Selling a Business in Palm Bay

Owners in the Palm Bay area sell to local buyers and to buyers from other markets. The area has 15,510 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

Palm Bay by the numbers

15,510

15,510

EMPLOYER BUSINESSES

88%

88%

SMALL EMPLOYER SHARE

60,649

60,649

BUSINESSES WITH NO EMPLOYEES

205,503

205,503

EMPLOYMENT

$11.9 billion

$11.9 billion

ANNUAL PAYROLL

5,567

5,567

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 Palm Bay compares

  • The Palm Bay area ranks 8th of 22 Florida metro areas for employer businesses.

  • The number of employer businesses grew 7.1% between 2018 and 2023.

  • Retail makes up 13% of employer businesses in Palm Bay, compared with 12% in Florida.

  • 5,567 employer businesses here have 5 to 49 employees.

  • The Palm Bay area ranks 8th of 22 Florida metro areas for employer businesses.

  • The number of employer businesses grew 7.1% between 2018 and 2023.

  • Retail makes up 13% of employer businesses in Palm Bay, compared with 12% in Florida.

  • 5,567 employer businesses here have 5 to 49 employees.

Industry mix

The largest industries by number of employer businesses:

  • Professional and technical services: 2,061 employer businesses

  • Retail: 2,049 employer businesses

  • Health care and social assistance: 1,869 employer businesses

  • Construction: 1,750 employer businesses

  • Repair, personal care and other services: 1,466 employer businesses

The largest industries by number of employer businesses:

  • Professional and technical services: 2,061 employer businesses

  • Retail: 2,049 employer businesses

  • Health care and social assistance: 1,869 employer businesses

  • Construction: 1,750 employer businesses

  • Repair, personal care and other services: 1,466 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 Palm Bay

We sell businesses in every one of these industries in Palm Bay. 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

2,114 related employer businesses in Palm Bay.

  • General Contracting: 453 employer businesses here. Typical sale multiple: 3.0x - 4.5x SDE.

  • Interior Finishing: 365 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.

  • Landscaping: 349 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.

  • Plumbing: 269 employer businesses here. Typical sale multiple: 3.5x - 5.0x SDE.

  • HVAC Services: 269 employer businesses here. Typical sale multiple: 4.6x - 7.0x EBITDA.

  • Civil Engineering: 247 employer businesses here. Typical sale multiple: 7.0x - 11.0x EBITDA.

  • Electrical: 162 employer businesses here. Typical sale multiple: 4.0x - 8.0x EBITDA.

  • Roofing & Siding: 103 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.

  • Foundation & Site Prep: 96 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Fleet.

  • Masonry: 31 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Equipment.

  • Carpentry & Framing: 25 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.

  • Remediation & Restoration: 14 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA.

Medical Practices

1,236 related employer businesses in Palm Bay.

Restaurants & Food

1,208 related employer businesses in Palm Bay.

Financial & Professional Services

1,110 related employer businesses in Palm Bay.

Retail Stores

765 related employer businesses in Palm Bay.

Automotive & Boat

518 related employer businesses in Palm Bay.

  • Auto Repair: 184 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE.

  • Car Dealerships: 90 employer businesses here. Typical sale multiple: 2x - 8x Blue Sky + Assets.

  • Auto Parts: 79 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE + Inventory.

  • Collision Repair: 57 employer businesses here. Typical sale multiple: 3.5x - 5.0x EBITDA.

  • Car Washes: 51 employer businesses here. Typical sale multiple: 4.5x - 7.0x EBITDA.

  • Marinas: 21 employer businesses here. Typical sale multiple: Cap Rate or 4.0x - 7.0x EBITDA.

  • Towing & Repo: 18 employer businesses here. Typical sale multiple: 3.0x - 4.0x EBITDA + Fleet.

  • Boat Dealerships: 18 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA.

Home Services

400 related employer businesses in Palm Bay.

Manufacturing

357 related employer businesses in Palm Bay.

Beauty & Personal Care

348 related employer businesses in Palm Bay.

  • Hair Salons: 220 employer businesses here. Typical sale multiple: 1.25x - 2.34x SDE.

  • Day Spas: 84 employer businesses here. Typical sale multiple: 1.8x - 2.8x SDE.

  • Tattoo Shops: 84 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE.

  • Massage Parlors: 84 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE.

  • Nail Salons: 26 employer businesses here. Typical sale multiple: 1.4x - 1.88x SDE.

  • Barber Shops: 18 employer businesses here. Typical sale multiple: 1.5x - 2.25x SDE.

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

Gas Stations & Convenience

291 related employer businesses in Palm Bay.

Logistics & Transportation

261 related employer businesses in Palm Bay.

Wholesale & Distribution

215 related employer businesses in Palm Bay.

Pharmacies & Medical Supply

196 related employer businesses in Palm Bay.

Technology & Media

193 related employer businesses in Palm Bay.

Hospitality & Travel

152 related employer businesses in Palm Bay.

  • Hotels: 95 employer businesses here. Typical sale multiple: 2.6x - 5.1x EBITDA.

  • Motels: 95 employer businesses here. Typical sale multiple: 1.1x - 2.5x SDE.

  • Travel Agencies: 21 employer businesses here. Typical sale multiple: 2.3x - 3.2x SDE.

  • Transportation Services: 21 employer businesses here. Typical sale multiple: 2.0x - 4.1x SDE.

  • Campgrounds & RV Parks: 8 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.

Senior Care & Living

125 related employer businesses in Palm Bay.

Entertainment & Recreation

121 related employer businesses in Palm Bay.

  • Bars & Pubs: 71 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.

  • Clubs & Lounges: 71 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: 13 employer businesses here. Typical sale multiple: 8.0x - 11.0x EBITDA.

