Selling a Business in Salt Lake City
Owners in the Salt Lake City area sell to local buyers and to buyers from other markets. The area has 36,919 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
Salt Lake City by the numbers
36,919
36,919
EMPLOYER BUSINESSES
84%
84%
SMALL EMPLOYER SHARE
122,166
122,166
BUSINESSES WITH NO EMPLOYEES
707,823
707,823
EMPLOYMENT
$49.6 billion
$49.6 billion
ANNUAL PAYROLL
14,029
14,029
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 Salt Lake City compares
The Salt Lake City area ranks 1st of 5 Utah metro areas for employer businesses.
The number of employer businesses grew 9.6% between 2018 and 2023.
Wholesale makes up 5% of employer businesses in Salt Lake City, compared with 4% in Utah.
14,029 employer businesses here have 5 to 49 employees.
The Salt Lake City area ranks 1st of 5 Utah metro areas for employer businesses.
The number of employer businesses grew 9.6% between 2018 and 2023.
Wholesale makes up 5% of employer businesses in Salt Lake City, compared with 4% in Utah.
14,029 employer businesses here have 5 to 49 employees.
Industry mix
The largest industries by number of employer businesses:
Professional and technical services: 5,433 employer businesses
Construction: 4,290 employer businesses
Health care and social assistance: 3,978 employer businesses
Retail: 3,628 employer businesses
Accommodation and food service: 2,794 employer businesses
The largest industries by number of employer businesses:
Professional and technical services: 5,433 employer businesses
Construction: 4,290 employer businesses
Health care and social assistance: 3,978 employer businesses
Retail: 3,628 employer businesses
Accommodation and food service: 2,794 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 Salt Lake City
Professional and technical services, construction, health care and social assistance, retail
Every kind of business we sell in Salt Lake City
We sell businesses in every one of these industries in Salt Lake City. 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
4,687 related employer businesses in Salt Lake City.
General Contracting: 1,103 employer businesses here. Typical sale multiple: 3.0x - 4.5x SDE.
Interior Finishing: 981 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.
Landscaping: 522 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.
Plumbing: 509 employer businesses here. Typical sale multiple: 3.5x - 5.0x SDE.
HVAC Services: 509 employer businesses here. Typical sale multiple: 4.6x - 7.0x EBITDA.
Electrical: 403 employer businesses here. Typical sale multiple: 4.0x - 8.0x EBITDA.
Civil Engineering: 349 employer businesses here. Typical sale multiple: 7.0x - 11.0x EBITDA.
Foundation & Site Prep: 327 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Fleet.
Roofing & Siding: 208 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.
Carpentry & Framing: 153 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.
Masonry: 108 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Equipment.
Remediation & Restoration: 24 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA.
Financial & Professional Services
3,308 related employer businesses in Salt Lake City.
Real Estate Brokerages: 1,241 employer businesses here. Typical sale multiple: 2.5x - 4.5x SDE.
Insurance Agencies: 675 employer businesses here. Typical sale multiple: 6.0x - 8.0x EBITDA.
Accounting & Tax Practices: 670 employer businesses here. Typical sale multiple: 2.0x - 3.5x SDE.
Wealth Management: 385 employer businesses here. Typical sale multiple: 2.7x - 4.0x Recurring Revenue.
Private Lending: 197 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.
Mortgage Brokerages: 140 employer businesses here. Typical sale multiple: 2.0x - 3.5x SDE.
Medical Practices
2,523 related employer businesses in Salt Lake City.
Primary & Family Care: 781 employer businesses here. Typical sale multiple: 2.2x - 3.2x SDE.
Dental Practices: 647 employer businesses here. Typical sale multiple: 3.5x - 5.5x EBITDA.
Mental & Behavioral Health: 493 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.
Physical Therapy & Rehab: 159 employer businesses here. Typical sale multiple: 3.5x - 5.0x EBITDA.
Home Health & Hospice: 107 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA.
