REAL ESTATE INCLUDED
Grand Marais, MN
$429,000
REAL ESTATE INCLUDED
Grand Marais, MN
$429,000
Melbourne Beach, FL
$150,000
Troy, MI
$249,000
Glendale, CA
$470,000
REAL ESTATE INCLUDED
Rancho Cucamonga, CA
$1,950,000
REAL ESTATE INCLUDED
Prescott, MI
$250,000
REAL ESTATE INCLUDED
Minnesota
$200,000
Pennsylvania
$530,000
Virginia
$125,000
Norwood, NC
$25,000
Nassau County, NY
$290,000
Richardson, TX
$120,000
REAL ESTATE INCLUDED
Ardmore, OK
$725,000
Myrtle Beach, SC
$99,000
Cherry, IL
$735,000
Dallas County, TX
$260,000
Marc Lazarus
Transworld Advisors
Serving Bergen County, NJ
Transworld is the largest independent brokerage across the country with over 250 locations and international offices as well. Your business will be seen by thousands of potential buyers through our extensive network.
Jefferson County, TX
$217,700
REAL ESTATE INCLUDED
Minnesota
$1,900,000
Baltimore, MD
$275,000
Baltimore County, MD
$399,000
REAL ESTATE INCLUDED
Columbia County, NY
$550,000
Hartford County, CT
$315,000
Pomona, CA
$199,900
REAL ESTATE INCLUDED
Egg Harbor Township, NJ
$749,000
REAL ESTATE INCLUDED
Detroit, MI
$2,100,000
Robertson County, TX
$499,700
Leesburg, FL
$100,000
Sarasota County, FL
$399,000
REAL ESTATE INCLUDED
Wayne County, MI
$1,198,000
Tennessee
$947,700
Atlanta, GA
$469,000
Mentone, CA
$135,000
Palm Bay, FL
$1,400,000
Bureau County, IL
$140,000
Lithonia, GA
$169,000
REAL ESTATE INCLUDED
Detroit, MI
$1,200,000
REAL ESTATE INCLUDED
Wayne County, MI
$1,798,000
Bronx, NY
$450,000
San Joaquin County, CA
$325,000
REAL ESTATE INCLUDED
Lanett, AL
$2,200,000
Augusta, IL
$149,000
Hanford, CA
$599,000
REAL ESTATE INCLUDED
Detroit, MI
$1,100,000
Detroit, MI
$798,000
Brian Sauvageau
First Choice Business Brokers Chicago West
Serving DuPage County, IL
I'm here to help you achieve your goals by getting the proper valuation of your business and getting you the right qualified buyers.
REAL ESTATE INCLUDED
Oregon
$221,000
Howard County, MD
$100,000
REAL ESTATE INCLUDED
Detroit, MI
$1,398,000
Littleton, CO
$150,000
REAL ESTATE INCLUDED
Birmingham, AL
$2,990,000
Amelia, OH
$99,900
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 can upsell their captive audience on items like lottery tickets and beverages.
If you are looking to buy or sell a convenience store, it is important to have some context on pricing, valuation, and financial performance of these businesses. Below we have aggregated listing data of convenience stores, surfaced key financial metrics, and derived valuation multiples.
Market Overview
Number of Businesses Analyzed |
375 |
Median Asking Price |
$260,000 |
Median Reported Revenue |
$620,400 |
Median Reported Earnings |
$126,546 |
Financials based on businesses that listed an asking price, annual revenue, and seller's discretionary earnings. |
Convenience Store Business Valuation Multiples
Range |
Revenue |
Earnings (SDE) |
Lower Quartile |
0.27 |
1.52 |
Median |
0.43 |
2.20 |
Upper Quartile |
0.64 |
3.27 |
Revenue and earnings multiples based on reported revenue, seller's discretionary earnings, and asking price. |
Read the Report:
Convenience Store Business Valuation Benchmarks
FAQs
How much does it cost to buy a convenience store?
Prices vary depending on sales volume and financial performance, but the median asking price for a convenience store business in the U.S. is approximately $260,000.
How much do convenience store owners earn?
On average, convenience store owners report median annual sales of $620,400 and annual owner earnings of $126,546. 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. Convenience store revenue multiples typically range from 0.27 to 0.64, with the median at 0.43. Earnings multiples range from 1.52 to 3.27, with the median at 2.20. These values suggest a typical convenience store business will sell for around 0.43 times its annual revenue, and 2.2 times its annual owner’s earnings.
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