Selling a Business in Raleigh

Owners in the Raleigh area sell to local buyers and to buyers from other markets. The area has 39,252 employer businesses, and 84% of them have fewer than 20 employees. This page shows what is here and how a sale is handled.

LOCAL SNAPSHOT

Raleigh by the numbers

39,252

39,252

EMPLOYER BUSINESSES

84%

84%

SMALL EMPLOYER SHARE

149,523

149,523

BUSINESSES WITH NO EMPLOYEES

617,511

617,511

EMPLOYMENT

$42.6 billion

$42.6 billion

ANNUAL PAYROLL

14,990

14,990

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 Raleigh compares

  • The Raleigh area ranks 2nd of 15 North Carolina metro areas for employer businesses.

  • The number of employer businesses grew 15.0% between 2018 and 2023.

  • Professional and technical services makes up 16% of employer businesses in Raleigh, compared with 11% in North Carolina.

  • 14,990 employer businesses here have 5 to 49 employees.

  • The Raleigh area ranks 2nd of 15 North Carolina metro areas for employer businesses.

  • The number of employer businesses grew 15.0% between 2018 and 2023.

  • Professional and technical services makes up 16% of employer businesses in Raleigh, compared with 11% in North Carolina.

  • 14,990 employer businesses here have 5 to 49 employees.

Industry mix

The largest industries by number of employer businesses:

  • Professional and technical services: 6,345 employer businesses

  • Construction: 4,424 employer businesses

  • Retail: 4,345 employer businesses

  • Health care and social assistance: 4,184 employer businesses

  • Repair, personal care and other services: 3,516 employer businesses

The largest industries by number of employer businesses:

  • Professional and technical services: 6,345 employer businesses

  • Construction: 4,424 employer businesses

  • Retail: 4,345 employer businesses

  • Health care and social assistance: 4,184 employer businesses

  • Repair, personal care and other services: 3,516 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 Raleigh

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

5,015 related employer businesses in Raleigh.

  • General Contracting: 1,464 employer businesses here. Typical sale multiple: 3.0x - 4.5x SDE.

  • Interior Finishing: 688 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.

  • Landscaping: 603 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.

  • Plumbing: 566 employer businesses here. Typical sale multiple: 3.5x - 5.0x SDE.

  • HVAC Services: 566 employer businesses here. Typical sale multiple: 4.6x - 7.0x EBITDA.

  • Civil Engineering: 475 employer businesses here. Typical sale multiple: 7.0x - 11.0x EBITDA.

  • Electrical: 425 employer businesses here. Typical sale multiple: 4.0x - 8.0x EBITDA.

  • Foundation & Site Prep: 330 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Fleet.

  • Roofing & Siding: 235 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.

  • Masonry: 105 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Equipment.

  • Carpentry & Framing: 103 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.

  • Remediation & Restoration: 21 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA.

Restaurants & Food

3,095 related employer businesses in Raleigh.

Financial & Professional Services

2,982 related employer businesses in Raleigh.

Medical Practices

2,693 related employer businesses in Raleigh.

Retail Stores

1,697 related employer businesses in Raleigh.

Automotive & Boat

1,299 related employer businesses in Raleigh.

  • Auto Repair: 458 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE.

  • Auto Parts: 282 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE + Inventory.

  • Car Dealerships: 267 employer businesses here. Typical sale multiple: 2x - 8x Blue Sky + Assets.

  • Collision Repair: 138 employer businesses here. Typical sale multiple: 3.5x - 5.0x EBITDA.

  • Car Washes: 90 employer businesses here. Typical sale multiple: 4.5x - 7.0x EBITDA.

  • Towing & Repo: 56 employer businesses here. Typical sale multiple: 3.0x - 4.0x EBITDA + Fleet.

  • Boat Dealerships: 8 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA.

Home Services

952 related employer businesses in Raleigh.

Technology & Media

859 related employer businesses in Raleigh.

Logistics & Transportation

831 related employer businesses in Raleigh.

Beauty & Personal Care

793 related employer businesses in Raleigh.

  • Hair Salons: 456 employer businesses here. Typical sale multiple: 1.25x - 2.34x SDE.

  • Day Spas: 196 employer businesses here. Typical sale multiple: 1.8x - 2.8x SDE.

  • Tattoo Shops: 196 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE.

  • Massage Parlors: 196 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE.

  • Nail Salons: 92 employer businesses here. Typical sale multiple: 1.4x - 1.88x SDE.

  • Barber Shops: 49 employer businesses here. Typical sale multiple: 1.5x - 2.25x SDE.

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

Wholesale & Distribution

749 related employer businesses in Raleigh.

Manufacturing

669 related employer businesses in Raleigh.

Pharmacies & Medical Supply

522 related employer businesses in Raleigh.

Gas Stations & Convenience

510 related employer businesses in Raleigh.

Education & Childcare

454 related employer businesses in Raleigh.

  • Daycare Centers: 392 employer businesses here. Typical sale multiple: 2.39x - 3.35x SDE.

  • Tutoring Centers: 62 employer businesses here. Typical sale multiple: 2.0x - 3.5x SDE.

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

Health & Fitness

370 related employer businesses in Raleigh.

Hospitality & Travel

341 related employer businesses in Raleigh.

  • Hotels: 237 employer businesses here. Typical sale multiple: 2.6x - 5.1x EBITDA.

  • Motels: 237 employer businesses here. Typical sale multiple: 1.1x - 2.5x SDE.

  • Travel Agencies: 53 employer businesses here. Typical sale multiple: 2.3x - 3.2x SDE.

