Cumberland County, NJ
Convenience Stores For Sale

Somerset County, NJ

Wildwood, GA
Myrtle Beach, SC
REAL ESTATE INCLUDED
Bloomington, IL
Waverly, AL
San Bernardino County, CA
Hesperia, CA
REAL ESTATE INCLUDED
Pierce County, WA
West Miami, FL
Dearborn, MI
Harrisburg, IL
Harrisburg, IL
Kissimmee, FL
REAL ESTATE INCLUDED
Delaware County, IN
Yakima County, WA
Bethany MacLean
Cynergy Consulting Services, Inc.
Serving Erie County, NY
Trust in our brokerage expertise to navigate the complexities of selling a medical practice. We have successfully brokered the sale and transition of over 2000 medical practices, making us the go-to choice for providers seeking top-notch service. Did you know there are strategic steps you can take to significantly increase the value of your practice before listing it for sale? Most providers are unaware of these opportunities. At Cynergy Consulting, we know the secrets to enhancing your practice’s worth, ensuring you get the most from your sale. Our comprehensive Intermediary Services (practice brokerage and sale), as part of a physician’s exit strategy, allow doctors in solo or group practice to convert the hard-won equity in their practices into liquidity, which can then be diversified for purposes of retirement or investment. Most physicians choose to stay with their practice under a negotiated employment contract for a number of years after sale. All physicians over age fifty-five (55) should have an exit strategy to ensure that they can capture the full value of their medical practice before they begin to “wind down”. Our staff has facilitated the sale of hundreds of medical practices over the last forty years in all fifty (50) states.
Yakima County, WA
Bellflower, CA
Los Angeles, CA
Fontana, CA
Seattle, WA
Kirkland, WA
Corpus Christi, TX
Suffolk County, NY
Sunrise, FL
REAL ESTATE INCLUDED
Stockton, CA
San Francisco, CA
Los Angeles County, CA
Columbia, SC
Des Plaines, IL
Champaign County, IL
Mercer County, NJ
Lexington, SC
Hanover Park, IL
Contra Costa County, CA
Cleveland, OH
Houston, TX
REAL ESTATE INCLUDED
Orlando, FL
Skagit County, WA
Nassau County, NY
Baltimore County, MD
Yuba City, CA
Roswell, GA
Lowell, MA
Christopher C. Close
Close-Converse Commercial Properties
Serving Crow Wing County, MN
Palisades Park, NJ
New Jersey
Beaufort County, SC
Bristol County, MA
Hialeah, FL
Cook County, IL
| Market Overview | Listings for Sale (Median) | Total Market (Average) |
|---|---|---|
| Number of Businesses Analyzed | 545 | 34,092 |
| Asking Price | $350,000 | - |
| Reported Revenue | $840,000 | $2,080,028 |
| Reported Seller's Discretionary Earnings | $139,000 | $41,601 |
Asking Price
| Lower Quartile | Median | Upper Quartile |
|---|---|---|
| $190,000 | $350,000 | $700,000 |
Market Financial Highlights
The financial data presented here is an aggregation of reported revenue and earnings of Convenience Stores for sale.
| Bound | Revenue | Seller’s Discretionary Earnings |
|---|---|---|
| Lower Quartile | $480,000 | $90,720 |
| Median | $840,000 | $139,000 |
| Upper Quartile | $1,738,357 | $228,368 |
Valuation Multiples
The valuation multiples listed below are derived from asking price, revenue, and seller's discretionary earnings of Convenience Stores listed for sale.
| Bound | Revenue Multiple | Earnings Multiple |
|---|---|---|
| Lower Quartile | 0.26 | 1.66 |
| Median | 0.46 | 2.55 |
| Upper Quartile | 0.74 | 3.72 |
FAQ's
How much does it cost to buy a Convenience Store?
The median asking price for an established Convenience Store is $350,000, though prices range from under $190,000 to well over $700,000.
How much do Convenience Stores owners earn?
The median reported revenue of Convenience Stores is $840,000 and owners earn a median of $139,000, 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, revenue multiples range from 0.26 to 0.74, with a median of 0.46. Earning multiples range from 1.66 to 3.72, with the median at 2.55. This means the typical Convenience Store may ask for around 0.46 times its annual revenue, and 2.55 times its annual owner earnings.
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