Berks County, PA
$180,000

Berks County, PA
$180,000

Miami, FL
$225,000

Tampa, FL
$250,000

Fort Lauderdale, FL
$225,000
Pinellas County, FL
$515,000
Beaufort County, SC
$20,000
Kent County, MI
$100,000
Volusia County, FL
$325,000
Palm Beach County, FL
$225,000
Pinellas County, FL
$525,000
Morristown, NJ
$1,000,000
Wesley Chapel, FL
$325,000
Malvern, PA
$609,000
Darby, PA
$295,000
Alhambra, CA
$95,000
West New York, NJ
$425,000
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.
Westfield, IN
$55,000
Camden County, NJ
$175,000
Berkeley Township, NJ
$350,000
Bellmawr, NJ
$175,000
Lyndhurst, NJ
$115,000
Broward County, FL
$549,999
Lindenwold, NJ
$160,000
Anaheim, CA
$299,000
Kearny, NJ
$180,000
Summit, NJ
$499,000
Brighton, MI
$350,000
Sterling Heights, MI
$475,000
Grosse Pointe, MI
$74,500
St Lucie County, FL
$359,000
Framingham, MA
Not Disclosed
Norwood, MA
$125,000
Monterey, CA
$800,000
Morris County, NJ
$220,000
Chester, PA
$295,000
Glendale, AZ
$200,000
Lodi, NJ
$399,999
West Orange, NJ
$500,000
Monroe County, MI
$300,000
Cambridge, MA
$75,000
Detroit, MI
$60,000
Mays Landing, NJ
$125,000
District of Columbia, DC
$75,000
Woodland Park, NJ
$450,000
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.
Genesee County, MI
$375,000
Clark County, NV
$69,000
Egg Harbor Township, NJ
$175,000
Mays Landing, NJ
$175,000
Clermont, FL
$315,000
Orange County, FL
$615,000
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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