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New Hampshire

Selling a Business in New Hampshire

Selling a business in New Hampshire means pricing it correctly, preparing the records a buyer will ask for and finding a buyer who can pay and close. New Hampshire has 39,298 employer businesses and about 119,849 more with no employees. This page covers the numbers, the steps and what buyers look for.

LOCAL SNAPSHOT

New Hampshire by the numbers

39,298

39,298

EMPLOYER BUSINESSES

85%

85%

SMALL EMPLOYER SHARE

119,849

119,849

BUSINESSES WITH NO EMPLOYEES

628,166

628,166

EMPLOYMENT

$41.3 billion

$41.3 billion

ANNUAL PAYROLL

16,803

16,803

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 Hampshire compares

  • New Hampshire ranks 41st among the 50 states and the District of Columbia for employer businesses.

  • The number of employer businesses grew 2.4% between 2018 and 2023.

  • Manufacturing makes up 4% of employer businesses in New Hampshire, compared with 3% nationwide.

  • 16,803 employer businesses here have 5 to 49 employees.

  • New Hampshire ranks 41st among the 50 states and the District of Columbia for employer businesses.

  • The number of employer businesses grew 2.4% between 2018 and 2023.

  • Manufacturing makes up 4% of employer businesses in New Hampshire, compared with 3% nationwide.

  • 16,803 employer businesses here have 5 to 49 employees.

How a sale works in New Hampshire

A sale follows the same sequence in every market. The business is valued from its earnings, assets, size and industry. The records a buyer will ask for are prepared. The business is marketed without naming it, and buyers are asked to sign a non-disclosure agreement before they see the name or the financial statements. Each buyer is checked for money and fit, the letter of intent is negotiated, the buyer's review of the books is managed, and the sale is carried to closing.

State rules on tax clearance, bulk sale notices and the transfer of permits and licenses differ from state to state.

Rules that apply in New Hampshire

Permits and registrations

New Hampshire law says no one may serve taxable meals, rent rooms or rent motor vehicles without first obtaining a meals and rentals license from the state. The law says the license is nonassignable and cannot be transferred. Source: New Hampshire Revised Statutes section 78-A:4, meals and rentals licenses

Unemployment insurance account

New Hampshire law says a business that acquires substantially all of an employer's New Hampshire assets, intending to continue that business, shall notify the Commissioner of Employment Security within 30 days. The buyer takes the seller's place for the seller's unemployment account and contribution liability, as if no change had occurred, and the account transfers to the buyer as of the acquisition date. Source: New Hampshire Revised Statutes section 282-A:91, successorship

These points come from official New Hampshire agency pages checked on 2026-10-24. Rules change, so check the linked agency page for the current version. This is general information and not legal or tax advice.

A sale follows the same sequence in every market. The business is valued from its earnings, assets, size and industry. The records a buyer will ask for are prepared. The business is marketed without naming it, and buyers are asked to sign a non-disclosure agreement before they see the name or the financial statements. Each buyer is checked for money and fit, the letter of intent is negotiated, the buyer's review of the books is managed, and the sale is carried to closing.

State rules on tax clearance, bulk sale notices and the transfer of permits and licenses differ from state to state.

Rules that apply in New Hampshire

Permits and registrations

New Hampshire law says no one may serve taxable meals, rent rooms or rent motor vehicles without first obtaining a meals and rentals license from the state. The law says the license is nonassignable and cannot be transferred. Source: New Hampshire Revised Statutes section 78-A:4, meals and rentals licenses

Unemployment insurance account

New Hampshire law says a business that acquires substantially all of an employer's New Hampshire assets, intending to continue that business, shall notify the Commissioner of Employment Security within 30 days. The buyer takes the seller's place for the seller's unemployment account and contribution liability, as if no change had occurred, and the account transfers to the buyer as of the acquisition date. Source: New Hampshire Revised Statutes section 282-A:91, successorship

These points come from official New Hampshire agency pages checked on 2026-10-24. Rules change, so check the linked agency page for the current version. This is general information and not legal or tax advice.

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 Hampshire

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

5,802 related employer businesses in New Hampshire.

  • General Contracting: 1,319 employer businesses here. Typical sale multiple: 3.0x - 4.5x SDE.

  • Landscaping: 1,027 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.

  • Plumbing: 776 employer businesses here. Typical sale multiple: 3.5x - 5.0x SDE.

  • HVAC Services: 776 employer businesses here. Typical sale multiple: 4.6x - 7.0x EBITDA.

  • Interior Finishing: 723 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.

  • Electrical: 682 employer businesses here. Typical sale multiple: 4.0x - 8.0x EBITDA.

  • Foundation & Site Prep: 568 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Fleet.

  • Civil Engineering: 341 employer businesses here. Typical sale multiple: 7.0x - 11.0x EBITDA.