Veterinary Medicine: 99 employer businesses here. Typical sale multiple: 6.0x - 9.0x EBITDA.
Medical Labs & Imaging: 75 employer businesses here. Typical sale multiple: 4.5x - 6.5x EBITDA.
Vision & Eye Care: 66 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE.
Specialty Medicine: 56 employer businesses here. Typical sale multiple: 5.0x - 7.0x EBITDA.
Urgent Care Clinics: 40 employer businesses here. Typical sale multiple: 4.0x - 6.0x EBITDA.
Restaurants & Food
2,506 related employer businesses in Salt Lake City.
Quick-Service & Fast Food: 1,119 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE.
Full-Service Restaurants: 790 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE.
Coffee Shops: 348 employer businesses here. Typical sale multiple: 2.0x - 3.0x SDE.
Grocery Stores & Markets: 186 employer businesses here. Typical sale multiple: 2.0x - 3.0x SDE + Inventory.
Bakeries: 41 employer businesses here. Typical sale multiple: 2.0x - 3.0x SDE.
Liquor, Wine & Beer Stores: 22 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE + Inventory.
Ghost Kitchens. Typical sale multiple: 2.0x - 3.0x SDE.
Retail Stores
1,465 related employer businesses in Salt Lake City.
Fashion, Apparel & Jewelry: 410 employer businesses here. Typical sale multiple: 2.0x - 3.5x SDE + Inventory.
Health, Beauty & Pharmacy: 268 employer businesses here. Typical sale multiple: 2.8x - 4.2x EBITDA.
Hardware, Garden & Building: 232 employer businesses here. Typical sale multiple: 2.5x - 3.8x SDE + Inventory.
Home Decor & Furniture: 197 employer businesses here. Typical sale multiple: 2.2x - 3.2x SDE + Inventory.
Sporting Goods & Firearms: 133 employer businesses here. Typical sale multiple: 2.3x - 3.4x SDE.
Electronics & Repair: 116 employer businesses here. Typical sale multiple: 2.0x - 3.0x SDE.
Hobby, Toys & Gift Shops: 109 employer businesses here. Typical sale multiple: 1.8x - 2.8x SDE + Inventory.
Manufacturing
1,174 related employer businesses in Salt Lake City.
Metal Fabrication: 241 employer businesses here. Typical sale multiple: 3.2x - 4.2x SDE.
Food & Beverage Manufacturing: 206 employer businesses here. Typical sale multiple: 3.1x - 4.5x SDE.
Medical & Chemical Manufacturing: 184 employer businesses here. Typical sale multiple: 4.5x - 8.0x EBITDA.
Printing & Plastics: 174 employer businesses here. Typical sale multiple: 2.9x - 4.9x SDE.
Wood & Furniture Manufacturing: 160 employer businesses here. Typical sale multiple: 2.5x - 3.8x SDE.
Electronics & Tech Manufacturing: 89 employer businesses here. Typical sale multiple: 4.0x - 7.5x EBITDA.
Construction Materials Manufacturing: 65 employer businesses here. Typical sale multiple: 2.5x - 5.0x EBITDA.
Textile & Apparel Manufacturing: 55 employer businesses here. Typical sale multiple: 2.5x - 3.8x SDE.
Automotive & Boat
1,050 related employer businesses in Salt Lake City.
Auto Repair: 390 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE.
Auto Parts: 202 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE + Inventory.
Car Dealerships: 194 employer businesses here. Typical sale multiple: 2x - 8x Blue Sky + Assets.
Collision Repair: 102 employer businesses here. Typical sale multiple: 3.5x - 5.0x EBITDA.
Car Washes: 101 employer businesses here. Typical sale multiple: 4.5x - 7.0x EBITDA.
Towing & Repo: 55 employer businesses here. Typical sale multiple: 3.0x - 4.0x EBITDA + Fleet.
Boat Dealerships: 6 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA.
Logistics & Transportation
993 related employer businesses in Salt Lake City.
