Philadelphia, PA
$60,000
Philadelphia, PA
$60,000
Los Angeles, CA
$398,000
Orlando, FL
$150,000
Columbia County, WI
$1,200,000
REAL ESTATE INCLUDED
Wayne County, MI
$225,000
Memphis, TN
$850,000
Seminole, FL
$200,000
REAL ESTATE INCLUDED
Oakland County, MI
$898,000
Fayetteville, NC
$799,000
Howard County, MD
$45,000
REAL ESTATE INCLUDED
Palacios, TX
$950,000
Lake Havasu City, AZ
$200,000
Baltimore County, MD
$129,000
Norfolk County, MA
$160,000
Essex County, MA
$425,000
Chicago, IL
$350,000
David Chebalo
Murphy Business & Financial Services LLC
Serving Virginia Beach County, VA
Murphy Business is one of the largest and most successful business brokers in North America with offices conveniently located throughout the United States and Canada. The Hampton Roads, Virginia (VA) office provides beneficial connections in: Virginia Beach, Norfolk, Chesapeake, Newport News, Hampton, Portsmouth, Suffolk, and Poquoson. Choosing to partner with a national business broker provides an advantageous reach of over one hundred and eighty offices that have affiliations with National and International Business Brokerage and Merger & Acquisition associations. Murphy Business Brokers provide the following unsurpassed services: Skilled intermediaries offer assistance in Mergers and Acquisitions Assisting Individuals and Companies to Buy the most suitable Business Offering Business Valuation Reports and Appraisal Reports Providing exposure to the most appropriate Franchise Opportunity Giving accurate Equipment Appraisals Selling a Business without disclosing its identity Experienced Commercial Real Estate Brokers aid in site selection. Murphy Business is one of the largest and most successful business brokers in North America with offices conveniently located throughout the United States and Canada.
Washington, DC
$330,000
Howard County, MD
$599,000
Florence, SC
$93,700
Washington, DC
$987,000
Michigan
Ventura, CA
$575,000
Washington, DC
$189,000
San Bernardino, CA
$375,000
San Lorenzo, CA
$249,000
REAL ESTATE INCLUDED
Cherry Valley, ON
$1,600,000
Glendale, AZ
$1,800,000
REAL ESTATE INCLUDED
Detroit, MI
$1,250,000
Merced County, CA
$175,000
Hodges, SC
$270,000
Detroit, MI
$698,000
$2,350,000
Dana Point, CA
$450,000
Hayward, CA
$99,000
Orlando, FL
$125,000
REAL ESTATE INCLUDED
Macomb County, MI
$1,400,000
District of Columbia, DC
$1,100,000
Hinds County, MS
$330,000
Baltimore County, MD
$1,900,000
Westchester County, NY
$600,000
Fort Bend County, TX
$80,000
Philadelphia, PA
$70,000
Howard County, MD
$175,000
Wisconsin
$1,100,000
LQ Commercial
LQ Commercial
Serving Lee County, FL
LQ Commercial Real Estate Services is a nationally renowned, Florida-based commercial real estate group of companies. We provide tenant representation, leasing, property management, facilities maintenance, sales, investments, and consulting services. We’re redefining Florida’s commercial landscape by putting clients first to recognize your unique needs, then crafting a strategy that ensure your long-term success. We embrace change, think creatively, honor commitments, sign work with pride, stay hungry, and celebrate success. Formerly LandQwest Commercial, LQ is more than a new name – we’re a marketing company who provides commercial brokerage and property management for retail, office, industrial, hospitality, land, multi-family, and special-use assets. For more information, visit LQCRE.com.
Prince George's County, MD
$400,000
Philadelphia, PA
$65,000
Pleasanton, CA
$275,000
Bexar County, TX
$130,000
Luzerne County, PA
$70,000
Bolivar County, MS
$467,000
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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