Selling a Business in Texas

Selling a business in Texas means pricing it correctly, preparing the records a buyer will ask for and finding a buyer who can pay and close. Texas has 670,878 employer businesses and about 3,318,535 more with no employees. This page covers the numbers, the steps and what buyers look for.

LOCAL SNAPSHOT

Texas by the numbers

670,878

670,878

EMPLOYER BUSINESSES

84%

84%

SMALL EMPLOYER SHARE

3,318,535

3,318,535

BUSINESSES WITH NO EMPLOYEES

12,012,629

12,012,629

EMPLOYMENT

$805.0 billion

$805.0 billion

ANNUAL PAYROLL

270,733

270,733

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 Texas compares

  • Texas ranks 2nd among the 50 states and the District of Columbia for employer businesses.

  • The number of employer businesses grew 11.7% between 2018 and 2023.

  • Finance and insurance makes up 6% of employer businesses in Texas, compared with 6% nationwide.

  • 270,733 employer businesses here have 5 to 49 employees.

  • Texas ranks 2nd among the 50 states and the District of Columbia for employer businesses.

  • The number of employer businesses grew 11.7% between 2018 and 2023.

  • Finance and insurance makes up 6% of employer businesses in Texas, compared with 6% nationwide.

  • 270,733 employer businesses here have 5 to 49 employees.

How a sale works in Texas

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 Texas

Sales tax and the buyer's liability

The Texas Comptroller says that if a seller owes state taxes and the sale closes without a Certificate of No Tax Due, the buyer is liable for the unpaid taxes up to the purchase price. This is successor liability, which means the buyer becomes responsible for the seller's unpaid taxes. The Comptroller says the certificate must be requested before the sale closes, and it protects only the buyer, not the seller. Source: Comptroller publication on buying or selling a business

Permits and registrations

The Texas Comptroller says each new business must apply for its own sales and use tax permit, and a permit cannot be transferred from one business to another. The Comptroller also tells anyone buying an existing business, its inventory, or its name and goodwill to request a Certificate of No Tax Due. Source: Comptroller sales tax FAQ on buying or selling a business

Unemployment insurance account

The Texas Workforce Commission says state law requires the transfer of the seller's compensation experience, the history used to set the unemployment tax rate, in total or partial acquisitions where the two businesses share substantially common management, control or ownership. Where there is no such common ownership, the law allows a transfer for a partial acquisition on application, and the part acquired must be distinct and separate from the seller's other businesses. Source: Texas Workforce Commission page on SUTA dumping and experience transfers

These points come from official Texas 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 Texas

Sales tax and the buyer's liability

The Texas Comptroller says that if a seller owes state taxes and the sale closes without a Certificate of No Tax Due, the buyer is liable for the unpaid taxes up to the purchase price. This is successor liability, which means the buyer becomes responsible for the seller's unpaid taxes. The Comptroller says the certificate must be requested before the sale closes, and it protects only the buyer, not the seller. Source: Comptroller publication on buying or selling a business

Permits and registrations

The Texas Comptroller says each new business must apply for its own sales and use tax permit, and a permit cannot be transferred from one business to another. The Comptroller also tells anyone buying an existing business, its inventory, or its name and goodwill to request a Certificate of No Tax Due. Source: Comptroller sales tax FAQ on buying or selling a business

Unemployment insurance account

The Texas Workforce Commission says state law requires the transfer of the seller's compensation experience, the history used to set the unemployment tax rate, in total or partial acquisitions where the two businesses share substantially common management, control or ownership. Where there is no such common ownership, the law allows a transfer for a partial acquisition on application, and the part acquired must be distinct and separate from the seller's other businesses. Source: Texas Workforce Commission page on SUTA dumping and experience transfers

These points come from official Texas 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 Texas

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

Restaurants & Food

59,544 related employer businesses in Texas.

Construction & Engineering

57,987 related employer businesses in Texas.

  • General Contracting: 16,334 employer businesses here. Typical sale multiple: 3.0x - 4.5x SDE.

  • Plumbing: 8,966 employer businesses here. Typical sale multiple: 3.5x - 5.0x SDE.

  • HVAC Services: 8,966 employer businesses here. Typical sale multiple: 4.6x - 7.0x EBITDA.

  • Electrical: 6,124 employer businesses here. Typical sale multiple: 4.0x - 8.0x EBITDA.

  • Interior Finishing: 5,910 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.

  • Civil Engineering: 5,772 employer businesses here. Typical sale multiple: 7.0x - 11.0x EBITDA.

  • Landscaping: 5,568 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.

  • Foundation & Site Prep: 4,652 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Fleet.

  • Roofing & Siding: 2,730 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.

