Monterey, CA
$210,000
Monterey, CA
$210,000
Bellmawr, NJ
$175,000
Lyndhurst, NJ
$115,000
Broward County, FL
$549,999
Lindenwold, NJ
$160,000
South Amboy, NJ
$150,000
Anaheim, CA
$250,000
Kearny, NJ
$180,000
Summit, NJ
$499,000
Brighton, MI
$350,000
Sterling Heights, MI
$475,000
Grosse Pointe, MI
$74,500
St Lucie County, FL
$359,000
Framingham, MA
Norwood, MA
$125,000
Elizabeth, NJ
$195,000
Mary L Barbera
Graham Hearst Real Estate
Serving Cumberland County, NJ
Graham Hearst Real Estate is a FULL SERVICE Real Estate Agency.
Monterey, CA
$800,000
Morris County, NJ
$250,000
Chester, PA
$280,000
Glendale, AZ
$200,000
Lodi, NJ
$399,999
West Orange, NJ
$500,000
Monroe County, MI
$300,000
Hackensack, NJ
$465,000
Cambridge, MA
$95,000
Manatee County, FL
$749,000
Detroit, MI
$60,000
Saint Augustine, FL
Mays Landing, NJ
$125,000
District of Columbia, DC
$75,000
Woodland Park, NJ
$599,000
Genesee County, MI
$315,000
Hoboken, NJ
$450,000
Clark County, NV
$69,000
Egg Harbor Township, NJ
$175,000
Mays Landing, NJ
$175,000
Clermont, FL
$315,000
Orange County, FL
$615,000
Lee County, FL
Miami-Dade County, FL
Osceola County, FL
$380,000
Sarasota County, FL
$550,000
Upper Darby, PA
$270,000
Jobstown, NJ
$175,000
Bret Reinhardt
Grange Strategic Partners
Serving Boone County, IN
Grange Strategic Partners is a group of professionals with 20+ years of experience in identifying, defining and successfully transacting business. Our founder has owned and operated several businesses in sectors that include manufacturing, distribution, real estate, education, event management, business consulting and golf. This experience allows us to draw from personal experience when helping our clients define opportunities.
Lodi, NJ
$500,000
Washington, DC
$265,000
Pinellas County, FL
$540,000
Palm Beach County, FL
$250,000
St. Johns County, FL
$700,000
Manatee County, FL
$600,000
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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