  • Plumbing: 7,640 employer businesses here. Typical sale multiple: 3.5x - 5.0x SDE.

  • HVAC Services: 7,640 employer businesses here. Typical sale multiple: 4.6x - 7.0x EBITDA.

  • Electrical: 5,781 employer businesses here. Typical sale multiple: 4.0x - 8.0x EBITDA.

  • Civil Engineering: 2,536 employer businesses here. Typical sale multiple: 7.0x - 11.0x EBITDA.

  • Foundation & Site Prep: 1,901 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Fleet.

  • Masonry: 1,571 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Equipment.

  • Roofing & Siding: 1,052 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.

  • Carpentry & Framing: 499 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.

  • Remediation & Restoration: 401 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA.

Medical Practices

40,691 related employer businesses in New York.

Retail Stores

29,098 related employer businesses in New York.

Financial & Professional Services

28,319 related employer businesses in New York.

Beauty & Personal Care

17,780 related employer businesses in New York.

  • Hair Salons: 8,444 employer businesses here. Typical sale multiple: 1.25x - 2.34x SDE.

  • Nail Salons: 5,076 employer businesses here. Typical sale multiple: 1.4x - 1.88x SDE.

  • Day Spas: 2,936 employer businesses here. Typical sale multiple: 1.8x - 2.8x SDE.

  • Tattoo Shops: 2,936 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE.

  • Massage Parlors: 2,936 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE.

  • Barber Shops: 1,324 employer businesses here. Typical sale multiple: 1.5x - 2.25x SDE.

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

Wholesale & Distribution

15,567 related employer businesses in New York.

Technology & Media

14,100 related employer businesses in New York.

Logistics & Transportation

13,317 related employer businesses in New York.

Home Services

13,281 related employer businesses in New York.

Automotive & Boat

13,056 related employer businesses in New York.

  • Auto Repair: 5,531 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE.

  • Collision Repair: 2,042 employer businesses here. Typical sale multiple: 3.5x - 5.0x EBITDA.

  • Car Dealerships: 1,751 employer businesses here. Typical sale multiple: 2x - 8x Blue Sky + Assets.

  • Auto Parts: 1,610 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE + Inventory.

  • Car Washes: 1,112 employer businesses here. Typical sale multiple: 4.5x - 7.0x EBITDA.

  • Towing & Repo: 539 employer businesses here. Typical sale multiple: 3.0x - 4.0x EBITDA + Fleet.

  • Marinas: 335 employer businesses here. Typical sale multiple: Cap Rate or 4.0x - 7.0x EBITDA.

  • Boat Dealerships: 136 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA.

Manufacturing

10,563 related employer businesses in New York.

Education & Childcare

8,057 related employer businesses in New York.

  • Daycare Centers: 6,885 employer businesses here. Typical sale multiple: 2.39x - 3.35x SDE.

  • Tutoring Centers: 1,172 employer businesses here. Typical sale multiple: 2.0x - 3.5x SDE.

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

Gas Stations & Convenience

7,780 related employer businesses in New York.

  • Convenience Stores: 4,232 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE + Inventory.

  • Gas Stations: 3,548 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA + Real Estate.

  • Truck Stops & Travel Centers. Typical sale multiple: 3.5x - 5.5x EBITDA + Real Estate.

Pharmacies & Medical Supply

7,644 related employer businesses in New York.

Hospitality & Travel

6,752 related employer businesses in New York.

  • Transportation Services: 3,697 employer businesses here. Typical sale multiple: 2.0x - 4.1x SDE.

  • Hotels: 1,666 employer businesses here. Typical sale multiple: 2.6x - 5.1x EBITDA.

  • Motels: 1,666 employer businesses here. Typical sale multiple: 1.1x - 2.5x SDE.

  • Travel Agencies: 1,306 employer businesses here. Typical sale multiple: 2.3x - 3.2x SDE.

  • Bed & Breakfasts / Inns: 48 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.

  • Campgrounds & RV Parks: 35 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA.

Entertainment & Recreation

4,491 related employer businesses in New York.

  • Bars & Pubs: 2,554 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.

  • Clubs & Lounges: 2,554 employer businesses here. Typical sale multiple: 3.0x - 6.0x EBITDA.

  • Outdoor Recreation: 1,344 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.

  • Golf Courses: 329 employer businesses here. Typical sale multiple: 8.0x - 11.0x EBITDA.

  • Arcades & FECs: 167 employer businesses here. Typical sale multiple: 2.1x - 3.6x SDE.

  • Bowling Alleys: 97 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.

Health & Fitness

4,028 related employer businesses in New York.

Senior Care & Living

3,185 related employer businesses in New York.

Energy & Utilities

1,900 related employer businesses in New York.

Pet Services

1,794 related employer businesses in New York.

Land & Agriculture

4 related employer businesses in New York.

E-commerce & Online Businesses

Counties in this metro area

Working with owners in New York

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

FREQUENTLY ASKED QUESTIONS

Questions owners in New York ask

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

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 York?

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 York

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