100 city markets/Richmond, VA
Covered market #96

Businesses for sale in Richmond, VA

11,806 business establishments operate in Richmond, and 5,626 of them employ between 5 and 99 people — the range most often bought and sold by individual owners. Professional and technical services leads the local mix with 1,571 firms.

Local market

What the Richmond business base looks like

Business establishments11,806

Every physical location with paid employees in Richmond ZIP codes.

Employing 5 to 99 people5,626

Large enough to run without the owner on site, small enough for an individual buyer. This is where most transactions happen.

Share of the local base48%

The rest are mostly owner-only businesses, which rarely change hands as going concerns.

Largest industries in Richmond

  • Professional & technical services1,571
  • Retail1,451
  • Healthcare & social assistance1,396
  • Personal & repair services1,290
  • Restaurants & accommodation1,116

These five account for 58% of establishments in Richmond. A buyer's odds are best where the local base is deepest, and a seller competes with everyone else in the same column.

Source: U.S. Census Bureau, ZIP Business Patterns 2023. Figures cover the ZIP codes the Postal Service assigns to Richmond, which approximates but does not exactly match the city limits. Establishment counts are locations with paid employees; sole proprietors without employees are not included. Latest available year: 2023.

Buying, selling, combining

No single industry carries Richmond.

The five largest categories split 6,824 businesses between them fairly evenly, with professional and technical services only 1.1× the size of retail. Demand is spread rather than concentrated.

Buy in Richmond

5,626 businesses here employ 5 to 99 people. That is enough to be selective without waiting months between candidates — worth watching professional and technical services and retail in particular.

Search this market

Sell in Richmond

With no dominant industry in Richmond, buyers arrive with broader criteria and fewer direct comparisons. A clearly presented business stands out sooner than it would in a concentrated market.

Start an owner listing

Combine several into one

Acquirers looking for scale in Richmond often cannot buy it in one piece. 1,571 professional and technical services firms is the kind of depth that lets several be combined into one company big enough for a buyer that would not look at any of them alone.

How combinations work

Nothing here is a listing or an offer. Confidential details stay behind NDA acceptance and the seller's own consent.