Peoria Business Broker
Peoria is one of the fastest-growing cities in the Northwest Valley, with a 2026 population of 203,891 according to World Population Review, making it the 8th most populated city in Arizona per the most current US Census Bureau Population Estimates. The median household income reached $95,815 in 2024 ACS data via Data USA, with average household income of $126,088 per the 2024 American Community Survey. The local economy employs approximately 92,800 working residents, dominated by Health Care and Social Assistance (13,824 employees), Retail Trade (11,689), and Finance and Insurance (9,192) per 2024 Census data. The median age is 41.7 years, reflecting a balanced mix of established working professionals and a meaningful retiree population near the Arrowhead and Sun City corridors. Peoria''s business landscape is anchored by the Peoria Sports Complex, the Cactus League spring-training home shared by the San Diego Padres and Seattle Mariners, which drives a concentrated hospitality and entertainment cluster each February through March. The P83 Entertainment District along West Bell Road has become the Northwest Valley''s primary dining and entertainment hub, with independent restaurants, bars, and service businesses that turn over through brokerage channels regularly. Northwest Valley healthcare is supported by nearby Banner and HonorHealth regional facilities, sustaining a sizable medical-services ecosystem. Lake Pleasant Regional Park, accessed primarily through Peoria, drives seasonal tourism and supports outdoor-recreation businesses. Arrowhead Towne Center sits at the city''s eastern edge and anchors retail and service activity along the Loop 101 / Loop 303 corridor. For sellers, Peoria presents a buyer mix of in-state professional owner-operators and out-of-state relocators arriving from California, the Pacific Northwest, and the Midwest. The market trades at typical Phoenix-metro SDE multiples (1.8–3.0x for service businesses, 2.0–3.5x for healthcare-adjacent practices), with Series 12 (restaurant) and Series 6 (bar) liquor licenses commanding their standard Arizona FMV in entertainment-corridor transactions. New build-out activity along the Loop 303 corridor continues to support contractor and trade-service businesses in particular demand. BizSalesGuy serves all Peoria submarkets, with particular focus on restaurants and hospitality in the P83 corridor, healthcare-adjacent service practices, and contractor and trade businesses along the growth corridors. Valuations follow a documented SDE methodology with three-year weighted-average earnings (50/30/20), and every listing flows through the Sunbelt Network''s 300,000-plus registered buyer database alongside Arizona-specific marketing channels.
Peoria Submarkets We Cover
Peoria submarkets cluster along distinct corridors. The P83 Entertainment District along West Bell Road is the dining, bar, and entertainment hub of the Northwest Valley with independent restaurant and hospitality concepts that turn over regularly. The Arrowhead area near Loop 101 anchors retail, healthcare, and service businesses with daytime traffic from adjacent Glendale and Sun City. Old Town Peoria around Grand Avenue and 83rd is a smaller historic-commercial pocket. The Lake Pleasant corridor northwest of the city supports outdoor-recreation, marina, and seasonal-tourism businesses. The Vistancia and north growth corridor along Loop 303 is the primary new-build trade and contractor zone, with home-services demand running ahead of established supply.