  • Transportation Services: 51 employer businesses here. Typical sale multiple: 2.0x - 4.1x SDE.

Entertainment & Recreation

317 related employer businesses in Raleigh.

  • Bars & Pubs: 149 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.

  • Clubs & Lounges: 149 employer businesses here. Typical sale multiple: 3.0x - 6.0x EBITDA.

  • Outdoor Recreation: 100 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.

  • Golf Courses: 31 employer businesses here. Typical sale multiple: 8.0x - 11.0x EBITDA.

  • Arcades & FECs: 27 employer businesses here. Typical sale multiple: 2.1x - 3.6x SDE.

  • Bowling Alleys: 10 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

257 related employer businesses in Raleigh.

Energy & Utilities

236 related employer businesses in Raleigh.

Pet Services

200 related employer businesses in Raleigh.

E-commerce & Online Businesses

Land & Agriculture

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

5,015 related employer businesses in Raleigh.

  • General Contracting: 1,464 employer businesses here. Typical sale multiple: 3.0x - 4.5x SDE.

  • Interior Finishing: 688 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.

  • Landscaping: 603 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.

  • Plumbing: 566 employer businesses here. Typical sale multiple: 3.5x - 5.0x SDE.

  • HVAC Services: 566 employer businesses here. Typical sale multiple: 4.6x - 7.0x EBITDA.

  • Civil Engineering: 475 employer businesses here. Typical sale multiple: 7.0x - 11.0x EBITDA.

  • Electrical: 425 employer businesses here. Typical sale multiple: 4.0x - 8.0x EBITDA.

  • Foundation & Site Prep: 330 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Fleet.

  • Roofing & Siding: 235 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.

  • Masonry: 105 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Equipment.

  • Carpentry & Framing: 103 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.

  • Remediation & Restoration: 21 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA.

Restaurants & Food

3,095 related employer businesses in Raleigh.

Financial & Professional Services

2,982 related employer businesses in Raleigh.

Medical Practices

2,693 related employer businesses in Raleigh.

Retail Stores

1,697 related employer businesses in Raleigh.

Automotive & Boat

1,299 related employer businesses in Raleigh.

  • Auto Repair: 458 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE.

  • Auto Parts: 282 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE + Inventory.

  • Car Dealerships: 267 employer businesses here. Typical sale multiple: 2x - 8x Blue Sky + Assets.

  • Collision Repair: 138 employer businesses here. Typical sale multiple: 3.5x - 5.0x EBITDA.

  • Car Washes: 90 employer businesses here. Typical sale multiple: 4.5x - 7.0x EBITDA.

  • Towing & Repo: 56 employer businesses here. Typical sale multiple: 3.0x - 4.0x EBITDA + Fleet.

  • Boat Dealerships: 8 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA.

Home Services

952 related employer businesses in Raleigh.

Technology & Media

859 related employer businesses in Raleigh.

Logistics & Transportation

831 related employer businesses in Raleigh.

Beauty & Personal Care

793 related employer businesses in Raleigh.

  • Hair Salons: 456 employer businesses here. Typical sale multiple: 1.25x - 2.34x SDE.

  • Day Spas: 196 employer businesses here. Typical sale multiple: 1.8x - 2.8x SDE.

  • Tattoo Shops: 196 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE.

  • Massage Parlors: 196 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE.

  • Nail Salons: 92 employer businesses here. Typical sale multiple: 1.4x - 1.88x SDE.

  • Barber Shops: 49 employer businesses here. Typical sale multiple: 1.5x - 2.25x SDE.

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

Wholesale & Distribution

749 related employer businesses in Raleigh.

Manufacturing

669 related employer businesses in Raleigh.

Pharmacies & Medical Supply

522 related employer businesses in Raleigh.

Gas Stations & Convenience

510 related employer businesses in Raleigh.

Education & Childcare

454 related employer businesses in Raleigh.

  • Daycare Centers: 392 employer businesses here. Typical sale multiple: 2.39x - 3.35x SDE.

  • Tutoring Centers: 62 employer businesses here. Typical sale multiple: 2.0x - 3.5x SDE.

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

Health & Fitness

370 related employer businesses in Raleigh.

Hospitality & Travel

341 related employer businesses in Raleigh.

  • Hotels: 237 employer businesses here. Typical sale multiple: 2.6x - 5.1x EBITDA.

  • Motels: 237 employer businesses here. Typical sale multiple: 1.1x - 2.5x SDE.

  • Travel Agencies: 53 employer businesses here. Typical sale multiple: 2.3x - 3.2x SDE.

  • Transportation Services: 51 employer businesses here. Typical sale multiple: 2.0x - 4.1x SDE.

Entertainment & Recreation

317 related employer businesses in Raleigh.

  • Bars & Pubs: 149 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.

  • Clubs & Lounges: 149 employer businesses here. Typical sale multiple: 3.0x - 6.0x EBITDA.

  • Outdoor Recreation: 100 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.

  • Golf Courses: 31 employer businesses here. Typical sale multiple: 8.0x - 11.0x EBITDA.

  • Arcades & FECs: 27 employer businesses here. Typical sale multiple: 2.1x - 3.6x SDE.

  • Bowling Alleys: 10 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

257 related employer businesses in Raleigh.

Energy & Utilities

236 related employer businesses in Raleigh.

Pet Services

200 related employer businesses in Raleigh.

E-commerce & Online Businesses

Land & Agriculture

Counties in this metro area

Working with owners in Raleigh

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

FREQUENTLY ASKED QUESTIONS

Questions owners in Raleigh ask

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

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 Raleigh?

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 Raleigh

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