Lyerly, GA
$599,000
Lyerly, GA
$599,000
Camden, SC
$35,000
North Olmsted, OH
$259,000
REAL ESTATE INCLUDED
Stanislaus County, CA
$800,000
Morris County, NJ
$3,200,000
REAL ESTATE INCLUDED
Minnesota
$650,000
Crystal River, FL
$25,000
REAL ESTATE INCLUDED
Bergen County, NJ
$3,500,000
REAL ESTATE INCLUDED
Blacksburg, VA
$300,000
Santa Barbara, CA
$499,000
Hawthorne, CA
$90,000
Daytona Beach, FL
$200,000
Tempe, AZ
$200,000
Groveland, FL
$375,000
Clay County, FL
$260,000
REAL ESTATE INCLUDED
Detroit, MI
$1,498,000
Robert Hirsch
Exit Hero
Serving Pitkin County, CO
Holtsville
$599,000
Jacksonville, FL
$150,000
REAL ESTATE INCLUDED
Camden County, NJ
$350,000
Chicago, IL
$650,000
REAL ESTATE INCLUDED
Michigan
$375,000
Salinas, CA
$1,299,000
Santa Barbara, CA
$120,000
Morgan County, IL
$200,000
Groesbeck, OH
$10,000
Bergen County, NJ
$290,000
REAL ESTATE INCLUDED
Oakland County, MI
$925,000
Bergen County, NJ
$320,000
Alameda County, CA
$250,000
REAL ESTATE INCLUDED
Washington County, AR
$695,000
Whittier, CA
$579,000
Orange City, FL
$75,000
Round Lake Beach, IL
$145,000
Las Vegas, NV
$315,000
Camden County, NJ
$295,000
Frederick County, MD
$287,717
Atlantic County, NJ
$600,000
Nacogdoches County, TX
$197,700
Eastland County, TX
$297,700
Dallas, TX
$425,000
Dallas, TX
$179,000
Orlando, FL
$500,000
Tarrant County, TX
$450,000
Los Alamitos, CA
$350,000
Jim O'Leary
Corporate Consultants International, Inc.
Serving Nassau County, NY
REAL ESTATE INCLUDED
Wichita Falls, TX
$1,500,000
Snellville, GA
$200,000
Phoenix, AZ
$900,000
Port Richey, FL
$300,000
Jacksonville, FL
$250,000
Michigan
$2,150,000
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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