Clark County, NV
$69,000
Clark County, NV
$69,000
Rochester, MI
$370,000
Philadelphia, PA
$25,000
Philadelphia, PA
$750,000
Allenton, WI
Fillmore, CA
$5,400,000
Gallatin, TN
Pinellas County, FL
$1,200,000
Marion County, OH
$400,000
Volusia County, FL
$1,200,000
Rockledge, FL
$2,200,000
Belvidere, IL
$860,000
Marlow, OK
$650,000
Cook County, IL
$6,900,000
Dundalk, MD
$849,000
Nashville, TN
$299,900
Ron Cervelli
Regal Consulting Corp.
Serving Middlesex County, NJ
Thirty+ years of experience in the Business Brokerage Industry servicing New Jersey, New York, Pennsylvania and the Tri State Area.
Blythe, CA
$4,500,000
Union City, CA
$1,000,000
Downey, CA
$1,900,000
Stockton, CA
Stockton, CA
Virgin, UT
$7,000,000
Marysville, WA
$3,895,000
West Hartford, CT
$998,700
Exeter, CA
$2,100,000
Baltimore, MD
$265,000
Midland, MI
$459,900
Ada County, ID
$3,000,000
Calhoun, GA
Calhoun, GA
$899,000
Flagstaff, AZ
$600,000
Dexter, ME
$320,000
Cleveland, OH
Pine Bluff, AR
$800,000
North Little Rock, AR
Kankakee County, IL
$499,900
Fayette County, TX
$2,500,000
Tipton County, TN
$3,200,000
Nicholasville, KY
$825,000
Roopville, GA
$850,000
Lancaster, SC
$1,200,000
Hermosa Beach, CA
Snohomish County, WA
$2,800,000
Grays Harbor County, WA
$5,100,000
Lee Trammell
Drake Business Services
Serving Smith County, TX
It is impossible to be an expert at all different types of investments, much less have an effective marketing campaign, be “in the know,” and maintain a database of contacts across all asset classes. Drake takes a different approach when it comes to brokering business and real estate opportunities. At Drake, we break each type of investment into vertical markets, and carefully select a team member to be an expert in each market. Each agent is then able to spend 100% of their time every day on the daily activities in their area of expertise. This allows our agents to have a distinct advantage over our competitors who are distracted from their core business. As a result, our agents have a better understanding of market demand, marketing time, pricing, availability, marketing strategies, and client needs. Our structure also fosters an environment of sharing and creativity that gives the client the best experience possible.
Los Angeles, CA
$1,290,000
Nassau County, NY
$1,750,000
Tulare County, CA
$1,650,000
Nassau County, NY
$1,575,000
Spokane, WA
$1,600,000
Chicago, IL
$3,500,000
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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