Selling a Business in Provo

Owners in the Provo area sell to local buyers and to buyers from other markets. The area has 17,856 employer businesses, and 87% of them have fewer than 20 employees. This page shows what is here and how a sale is handled.

LOCAL SNAPSHOT

Provo by the numbers

17,856

17,856

EMPLOYER BUSINESSES

87%

87%

SMALL EMPLOYER SHARE

75,698

75,698

BUSINESSES WITH NO EMPLOYEES

277,633

277,633

EMPLOYMENT

$15.5 billion

$15.5 billion

ANNUAL PAYROLL

5,964

5,964

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 Provo compares

  • The Provo area ranks 2nd of 5 Utah metro areas for employer businesses.

  • The number of employer businesses grew 23.9% between 2018 and 2023.

  • Professional and technical services makes up 17% of employer businesses in Provo, compared with 14% in Utah.

  • 5,964 employer businesses here have 5 to 49 employees.

  • The Provo area ranks 2nd of 5 Utah metro areas for employer businesses.

  • The number of employer businesses grew 23.9% between 2018 and 2023.

  • Professional and technical services makes up 17% of employer businesses in Provo, compared with 14% in Utah.

  • 5,964 employer businesses here have 5 to 49 employees.

Industry mix

The largest industries by number of employer businesses:

  • Professional and technical services: 3,001 employer businesses

  • Construction: 2,425 employer businesses

  • Retail: 2,071 employer businesses

  • Health care and social assistance: 2,009 employer businesses

  • Accommodation and food service: 1,150 employer businesses

The largest industries by number of employer businesses:

  • Professional and technical services: 3,001 employer businesses

  • Construction: 2,425 employer businesses

  • Retail: 2,071 employer businesses

  • Health care and social assistance: 2,009 employer businesses

  • Accommodation and food service: 1,150 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 Provo

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

2,548 related employer businesses in Provo.

  • General Contracting: 680 employer businesses here. Typical sale multiple: 3.0x - 4.5x SDE.

  • Interior Finishing: 491 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.

  • Plumbing: 255 employer businesses here. Typical sale multiple: 3.5x - 5.0x SDE.

  • HVAC Services: 255 employer businesses here. Typical sale multiple: 4.6x - 7.0x EBITDA.

  • Landscaping: 254 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.

  • Electrical: 241 employer businesses here. Typical sale multiple: 4.0x - 8.0x EBITDA.

  • Foundation & Site Prep: 222 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Fleet.

  • Civil Engineering: 124 employer businesses here. Typical sale multiple: 7.0x - 11.0x EBITDA.

  • Carpentry & Framing: 102 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.

  • Roofing & Siding: 100 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.

  • Masonry: 71 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Equipment.

  • Remediation & Restoration: 8 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA.

Financial & Professional Services

1,419 related employer businesses in Provo.

Medical Practices

1,309 related employer businesses in Provo.

Restaurants & Food

1,072 related employer businesses in Provo.

Retail Stores

639 related employer businesses in Provo.

Technology & Media

603 related employer businesses in Provo.

Manufacturing

544 related employer businesses in Provo.

Automotive & Boat

516 related employer businesses in Provo.

  • Auto Repair: 208 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE.

  • Car Dealerships: 104 employer businesses here. Typical sale multiple: 2x - 8x Blue Sky + Assets.

  • Auto Parts: 68 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE + Inventory.

  • Collision Repair: 62 employer businesses here. Typical sale multiple: 3.5x - 5.0x EBITDA.

  • Car Washes: 55 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.

  • Boat Dealerships: 3 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA.

Home Services

429 related employer businesses in Provo.

Logistics & Transportation

328 related employer businesses in Provo.

Beauty & Personal Care

325 related employer businesses in Provo.

  • Hair Salons: 171 employer businesses here. Typical sale multiple: 1.25x - 2.34x SDE.

  • Day Spas: 77 employer businesses here. Typical sale multiple: 1.8x - 2.8x SDE.

  • Tattoo Shops: 77 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE.

  • Massage Parlors: 77 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE.

  • Nail Salons: 58 employer businesses here. Typical sale multiple: 1.4x - 1.88x SDE.

  • Barber Shops: 19 employer businesses here. Typical sale multiple: 1.5x - 2.25x SDE.

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

Wholesale & Distribution

232 related employer businesses in Provo.

Health & Fitness

168 related employer businesses in Provo.

Gas Stations & Convenience

138 related employer businesses in Provo.

Education & Childcare

135 related employer businesses in Provo.

  • Daycare Centers: 114 employer businesses here. Typical sale multiple: 2.39x - 3.35x SDE.

  • Tutoring Centers: 21 employer businesses here. Typical sale multiple: 2.0x - 3.5x SDE.

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

Pharmacies & Medical Supply

128 related employer businesses in Provo.

Entertainment & Recreation

97 related employer businesses in Provo.

  • Outdoor Recreation: 68 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.

  • Bars & Pubs: 9 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.

  • Clubs & Lounges: 9 employer businesses here. Typical sale multiple: 3.0x - 6.0x EBITDA.

  • Arcades & FECs: 9 employer businesses here. Typical sale multiple: 2.1x - 3.6x SDE.

