Jacksonville, FL
$1,745,000

Jacksonville, FL
$1,745,000
Nassau County, NY
$875,000
Nassau County, NY
$850,000

Atlanta, GA
$1,490,000
Saint Paul, MN
$3,250,000
Walla Walla, WA
$1,500,000
Sheridan, OR
$450,000
Bibb County, GA
$1,590,000
Queenstown, MD
Not Disclosed
Eastpointe, MI
$999,999
Las Vegas, NV
$1,875,000
Cook County, IL
$2,700,000
Rock County, WI
$750,000
Arkansas County, AR
$750,000
Tyngsboro, MA
Not Disclosed
Cook County, IL
$2,300,000
Eric Johnson
First Choice Business Brokers-SF Bay
Serving Santa Clara County, CA
As a Franchisee/Broker at First Choice Business Brokers, I help Main Street to Lower-Middle-Market businesses with proven business models and cash flow find strategic exits. I have been active in starting, scaling, and exiting businesses for over 3 decades having successfully facilitated deals across various sectors, including technology, transportation, manufacturing, retail, and franchise sales. First Choice Business Brokers is a Nationwide organization active since 1995 in over 100 markets. We have completed over $12.5 billion in business sales and are ranked as one of the best and fastest growing companies in our segment. Our reach is unprecedented and our agents are the best trained in the business.
Baltimore, MD
$500,000
Johnston, SC
$249,000
Houston, TX
$1,650,000
Tulsa, OK
$1,350,000
Chicago, IL
$6,700,000
Kane County, IL
$1,500,000
Tyler, TX
$2,450,000
Doswell, VA
$700,000
Fresno, CA
$1,939,000
Kings County, CA
$18,000,000
Craig County, OK
$1,350,000
Dallas County, TX
$1,400,000
San Bernardino, CA
$3,750,000
Bridgeport, CT
$1,650,000
Dallas, TX
$850,000
Oregon
$895,000
Oklahoma City, OK
$2,100,000
Daytona Beach, FL
$2,200,000
San Bernardino, CA
$8,990,000
Rose Bud, AR
$275,000
Daytona Beach, FL
$450,000
Los Angeles, CA
$1,200,000
Monroe County, PA
$1,400,000
Deer Park, TX
Not Disclosed
Mead, CO
$5,500,000
Aurora, CO
$4,500,000
Lima, NY
$992,000
Hemingway, SC
Not Disclosed
Michael Canales
First Choice Business Brokers
Serving Orange County, FL
Douglasville, GA
$799,000
Georgetown, SC
$425,000
Dallas County, TX
$2,990,000
Macomb County, MI
$800,000
Altus, OK
$550,000
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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