Monmouth County, NJ
Convenience store is located in a busy strip mall within Monmouth County,New Jersey. This location sells lottery, snacks, phone cards, smoking-related products (Juul and Tobacco), OTC medicine, and...
Monmouth County, NJ
Convenience store is located in a busy strip mall within Monmouth County,New Jersey. This location sells lottery, snacks, phone cards, smoking-related products (Juul and Tobacco), OTC medicine, and...
$139,000
Cash Flow: $100,000
Somerset County, NJ
Profitable prime location convenience store has just come in the market within Somerset County, NJ. This location is one of its kind selling complete range of products that includes soda, snacks,...
$199,000
Cash Flow: $100,000
Bergen County, NJ
50% Margin on snacks and drinks. Many repeat customers. Prime location. Absentee Owner,...
$360,000
Cash Flow: $175,000
Long Branch, NJ
Turn Key Convenience Store "Welsh Farm". Bright well-Lit with Lottery and popular ATM. 2,080 sf of sales area and storage/Office/Walk-in cooler. Great location near Dunkin Donuts, laundromat, liquor...
$85,000
Hudson County, NJ
Reduced $ 50 K- Located off a high-traffic, safe Hudson County thoroughfare. Corner store location. Two nearby libraries & stores attract many area residents to this section of town. Very high 4.9...
$169,000
Cash Flow: $139,000
Burlington County, NJ
$85,000
Burlington County, NJ
$1,300,000
Paterson, NJ
$425,000
Union County, NJ
$880,000
Burlington County, NJ
$350,000
Available Nationwide
$60,000
REAL ESTATE INCLUDED
Union County, NJ
$3,750,000
Passaic County, NJ
$299,000
Middlesex County, NJ
$289,900
Sussex County, NJ
$55,000
Beverly, NJ
$100,000
Liquor License Sales PA-NJ, LLC
Liquor License Sales PA-NJ, LLC.
Serving Bergen County, NJ
Liquor License Sales PA-NJ, LLC is a full service liquor license brokerage that works only in Pennsylvania and New Jersey. We have been in business for over 20 years and work with everyone from the independent owner who wishes to expand their business to many of the corporate restaurant chains, grocery and convenience store groups. Need market values? We may be able to help! Give us a call!
Morris County, NJ
$150,000
Bergen County, NJ
$250,000
Hudson County, NJ
$480,000
Englewood, NJ
$249,000
Passaic County, NJ
$330,000
Available Nationwide
$350,000
REAL ESTATE INCLUDED
Camden County, NJ
$850,000
Passaic County, NJ
$79,000
REAL ESTATE INCLUDED
Egg Harbor Township, NJ
$749,000
Hudson County, NJ
$149,000
Essex County, NJ
$85,000
Bergen County, NJ
$285,000
Morris County, NJ
$3,200,000
REAL ESTATE INCLUDED
Bergen County, NJ
$3,500,000
REAL ESTATE INCLUDED
Camden County, NJ
$350,000
Bergen County, NJ
$290,000
Available Nationwide
$100,000
Bergen County, NJ
$320,000
Camden County, NJ
$295,000
Atlantic County, NJ
$600,000
Old Bridge, NJ
$299,999
Edison, NJ
$1,100,000
Available Nationwide
$50,000
Palisades Park, NJ
$389,000
Camden County, NJ
$140,000
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 are able to upsell their captive audience on items like lottery tickets and beverages.
If you are looking to buy or sell a convenience store in New Jersey, it is important to have some context on pricing, valuation, and financial performance of these businesses. Below we have aggregated listing data of New Jersey convenience stores, surfaced key financial metrics, and derived valuation multiples.
Market Overview
Number of Businesses Analyzed |
24 |
Median Asking Price |
$147,250 |
Median Reported Revenue |
$399,000 |
Median Reported Earnings |
$72,500 |
Financials based on businesses that listed an asking price, annual revenue, and seller's discretionary earnings. |
New Jersey Convenience Store Business Valuation Multiples
Range |
Revenue |
Earnings (SDE) |
Lower Quartile |
0.30 |
1.54 |
Median |
0.41 |
1.88 |
Upper Quartile |
0.53 |
2.09 |
Revenue and earnings multiples based on reported revenue, seller's discretionary earnings, and asking price. |
Read the Report:
Convenience Store Business Valuation Multiples and Benchmark Report
FAQs
How much does it cost to buy a convenience store in New Jersey?
Prices vary depending on sales volume and financial performance, but the median asking price for a convenience store business in New Jersey is approximately $147,250.
How much do convenience store owners earn?
On average, convenience store owners in New Jersey report median annual sales of $399,000 and annual owner earnings of $72,500. 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. New Jersey convenience store revenue multiples typically range from 0.30 to 0.53, with the median at 0.41. Earnings multiples range from 1.54 to 2.09, with the median at 1.88. These values suggest a typical convenience store business will sell for around 0.41 times its annual revenue, and 1.88 times its annual owner’s earnings.
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