Los Angeles, CA
$1,090,000
Los Angeles, CA
$1,090,000
Bakersfield, CA
$8,500,000
Pomona, CA
Not Disclosed
Inglewood, CA
$2,790,000
California
$1,500,000
Fillmore, CA
$5,799,000
Blythe, CA
$4,500,000
Union City, CA
$1,000,000
Downey, CA
$1,900,000
Stockton, CA
Not Disclosed
Stockton, CA
Not Disclosed
Exeter, CA
$2,100,000
Hermosa Beach, CA
Not Disclosed
Los Angeles, CA
$1,290,000
Fresno, CA
$1,939,000
Kings County, CA
$18,000,000
Tyler Evans
So-Cal Business Brokers
Serving Los Angeles County, CA
Seller Representation Only! We represent sellers, not buyers, and have been doing it for over 30 years and have an outstanding 90+% Success Rate! We encourage you to spend time on our website ( www.so-calbusinessbrokers.com ) as it is our means of sharing a lot of vital information that can help you avoid mistakes and maximize your transaction. At a minimum, view and understand The Best Possible Transaction and The Sales Process and you will know more than 90% of the people who want to sell their businesses and a lot more than most business brokers. We concentrate our coverage in Southern California with a major emphasis on Orange County, San Diego County and Los Angeles County and we do not charge an ‘up-front’ fee. Many in this industry charge for valuations, industry reviews, ‘packaging’, expenses, etc. and our sole compensation is a Success Fee that is paid when your transaction closes —- in essence, we only get paid when you get paid and if we can’t sell your business at a price and upon terms acceptable to you, then you do not owe us a dime!
San Bernardino, CA
$3,750,000
San Bernardino, CA
$8,990,000
Los Angeles, CA
$1,200,000
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 California, it is important to have some context on pricing, valuation, and financial performance of these businesses. Below we have aggregated listing data of California convenience stores, surfaced key financial metrics, and derived valuation multiples.
Market Overview
|
Number of Businesses Analyzed |
54 |
|
Median Asking Price |
$316,250 |
|
Median Reported Revenue |
$570,000 |
|
Median Reported Earnings |
$124,620 |
|
Financials based on businesses that listed an asking price, annual revenue, and seller's discretionary earnings. |
|
California Convenience Store Business Valuation Multiples
|
Range |
Revenue |
Earnings (SDE) |
|
Lower Quartile |
0.29 |
1.97 |
|
Median |
0.46 |
2.85 |
|
Upper Quartile |
0.58 |
3.54 |
|
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 California?
Prices vary depending on sales volume and financial performance, but the median asking price for a convenience store business in California is approximately $316,250.
How much do convenience store owners earn?
On average, convenience store owners in California report median annual sales of $570,000 and annual owner earnings of $124,620. 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. California convenience store revenue multiples typically range from 0.29 to 0.58, with the median at 0.46. Earnings multiples range from 1.97 to 3.54, with the median at 2.85. These values suggest a typical convenience store business will sell for around 0.46 times its annual revenue, and 2.85 times its annual owner’s earnings.
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