General Freight Trucking: 571 employer businesses here. Typical sale multiple: 2.44x - 3.45x SDE.
Warehousing & Fulfillment: 132 employer businesses here. Typical sale multiple: 3.0x - 4.5x SDE.
Freight Brokerage & 3PL: 120 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.
Last-Mile & Courier: 77 employer businesses here. Typical sale multiple: 2.76x - 3.32x SDE.
Heavy Haul Transport: 48 employer businesses here. Typical sale multiple: 3.5x - 4.5x SDE.
Commercial Moving: 36 employer businesses here. Typical sale multiple: 1.5x - 3.0x SDE.
NEMT & Passenger Transport: 9 employer businesses here. Typical sale multiple: 2.1x - 3.1x SDE.
Port Drayage. Typical sale multiple: 2.5x - 3.5x SDE.
Home Services
927 related employer businesses in Salt Lake City.
Property Management: 469 employer businesses here. Typical sale multiple: 3.0x - 4.5x SDE.
Residential Cleaning: 379 employer businesses here. Typical sale multiple: 1.5x - 2.6x SDE.
Commercial Cleaning: 379 employer businesses here. Typical sale multiple: 2.47x - 4.11x EBITDA.
Pest Control: 45 employer businesses here. Typical sale multiple: 2.34x - 2.90x SDE.
Security Systems: 34 employer businesses here. Typical sale multiple: 3.0x - 4.9x EBITDA.
Audio Visual (AV). Typical sale multiple: 3.0x - 5.0x EBITDA.
Junk Removal. Typical sale multiple: 1.5x - 3.0x SDE.
Pool & Spa Service. Typical sale multiple: 3.0x - 4.0x EBITDA.
Technology & Media
908 related employer businesses in Salt Lake City.
Creative Agencies: 254 employer businesses here. Typical sale multiple: 1.8x - 3.0x SDE.
Digital Marketing Agencies: 230 employer businesses here. Typical sale multiple: 2.0x - 3.5x SDE.
Media, Film & Studio Production: 155 employer businesses here. Typical sale multiple: 2.2x - 3.5x SDE.
Software Companies (SaaS): 149 employer businesses here. Typical sale multiple: 3.5x - 5.5x SDE.
Real Estate Media: 120 employer businesses here. Typical sale multiple: 1.5x - 2.8x SDE.
E-commerce & Online Brands. Typical sale multiple: 2.5x - 4.0x SDE + Inventory.
Wholesale & Distribution
841 related employer businesses in Salt Lake City.
Industrial & Construction Supply: 378 employer businesses here. Typical sale multiple: 3.0x - 4.0x SDE.
Electronics, IT & Office Equipment Distribution: 154 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE.
Food & Beverage Distribution: 117 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE.
Medical, Dental & Pharmaceutical Distribution: 59 employer businesses here. Typical sale multiple: 3.5x - 4.5x EBITDA.
Chemicals, Plastics & Raw Materials Distribution: 47 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA.
Consumer Goods & Apparel Distribution: 45 employer businesses here. Typical sale multiple: 2.0x - 3.0x SDE + Inventory.
Packaging, Paper & JanSan Distribution: 41 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE.
Beauty & Personal Care
825 related employer businesses in Salt Lake City.
Hair Salons: 415 employer businesses here. Typical sale multiple: 1.25x - 2.34x SDE.
Day Spas: 218 employer businesses here. Typical sale multiple: 1.8x - 2.8x SDE.
Tattoo Shops: 218 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE.
Massage Parlors: 218 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE.
Nail Salons: 135 employer businesses here. Typical sale multiple: 1.4x - 1.88x SDE.
Barber Shops: 57 employer businesses here. Typical sale multiple: 1.5x - 2.25x SDE.
Medical Spas. Typical sale multiple: 2.5x - 4.5x EBITDA.
Education & Childcare
383 related employer businesses in Salt Lake City.
Daycare Centers: 347 employer businesses here. Typical sale multiple: 2.39x - 3.35x SDE.
