Exeter, CA
$2,100,000
Convenience Stores For Sale in California
Market Info
Real EstateUnbranded Gas Station with Beer and Wine License.
Real EstateMini Market Lease in Hermosa Beach
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Not Disclosed
Real EstateA short operating hour Beer and Wine market with a property
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Real EstateHigh Volume Branded Gas Stations with Property, Package Deal.
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Real EstateMarket with meat, beer and wine.
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$1,200,000
Buy or Sell a Convenience Store in California
Convenience stores are a stable, predictable business and a staple of the local community. Quick access to everyday necessities is the draw of these stores, but these businesses thrive when owners are able to upsell their captive audience on items like lottery tickets and beverages.
If you are looking to buy or sell a convenience store in California, it is important to have some context on pricing, valuation, and financial performance of these businesses. Below we have aggregated listing data of California convenience stores, surfaced key financial metrics, and derived valuation multiples.
Market Overview
|
Number of Businesses Analyzed |
54 |
|
Median Asking Price |
$316,250 |
|
Median Reported Revenue |
$570,000 |
|
Median Reported Earnings |
$124,620 |
|
Financials based on businesses that listed an asking price, annual revenue, and seller's discretionary earnings. |
|
California Convenience Store Business Valuation Multiples
|
Range |
Revenue |
Earnings (SDE) |
|
Lower Quartile |
0.29 |
1.97 |
|
Median |
0.46 |
2.85 |
|
Upper Quartile |
0.58 |
3.54 |
|
Revenue and earnings multiples based on reported revenue, seller's discretionary earnings, and asking price. |
||
Read the Report:
Convenience Store Business Valuation Multiples and Financial Benchmarks
FAQs
How much does it cost to buy a convenience store in California?
Prices vary depending on sales volume and financial performance, but the median asking price for a convenience store business in California is approximately $316,250.
How much do convenience store owners earn?
On average, convenience store owners in California report median annual sales of $570,000 and annual owner earnings of $124,620. These figures are based on businesses that have listed their annual revenue and seller's discretionary earnings.
How do I value a convenience store business?
Valuing a convenience store business involves considering several factors, including annual revenue, profit, and growth. Brokers, business owners, and business buyers will typically rely on valuation multiples to gauge business value relative to similar businesses in the market. California convenience store revenue multiples typically range from 0.29 to 0.58, with the median at 0.46. Earnings multiples range from 1.97 to 3.54, with the median at 2.85. These values suggest a typical convenience store business will sell for around 0.46 times its annual revenue, and 2.85 times its annual owner’s earnings.
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