Games like Dungeon Merchant
Games like Dungeon Merchant include Graveyard Keeper, 鬼谷八荒 Tale of Immortal, DAVE THE DIVER, Game Dev Tycoon, and Stardew Valley. We matched them by the tags players give Dungeon Merchant on Steam (Indie, Simulation, Shop Keeper, Singleplayer, and RPG): closest matches first, and among equally close ones the better-known games.

Graveyard Keeper
Shared: Simulation · RPG · Pixel Graphics

鬼谷八荒 Tale of Immortal
Shared: Simulation · Singleplayer · Management

DAVE THE DIVER
Shared: Management · Pixel Graphics · Singleplayer

Game Dev Tycoon
Shared: Simulation · Indie · Management

Stardew Valley
Shared: Simulation · Pixel Graphics · RPG

Dragon Cliff
Shared: RPG · Indie · Pixel Graphics

The Escapists
Shared: Singleplayer · Simulation · Indie

Papers, Please
Shared: Indie · Simulation · Singleplayer

Potion Craft: Alchemist Simulator
Shared: Simulation · Singleplayer · Indie

911 Operator
Shared: Simulation · Indie · Singleplayer

Mini Motorways
Shared: Simulation · Indie · Management

Fell & Sell
Shared: Simulation · Shop Keeper · Management

Yes, Your Grace
Shared: Indie · RPG · Pixel Graphics

The Scroll of Taiwu : Beyond The Dome
Shared: RPG · Indie · Singleplayer

Idle Champions of the Forgotten Realms
Shared: Indie · Singleplayer · Strategy

Plague Inc: Evolved
Shared: Simulation · Indie · Singleplayer

Knights of Pen and Paper 2
Shared: RPG · Indie · Simulation

Retro Rewind - Video Store Simulator
Shared: Simulation · Shop Keeper · Management

Recettear: An Item Shop's Tale
Shared: Indie · RPG · Singleplayer

Travellers Rest
Shared: Management · Pixel Graphics · RPG

Swag and Sorcery
Shared: RPG · Indie · Singleplayer

Chinese Parents
Shared: Simulation · Indie · RPG

Probably Stolen - Cyberpunk Shopkeeper Sim
Shared: Simulation · Shop Keeper · Management

Sultan's Game
Shared: Singleplayer · RPG · Simulation