Fayette County, TX
$2,500,000
Fayette County, TX
$2,500,000
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
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
Nolan County, TX
$1,000,000
Bay City, TX
$258,000
Portsmouth, VA
$1,100,000
Michael Steinberg
Hedgestone Business Advisors
Serving Suffolk County, NY
Hedgestone Business Advisors is a full-service firm specializing in real estate, business brokering, mergers, and acquisitions. We recognize opportunities long before any of our competitors, enabling us to speed up the transaction process and better advise our clients. Our clients are the reason we are in business, and we always remember that we would not exist without them. Our service is always customized and sharply focused on the specific needs of every client. We succeed only when you do.
Jefferson County, OR
$4,200,000
Thurston County, WA
$9,200,000
Pasadena, TX
$1,500,000
Lake County, IL
$799,000
Delaware County, IN
Hebo, OR
$599,000
Wayne County, MI
$780,000
Jackson, MS
$749,000
Lyon, MS
$3,800,000
Little Rock, AR
$600,000
Chattahoochee, FL
$150,000
Tarrytown, NY
$200,000
Waukesha, WI
Chandler, OK
$4,990,000
Denmark, TN
$900,000
Trinidad, CO
$645,000
Mississippi
$2,900,000
Tyler, TX
$275,000
Peoria, IL
$1,800,000
Clermont, FL
$3,100,000
Jacksonville, FL
$1,795,000
Nassau County, NY
$875,000
Nassau County, NY
$850,000
Atlanta, GA
$1,490,000
Saint Paul, MN
$3,250,000
Walla Walla, WA
$1,500,000
Sheridan, OR
$450,000
Bibb County, GA
$1,590,000
David Wright, Esq.
Lawyers Realty Co., LLC
Serving St. Louis County, MO
Lawyers Realty Co. LLC is a boutique sized real estate and business brokerage company. We specialize in coming up with the best real estate and the best business solutions to maximize the value of our client's real estate and business assets. We have particular specialty and emphasis on a broad range of real estate asset classes, restaurants, and other business types. We possess the ability to figure out the best solution and possess the integrity, honesty and passion to do the best job for our clients.
Queenstown, MD
Eastpointe, MI
$999,999
Las Vegas, NV
$1,875,000
Cook County, IL
$2,700,000
Mentone, CA
$2,750,000
Rock County, WI
$750,000
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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