Monroe County, MI
$695,000
Monroe County, MI
$695,000
Mentone, CA
$2,750,000
Kaufman, TX
$1,690,000
Tyngsboro, MA
Detroit, MI
$750,000
Mckeesport, PA
$1,200,000
Philadelphia, PA
$359,000
Flowery Branch, GA
$6,250,000
Monmouth, NJ
Missouri
$1,150,000
Wayne County, MI
$1,900,000
Bridgeport, CT
$1,650,000
Mount Pleasant, SC
Kimball, MI
$199,000
Clinton Township, MI
$650,000
Oakland County, MI
$579,000
Scott Davis
Davis Business Consultants LLC
Serving Mclennan County, TX
Iconic is a specialized mergers and acquisitions firm dedicated to helping business owners achieve successful exits with clarity and confidence. We represent companies generating up to one hundred million dollars in annual revenue, serving diverse sectors such as healthcare, manufacturing, software, and professional services. Our model integrates experienced advisory talent with advanced software automation to deliver a seamless, high-quality experience for both sellers and buyers. By empowering our advisors, investing in technology, and maintaining an unwavering focus on results, Iconic is raising the standard of excellence in the M&A industry. At the core of this success are our brokers: entrepreneurial professionals who guide owners through one of the most important transactions of their lives. They are the face of Iconic—building trust, driving deals forward, and delivering measurable outcomes. Supported by our platform, brand, and operational infrastructure, these advisors maintain the independence to run their own practice while benefiting from the strength of a larger organization. Iconic is committed to investing in the people who drive our mission forward, because their success is the foundation of our own.
Austell, GA
$6,000,000
Federal Heights, CO
$900,000
Gaines, MI
$350,000
Wichita Falls, TX
$2,650,000
Wayne County, MI
$3,200,000
Washington, DC
District of Columbia, DC
$5,000,000
Macomb County, MI
$800,000
Williamstown, NJ
$2,300,000
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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