Mountain West Business Market Data

2024 Transaction Analysis

Utah Market Statistics:

  • Total transactions (2024): 847 businesses sold
  • Average sale multiple: 3.2x EBITDA (up from 2.8x in 2020)
  • Median sale price: $1.4M
  • Average days on market: 180 days (industry standard)
  • FCBB Summit average: 142 days (22% faster)


Industry Breakdown by Transaction Volume:

  • Construction & Professional Services: 28% of all sales
  • Manufacturing: 22% of all sales 
  • Healthcare: 18% of all sales
  • Technology: 16% of all sales
  • Retail: 16% of all sales


Success Rates by Preparation Level:

  • Properly prepared businesses: 87% sell successfully
  • Unprepared businesses: 23% sell successfully 
  • Overpriced businesses (15%+ above market): 12% sell successfully


Sources: IBBA Market Research, FCBB transaction data, Utah Department of Commerce

Office Locations

Click on an office to view local team and contact details

Utah

Salt Lake City - FCBB Summit HQ

St. George - Southern Utah

Idaho

Meridian - Treasure Valley

Pocatello - Southeast Idaho

Coeur d'Alene - Northern Idaho

Montana

Missoula - Serving all of Montana

Wyoming

Jackson - Teton Valley & Driggs, Idaho