Your complete guide to business transactions in this industrial Metro East city. Market insights, local regulations, and expert resources.
Granite City is an industrial city in Madison County, located in the Metro East region across from St. Louis. With approximately 28,000 residents and a strong manufacturing heritage, Granite City offers affordable business opportunities with access to the St. Louis metropolitan market.
The city has historically been centered around steel production, with U.S. Steel Granite City Works being a major employer. The economy also includes healthcare, retail, and various service businesses. The city's location provides access to major highways and the St. Louis market while offering lower operating costs.
| Metric | Value |
|---|---|
| Population | 28,000 |
| Total Businesses | 1,000+ |
| Average Business Sale Price | $175,000 |
| Median Time to Sell | 9 months |
| Top Industries | Manufacturing, Healthcare, Retail, Restaurants, Auto Services |
| Region | Madison County / Metro East |
Granite City's industrial base and St. Louis proximity create opportunities for business sellers. Here's what you need to know about selling in the Granite City market:
Granite City offers affordable business opportunities with St. Louis market access. Here's what buyers should know:
Steel-related and general manufacturing.
Medical practices serving the community.
Neighborhood retail and shopping centers.
Dining serving workers and residents.
Auto repair and service businesses.
Warehousing and logistics operations.
Granite City offers very affordable business opportunities, proximity to the St. Louis market, a skilled industrial workforce, and lower operating costs than many Metro East communities.
U.S. Steel Granite City Works is a major employer, and its operations affect the local economy. Businesses serving steel workers and the industrial sector can be impacted by production cycles. Diversified businesses tend to be more stable.
Healthcare services, restaurants, retail, and businesses serving the industrial sector are in demand. Businesses that serve both the local community and the broader Metro East region tend to perform well.
Yes, SBA loans are available through Metro East lenders. Local community banks often provide competitive terms. Seller financing is common for smaller transactions.
Get expert guidance for your Granite City business transaction.