REAL ESTATE INCLUDED
Detroit, MI
$1,200,000
REAL ESTATE INCLUDED
Detroit, MI
$1,200,000
REAL ESTATE INCLUDED
Wayne County, MI
$1,798,000
Bronx, NY
$450,000
REAL ESTATE INCLUDED
Lanett, AL
$2,200,000
Augusta, IL
$149,000
Hanford, CA
$599,000
REAL ESTATE INCLUDED
Detroit, MI
$1,100,000
Detroit, MI
$798,000
REAL ESTATE INCLUDED
Oregon
$221,000
Howard County, MD
$100,000
REAL ESTATE INCLUDED
Detroit, MI
$1,398,000
Littleton, CO
$150,000
REAL ESTATE INCLUDED
Birmingham, AL
$2,990,000
Amelia, OH
$99,900
Milwaukee, WI
$299,985
REAL ESTATE INCLUDED
Elizabeth City, NC
$745,000
Scott Kranz
First Choice Business Brokers
Serving Minnehaha County, SD
First Choice Business Brokers is one of the largest business sales organizations and has reached over $8 billion dollars of business transactions. We are the premier business brokerage in the industry for buyers and sellers. We list businesses on several national websites as well as micro sites, and work diligently to secure the most value for a business.
Phoenix, AZ
$1,550,000
Oakland County, MI
$150,000
Lakewood, CO
$450,000
Saint Louis, MO
$250,000
REAL ESTATE INCLUDED
Hickory, NC
$1,099,000
Cameron County, TX
$457,000
Barron County, WI
$6,000,000
Morgan County, AL
$49,900
REAL ESTATE INCLUDED
Detroit, MI
$1,250,000
Milwaukee County, WI
$650,000
Sandy Spring, MD
$270,000
Hudson County, NJ
$149,000
REAL ESTATE INCLUDED
Monroe County, MI
$600,000
Shelby County, TN
$175,000
Finney County, KS
$110,000
Berks County, PA
$249,000
Carrollton, TX
$750,000
Hollywood, FL
$252,000
Tonopah, NV
$100,000
Hialeah, FL
$585,000
Rancho Cucamonga, CA
$500,000
New Mexico
Cash Flow: $492,000
Essex County, NJ
$85,000
Dallas, TX
$160,000
Dallas, TX
$275,000
Allen, TX
$125,000
Collin County, TX
$499,000
Johnson County, KS
$225,000
Michael Perry
Renaissance Realty
Serving Pinellas County, FL
"One Stop Shop for Hospitality."
Putnam County, NY
$125,000
Sun City, AZ
$300,000
Bergen County, NJ
$285,000
Lyerly, GA
$599,000
Camden, SC
$35,000
North Olmsted, OH
$259,000
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 can upsell their captive audience on items like lottery tickets and beverages.
If you are looking to buy or sell a convenience store, it is important to have some context on pricing, valuation, and financial performance of these businesses. Below we have aggregated listing data of convenience stores, surfaced key financial metrics, and derived valuation multiples.
Market Overview
Number of Businesses Analyzed |
375 |
Median Asking Price |
$260,000 |
Median Reported Revenue |
$620,400 |
Median Reported Earnings |
$126,546 |
Financials based on businesses that listed an asking price, annual revenue, and seller's discretionary earnings. |
Convenience Store Business Valuation Multiples
Range |
Revenue |
Earnings (SDE) |
Lower Quartile |
0.27 |
1.52 |
Median |
0.43 |
2.20 |
Upper Quartile |
0.64 |
3.27 |
Revenue and earnings multiples based on reported revenue, seller's discretionary earnings, and asking price. |
Read the Report:
Convenience Store Business Valuation Benchmarks
FAQs
How much does it cost to buy a convenience store?
Prices vary depending on sales volume and financial performance, but the median asking price for a convenience store business in the U.S. is approximately $260,000.
How much do convenience store owners earn?
On average, convenience store owners report median annual sales of $620,400 and annual owner earnings of $126,546. 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. Convenience store revenue multiples typically range from 0.27 to 0.64, with the median at 0.43. Earnings multiples range from 1.52 to 3.27, with the median at 2.20. These values suggest a typical convenience store business will sell for around 0.43 times its annual revenue, and 2.2 times its annual owner’s earnings.
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