Houston, TX
$350,000
Houston, TX
$350,000
Wilkes Barre, PA
$190,000
REAL ESTATE INCLUDED
Helen, GA
$1,400,000
Nacogdoches County, TX
$197,700
Sandy Springs, GA
$670,000
Eastland County, TX
$297,700
Dallas, TX
$99,000
Dallas, TX
$335,000
Calhoun, GA
$359,000
Milwaukee, WI
$1,000,000
Tarrant County, TX
$450,000
Michigan
$59,900
Brooklyn, NY
$1,850,000
Buckeye, AZ
$2,000,000
Warwick, RI
$4,420,000
Manistee, MI
$399,000
Dan Bauer
Murphy Business & Financial Corporation
Serving Hennepin County, MN
Murphy Business and Financial Corporation is one of the largest and most trusted business brokerage firms in North America. Patrick is owner of Murphy Business of Minnesota, LLC
Anaheim, CA
$199,000
REAL ESTATE INCLUDED
Oakland County, MI
$999,000
Los Angeles, CA
$289,000
Vermont, CA
$289,000
Sedgwick County, KS
$125,000
Rego Park, NY
$395,000
Chester, PA
$650,000
Santa Barbara, CA
$349,000
Alameda County, CA
$1,900,000
Silver Spring, MD
$850,000
REAL ESTATE INCLUDED
Perry County, TN
$589,999
Baltimore City County, MD
$199,000
Rockford, IL
$700,000
Broward County, FL
$1,000,000
Hudson County, NJ
$320,000
REAL ESTATE INCLUDED
Peachtree City, GA
$6,700,000
Littleton, CO
$1,300,000
REAL ESTATE INCLUDED
Wayne County, MI
$225,000
Bergen County, NJ
$425,000
Columbus, GA
$2,100,000
REAL ESTATE INCLUDED
Oakland County, MI
$898,000
Baltimore, MD
$8,450,000
Boston, MA
$249,999
Boston, MA
$3,750,000
Chicago, IL
$350,000
District of Columbia, DC
$550,000
Great Barrington, MA
$375,000
Philadelphia, PA
$990,000
Joseph Sclafani
Joyce Realty
Serving Rockland County, NY
JOYCE REALTY HAS BEEN IN BUSINESS SELLING ALL TYPES OF REAL ESTATE FOR 25 YEARS
Georgia
$8,500,000
Washington, DC
$850,000
Florence, SC
$93,700
Washington, DC
$987,000
Philadelphia, PA
$310,000
Malvern, PA
$699,000
Liquor stores are a staple business in most communities, providing customers with a variety of alcoholic beverages that are always in demand. Among retail businesses, liquor stores are an often overlooked but consistently performing option.
If you are looking to buy or sell a liquor store business, it helps to have some context on the market, and to understand how these types of businesses are valued. Below, we have aggregated financial data from current and recent listings to provide some benchmarks on valuation and performance of liquor store businesses. All data is based on broker and business owner provided financial information.
Market Overview
Number of Businesses Analyzed |
852 |
Median Asking Price |
$474,500 |
Median Reported Revenue |
$943,000 |
Median Reported Earnings |
$150,000 |
Financials based on businesses that listed an asking price, annual revenue, and seller's discretionary earnings. |
Liquor Store Business Valuation Multiples
Range |
Revenue |
Earnings (SDE) |
Lower Quartile |
0.36 |
2.25 |
Median |
0.52 |
3.05 |
Upper Quartile |
0.77 |
4.00 |
Revenue and earnings multiples based on reported revenue, seller's discretionary earnings, and asking price. |
Read the Report:
Liquor Store Business Valuation Multiples & Financial Benchmarks
FAQs
How much does it cost to buy a liquor store?
The median asking price for a liquor store is approximately $474,500. However, this can vary significantly depending on the size, location, and financial performance of the store.
How much do liquor store owners earn?
On average, liquor store owners report median annual sales of $943,000 and annual owner earnings of $150,000. These figures are based on businesses that have listed their annual revenue and seller's discretionary earnings.
How do I value a liquor store business?
Valuing a liquor store business involves considering several factors, including annual revenue, profit margins, and market conditions. Brokers, business owners, and business buyers will typically rely on valuation multiples to gauge business value relative to similar businesses in the market. Liquor store revenue/sales multiples typically range from 0.36 to 0.77, with the median at 0.52. Earnings multiples range from 2.25 to 4.00, with the median at 3.05. These values suggest a typical liquor store business will sell for around 0.52 times its annual revenue, and 3.05 times its annual owner’s earnings.
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