  • Roofing & Siding: 136 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.

  • Masonry: 99 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Equipment.

  • Carpentry & Framing: 94 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.

  • Remediation & Restoration: 37 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA.

Restaurants & Food

3,348 related employer businesses in New Hampshire.

Retail Stores

2,347 related employer businesses in New Hampshire.

Medical Practices

2,223 related employer businesses in New Hampshire.

Financial & Professional Services

1,822 related employer businesses in New Hampshire.

Automotive & Boat

1,754 related employer businesses in New Hampshire.

  • Auto Repair: 762 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE.

  • Car Dealerships: 327 employer businesses here. Typical sale multiple: 2x - 8x Blue Sky + Assets.

  • Auto Parts: 273 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE + Inventory.

  • Collision Repair: 187 employer businesses here. Typical sale multiple: 3.5x - 5.0x EBITDA.

  • Car Washes: 87 employer businesses here. Typical sale multiple: 4.5x - 7.0x EBITDA.

  • Towing & Repo: 51 employer businesses here. Typical sale multiple: 3.0x - 4.0x EBITDA + Fleet.

  • Boat Dealerships: 38 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA.

  • Marinas: 29 employer businesses here. Typical sale multiple: Cap Rate or 4.0x - 7.0x EBITDA.

Manufacturing

1,422 related employer businesses in New Hampshire.

Wholesale & Distribution

809 related employer businesses in New Hampshire.

Gas Stations & Convenience

790 related employer businesses in New Hampshire.

Home Services

789 related employer businesses in New Hampshire.

Beauty & Personal Care

749 related employer businesses in New Hampshire.

  • Hair Salons: 403 employer businesses here. Typical sale multiple: 1.25x - 2.34x SDE.

  • Nail Salons: 172 employer businesses here. Typical sale multiple: 1.4x - 1.88x SDE.

  • Day Spas: 148 employer businesses here. Typical sale multiple: 1.8x - 2.8x SDE.

  • Tattoo Shops: 148 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE.

  • Massage Parlors: 148 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE.

  • Barber Shops: 26 employer businesses here. Typical sale multiple: 1.5x - 2.25x SDE.

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

Logistics & Transportation

700 related employer businesses in New Hampshire.

Hospitality & Travel

619 related employer businesses in New Hampshire.

  • Hotels: 314 employer businesses here. Typical sale multiple: 2.6x - 5.1x EBITDA.

  • Motels: 314 employer businesses here. Typical sale multiple: 1.1x - 2.5x SDE.

  • Transportation Services: 136 employer businesses here. Typical sale multiple: 2.0x - 4.1x SDE.

  • Campgrounds & RV Parks: 77 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA.

  • Bed & Breakfasts / Inns: 62 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.

  • Travel Agencies: 30 employer businesses here. Typical sale multiple: 2.3x - 3.2x SDE.

Education & Childcare

477 related employer businesses in New Hampshire.

  • Daycare Centers: 447 employer businesses here. Typical sale multiple: 2.39x - 3.35x SDE.

  • Tutoring Centers: 30 employer businesses here. Typical sale multiple: 2.0x - 3.5x SDE.

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

Technology & Media

476 related employer businesses in New Hampshire.

Energy & Utilities

423 related employer businesses in New Hampshire.

Health & Fitness

418 related employer businesses in New Hampshire.

Pharmacies & Medical Supply

383 related employer businesses in New Hampshire.

Entertainment & Recreation

306 related employer businesses in New Hampshire.

  • Outdoor Recreation: 153 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.

  • Golf Courses: 76 employer businesses here. Typical sale multiple: 8.0x - 11.0x EBITDA.

  • Arcades & FECs: 33 employer businesses here. Typical sale multiple: 2.1x - 3.6x SDE.

  • Bars & Pubs: 28 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.

  • Clubs & Lounges: 28 employer businesses here. Typical sale multiple: 3.0x - 6.0x EBITDA.

  • Bowling Alleys: 16 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

286 related employer businesses in New Hampshire.

Senior Care & Living

278 related employer businesses in New Hampshire.

E-commerce & Online Businesses

Land & Agriculture

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

5,802 related employer businesses in New Hampshire.

  • General Contracting: 1,319 employer businesses here. Typical sale multiple: 3.0x - 4.5x SDE.

  • Landscaping: 1,027 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.

  • Plumbing: 776 employer businesses here. Typical sale multiple: 3.5x - 5.0x SDE.

  • HVAC Services: 776 employer businesses here. Typical sale multiple: 4.6x - 7.0x EBITDA.

  • Interior Finishing: 723 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.

  • Electrical: 682 employer businesses here. Typical sale multiple: 4.0x - 8.0x EBITDA.