Tutoring Centers: 36 employer businesses here. Typical sale multiple: 2.0x - 3.5x SDE.
Preschools. Typical sale multiple: 3.12x - 4.0x SDE.
Gas Stations & Convenience
347 related employer businesses in Salt Lake City.
Gas Stations: 258 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA + Real Estate.
Convenience Stores: 89 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE + Inventory.
Truck Stops & Travel Centers. Typical sale multiple: 3.5x - 5.5x EBITDA + Real Estate.
Health & Fitness
341 related employer businesses in Salt Lake City.
Wellness & Recovery Centers: 188 employer businesses here. Typical sale multiple: 5.5x - 9.7x EBITDA.
Gyms & Health Clubs: 153 employer businesses here. Typical sale multiple: 2.44x - 2.93x SDE.
Yoga Studios: 153 employer businesses here. Typical sale multiple: 2.07x - 2.50x SDE.
Pilates Studios: 153 employer businesses here. Typical sale multiple: 2.10x - 3.00x SDE.
Personal Training Studios: 153 employer businesses here. Typical sale multiple: 2.00x - 2.80x SDE.
Pharmacies & Medical Supply
287 related employer businesses in Salt Lake City.
Home Infusion: 107 employer businesses here. Typical sale multiple: 4.0x - 6.5x EBITDA.
Compounding Pharmacies: 84 employer businesses here. Typical sale multiple: 3.5x - 5.5x EBITDA.
Specialty Pharmacies: 84 employer businesses here. Typical sale multiple: 4.0x - 6.5x EBITDA.
Durable Medical Equipment (DME): 60 employer businesses here. Typical sale multiple: 3.0x - 5.0x EBITDA.
Medical Supply Retail: 36 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE + Inventory.
Hospitality & Travel
276 related employer businesses in Salt Lake City.
Hotels: 172 employer businesses here. Typical sale multiple: 2.6x - 5.1x EBITDA.
Motels: 172 employer businesses here. Typical sale multiple: 1.1x - 2.5x SDE.
Transportation Services: 47 employer businesses here. Typical sale multiple: 2.0x - 4.1x SDE.
Travel Agencies: 45 employer businesses here. Typical sale multiple: 2.3x - 3.2x SDE.
Bed & Breakfasts / Inns: 6 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.
Campgrounds & RV Parks: 6 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA.
Entertainment & Recreation
227 related employer businesses in Salt Lake City.
Bars & Pubs: 108 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.
Clubs & Lounges: 108 employer businesses here. Typical sale multiple: 3.0x - 6.0x EBITDA.
Outdoor Recreation: 84 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.
Arcades & FECs: 18 employer businesses here. Typical sale multiple: 2.1x - 3.6x SDE.
Golf Courses: 12 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.
Pet Services
161 related employer businesses in Salt Lake City.
Pet Grooming & Spas: 125 employer businesses here. Typical sale multiple: 2.0x - 3.0x SDE.
Boarding, Daycare & Training: 125 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA.
Pet Retail & Specialty Supplies: 36 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE + Inventory.
Mobile & In-Home Pet Care. Typical sale multiple: 1.5x - 2.5x SDE + Fleet.
Energy & Utilities
160 related employer businesses in Salt Lake City.
Waste Management & Recycling: 71 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA + Assets.
Water & Wastewater Services: 48 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA.
Oil & Gas Services: 18 employer businesses here. Typical sale multiple: 3.0x - 5.0x EBITDA + Equipment.
Propane & Fuel Distribution: 18 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA + Assets.
Solar & Renewable Energy: 5 employer businesses here. Typical sale multiple: 3.5x - 6.0x EBITDA.
Senior Care & Living
155 related employer businesses in Salt Lake City.
Non-Medical Home Care: 97 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.
Assisted Living Facilities: 46 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA + Real Estate.
Senior Living Communities: 12 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA + Real Estate.
Adult Day Services. Typical sale multiple: 2.5x - 4.0x SDE.
