REAL ESTATE INCLUDED
Sault Sainte Marie, MI
$495,000

REAL ESTATE INCLUDED
Sault Sainte Marie, MI
$495,000

Canton Twp, MI
$295,000

REAL ESTATE INCLUDED
Detroit, MI
$798,000

REAL ESTATE INCLUDED
Oakland County, MI
$950,000
REAL ESTATE INCLUDED
Mesick, MI
$925,000
REAL ESTATE INCLUDED
Flint, MI
$165,000
REAL ESTATE INCLUDED
Macomb County, MI
$1,600,000
Oakland County, MI
$220,000
REAL ESTATE INCLUDED
Detroit, MI
$2,500,000
Jackson County, MI
$1,500,000
Available Nationwide
$50,000
REAL ESTATE INCLUDED
Oakland County, MI
$1,498,000
REAL ESTATE INCLUDED
Detroit, MI
$2,500,000
$35,000
Grand Rapids, MI
REAL ESTATE INCLUDED
Wayne County, MI
$1,500,000
REAL ESTATE INCLUDED
Wayne County, MI
$1,298,000
Armen Nazarian
Armen Nazarian Business Brokers
Serving Oakland County, MI
Armen Nazarian Business Brokers is committed to helping Buyers and Sellers in a fair, honest and professional manner while striving to keep the transaction as confidential as possible. Armen has many years of experience selling business and commercial real estate throughout the State of Michigan. As a leading business brokerage, we help our clients achieve buying the business they have always wanted or selling their business to a qualified buyer all while protecting their privacy and sensitive business information. That’s why we make it a point to provide quality work with integrity and confidentiality. You’ll know you made the right move to partner with us when you buy or sell a business. As a trusted business brokerage firm, we’ll handle every aspect of business buying or business selling so you can have a steady cash flow and reach your financial goals quicker. Call us today at 248-231-7714 for a free business evaluation!
REAL ESTATE INCLUDED
Detroit, MI
$1,500,000
REAL ESTATE INCLUDED
Wayne County, MI
$2,398,000
REAL ESTATE INCLUDED
Wayne County, MI
$1,900,000
REAL ESTATE INCLUDED
Detroit, MI
$998,000
REAL ESTATE INCLUDED
Wayne County, MI
$1,500,000
Available Nationwide
$100,000
REAL ESTATE INCLUDED
Detroit, MI
$700,000
Washtenaw County, MI
$725,000
$539,000
West Branch, MI
Oakland County, MI
$1
Macomb County, MI
$695,000
REAL ESTATE INCLUDED
Wayne County, MI
$375,000
Oakland County, MI
$950,000
Macomb County, MI
$54,900
Oakland County, MI
$370,000
Michigan
Not Disclosed
Available in Michigan
$200,000
REAL ESTATE INCLUDED
Detroit, MI
$1,600,000
Troy, MI
$249,000
$950,000
Luther, MI
REAL ESTATE INCLUDED
Detroit, MI
$2,100,000
REAL ESTATE INCLUDED
Wayne County, MI
$1,198,000
Available Nationwide
$500,000
REAL ESTATE INCLUDED
Detroit, MI
$1,100,000
REAL ESTATE INCLUDED
Detroit, MI
$1,250,000
REAL ESTATE INCLUDED
Monroe County, MI
$600,000
REAL ESTATE INCLUDED
Michigan
$375,000
REAL ESTATE INCLUDED
Belleville, MI
$650,000
Larry Baumgart
Advanced Business Brokers
Serving Kalamazoo County, MI
Business owners contact our firm to help them confidentially buy or sell their next business. With over 25 years experience in business valuations and services to help business owners increase value and ultimately the selling price of their business, we are a great choice to represent you and your needs. The savvy business purchaser will use us to insure they don't over pay for a business. Located in the Greater West Michigan area, we help clients throughout the Midwest with a focus in Michigan, Indiana and we have a partnership providing service in California. We work with your trusted advisor team (CPA, Attorney, Banker, Financial Planner, and US!)
Michigan
$2,150,000
REAL ESTATE INCLUDED
Wayne County, MI
$950,000
REAL ESTATE INCLUDED
Detroit, MI
$1,798,000
REAL ESTATE INCLUDED
Macomb County, MI
$1,400,000
Available Nationwide
$100,000
Oakland County, MI
$440,000
Wayne County, MI
$72,000
Jackson, MI
$5,000
Rochester, MI
$385,000
Prudenville, MI
$749,000
St Heights, MI
$4,700
Wayne County, MI
$780,000
Macomb County, MI
$999,999
Clinton Township, MI
Not Disclosed
Available Nationwide
$80,000
| Market Overview | Listed for Sale |
|---|---|
| Number of Businesses Analyzed | 7 |
| Median Asking Price | $550,000 |
| Median Reported Revenue | $2,130,000 |
| Median Reported Seller's Discretionary Earnings | $150,000 |
Asking Price
| Lower Quartile | Median | Upper Quartile |
|---|---|---|
| $335,000 | $550,000 | $774,000 |
Market Financial Highlights
The financial data presented here is an aggregation of reported revenue and earnings of Convenience Stores for sale in Michigan.
| Bound | Revenue | Seller’s Discretionary Earnings |
|---|---|---|
| Lower Quartile | $752,500 | $120,000 |
| Median | $2,130,000 | $150,000 |
| Upper Quartile | $3,618,070 | $414,527 |
Valuation Multiples
The valuation multiples listed below are derived from asking price, revenue, and seller's discretionary earnings of Convenience Stores listed for sale in Michigan.
| Bound | Revenue Multiple | Earnings Multiple |
|---|---|---|
| Lower Quartile | 0.26 | 2.70 |
| Median | 0.61 | 4.24 |
| Upper Quartile | 0.82 | 4.59 |
| Find out what these types of businesses actually sell for with a BizBuySell Valuation Report | ||
FAQ's
How much does it cost to buy a Convenience Store in Michigan?
The median asking price for an established Convenience Store in Michigan is $550,000, though prices range from under $335,000 to well over $774,000.
How much do Convenience Stores owners in Michigan earn?
The median reported revenue of Convenience Stores in Michigan is $2,130,000 and owners earn a median of $150,000, which includes the owners salary and any other financial benefits they receive.
How do I value a Convenience Store?
Valuing a business is a complex process, but buyers and sellers often turn to the local market to understand how businesses are priced. Based on our most recent analysis of Convenience Stores in Michigan, revenue multiples range from 0.26 to 0.82, with a median of 0.61. Earning multiples range from 2.70 to 4.59, with the median at 4.24. This means the typical Convenience Store in Michigan may ask for around 0.61 times its annual revenue, and 4.24 times its annual owner earnings.
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