  • Golf Courses: 6 employer businesses here. Typical sale multiple: 8.0x - 11.0x EBITDA.

  • 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.

Senior Care & Living

86 related employer businesses in Provo.

Hospitality & Travel

74 related employer businesses in Provo.

  • Hotels: 49 employer businesses here. Typical sale multiple: 2.6x - 5.1x EBITDA.

  • Motels: 49 employer businesses here. Typical sale multiple: 1.1x - 2.5x SDE.

  • Travel Agencies: 12 employer businesses here. Typical sale multiple: 2.3x - 3.2x SDE.

  • Transportation Services: 7 employer businesses here. Typical sale multiple: 2.0x - 4.1x SDE.

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

Pet Services

62 related employer businesses in Provo.

Energy & Utilities

60 related employer businesses in Provo.

E-commerce & Online Businesses

Land & Agriculture

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

2,548 related employer businesses in Provo.

  • General Contracting: 680 employer businesses here. Typical sale multiple: 3.0x - 4.5x SDE.

  • Interior Finishing: 491 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.

  • Plumbing: 255 employer businesses here. Typical sale multiple: 3.5x - 5.0x SDE.

  • HVAC Services: 255 employer businesses here. Typical sale multiple: 4.6x - 7.0x EBITDA.

  • Landscaping: 254 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.

  • Electrical: 241 employer businesses here. Typical sale multiple: 4.0x - 8.0x EBITDA.

  • Foundation & Site Prep: 222 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Fleet.

  • Civil Engineering: 124 employer businesses here. Typical sale multiple: 7.0x - 11.0x EBITDA.

  • Carpentry & Framing: 102 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.

  • Roofing & Siding: 100 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.

  • Masonry: 71 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Equipment.

  • Remediation & Restoration: 8 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA.

Financial & Professional Services

1,419 related employer businesses in Provo.

Medical Practices

1,309 related employer businesses in Provo.

Restaurants & Food

1,072 related employer businesses in Provo.

Retail Stores

639 related employer businesses in Provo.

Technology & Media

603 related employer businesses in Provo.

Manufacturing

544 related employer businesses in Provo.

Automotive & Boat

516 related employer businesses in Provo.

  • Auto Repair: 208 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE.

  • Car Dealerships: 104 employer businesses here. Typical sale multiple: 2x - 8x Blue Sky + Assets.

  • Auto Parts: 68 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE + Inventory.

  • Collision Repair: 62 employer businesses here. Typical sale multiple: 3.5x - 5.0x EBITDA.

  • Car Washes: 55 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.

  • Boat Dealerships: 3 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA.

Home Services

429 related employer businesses in Provo.

Logistics & Transportation

328 related employer businesses in Provo.

Beauty & Personal Care

325 related employer businesses in Provo.

  • Hair Salons: 171 employer businesses here. Typical sale multiple: 1.25x - 2.34x SDE.

  • Day Spas: 77 employer businesses here. Typical sale multiple: 1.8x - 2.8x SDE.

  • Tattoo Shops: 77 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE.

  • Massage Parlors: 77 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE.

  • Nail Salons: 58 employer businesses here. Typical sale multiple: 1.4x - 1.88x SDE.

  • Barber Shops: 19 employer businesses here. Typical sale multiple: 1.5x - 2.25x SDE.

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

Wholesale & Distribution

232 related employer businesses in Provo.

Health & Fitness

168 related employer businesses in Provo.

Gas Stations & Convenience

138 related employer businesses in Provo.

Education & Childcare

135 related employer businesses in Provo.

  • Daycare Centers: 114 employer businesses here. Typical sale multiple: 2.39x - 3.35x SDE.

  • Tutoring Centers: 21 employer businesses here. Typical sale multiple: 2.0x - 3.5x SDE.

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

Pharmacies & Medical Supply

128 related employer businesses in Provo.

Entertainment & Recreation

97 related employer businesses in Provo.

  • Outdoor Recreation: 68 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.

  • Bars & Pubs: 9 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.

  • Clubs & Lounges: 9 employer businesses here. Typical sale multiple: 3.0x - 6.0x EBITDA.

  • Arcades & FECs: 9 employer businesses here. Typical sale multiple: 2.1x - 3.6x SDE.

  • Golf Courses: 6 employer businesses here. Typical sale multiple: 8.0x - 11.0x EBITDA.

  • 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.

Senior Care & Living

86 related employer businesses in Provo.

Hospitality & Travel

74 related employer businesses in Provo.

  • Hotels: 49 employer businesses here. Typical sale multiple: 2.6x - 5.1x EBITDA.

  • Motels: 49 employer businesses here. Typical sale multiple: 1.1x - 2.5x SDE.

  • Travel Agencies: 12 employer businesses here. Typical sale multiple: 2.3x - 3.2x SDE.

  • Transportation Services: 7 employer businesses here. Typical sale multiple: 2.0x - 4.1x SDE.

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

Pet Services

62 related employer businesses in Provo.

Energy & Utilities

60 related employer businesses in Provo.

E-commerce & Online Businesses

Land & Agriculture

Counties in this metro area

Working with owners in Provo

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

FREQUENTLY ASKED QUESTIONS

Questions owners in Provo ask

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

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 Provo?

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 Provo

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