  • Masonry: 883 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Equipment.

  • Carpentry & Framing: 628 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.

  • Remediation & Restoration: 420 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA.

Medical Practices

54,899 related employer businesses in Texas.

Financial & Professional Services

44,692 related employer businesses in Texas.

Retail Stores

32,144 related employer businesses in Texas.

Automotive & Boat

23,190 related employer businesses in Texas.

  • Auto Repair: 8,648 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE.

  • Auto Parts: 4,451 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE + Inventory.

  • Car Dealerships: 4,269 employer businesses here. Typical sale multiple: 2x - 8x Blue Sky + Assets.

  • Collision Repair: 2,725 employer businesses here. Typical sale multiple: 3.5x - 5.0x EBITDA.

  • Car Washes: 1,858 employer businesses here. Typical sale multiple: 4.5x - 7.0x EBITDA.

  • Towing & Repo: 886 employer businesses here. Typical sale multiple: 3.0x - 4.0x EBITDA + Fleet.

  • Boat Dealerships: 216 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA.

  • Marinas: 137 employer businesses here. Typical sale multiple: Cap Rate or 4.0x - 7.0x EBITDA.

Logistics & Transportation

22,348 related employer businesses in Texas.

Manufacturing

16,677 related employer businesses in Texas.

Wholesale & Distribution

16,491 related employer businesses in Texas.

Gas Stations & Convenience

14,635 related employer businesses in Texas.

  • Gas Stations: 10,670 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA + Real Estate.

  • Convenience Stores: 3,965 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.

Home Services

12,557 related employer businesses in Texas.

Beauty & Personal Care

10,863 related employer businesses in Texas.

  • Hair Salons: 5,740 employer businesses here. Typical sale multiple: 1.25x - 2.34x SDE.

  • Day Spas: 2,637 employer businesses here. Typical sale multiple: 1.8x - 2.8x SDE.

  • Tattoo Shops: 2,637 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE.

  • Massage Parlors: 2,637 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE.

  • Nail Salons: 1,881 employer businesses here. Typical sale multiple: 1.4x - 1.88x SDE.

  • Barber Shops: 605 employer businesses here. Typical sale multiple: 1.5x - 2.25x SDE.

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

Pharmacies & Medical Supply

9,374 related employer businesses in Texas.

Energy & Utilities

9,312 related employer businesses in Texas.

Technology & Media

9,072 related employer businesses in Texas.

Hospitality & Travel

7,625 related employer businesses in Texas.

  • Hotels: 5,643 employer businesses here. Typical sale multiple: 2.6x - 5.1x EBITDA.

  • Motels: 5,643 employer businesses here. Typical sale multiple: 1.1x - 2.5x SDE.

  • Transportation Services: 816 employer businesses here. Typical sale multiple: 2.0x - 4.1x SDE.

  • Travel Agencies: 592 employer businesses here. Typical sale multiple: 2.3x - 3.2x SDE.

  • Campgrounds & RV Parks: 484 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA.

  • Bed & Breakfasts / Inns: 90 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.

Education & Childcare

7,122 related employer businesses in Texas.

  • Daycare Centers: 6,242 employer businesses here. Typical sale multiple: 2.39x - 3.35x SDE.

  • Tutoring Centers: 880 employer businesses here. Typical sale multiple: 2.0x - 3.5x SDE.

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

Entertainment & Recreation

5,605 related employer businesses in Texas.

  • Bars & Pubs: 2,996 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.

  • Clubs & Lounges: 2,996 employer businesses here. Typical sale multiple: 3.0x - 6.0x EBITDA.

  • Outdoor Recreation: 1,616 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.

  • Golf Courses: 489 employer businesses here. Typical sale multiple: 8.0x - 11.0x EBITDA.

  • Arcades & FECs: 372 employer businesses here. Typical sale multiple: 2.1x - 3.6x SDE.

  • Bowling Alleys: 132 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.

Health & Fitness

4,402 related employer businesses in Texas.

Senior Care & Living

3,539 related employer businesses in Texas.

Pet Services

2,775 related employer businesses in Texas.

Land & Agriculture

30 related employer businesses in Texas.

E-commerce & Online Businesses

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

Restaurants & Food

59,544 related employer businesses in Texas.

Construction & Engineering

57,987 related employer businesses in Texas.

  • General Contracting: 16,334 employer businesses here. Typical sale multiple: 3.0x - 4.5x SDE.

  • Plumbing: 8,966 employer businesses here. Typical sale multiple: 3.5x - 5.0x SDE.

  • HVAC Services: 8,966 employer businesses here. Typical sale multiple: 4.6x - 7.0x EBITDA.

  • Electrical: 6,124 employer businesses here. Typical sale multiple: 4.0x - 8.0x EBITDA.

