Sarasota County, FL
$399,000
Sarasota County, FL
$399,000

REAL ESTATE INCLUDED
Wayne County, MI
$1,198,000
Tennessee
$947,700

Mentone, CA
$135,000
Palm Bay, FL
$1,400,000
Bureau County, IL
$140,000
Lithonia, GA
$149,000
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
Randy Sokol
Sokol Realty License #20174004026
Serving Franklin County, OH
Randy Sokol - Restaurant Industry Advocate. Randy Sokol owns Sokol Realty and Sokol & Associates specializing in selling restaurants, bars, pizza shops, and all hospitality related businesses. Randy grew up working in his family’s chain restaurants, for over 40 years, eventually becoming the Owner and President. He has been buying and selling restaurants for over 15 years and during that time he has brokered over 150 hospitality business deals and over 50 liquor permit deals. In that time, he has been able to build up a wealth of knowledge and experience in what makes a good location and how to negotiate the best possible lease on behalf of his clients. He knows what is important on a lease to protect your business, because he’s been there. His goal is always to make sure that his clients are getting exactly what they need, whether buying or selling, from their space so they can focus on running their business. Randy is also a member of several civic organizations, and has served on numerous boards and committees in the Columbus area, including the Ohio Restaurant Association, Children's Hospital Development Board, National Federation of Independent Businesses (NFIB), and Food Truck Advisory Board for the city of Columbus. He has worked with City Council members to create laws that support businesses like yours. Being involved with these organizations, and city politics allow him to keep abreast of current trends in real estate, which helps him stay informed about changing needs for new businesses looking for locations in Columbus and beyond, as well as use his resources on his client’s behalf. If you're looking for someone who will be straight forward in their dealings with you, be responsive in a timely manner, and always have your best interests at heart, then call Randy Sokol today.
REAL ESTATE INCLUDED
Birmingham, AL
$2,990,000
Amelia, OH
$99,900
Milwaukee, WI
$299,985
REAL ESTATE INCLUDED
Elizabeth City, NC
$745,000
Oakland County, MI
$150,000
Lakewood, CO
$450,000
Saint Louis, MO
$250,000
Cameron County, TX
$457,000
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
Torrance, CA
$250,000
Shelby County, TN
$175,000
Finney County, KS
$100,000
Berks County, PA
$249,000
Carrollton, TX
$750,000
Hollywood, FL
$252,000
Hialeah, FL
$585,000
New Mexico
Not Disclosed
Cash Flow: $492,000
Dallas, TX
$160,000
Dallas, TX
$275,000
Allen, TX
$125,000
Collin County, TX
$499,000
Johnson County, KS
$225,000
Putnam County, NY
$125,000
Thomas Varga
Kreshmore Group
Serving Cook County, IL
Kreshmore Group (KG), started operations in 2009 through its predecessors and grown to become Chicago’s preeminent restructuring and M&A advisory company. The firm serves myriad niche industries while focusing on lower-middle & mid-market companies within the continental United States. KG assists clients in restructures/turnarounds, workouts, recapitalizations, mergers, acquisitions, preparing companies to sell, senior and subordinated debt structuring, c-suite advisory, outsourced analytics and modeling, and solving complex financial problems with unique solutions. Headquartered in Lemont, Illinois, KG is known within the Chicagoland area as a tenacious and hyper-focused strategic consulting firm. Kreshmore Group consists of a creative, cohesive and diverse team with over 175 years of combined relevant experience.
Sun City, AZ
$300,000
Bergen County, NJ
$285,000
Camden, SC
$1
North Olmsted, OH
$259,000
REAL ESTATE INCLUDED
Stanislaus County, CA
$800,000
REAL ESTATE INCLUDED
Minnesota
$650,000
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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