  • Foundation & Site Prep: 568 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Fleet.

  • Civil Engineering: 341 employer businesses here. Typical sale multiple: 7.0x - 11.0x EBITDA.

  • Roofing & Siding: 136 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.

  • Masonry: 99 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Equipment.

  • Carpentry & Framing: 94 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.

  • Remediation & Restoration: 37 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA.

Restaurants & Food

3,348 related employer businesses in New Hampshire.

Retail Stores

2,347 related employer businesses in New Hampshire.

Medical Practices

2,223 related employer businesses in New Hampshire.

Financial & Professional Services

1,822 related employer businesses in New Hampshire.

Automotive & Boat

1,754 related employer businesses in New Hampshire.

  • Auto Repair: 762 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE.

  • Car Dealerships: 327 employer businesses here. Typical sale multiple: 2x - 8x Blue Sky + Assets.

  • Auto Parts: 273 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE + Inventory.

  • Collision Repair: 187 employer businesses here. Typical sale multiple: 3.5x - 5.0x EBITDA.

  • Car Washes: 87 employer businesses here. Typical sale multiple: 4.5x - 7.0x EBITDA.

  • Towing & Repo: 51 employer businesses here. Typical sale multiple: 3.0x - 4.0x EBITDA + Fleet.

  • Boat Dealerships: 38 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA.

  • Marinas: 29 employer businesses here. Typical sale multiple: Cap Rate or 4.0x - 7.0x EBITDA.

Manufacturing

1,422 related employer businesses in New Hampshire.

Wholesale & Distribution

809 related employer businesses in New Hampshire.

Gas Stations & Convenience

790 related employer businesses in New Hampshire.

Home Services

789 related employer businesses in New Hampshire.

Beauty & Personal Care

749 related employer businesses in New Hampshire.

  • Hair Salons: 403 employer businesses here. Typical sale multiple: 1.25x - 2.34x SDE.

  • Nail Salons: 172 employer businesses here. Typical sale multiple: 1.4x - 1.88x SDE.

  • Day Spas: 148 employer businesses here. Typical sale multiple: 1.8x - 2.8x SDE.

  • Tattoo Shops: 148 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE.

  • Massage Parlors: 148 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE.

  • Barber Shops: 26 employer businesses here. Typical sale multiple: 1.5x - 2.25x SDE.

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

Logistics & Transportation

700 related employer businesses in New Hampshire.

Hospitality & Travel

619 related employer businesses in New Hampshire.

  • Hotels: 314 employer businesses here. Typical sale multiple: 2.6x - 5.1x EBITDA.

  • Motels: 314 employer businesses here. Typical sale multiple: 1.1x - 2.5x SDE.

  • Transportation Services: 136 employer businesses here. Typical sale multiple: 2.0x - 4.1x SDE.

  • Campgrounds & RV Parks: 77 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA.

  • Bed & Breakfasts / Inns: 62 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.

  • Travel Agencies: 30 employer businesses here. Typical sale multiple: 2.3x - 3.2x SDE.

Education & Childcare

477 related employer businesses in New Hampshire.

  • Daycare Centers: 447 employer businesses here. Typical sale multiple: 2.39x - 3.35x SDE.

  • Tutoring Centers: 30 employer businesses here. Typical sale multiple: 2.0x - 3.5x SDE.

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

Technology & Media

476 related employer businesses in New Hampshire.

Energy & Utilities

423 related employer businesses in New Hampshire.

Health & Fitness

418 related employer businesses in New Hampshire.

Pharmacies & Medical Supply

383 related employer businesses in New Hampshire.

Entertainment & Recreation

306 related employer businesses in New Hampshire.

  • Outdoor Recreation: 153 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.

  • Golf Courses: 76 employer businesses here. Typical sale multiple: 8.0x - 11.0x EBITDA.

  • Arcades & FECs: 33 employer businesses here. Typical sale multiple: 2.1x - 3.6x SDE.

  • Bars & Pubs: 28 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.

  • Clubs & Lounges: 28 employer businesses here. Typical sale multiple: 3.0x - 6.0x EBITDA.

  • Bowling Alleys: 16 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

286 related employer businesses in New Hampshire.

Senior Care & Living

278 related employer businesses in New Hampshire.

E-commerce & Online Businesses

Land & Agriculture

Metro areas in this state

Counties

Working with owners in New Hampshire

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

FREQUENTLY ASKED QUESTIONS

Questions owners in New Hampshire ask

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

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 Hampshire?

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.

What should I prepare before listing?

Three years of tax returns and profit and loss statements, a current balance sheet, the lease, a list of equipment and a summary of key contracts.

What is the difference between SDE and EBITDA?

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, and it is used for larger businesses that run without the owner.

FROM OUR BLOG

Guides for owners in New Hampshire

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