E-commerce & Online Businesses
Amazon FBA Businesses. Typical sale multiple: 2.5x - 4.0x SDE + Inventory.
Online Marketplaces. Typical sale multiple: 3.5x - 6.0x SDE.
Land & Agriculture
Crop Production. Typical sale multiple: 4.5x - 6.69x EBITDA.
Livestock & Ranching. Typical sale multiple: 3.0x - 5.76x EBITDA.
Agribusiness & Infrastructure. Typical sale multiple: 5.2x - 10.3x EBITDA.
AgTech & Precision Ag. Typical sale multiple: 8.3x - 12.1x EBITDA.
Agri-Tourism & Lifestyle. Typical sale multiple: 2.51x - 4.54x SDE.
We sell businesses in every one of these industries in Salt Lake City. 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
4,687 related employer businesses in Salt Lake City.
General Contracting: 1,103 employer businesses here. Typical sale multiple: 3.0x - 4.5x SDE.
Interior Finishing: 981 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.
Landscaping: 522 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.
Plumbing: 509 employer businesses here. Typical sale multiple: 3.5x - 5.0x SDE.
HVAC Services: 509 employer businesses here. Typical sale multiple: 4.6x - 7.0x EBITDA.
Electrical: 403 employer businesses here. Typical sale multiple: 4.0x - 8.0x EBITDA.
Civil Engineering: 349 employer businesses here. Typical sale multiple: 7.0x - 11.0x EBITDA.
Foundation & Site Prep: 327 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Fleet.
Roofing & Siding: 208 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.
Carpentry & Framing: 153 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.
Masonry: 108 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Equipment.
Remediation & Restoration: 24 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA.
Financial & Professional Services
3,308 related employer businesses in Salt Lake City.
Real Estate Brokerages: 1,241 employer businesses here. Typical sale multiple: 2.5x - 4.5x SDE.
Insurance Agencies: 675 employer businesses here. Typical sale multiple: 6.0x - 8.0x EBITDA.
Accounting & Tax Practices: 670 employer businesses here. Typical sale multiple: 2.0x - 3.5x SDE.
Wealth Management: 385 employer businesses here. Typical sale multiple: 2.7x - 4.0x Recurring Revenue.
Private Lending: 197 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.
Mortgage Brokerages: 140 employer businesses here. Typical sale multiple: 2.0x - 3.5x SDE.
Medical Practices
2,523 related employer businesses in Salt Lake City.
Primary & Family Care: 781 employer businesses here. Typical sale multiple: 2.2x - 3.2x SDE.
Dental Practices: 647 employer businesses here. Typical sale multiple: 3.5x - 5.5x EBITDA.
Mental & Behavioral Health: 493 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.
Physical Therapy & Rehab: 159 employer businesses here. Typical sale multiple: 3.5x - 5.0x EBITDA.
Home Health & Hospice: 107 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA.
Veterinary Medicine: 99 employer businesses here. Typical sale multiple: 6.0x - 9.0x EBITDA.
Medical Labs & Imaging: 75 employer businesses here. Typical sale multiple: 4.5x - 6.5x EBITDA.
Vision & Eye Care: 66 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE.
Specialty Medicine: 56 employer businesses here. Typical sale multiple: 5.0x - 7.0x EBITDA.
Urgent Care Clinics: 40 employer businesses here. Typical sale multiple: 4.0x - 6.0x EBITDA.
Restaurants & Food
2,506 related employer businesses in Salt Lake City.
Quick-Service & Fast Food: 1,119 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE.
Full-Service Restaurants: 790 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE.
Coffee Shops: 348 employer businesses here. Typical sale multiple: 2.0x - 3.0x SDE.
Grocery Stores & Markets: 186 employer businesses here. Typical sale multiple: 2.0x - 3.0x SDE + Inventory.
Bakeries: 41 employer businesses here. Typical sale multiple: 2.0x - 3.0x SDE.
Liquor, Wine & Beer Stores: 22 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE + Inventory.
