Grand Junction, CO
$675,000
Grand Junction, CO
$675,000
Charleston County, SC
$170,000
Brooklyn, NY
$380,000
Milwaukee County, WI
$1,950,000
Morgan County, IL
$499,000
Cook County, IL
$950,000
Cook County, IL
$799,000
Cook County, IL
$2,200,000
Cook County, IL
$1,700,000
Shawnee County, KS
$1,800,000
Cook County, IL
$1,599,000
Cook County, IL
$699,000
Cook County, IL
$600,000
Cook County, IL
$350,000
White County, IN
$250,000
Cook County, IL
$950,000
Jesse Sutherland
TOK Commercial
Serving Twin Falls County, ID
At TOK Commercial we understand that market knowledge builds sound advice. We provide an accurate and detailed analysis of market conditions, property values and industry trends. Our Research team creates analytics that provide clients with insights no other firm can offer. EXTENSIVE PROPERTY DATABASE We track over 122 million square feet of commercial buildings and 90,000 acres of land daily, utilizing the most comprehensive database of commercial properties in Idaho. TRENDS & ANALYSIS Proprietary reports detail historical trends for vacancy, days-on-market, absorption, asking vs actual rent, and new construction. LEASE AND SALES COMPARABLES Over 20 years of historical lease and sale comparable data provide accurate market pricing trends.
Kankakee County, IL
$875,000
Cook County, IL
$5,950,000
Minnesota
$5,000
REAL ESTATE INCLUDED
Apple Springs, TX
Cash Flow: $740,000
Cook County, IL
$2,400,000
Peoria County, IL
$1,150,000
Fresno, CA
$859,000
Nassau County, NY
$149,000
Peoria, IL
$150,000
Mississippi
$457,000
Richmond, TX
$75,000
Iowa
Cash Flow: $300,000
South Fulton, GA
$690,000
Burlington, WI
$300,000
Loveland, CO
$280,000
Houston, TX
$157,700
Dallas County, TX
$597,000
Flushing, NY
$2,200,000
Suffolk County, NY
$525,000
Hartford County, CT
$84,999
Orange County, CA
$197,000
Palm Beach County, FL
$950,000
Santa Clara, CA
$299,000
REAL ESTATE INCLUDED
Hamilton, IL
$900,000
Chino, CA
$650,000
REAL ESTATE INCLUDED
Tucson, AZ
$1,690,000
REAL ESTATE INCLUDED
Baltimore, MD
$599,000
Montgomery County, MD
$425,000
Nicholas Maclure
Century 21 Farm & Forest Realty
Serving Orleans County, VT
Fort Worth, TX
$200,000
San Francisco, CA
$1,225,000
Phoenix, AZ
$110,000
Covina, CA
$499,000
REAL ESTATE INCLUDED
Minnesota
$1,200,000
Ardmore, OK
$1,100,000
Liquor stores are a staple business in most communities, providing customers with a variety of alcoholic beverages that are always in demand. Among retail businesses, liquor stores are an often overlooked but consistently performing option.
If you are looking to buy or sell a liquor store business, it helps to have some context on the market, and to understand how these types of businesses are valued. Below, we have aggregated financial data from current and recent listings to provide some benchmarks on valuation and performance of liquor store businesses. All data is based on broker and business owner provided financial information.
Market Overview
Number of Businesses Analyzed |
852 |
Median Asking Price |
$474,500 |
Median Reported Revenue |
$943,000 |
Median Reported Earnings |
$150,000 |
Financials based on businesses that listed an asking price, annual revenue, and seller's discretionary earnings. |
Liquor Store Business Valuation Multiples
Range |
Revenue |
Earnings (SDE) |
Lower Quartile |
0.36 |
2.25 |
Median |
0.52 |
3.05 |
Upper Quartile |
0.77 |
4.00 |
Revenue and earnings multiples based on reported revenue, seller's discretionary earnings, and asking price. |
Read the Report:
Liquor Store Business Valuation Multiples & Financial Benchmarks
FAQs
How much does it cost to buy a liquor store?
The median asking price for a liquor store is approximately $474,500. However, this can vary significantly depending on the size, location, and financial performance of the store.
How much do liquor store owners earn?
On average, liquor store owners report median annual sales of $943,000 and annual owner earnings of $150,000. These figures are based on businesses that have listed their annual revenue and seller's discretionary earnings.
How do I value a liquor store business?
Valuing a liquor store business involves considering several factors, including annual revenue, profit margins, and market conditions. Brokers, business owners, and business buyers will typically rely on valuation multiples to gauge business value relative to similar businesses in the market. Liquor store revenue/sales multiples typically range from 0.36 to 0.77, with the median at 0.52. Earnings multiples range from 2.25 to 4.00, with the median at 3.05. These values suggest a typical liquor store business will sell for around 0.52 times its annual revenue, and 3.05 times its annual owner’s earnings.
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