San Francisco, CA
$368,000

San Francisco, CA
$368,000

Fernandina Beach, FL
$800,000

Louisa County, VA
$250,000

Maricopa County, AZ
$600,000
REAL ESTATE INCLUDED
Grand Marais, MN
$399,000
Melbourne Beach, FL
$150,000
Troy, MI
$249,000
REAL ESTATE INCLUDED
Prescott, MI
$250,000
REAL ESTATE INCLUDED
Minnesota
$200,000
Pennsylvania
$530,000
Virginia
$125,000
Nassau County, NY
$290,000
Richardson, TX
$120,000
Myrtle Beach, SC
$99,000
Cherry, IL
$850,000
Dallas County, TX
$190,000
Marty Fahncke
Westbound Road, LLC
Serving Johnson County, KS
Westbound Road The team you trust to… Sell your business Buy a business Grow your business Westbound Road specializes in helping you buy and sell digital businesses such as e-commerce, software, SaaS, marketing and business services agencies, and more. Our firm is global, so we represent buyers and sellers from around the world! The Partners of Westbound Road have a legacy of massive success, but instead of looking back, are always looking forward. Our objectives are focused on growing companies, creating jobs, and returning exponential value to stakeholders through innovative growth, acquistion and investment strategies. Our partners have over $2.3 Billion in value creation across 45+ transactions in private, VC and PE backed enterprise. We place the economic and business objectives of our clients FIRST. CLIENT TESTIMONIAL: To whom it may concern, As a serial SaaS entrepreneur, I already had one multi-million dollar exit behind me. But even with that experience, I knew I still wanted a team of professionals handling my next exit. So I chose the team at Westbound Road as sell-side Advisors, and I'm glad I did. They worked tirelessly to secure a buyer for my business, sourcing and vetting over 200 potential buyers, eventually securing multiple full price offers for my business, and closing the transaction quickly and efficiently. If you are looking to sell your business, I highly recommend Westbound Road for high quality, professional and cost-effective M&A Advisory services. Z. Anderson
Jefferson County, TX
$217,700
REAL ESTATE INCLUDED
Minnesota
$1,900,000
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
Sarasota County, FL
$399,000
REAL ESTATE INCLUDED
Wayne County, MI
$1,198,000
Tennessee
$947,700
Mentone, CA
$135,000
Bureau County, IL
$140,000
Lithonia, GA
$149,000
REAL ESTATE INCLUDED
Wayne County, MI
$1,798,000
Bronx, NY
$450,000
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
REAL ESTATE INCLUDED
Oregon
$221,000
Howard County, MD
$100,000
REAL ESTATE INCLUDED
Birmingham, AL
$2,990,000
Amelia, OH
$99,900
Milwaukee, WI
$299,985
REAL ESTATE INCLUDED
Elizabeth City, NC
$745,000
Oakland County, MI
$150,000
Megdalene Maroun
Milato Realty Group
Serving Riverside County, CA
Milato Realty Group is a boutique real estate agency. The agency is led by Megdalene Maroun, a licensed Realtor with over 20 years of experience in the Riverside County real estate market. Megdalene has been a local resident for over 20 years and has served on multiple community boards1. She has been in real estate since 2016 and has a strong background in both residential and commercial properties. The agency offers personalized services, working one-on-one with clients to help them find the right home, investment, or commercial property. They specialize in residential real estate, commercial real estate, and business investments. Milato Realty Group is known for its dedication to providing the best guidance and advice to its clients, ensuring a smooth and professional experience
Lakewood, CO
$450,000
Saint Louis, MO
$250,000
Cameron County, TX
$457,000
Morgan County, AL
$49,900
REAL ESTATE INCLUDED
Detroit, MI
$1,250,000
Milwaukee County, WI
$650,000
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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