  • Arcades & FECs: 4 employer businesses here. Typical sale multiple: 2.1x - 3.6x SDE.

  • Bowling Alleys: 3 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.

Education & Childcare

111 related employer businesses in Palm Bay.

  • Daycare Centers: 95 employer businesses here. Typical sale multiple: 2.39x - 3.35x SDE.

  • Tutoring Centers: 16 employer businesses here. Typical sale multiple: 2.0x - 3.5x SDE.

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

Health & Fitness

102 related employer businesses in Palm Bay.

Pet Services

87 related employer businesses in Palm Bay.

Energy & Utilities

83 related employer businesses in Palm Bay.

E-commerce & Online Businesses

Land & Agriculture

We sell businesses in every one of these industries in Palm Bay. 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

2,114 related employer businesses in Palm Bay.

  • General Contracting: 453 employer businesses here. Typical sale multiple: 3.0x - 4.5x SDE.

  • Interior Finishing: 365 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.

  • Landscaping: 349 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.

  • Plumbing: 269 employer businesses here. Typical sale multiple: 3.5x - 5.0x SDE.

  • HVAC Services: 269 employer businesses here. Typical sale multiple: 4.6x - 7.0x EBITDA.

  • Civil Engineering: 247 employer businesses here. Typical sale multiple: 7.0x - 11.0x EBITDA.

  • Electrical: 162 employer businesses here. Typical sale multiple: 4.0x - 8.0x EBITDA.

  • Roofing & Siding: 103 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.

  • Foundation & Site Prep: 96 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Fleet.

  • Masonry: 31 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Equipment.

  • Carpentry & Framing: 25 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.

  • Remediation & Restoration: 14 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA.

Medical Practices

1,236 related employer businesses in Palm Bay.

Restaurants & Food

1,208 related employer businesses in Palm Bay.

Financial & Professional Services

1,110 related employer businesses in Palm Bay.

Retail Stores

765 related employer businesses in Palm Bay.

Automotive & Boat

518 related employer businesses in Palm Bay.

  • Auto Repair: 184 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE.

  • Car Dealerships: 90 employer businesses here. Typical sale multiple: 2x - 8x Blue Sky + Assets.

  • Auto Parts: 79 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE + Inventory.

  • Collision Repair: 57 employer businesses here. Typical sale multiple: 3.5x - 5.0x EBITDA.

  • Car Washes: 51 employer businesses here. Typical sale multiple: 4.5x - 7.0x EBITDA.

  • Marinas: 21 employer businesses here. Typical sale multiple: Cap Rate or 4.0x - 7.0x EBITDA.

  • Towing & Repo: 18 employer businesses here. Typical sale multiple: 3.0x - 4.0x EBITDA + Fleet.

  • Boat Dealerships: 18 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA.

Home Services

400 related employer businesses in Palm Bay.

Manufacturing

357 related employer businesses in Palm Bay.

Beauty & Personal Care

348 related employer businesses in Palm Bay.

  • Hair Salons: 220 employer businesses here. Typical sale multiple: 1.25x - 2.34x SDE.

  • Day Spas: 84 employer businesses here. Typical sale multiple: 1.8x - 2.8x SDE.

  • Tattoo Shops: 84 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE.

  • Massage Parlors: 84 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE.

  • Nail Salons: 26 employer businesses here. Typical sale multiple: 1.4x - 1.88x SDE.

  • Barber Shops: 18 employer businesses here. Typical sale multiple: 1.5x - 2.25x SDE.

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

Gas Stations & Convenience

291 related employer businesses in Palm Bay.

Logistics & Transportation

261 related employer businesses in Palm Bay.

Wholesale & Distribution

215 related employer businesses in Palm Bay.

Pharmacies & Medical Supply

196 related employer businesses in Palm Bay.

Technology & Media

193 related employer businesses in Palm Bay.

Hospitality & Travel

152 related employer businesses in Palm Bay.

  • Hotels: 95 employer businesses here. Typical sale multiple: 2.6x - 5.1x EBITDA.

  • Motels: 95 employer businesses here. Typical sale multiple: 1.1x - 2.5x SDE.

  • Travel Agencies: 21 employer businesses here. Typical sale multiple: 2.3x - 3.2x SDE.

  • Transportation Services: 21 employer businesses here. Typical sale multiple: 2.0x - 4.1x SDE.

  • Campgrounds & RV Parks: 8 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.

Senior Care & Living

125 related employer businesses in Palm Bay.

Entertainment & Recreation

121 related employer businesses in Palm Bay.

  • Bars & Pubs: 71 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.

  • Clubs & Lounges: 71 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: 13 employer businesses here. Typical sale multiple: 8.0x - 11.0x EBITDA.

  • Arcades & FECs: 4 employer businesses here. Typical sale multiple: 2.1x - 3.6x SDE.

  • Bowling Alleys: 3 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.

Education & Childcare

111 related employer businesses in Palm Bay.

  • Daycare Centers: 95 employer businesses here. Typical sale multiple: 2.39x - 3.35x SDE.

  • Tutoring Centers: 16 employer businesses here. Typical sale multiple: 2.0x - 3.5x SDE.

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

Health & Fitness

102 related employer businesses in Palm Bay.

Pet Services

87 related employer businesses in Palm Bay.

Energy & Utilities

83 related employer businesses in Palm Bay.

E-commerce & Online Businesses

Land & Agriculture

Counties in this metro area

Working with owners in Palm Bay

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

FREQUENTLY ASKED QUESTIONS

Questions owners in Palm Bay ask

How long does it take to sell a business in Palm Bay?

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 Palm Bay?

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 Palm Bay

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