Grundy County, IL
$4,500,000
Grundy County, IL
$4,500,000
McHenry County, IL
$2,900,000
DuPage County, IL
$1,900,000
Cook County, IL
$1,899,000
Kane County, IL
$1,300,000
Umatilla County, OR
$5,500,000
Titusville, FL
$125,000
Baltimore City County, MD
$400,000
Arlington, MA
$100,000
Umatilla County, OR
$4,500,000
Waukesha County, WI
$800,000
Grundy County, IL
$2,700,000
Lawrenceville, GA
$49,000
Fulton County, KY
$500,000
Graves County, KY
$1,500,000
Allen County, IN
$259,000
Chris Sater
Sunbelt Business Brokers
Serving Caddo County, LA
The Business Broker Who Gets Deals Done. No Excuses. No Delays. Just Results.
Champaign County, IL
$150,000
Fresno, CA
$220,000
Cook County, IL
$699,000
Cook County, IL
$2,200,000
Cook County, IL
$1,950,000
Saint Cloud, FL
$75,000
Fort Myers, FL
$187,000
Oakland County, MI
$1
Grant County, WA
$270,000
Grand Junction, CO
$675,000
Charleston County, SC
$170,000
REAL ESTATE INCLUDED
Benton, LA
$2,980,000
Scottsdale, AZ
$725,000
Milwaukee County, WI
$1,950,000
Morgan County, IL
$499,000
Cook County, IL
$950,000
Cook County, IL
$799,000
Cook County, IL
$2,200,000
Lincoln County, WV
$799,000
Cook County, IL
$1,700,000
Shawnee County, KS
$1,800,000
Cook County, IL
$1,599,000
Cook County, IL
$699,000
Coles County, IL
$1,250,000
Cook County, IL
$600,000
Cook County, IL
$350,000
White County, IN
$250,000
Mason County, IL
$995,000
Bob Winegar
Cobe Real Estate
Serving Maricopa County, AZ
Guiding Businesses Through Seamless Transitions
Cook County, IL
$950,000
Kankakee County, IL
$875,000
Winnebago County, IL
$475,000
Iroquois County, IL
$2,890,000
Cook County, IL
$5,950,000
Port Orange, FL
$174,999
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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