Ghost Kitchens. Typical sale multiple: 2.0x - 3.0x SDE.
Retail Stores
1,465 related employer businesses in Salt Lake City.
Fashion, Apparel & Jewelry: 410 employer businesses here. Typical sale multiple: 2.0x - 3.5x SDE + Inventory.
Health, Beauty & Pharmacy: 268 employer businesses here. Typical sale multiple: 2.8x - 4.2x EBITDA.
Hardware, Garden & Building: 232 employer businesses here. Typical sale multiple: 2.5x - 3.8x SDE + Inventory.
Home Decor & Furniture: 197 employer businesses here. Typical sale multiple: 2.2x - 3.2x SDE + Inventory.
Sporting Goods & Firearms: 133 employer businesses here. Typical sale multiple: 2.3x - 3.4x SDE.
Electronics & Repair: 116 employer businesses here. Typical sale multiple: 2.0x - 3.0x SDE.
Hobby, Toys & Gift Shops: 109 employer businesses here. Typical sale multiple: 1.8x - 2.8x SDE + Inventory.
Manufacturing
1,174 related employer businesses in Salt Lake City.
Metal Fabrication: 241 employer businesses here. Typical sale multiple: 3.2x - 4.2x SDE.
Food & Beverage Manufacturing: 206 employer businesses here. Typical sale multiple: 3.1x - 4.5x SDE.
Medical & Chemical Manufacturing: 184 employer businesses here. Typical sale multiple: 4.5x - 8.0x EBITDA.
Printing & Plastics: 174 employer businesses here. Typical sale multiple: 2.9x - 4.9x SDE.
Wood & Furniture Manufacturing: 160 employer businesses here. Typical sale multiple: 2.5x - 3.8x SDE.
Electronics & Tech Manufacturing: 89 employer businesses here. Typical sale multiple: 4.0x - 7.5x EBITDA.
Construction Materials Manufacturing: 65 employer businesses here. Typical sale multiple: 2.5x - 5.0x EBITDA.
Textile & Apparel Manufacturing: 55 employer businesses here. Typical sale multiple: 2.5x - 3.8x SDE.
Automotive & Boat
1,050 related employer businesses in Salt Lake City.
Auto Repair: 390 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE.
Auto Parts: 202 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE + Inventory.
Car Dealerships: 194 employer businesses here. Typical sale multiple: 2x - 8x Blue Sky + Assets.
Collision Repair: 102 employer businesses here. Typical sale multiple: 3.5x - 5.0x EBITDA.
Car Washes: 101 employer businesses here. Typical sale multiple: 4.5x - 7.0x EBITDA.
Towing & Repo: 55 employer businesses here. Typical sale multiple: 3.0x - 4.0x EBITDA + Fleet.
Boat Dealerships: 6 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA.
Logistics & Transportation
993 related employer businesses in Salt Lake City.
General Freight Trucking: 571 employer businesses here. Typical sale multiple: 2.44x - 3.45x SDE.
Warehousing & Fulfillment: 132 employer businesses here. Typical sale multiple: 3.0x - 4.5x SDE.
Freight Brokerage & 3PL: 120 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.
Last-Mile & Courier: 77 employer businesses here. Typical sale multiple: 2.76x - 3.32x SDE.
Heavy Haul Transport: 48 employer businesses here. Typical sale multiple: 3.5x - 4.5x SDE.
Commercial Moving: 36 employer businesses here. Typical sale multiple: 1.5x - 3.0x SDE.
NEMT & Passenger Transport: 9 employer businesses here. Typical sale multiple: 2.1x - 3.1x SDE.
Port Drayage. Typical sale multiple: 2.5x - 3.5x SDE.
Home Services
927 related employer businesses in Salt Lake City.
Property Management: 469 employer businesses here. Typical sale multiple: 3.0x - 4.5x SDE.
Residential Cleaning: 379 employer businesses here. Typical sale multiple: 1.5x - 2.6x SDE.
