Statewide426 transactions logged
A deal database lists 694 New Hampshire companies recently sold across 426 transactions, involving 87 private equity investors and 459 corporate buyers.
Mergr, 2026
Sell a business in New Hampshire
The road from today to the years after a sale runs through New Hampshire's rules. Here it is in the order you will meet them: where you stand, what the state takes, the rules of the sale, who buys, and what the money can do after.
ComplexityLowTax on the gainNone 2025Deal volumeLowEntity tax
New Hampshire is a smaller market, with fewer buyers competing for any one business. The state takes none of the gain. Expect a tax on the business itself on the way out.
Tax on the gain: No personal tax on wages or gains; the 7.5% business profits tax still reaches gains on business assets.
Today
Where you stand
New Hampshire taxes no wages or gains, yet a sole proprietor selling business assets still meets the 7.5 percent Business Profits Tax.
A state where small firms carry half the workforce, above the national share, with about 309,000 people on small-business payrolls.
Share of workers
0.0%
of New Hampshire's workers, 309,420 people, employed by small businesses in the SBA's 2025 profile.
SBA Office of Advocacy, 2025
The elements this touches
- TmTime The years before you want out. It feeds the exit-readiness score and never moves the price; every other decision is planned against it.
ListenThe New Hampshire briefing, read aloud
The deal team on what changes when you sell a business in New Hampshire.
Before the letter of intent
What New Hampshire takes
The tax on the gain, and what to settle before a buyer names a price
No tax on wages or gains and the interest and dividends tax ended in 2025, but every business organization pays the 7.5 percent profits tax and the 0.55 percent enterprise tax.
State tax on the gain
0%
No personal tax on wages or gains; the 7.5% business profits tax still reaches gains on business assets.
Tax Foundation, 2025
A founder on film
On what he learned about tax on the way to the sale.
Lewis Titus Wastewater purification and manufacturing · Wyoming
No tax on gains
New Hampshire levies no tax on wages or capital gains, and its interest and dividends tax was repealed for 2025.
Business Profits Tax 7.5 percent
The Business Profits Tax is 7.5 percent of taxable business profits for periods ending on or after 31 December 2023.
Business Enterprise Tax 0.55 percent
The Business Enterprise Tax is 0.55 percent of the enterprise value tax base for periods ending on or after 31 December 2022.
The rate is the state's top rate on the gain for the year shown, the same figure as the indicator in the hero, so the two can never disagree.
The elements this touches
- TxTax Strategy The deal and entity structure, set before the letter of intent. FNDRS tracks whether it is in place. It never moves the price; it changes what you keep.
- ApAfter-Tax Proceeds What you keep at close. FNDRS records the pre-tax walk-away and the gap to your number. It never moves the price, and the tax on it is a question for your CPA.
Under contract and at closing
The rules of the sale
The rules a sale in New Hampshire runs under
No sales tax means no sales-tax clearance on an asset sale, and non-competes are void for anyone earning up to twice the federal minimum wage.
01Low earners cannot be bound
A non-compete with an employee earning up to 200 percent of the federal minimum wage is void, and an employer may not require one, since September 2019.
New Hampshire General Court, 2019
02No bulk-sale notice needed
New Hampshire has no general sales and use tax, so the sales-tax bulk-sale notices and clearance certificates of other states do not arise on an asset sale.
Miller Cooper, 2025
The elements this touches
- LcLegal & Compliance Contracts, licences, and filings in order and enforceable. The FNDRS valuation reads it, and the score moves the multiple.
- DrData Room The documents a buyer will ask for, ready before they ask. FNDRS tracks it in the deal-readiness report card; it decides how fast and how cleanly a deal closes.
One thing you would not guess
The no-income-tax state taxes the sale of a sole proprietorship: a proprietor's gross business profits include gains on assets used in the business.
For a proprietorship, gross business profits under the Business Profits Tax are net profit adjusted by gains or losses on the sale of assets used in the business.
The same rule reaches partnerships and trusts: gains on the sale of partnership assets or assets held for business use are added to the taxable base.
When the process opens
Who buys
Who shows up for a business in New Hampshire
A lower-middle-market state where deals cluster in the Manchester-Nashua-Salem corridor, buyers come up from Boston, and precision manufacturing and home services trade most.
ManchesterBoston money, Manchester deals
One advisor describes deal flow concentrated in the Manchester-Nashua-Salem corridor, sourced largely from Boston-area private equity and family offices, at $5 million to $50 million enterprise value.
CT Acquisitions, 2026
NashuaPrecision-manufacturing add-on
Micro-Precision Technologies bought Stellar Manufacturing, a Salem printed-circuit-board assembler, in October 2025, a typical precision-manufacturing add-on.
CT Acquisitions, 2025
The elements this touches
- SyStrategic Synergy What one buyer gains that another cannot. The buyer at the table prices it, which is why the sell-side process goes looking for them.
What these buyers look for
A buyer looks for pricing power before they look at growth. When costs go up, who pays?
Nick Long CEO and co-founder
Day 0, and the years after
After the close
What New Hampshire lets the proceeds do
A trust jurisdiction by design: no rule against perpetuities since 2004, self-settled asset protection trusts since 2008, and no state income tax on trust income.
CloseDay 0
Proceeds land. What the state keeps of them is settled above; what it lets them do from here is below.
Opt-out trust, 2004No end
Since 1 January 2004 the common-law rule against perpetuities does not apply to a trust whose instrument opts out and whose trustee can sell or lease property.
Asset protection trusts since 2008
New Hampshire enacted a self-settled asset protection trust statute, RSA 564-D, in 2008 and updated it in 2011.
WealthMarketed as a trust state
Trust companies market the state on no income tax for trusts, directed trusts, and perpetual trusts when a New Hampshire trustee serves.
WealthWhere FNDRS comes in
The post-exit wealth plan is the third act of the same engagement, and it starts in diligence, before the letter of intent, when a move or a trust can still change the answer.
FNDRSThe elements this touches
- EsEstate Architecture Trusts and ownership set up before the letter of intent. It changes what the family keeps, not what a buyer pays.
- ApAfter-Tax Proceeds What you keep at close. FNDRS records the pre-tax walk-away and the gap to your number. It never moves the price, and the tax on it is a question for your CPA.
People who walked it
Founders
Founders who worked with FNDRS, in their own words
From founders elsewhere
What founders say about working with FNDRS
No founder in New Hampshire is quoted yet. These are founders in other states, quoted word for word, each described by role and state.
1 of 3
“I definitely don't think we'd be in the same spot without you guys.”
No founder in New Hampshire is on film yet. These are founders in other states who worked with FNDRS.47 founders on film
Nearby
Other states in the Northeast
| Northeast | Tax on the gain | Complexity | Deal volume |
|---|---|---|---|
| Connecticut | 6.99% 2025 | Medium | Medium |
| Maine | 7.15% 2025 | Medium | Low |
| Massachusetts | 9% 2025 | Medium | High |
| New Jersey | 10.75% 2025 | Medium | High |
| New York | 10.9% 2025 | Medium | Very high |
| Pennsylvania | 3.07% 2025 | Medium | High |
| Rhode Island | 5.99% 2025 | High | Very low |
| Vermont | 8.75% 2025 | Medium | Very low |
Your next step
The road starts with one step
Know where you stand in fifteen minutes, or talk the New Hampshire sale through with a dealmaker. Either way, no pitch and no obligation.
Selling in New Hampshire? Start with a conversation
No pitch and no obligation. If the honest answer is not yet, we will say so, and say what to work on.