Selling a Business in Lehi, Utah: 2026 Market Guide and Free Valuation

Zion Business Brokers is headquartered in Lehi, at 139 Hunter's Grove Lane Suite 201. We sell businesses across all of Utah, from St. George to Logan, but Lehi is home. This guide covers what your Lehi business is likely worth in 2026, how the local market actually behaves, and how to get a free, confidential valuation without committing to anything.

The Lehi market in 2026

Lehi has roughly 3,105 businesses employing about 48,849 people, according to Utah Department of Workforce Services data. That ratio tells you something important about this city: Lehi has more jobs per business than any other market in Utah, because a handful of very large employers dominate the landscape.

Texas Instruments is finishing LFAB2, an $11 billion semiconductor investment that is the largest single capital project in Utah history. Adobe occupies a 680,000 square foot campus here. Intermountain opened the Primary Children's Miller Family Campus, a $335 million hospital, in 2024. Utah County as a whole grew 2.12 percent in 2025 to 765,515 residents, accounting for roughly a third of the entire state's growth.

For a business owner thinking about selling, that concentration cuts both ways. The tech and healthcare payroll flowing through Lehi supports an unusually affluent customer base for service businesses, restaurants, home services, and medical practices. But it also means buyers will ask hard questions about customer concentration if too much of your revenue traces back to one employer or one campus.

What businesses actually sell for in Lehi

Pricing a small business is mostly arithmetic on top of one number: seller's discretionary earnings, or SDE. That is your net profit plus your owner salary, plus personal expenses run through the business, plus depreciation and interest. Buyers pay a multiple of that number.

Across the market in 2026, the average small business sells for about 2.7 times SDE, with a median sale price near $349,250. Multiples vary meaningfully by industry. Service businesses average about 2.59 times SDE. Construction and trades run about 2.62. Retail lands near 2.61. Manufacturing commands the highest multiples at roughly 3.03. Restaurants sit lowest at about 2.24.

A Lehi HVAC company with $400,000 in SDE, for example, would price in the neighborhood of $1 million to $1.25 million, before adjusting for the specifics that actually move a deal: recurring contracts, customer concentration, how dependent the business is on the owner, equipment condition, and lease terms.

Businesses above roughly $700,000 in SDE stop trading on SDE multiples and start attracting private equity and search funds, which price on EBITDA at 4 to 6 times or higher. If that describes your business, the buyer pool is completely different and so is the process.

How to get a free business valuation in Lehi

There are two ways to find out what your Lehi business is worth, and they serve different purposes.

A free seller valuation. If you are considering selling, we will value your business at no cost and no obligation. You send financials, we analyze comparable completed transactions, and we walk you through the number in plain English along with what would move it. It is free because we only get paid when we sell your business. There are no upfront fees and no retainer.

A paid certified valuation. If you need a formal written report for an SBA loan, a partner buyout, a divorce, estate planning, or a shareholder dispute, that is a different product. It is a defensible document prepared to professional standards that a lender, attorney, court, or the IRS can rely on. We quote a flat fee up front. We also provide USPAP compliant machinery and equipment appraisals.

You can also get an instant ballpark in about sixty seconds with our free valuation calculator, which uses real 2026 Utah transaction multiples. It gives you a range, not a number, and it is completely anonymous. Nobody gets a notification when you use it.

Only about 14 percent of business owners have ever had a professional valuation done. Most owners guess, and most guesses are wrong in both directions. Knowing the real number years before you sell is what lets you actually do something about it.

Why owners in Lehi are selling now

Nationally, more than half of all small business owners are now over 55, and one in four is 65 or older. Roughly six million American small businesses will face an ownership transition by 2035.

Here is the statistic that should get your attention: 92 percent of business exits happen through closure. Only 5 percent are sales. Most owners simply shut the doors and walk away from the value they spent decades building, usually because they waited too long, never learned what the business was worth, or had no plan.

A business that could have sold for seven figures becomes a liquidation sale of used equipment. That is the outcome we exist to prevent.

Selling confidentially in Lehi

Lehi is a small town wearing a big city's clothes. Word travels. If your employees, customers, or competitors learn you are selling before you are ready, you can lose staff, lose accounts, and lose leverage all at once.

Every Zion engagement runs confidentially by default. Your business is marketed with a blind profile that describes the opportunity without naming you. Buyers sign a non disclosure agreement before they learn who you are, and we qualify them financially before they get anywhere near your financials or your team. Your employees find out when you decide they should, not before.

Working with Zion Business Brokers

We were founded in 2017 and we are based here in Lehi. We hold a 5.0 star rating on Google across 16 reviews, we close 89 percent of the businesses we take to market, and we charge no upfront fees. You pay us when your business sells.

We handle valuation, confidential marketing, buyer qualification, negotiation, SBA lender coordination, and due diligence management, so you can keep running your business while it is being sold. Distracted owners produce declining financials, and declining financials kill deals.

Frequently asked questions

How much does a business valuation cost in Lehi?

Nothing, if you are considering selling with us. We provide free, confidential seller valuations with no obligation. Certified written valuations for SBA loans, legal matters, or estate planning are quoted at a flat fee up front.

What is my Lehi business worth?

Most small businesses sell between 2 and 3 times seller's discretionary earnings, with a 2026 average near 2.7 times and a median sale price around $349,250. Manufacturing trends higher, restaurants lower. Our free calculator gives you a range in about a minute.

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

Service businesses average about 155 days from listing to close. Manufacturing runs longer at roughly 247 days. Add 60 to 90 days beforehand for preparation and packaging.

Will my employees find out I am selling?

Not unless you tell them. We market confidentially using blind profiles, and every buyer signs an NDA and is financially qualified before learning your identity.

Do I need to pay anything upfront?

No. Zion Business Brokers charges no upfront fees and no retainers. We are paid a commission only when your business sells.

Do you only work in Lehi?

No. We serve business owners across all of Utah, including Salt Lake City, Provo, Orem, Ogden, Layton, and St. George. Lehi is simply where our office is.

Find out what your business is worth

Start with the free valuation calculator for an instant range, or request a free confidential valuation and we will get you the real number. Call Cameron Dupree at (385) 985-7216, or reach us at cameron@zionbusinessbrokers.com.

Zion Business Brokers, 139 Hunter's Grove Lane Suite 201, Lehi, UT 84043.

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Want a number right now? Try the free Utah business valuation calculator and get a market value range in 30 seconds, based on real multiples from completed sales. No sign-up required.

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