Commercial Cleaning: 379 employer businesses here. Typical sale multiple: 2.47x - 4.11x EBITDA.
Pest Control: 45 employer businesses here. Typical sale multiple: 2.34x - 2.90x SDE.
Security Systems: 34 employer businesses here. Typical sale multiple: 3.0x - 4.9x EBITDA.
Audio Visual (AV). Typical sale multiple: 3.0x - 5.0x EBITDA.
Junk Removal. Typical sale multiple: 1.5x - 3.0x SDE.
Pool & Spa Service. Typical sale multiple: 3.0x - 4.0x EBITDA.
Technology & Media
908 related employer businesses in Salt Lake City.
Creative Agencies: 254 employer businesses here. Typical sale multiple: 1.8x - 3.0x SDE.
Digital Marketing Agencies: 230 employer businesses here. Typical sale multiple: 2.0x - 3.5x SDE.
Media, Film & Studio Production: 155 employer businesses here. Typical sale multiple: 2.2x - 3.5x SDE.
Software Companies (SaaS): 149 employer businesses here. Typical sale multiple: 3.5x - 5.5x SDE.
Real Estate Media: 120 employer businesses here. Typical sale multiple: 1.5x - 2.8x SDE.
E-commerce & Online Brands. Typical sale multiple: 2.5x - 4.0x SDE + Inventory.
Wholesale & Distribution
841 related employer businesses in Salt Lake City.
Industrial & Construction Supply: 378 employer businesses here. Typical sale multiple: 3.0x - 4.0x SDE.
Electronics, IT & Office Equipment Distribution: 154 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE.
Food & Beverage Distribution: 117 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE.
Medical, Dental & Pharmaceutical Distribution: 59 employer businesses here. Typical sale multiple: 3.5x - 4.5x EBITDA.
Chemicals, Plastics & Raw Materials Distribution: 47 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA.
Consumer Goods & Apparel Distribution: 45 employer businesses here. Typical sale multiple: 2.0x - 3.0x SDE + Inventory.
Packaging, Paper & JanSan Distribution: 41 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE.
Beauty & Personal Care
825 related employer businesses in Salt Lake City.
Hair Salons: 415 employer businesses here. Typical sale multiple: 1.25x - 2.34x SDE.
Day Spas: 218 employer businesses here. Typical sale multiple: 1.8x - 2.8x SDE.
Tattoo Shops: 218 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE.
Massage Parlors: 218 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE.
Nail Salons: 135 employer businesses here. Typical sale multiple: 1.4x - 1.88x SDE.
Barber Shops: 57 employer businesses here. Typical sale multiple: 1.5x - 2.25x SDE.
Medical Spas. Typical sale multiple: 2.5x - 4.5x EBITDA.
Education & Childcare
383 related employer businesses in Salt Lake City.
Daycare Centers: 347 employer businesses here. Typical sale multiple: 2.39x - 3.35x SDE.
Tutoring Centers: 36 employer businesses here. Typical sale multiple: 2.0x - 3.5x SDE.
Preschools. Typical sale multiple: 3.12x - 4.0x SDE.
Gas Stations & Convenience
347 related employer businesses in Salt Lake City.
Gas Stations: 258 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA + Real Estate.
Convenience Stores: 89 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE + Inventory.
Truck Stops & Travel Centers. Typical sale multiple: 3.5x - 5.5x EBITDA + Real Estate.
Health & Fitness
341 related employer businesses in Salt Lake City.
Wellness & Recovery Centers: 188 employer businesses here. Typical sale multiple: 5.5x - 9.7x EBITDA.
Gyms & Health Clubs: 153 employer businesses here. Typical sale multiple: 2.44x - 2.93x SDE.
Yoga Studios: 153 employer businesses here. Typical sale multiple: 2.07x - 2.50x SDE.
Pilates Studios: 153 employer businesses here. Typical sale multiple: 2.10x - 3.00x SDE.
Personal Training Studios: 153 employer businesses here. Typical sale multiple: 2.00x - 2.80x SDE.
