Kenosha County, WI
$2,200,000
Kenosha County, WI
$2,200,000
Georgia
Not Disclosed
Volusia County, FL
$2,200,000
Calhoun, GA
Not Disclosed
Calhoun, GA
$899,000
Philadelphia, PA
$560,000
Allenton, WI
Not Disclosed
Fillmore, CA
$5,799,000
Marion County, OH
$400,000
Vaiden, MS
$749,000
Volusia County, FL
$1,200,000
Belvidere, IL
$860,000
Marlow, OK
$650,000
Cook County, IL
$6,900,000
Lumpkin, GA
$850,000
Blythe, CA
$4,500,000
Conrad and Carrie Topacio
Vantage Commercial Partners
Serving King County, WA
Vantage Commercial Partners, Carrie and Conrad Topacio, are a full-service Commercial Real Estate team with extensive experience in Business Acquisitions, Sales, Commercial Property Investments, Leasing, working with EB2 and EB5 Visas. Our philosophy is to go above and beyond the expectations of clients by providing a variety of unique services from transaction negotiation, landlord lease negotiations, business appraisals, helping secure a lender, help with attaining licenses and permits, interfacing with the liquor control board or the gambling commission. Carrie and Conrad have over twenty years of experience of working together. Their goal is to make you feel comfortable and to make your dreams a reality.
Union City, CA
$1,000,000
Downey, CA
$1,900,000
Stockton, CA
Not Disclosed
Stockton, CA
Not Disclosed
Marysville, WA
$3,895,000
West Hartford, CT
$998,700
Exeter, CA
$2,100,000
Midland, MI
$459,900
Ada County, ID
$3,000,000
Flagstaff, AZ
$600,000
Dexter, ME
$320,000
Cleveland, OH
Not Disclosed
North Little Rock, AR
Not Disclosed
Kankakee County, IL
$499,900
Fayette County, TX
$2,500,000
Nicholasville, KY
$825,000
Roopville, GA
$850,000
Lancaster, SC
$1,200,000
Hermosa Beach, CA
Not Disclosed
Snohomish County, WA
$2,800,000
Grays Harbor County, WA
$5,100,000
Los Angeles, CA
$1,290,000
Nassau County, NY
$1,750,000
Rockaway Beach, OR
$415,000
Nassau County, NY
$1,575,000
Spokane, WA
$1,600,000
Chicago, IL
$3,500,000
Nolan County, TX
$1,000,000
Daniel Lannon RPh
Pharmacy Consulting Broker Services
Serving Washington County, MN
After graduating from the University of Minnesota College of Pharmacy, Dan Lannon became a pharmacy owner at the age of 25. During his career as a pharmacist, Dan started, owned, or operated 11 independent retail pharmacies until selling his last store in 2007. Dan became a licensed business broker in 2008. He has personally sold more than 200 pharmacies all across the United States. Dan is a fully licensed and insured business broker and is the Senior Pharmacy Consultant and Senior Pharmacy Broker for Pharmacy Consulting Broker Services. Dan’s strengths are in his firsthand knowledge of the pharmacy industry, his proven marketing programs, his highly effective negotiating skills, and his great attention to detail. Having been on each side of the negotiating table, both as a pharmacy owner and a pharmacy consultant and broker, Dan has proven to be an invaluable asset when you decide to buy or sell a pharmacy.
Bay City, TX
$258,000
Jefferson County, OR
$4,200,000
Pasadena, TX
$1,800,000
Lake County, IL
$799,000
Hebo, OR
$599,000
Wayne County, MI
$780,000
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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