  • Interior Finishing: 5,910 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.

  • Civil Engineering: 5,772 employer businesses here. Typical sale multiple: 7.0x - 11.0x EBITDA.

  • Landscaping: 5,568 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.

  • Foundation & Site Prep: 4,652 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Fleet.

  • Roofing & Siding: 2,730 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.

  • Masonry: 883 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Equipment.

  • Carpentry & Framing: 628 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.

  • Remediation & Restoration: 420 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA.

Medical Practices

54,899 related employer businesses in Texas.

Financial & Professional Services

44,692 related employer businesses in Texas.

Retail Stores

32,144 related employer businesses in Texas.

Automotive & Boat

23,190 related employer businesses in Texas.

  • Auto Repair: 8,648 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE.

  • Auto Parts: 4,451 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE + Inventory.

  • Car Dealerships: 4,269 employer businesses here. Typical sale multiple: 2x - 8x Blue Sky + Assets.

  • Collision Repair: 2,725 employer businesses here. Typical sale multiple: 3.5x - 5.0x EBITDA.

  • Car Washes: 1,858 employer businesses here. Typical sale multiple: 4.5x - 7.0x EBITDA.

  • Towing & Repo: 886 employer businesses here. Typical sale multiple: 3.0x - 4.0x EBITDA + Fleet.

  • Boat Dealerships: 216 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA.

  • Marinas: 137 employer businesses here. Typical sale multiple: Cap Rate or 4.0x - 7.0x EBITDA.

Logistics & Transportation

22,348 related employer businesses in Texas.

Manufacturing

16,677 related employer businesses in Texas.

Wholesale & Distribution

16,491 related employer businesses in Texas.

Gas Stations & Convenience

14,635 related employer businesses in Texas.

  • Gas Stations: 10,670 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA + Real Estate.

  • Convenience Stores: 3,965 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.

Home Services

12,557 related employer businesses in Texas.

Beauty & Personal Care

10,863 related employer businesses in Texas.

  • Hair Salons: 5,740 employer businesses here. Typical sale multiple: 1.25x - 2.34x SDE.

  • Day Spas: 2,637 employer businesses here. Typical sale multiple: 1.8x - 2.8x SDE.

  • Tattoo Shops: 2,637 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE.

  • Massage Parlors: 2,637 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE.

  • Nail Salons: 1,881 employer businesses here. Typical sale multiple: 1.4x - 1.88x SDE.

  • Barber Shops: 605 employer businesses here. Typical sale multiple: 1.5x - 2.25x SDE.

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

Pharmacies & Medical Supply

9,374 related employer businesses in Texas.

Energy & Utilities

9,312 related employer businesses in Texas.

Technology & Media

9,072 related employer businesses in Texas.

Hospitality & Travel

7,625 related employer businesses in Texas.

  • Hotels: 5,643 employer businesses here. Typical sale multiple: 2.6x - 5.1x EBITDA.

  • Motels: 5,643 employer businesses here. Typical sale multiple: 1.1x - 2.5x SDE.

  • Transportation Services: 816 employer businesses here. Typical sale multiple: 2.0x - 4.1x SDE.

  • Travel Agencies: 592 employer businesses here. Typical sale multiple: 2.3x - 3.2x SDE.

  • Campgrounds & RV Parks: 484 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA.

  • Bed & Breakfasts / Inns: 90 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.

Education & Childcare

7,122 related employer businesses in Texas.

  • Daycare Centers: 6,242 employer businesses here. Typical sale multiple: 2.39x - 3.35x SDE.

  • Tutoring Centers: 880 employer businesses here. Typical sale multiple: 2.0x - 3.5x SDE.

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

Entertainment & Recreation

5,605 related employer businesses in Texas.

  • Bars & Pubs: 2,996 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.

  • Clubs & Lounges: 2,996 employer businesses here. Typical sale multiple: 3.0x - 6.0x EBITDA.

  • Outdoor Recreation: 1,616 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.

  • Golf Courses: 489 employer businesses here. Typical sale multiple: 8.0x - 11.0x EBITDA.

  • Arcades & FECs: 372 employer businesses here. Typical sale multiple: 2.1x - 3.6x SDE.

  • Bowling Alleys: 132 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.

Health & Fitness

4,402 related employer businesses in Texas.

Senior Care & Living

3,539 related employer businesses in Texas.

Pet Services

2,775 related employer businesses in Texas.

Land & Agriculture

30 related employer businesses in Texas.

E-commerce & Online Businesses

Working with owners in Texas

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

FREQUENTLY ASKED QUESTIONS

Questions owners in Texas ask

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

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 Texas?

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 Texas

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