Dundalk, MD
$849,000
Dundalk, MD
$849,000
Nashville, TN
$299,900
Blythe, CA
$4,500,000
Union City, CA
$1,000,000
Downey, CA
$1,900,000
Stockton, CA
Stockton, CA
Virgin, UT
$7,000,000
Marysville, WA
$3,895,000
West Hartford, CT
$998,700
Exeter, CA
$2,100,000
Baltimore, MD
$265,000
Midland, MI
$459,900
Ada County, ID
$3,000,000
Calhoun, GA
Calhoun, GA
$899,000
John P. Lastra
Colliers International
Serving Bernalillo County, NM
Colliers | New Mexico is dedicated to excellence in providing a full range commercial brokerage firm. We offer expertise in the full spectrum of transaction services, specializing in office, investment, industrial, retail, land, and multi-family properties. Colliers | New Mexico is an Accredited Management Organization (AMO) providing comprehensive property management services for all types of real estate properties. Our business brokerage division offers benefits to both sellers and buyers of businesses, handling all aspects of the transaction, including real estate. Colliers | New Mexico Business Brokerage utilizes a extensive network of support staff for advertising and marketing businesses across the state and nation.
Flagstaff, AZ
$600,000
Dexter, ME
$320,000
Cleveland, OH
Pine Bluff, AR
$800,000
North Little Rock, AR
Kankakee County, IL
$499,900
Fayette County, TX
$2,500,000
Tipton County, TN
$3,200,000
Navarro County, TX
$2,200,000
Dallas, TX
$799,000
Nicholasville, KY
$825,000
Roopville, GA
$850,000
Lancaster, SC
$1,200,000
Hermosa Beach, CA
Snohomish County, WA
$2,800,000
Grays Harbor County, WA
$5,100,000
Los Angeles, CA
$1,290,000
Nassau County, NY
$1,750,000
Tulare County, CA
$1,650,000
Nassau County, NY
$1,575,000
Spokane, WA
$1,600,000
Chicago, IL
$3,500,000
Nolan County, TX
$1,000,000
Bay City, TX
$258,000
Portsmouth, VA
$1,100,000
Jefferson County, OR
$4,200,000
Thurston County, WA
$9,200,000
Pasadena, TX
$1,500,000
Tony Pompeo
Sunbelt of Greater Boston
Serving Suffolk County, MA
Sunbelt Business Brokers advises business owners on the process of confidentially selling their business or acquiring another business. We match sellers with the right qualified buyers and surround them with high level legal and financial advisors to guide the transaction.
Lake County, IL
$799,000
Fillmore, CA
$4,999,000
Delaware County, IN
Hebo, OR
$599,000
Wayne County, MI
$780,000
Jackson, MS
$749,000
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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