Pharmacies & Medical Supply
287 related employer businesses in Salt Lake City.
Home Infusion: 107 employer businesses here. Typical sale multiple: 4.0x - 6.5x EBITDA.
Compounding Pharmacies: 84 employer businesses here. Typical sale multiple: 3.5x - 5.5x EBITDA.
Specialty Pharmacies: 84 employer businesses here. Typical sale multiple: 4.0x - 6.5x EBITDA.
Durable Medical Equipment (DME): 60 employer businesses here. Typical sale multiple: 3.0x - 5.0x EBITDA.
Medical Supply Retail: 36 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE + Inventory.
Hospitality & Travel
276 related employer businesses in Salt Lake City.
Hotels: 172 employer businesses here. Typical sale multiple: 2.6x - 5.1x EBITDA.
Motels: 172 employer businesses here. Typical sale multiple: 1.1x - 2.5x SDE.
Transportation Services: 47 employer businesses here. Typical sale multiple: 2.0x - 4.1x SDE.
Travel Agencies: 45 employer businesses here. Typical sale multiple: 2.3x - 3.2x SDE.
Bed & Breakfasts / Inns: 6 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.
Campgrounds & RV Parks: 6 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA.
Entertainment & Recreation
227 related employer businesses in Salt Lake City.
Bars & Pubs: 108 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.
Clubs & Lounges: 108 employer businesses here. Typical sale multiple: 3.0x - 6.0x EBITDA.
Outdoor Recreation: 84 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.
Arcades & FECs: 18 employer businesses here. Typical sale multiple: 2.1x - 3.6x SDE.
Golf Courses: 12 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.
Pet Services
161 related employer businesses in Salt Lake City.
Pet Grooming & Spas: 125 employer businesses here. Typical sale multiple: 2.0x - 3.0x SDE.
Boarding, Daycare & Training: 125 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA.
Pet Retail & Specialty Supplies: 36 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE + Inventory.
Mobile & In-Home Pet Care. Typical sale multiple: 1.5x - 2.5x SDE + Fleet.
Energy & Utilities
160 related employer businesses in Salt Lake City.
Waste Management & Recycling: 71 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA + Assets.
Water & Wastewater Services: 48 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA.
Oil & Gas Services: 18 employer businesses here. Typical sale multiple: 3.0x - 5.0x EBITDA + Equipment.
Propane & Fuel Distribution: 18 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA + Assets.
Solar & Renewable Energy: 5 employer businesses here. Typical sale multiple: 3.5x - 6.0x EBITDA.
Senior Care & Living
155 related employer businesses in Salt Lake City.
Non-Medical Home Care: 97 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.
Assisted Living Facilities: 46 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA + Real Estate.
Senior Living Communities: 12 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA + Real Estate.
Adult Day Services. Typical sale multiple: 2.5x - 4.0x SDE.
E-commerce & Online Businesses
Amazon FBA Businesses. Typical sale multiple: 2.5x - 4.0x SDE + Inventory.
Online Marketplaces. Typical sale multiple: 3.5x - 6.0x SDE.
Land & Agriculture
Crop Production. Typical sale multiple: 4.5x - 6.69x EBITDA.
Livestock & Ranching. Typical sale multiple: 3.0x - 5.76x EBITDA.
Agribusiness & Infrastructure. Typical sale multiple: 5.2x - 10.3x EBITDA.
AgTech & Precision Ag. Typical sale multiple: 8.3x - 12.1x EBITDA.
Agri-Tourism & Lifestyle. Typical sale multiple: 2.51x - 4.54x SDE.
Counties in this metro area
Working with owners in Salt Lake City
Business Advisors of America works with owners who are selling a business in Salt Lake City. Contact us to talk about a sale.
FREQUENTLY ASKED QUESTIONS
Questions owners in Salt Lake City ask
How long does it take to sell a business in Salt Lake City?
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 Salt Lake City?
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 Salt Lake City
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