Palmdale, CA
$1,777,000
Palmdale, CA
$1,777,000
Scott County, VA
$150,000
Fort Pierce, FL
$175,000
Paterson, NJ
$425,000
Westchester County, NY
$475,000
Ocoee, FL
$149,900
Los Angeles, CA
$990,000
Durango, CO
$1,150,000
Calhoun, GA
$99,000
REAL ESTATE INCLUDED
Travis County, TX
$1,500,000
REAL ESTATE INCLUDED
Lorain County, OH
$1,500,000
Fulton County, GA
$1,000,000
REAL ESTATE INCLUDED
Walla Walla County, WA
$4,295,000
Miami, FL
$150,000
REAL ESTATE INCLUDED
Richland County, SC
$1,900,000
REAL ESTATE INCLUDED
New London County, CT
$2,600,000
David Cervero
HBSG, Inc.
Serving New Haven County, CT
HBSG IS THE ONLY FULL SERVICE HOSPITALITY BROKERAGE HOUSE. OUR EXCLUSIVE CLIENT LIST INCLUDES TOP NATIONAL FRANCHISES AS WELL AS LOCAL EXPANDING BRANDS OF ONLY THE HIGHEST QUALITY. WE UNDERSTAND THE IMPORTANCE OF DISCRETION AND INTEGRITY AND OUR TEAM OF HOSPITALITY EXPERTS WORK TO CLOSE EACH DEAL SEAMLESSLY AND EXPEDITIOUSLY. WHETHER YOU ARE SELLING A CURRENT BUSINESS, EXPANDING INTO A NEW MARKET OR WANT TO STREAMLINE YOUR CURRENT RESTAURANTS COSTS AND EFFICIENCY, HBSG WILL ENSURE EVERY GOAL IS REACHED.
Miami, FL
$120,000
Baltimore, MD
$450,000
Lithia Springs, GA
$399,000
Montgomery County, OH
$245,000
Vancouver, WA
$125,000
Summit County, OH
$140,000
Houston, TX
$50,000
REAL ESTATE INCLUDED
Madison County, IL
$2,392,000
Pasco County, FL
$250,000
Erath County, TX
$3,000,000
Bosque County, TX
$1,000,000
Henderson County, TX
$2,600,000
Hill County, TX
$900,000
Thunder Bay, ON
$3,500,000
Houston, TX
$140,000
Conyers, GA
$490,000
Lauderhill, FL
$40,000
Houston, TX
$349,000
Richmond, VA
$560,000
REAL ESTATE INCLUDED
Hinds County, MS
$1,800,000
REAL ESTATE INCLUDED
Stark County, OH
$350,000
Cuyahoga County, OH
$200,000
REAL ESTATE INCLUDED
Montezuma County, CO
$1,200,000
REAL ESTATE INCLUDED
Oklahoma County, OK
$1,500,000
Butler County, OH
$265,000
Summit County, OH
$275,000
Sacramento County, CA
$950,000
Colorado
$4,500,000
Randy Katz
Synesis Advisors
Serving San Francisco County, CA
From our initial discussion about a potential sale until after you have handed over your operation, Synesis Advisors is there. This includes helping you understand what your business is worth and potential deal structures, assembling offering memorandums, implementing go-to-market strategies, pre-screening potential buyers, negotiating deal terms, project managing the many parties associated with a transaction, and planning an orderly business transition. We are multi-disciplinary experts so that you don’t have to be.
REAL ESTATE INCLUDED
Minnesota
$1,250,000
Belknap County, NH
$475,000
Worcester County, MD
$250,000
Phoenix, AZ
$350,000
Norcross, GA
$40,000
Westminster, CA
$1,500,000
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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