Dallas, TX
$160,000

Dallas, TX
$160,000

Dallas, TX
$275,000
Allen, TX
$125,000
Collin County, TX
$499,000
Johnson County, KS
$225,000
Putnam County, NY
$125,000
Sun City, AZ
$300,000
Camden, SC
$1
North Olmsted, OH
$259,000
REAL ESTATE INCLUDED
Stanislaus County, CA
$800,000
REAL ESTATE INCLUDED
Minnesota
$650,000
Crystal River, FL
$25,000
REAL ESTATE INCLUDED
Blacksburg, VA
$300,000
Tempe, AZ
$200,000
Groveland, FL
$375,000
Holtsville
$599,000
Apex Commercial Real Estate
Apex Commercial Real Estate Services | KW South Valley Keller Williams
Serving Salt Lake County, UT
Apex Commercial Real Estate is currently one of the top hotel brokers in the nation as published in the 2019 Hotel Management Magazine In addition to leading the market in hospitality we have trained specialists in the following areas: Assisted Living Development Gas Stations & C-Stores Land Office Leases Medical Multi-Family Retail We have built a strong presence in the industry because of our large international database.
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
REAL ESTATE INCLUDED
Oakland County, MI
$925,000
Bergen County, NJ
$320,000
REAL ESTATE INCLUDED
Belleville, MI
$650,000
Whittier, CA
$579,000
Orange City, FL
$75,000
Las Vegas, NV
$315,000
Eastland County, TX
$295,000
Dallas, TX
$425,000
Tarrant County, TX
$450,000
Los Alamitos, CA
$350,000
REAL ESTATE INCLUDED
Wichita Falls, TX
$1,500,000
Phoenix, AZ
$900,000
Port Richey, FL
$300,000
Jacksonville, FL
$250,000
Michigan
$2,150,000
Manistee, MI
$399,000
Anaheim, CA
$225,000
REAL ESTATE INCLUDED
Oakland County, MI
$999,000
Aurora, CO
$140,000
Knox County, TN
$185,000
Hillsborough County, FL
$195,000
Mills Cubbage
Bull Street Mergers, LLC
Serving Charleston County, SC
Baltimore City County, MD
$199,000
REAL ESTATE INCLUDED
Wayne County, MI
$950,000
Tampa, FL
$425,000
Intercession City, FL
$195,000
Eustis, FL
$499,000
Nassau County, NY
$275,000
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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