Los Angeles, CA
$100,000
Los Angeles, CA
$100,000
Fresno County, CA
$35,000
Sylmar, CA
$2,500,000
Downey, CA
$199,000
San Rafael, CA
$130,000
Contra Costa County, CA
$150,000
Los Angeles, CA
$550,000
Los Angeles, CA
$250,000
Sunset Beach, CA
$70,000
Los Angeles, CA
$695,000
San Diego, CA
$500,000
Alhambra, CA
$199,000
Rowland Heights, CA
$185,000
Sunset Beach, CA
$70,000
Santa Monica, CA
$205,000
Ventura County, CA
$299,000
Matt Mertens
Transworld Business Brokers
Serving Sacramento County, CA
Saratoga, CA
$225,000
Corona, CA
$35,000
Corona, CA
$10,000
Salinas, CA
$65,000
California
$195,000
San Francisco, CA
$175,000
Los Angeles, CA
$150,000
Woodside, CA
$115,000
Pacific Grove, CA
$175,000
Monterey Park, CA
$79,000
Los Angeles, CA
$250,000
Livermore, CA
$330,000
Cupertino, CA
$500,000
San Francisco County, CA
$159,000
Los Angeles, CA
$350,000
Los Angeles, CA
$250,000
West Hollywood, CA
$178,000
Milpitas, CA
$388,000
Culver City, CA
$129,000
Irvine, CA
$299,000
Orange County, CA
$70,000
Santa Ana, CA
$80,000
Los Angeles, CA
$250,000
Los Angeles, CA
$140,000
Salinas, CA
$180,000
Santa Cruz County, CA
$195,000
Encinitas, CA
$275,000
San Jose, CA
$175,000
Chandler J. Kelley
The Gas Broker™
Serving Orange County, CA
The Gas Broker™ is ranked #1 as California's top Sales Brokerage in Gas Station & Convenience Store Assets for 2022 & 2023 (CoStar). Specializing in the sale of gas station businesses and commercial real estate assets, our team has firmly established itself as the leading brokerage in the retail petroleum and convenience store sector. The Gas Broker™ prides itself on making intricate gas station transactions remarkably straightforward for its clients. The Gas Broker's success is driven by a team of seasoned professionals who bring a wealth of experience and expertise to the table. Their in-depth knowledge of the California market, combined with a proactive and client-centric approach, has resulted in a consistent track record of achieving top-tier results. The Gas Broker™ accommodates to the needs of both large corporations and smaller, independently owned establishments. The company's commitment to simplifying complex transactions and delivering optimal value to its clients underscores its leadership in the gas station marketplace.
Santa Clara, CA
$175,000
San Diego, CA
$475,000
San Diego, CA
$69,000
Rowland Heights, CA
$150,000
Lake Elsinore, CA
$99,999
Newark, CA
$120,000
Food and restaurant businesses are among the most common businesses bought and sold on BizBuySell. Whether you are a buyer or a seller, it is helpful to have some context on the local market. To provide that context, we have analyzed restaurant for sale listings in California and aggregated financial data to help you compare and evaluate individual restaurant businesses.
Market Snapshot
Number of Businesses Analyzed |
1,825 |
Median Asking Price |
$282,000 |
Median Reported Revenue |
$660,000 |
Median Reported Earnings |
$120,000 |
Financials based on businesses that listed an asking price, annual revenue, and seller's discretionary earnings. |
California Restaurant Valuation Multiples
Range |
Revenue |
Earnings (SDE) |
Lower Quartile |
0.29 |
1.91 |
Median |
0.42 |
2.50 |
Upper Quartile |
0.60 |
3.33 |
Revenue and earnings multiples based on reported revenue, seller's discretionary earnings, and asking price. |
Read the Report:
Restaurant Business Valuation Multiples and Financial Benchmarks
FAQs
How much does it cost to buy a restaurant in California?
The median asking price for restaurants in California is $282,000. However, prices can range significantly higher or lower depending on location, size, type, and the financial health of the business.
How much do restaurant owners earn?
The median reported discretionary earnings for restaurant businesses listed for sale in California is $120,000. Earnings can vary greatly depending on the type of restaurant, location, management efficiency, and market demand.
How are restaurants in California valued?
Most business owners (and buyers) will start by applying earnings and revenue multiples to the businesses reported financials. This way buyers and sellers can gauge the value of a restaurant business relative to its peers in the market.
Based on our most recent analysis of California restaurant business listings, revenue multiples range from 0.29 to 0.60, with the median at 0.42. Earnings multiples range from 1.91 to 3.33, with the median at 2.50. This means restaurants in California are valued, on average, around 0.42 times annual revenue, and/or 2.50 times annual owner earnings.
On average, businesses sell for about 80-90% of asking price, so valuation multiples based on active listings tend to be higher than closed sale multiples.
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