Brewster, NY
$189,000

Brewster, NY
$189,000

Suffolk County, NY
$105,000

Suffolk County, NY
$115,000

Carmel, NY
$350,000
Suffolk County, NY
$429,000
Brooklyn, NY
$585,000
Kings County, NY
$375,000
Rockland County, NY
$380,000
Suffolk County, NY
$449,000
Suffolk County, NY
$550,000
Available Nationwide
$60,000
Brooklyn, NY
$375,000
Nassau County, NY
$290,000
$1,700,000
Friendship, NY
REAL ESTATE INCLUDED
Columbia County, NY
$550,000
Bronx, NY
$450,000
Craig Stacy
Sunbelt Business Brokers of New York and Florida
Serving Queens County, NY
Sunbelt Business Brokers of New York and Tampa are a licensed business brokerage agency and an established affiliate of SUNBELT, the world's largest business brokerage firm with offices around the world and established in 1983. Sunbelt Business Brokers has a strong presence in the Florida and New York markets. Sunbelt specializes in confidentially assisting owners of privately-held companies to value, market and sell their businesses, as well as representing buyers interested in professional assistance in their business searches. SPECIALTIES: Sell Side M&A Advisory, Business Broker, Business Valuation, Business Exit Planning, Business Acquisition Financing, SBA Loans, Buy a Business, Sell a Business, Florida Businesses for Sale, IBBA CBI, Certified Main Street Business Broker, Business Brokers of Florida
Putnam County, NY
$125,000
Nassau County, NY
$275,000
Westchester County, NY
$600,000
Nassau County, NY
$990,000
Nassau County, NY
$1,750,000
Available Nationwide
$100,000
Nassau County, NY
$1,575,000
Tarrytown, NY
$200,000
$225,000
Malone, NY
Nassau County, NY
$875,000
Nassau County, NY
$850,000
Lima, NY
$992,000
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 York, it is important to have some context on pricing, valuation, and financial performance of these businesses. Below we have aggregated listing data of New York convenience stores, surfaced key financial metrics, and derived valuation multiples.
Market Overview
|
Number of Businesses Analyzed |
16 |
|
Median Asking Price |
$250,000 |
|
Median Reported Revenue |
$750,000 |
|
Median Reported Earnings |
$120,000 |
|
Financials based on businesses that listed an asking price, annual revenue, and seller's discretionary earnings. |
|
New York Convenience Store Business Valuation Multiples
|
Range |
Revenue |
Earnings (SDE) |
|
Lower Quartile |
0.27 |
1.68 |
|
Median |
0.36 |
2.44 |
|
Upper Quartile |
0.48 |
2.79 |
|
Revenue and earnings multiples based on reported revenue, seller's discretionary earnings, and asking price. |
||
Read the Report:
Convenience Store Business Valuation Multiples and Financial Benchmarks
FAQs
How much does it cost to buy a convenience store in New York?
Prices vary depending on sales volume and financial performance, but the median asking price for a convenience store business in New York is approximately $250,000.
How much do convenience store owners earn?
On average, convenience store owners in New York report median annual sales of $750,000 and annual owner earnings of $120,000. 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 York convenience store revenue multiples typically range from 0.27 to 0.48, with the median at 0.36. Earnings multiples range from 1.68 to 2.79, with the median at 2.44. These values suggest a typical convenience store business will sell for around 0.36 times its annual revenue, and 2.44 times its annual owner’s earnings.
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