Tempe, AZ
$175,000

Tempe, AZ
$175,000

Jackson County, MI
$1,500,000

Hialeah Gardens, FL
$175,000

Mesa, AZ
$2,600,000
Sandusky County, OH
$210,000
New Jersey
$1,000,000
Winter Springs, FL
$300,000
Peoria County, IL
$450,000
REAL ESTATE INCLUDED
Snohomish County, WA
$6,550,000
Florida
$599,000
Winter Springs, FL
$300,000
REAL ESTATE INCLUDED
Oakland County, MI
$1,498,000
Crescent City, CA
$3,200,000
Washington
$3,200,000
REAL ESTATE INCLUDED
Tacoma, WA
$9,800,000
Roberta, GA
$2,400,000
Brannon Poe
Poe Group Advisors
Serving Charleston County, SC
Poe Group Advisors is the premier accounting practice intermediary firm in the accounting industry. With practices located throughout the U.S. and Canada, our company is known for our seamless process as well as our efficient and diligent approach to facilitating the buying and selling of CPA firms. Armed with a passion for people and unmatched expertise, our team of experts has a deep knowledge of accounting industry and an intense focus on maximizing value or minimizing risk.
Collin County, TX
$750,000
REAL ESTATE INCLUDED
San Diego County, CA
$395,000
San Diego, CA
$590,000
San Diego, CA
$499,000
Los Angeles, CA
$1,025,000
Butler, PA
$250,000
Prince George's County, MD
$499,000
REAL ESTATE INCLUDED
Garland County, AR
$750,000
Pinellas County, FL
$170,000
Peoria County, IL
$130,000
Franklin County, OH
$1,200,000
REAL ESTATE INCLUDED
Geauga County, OH
$800,000
REAL ESTATE INCLUDED
Washington County, PA
$1,375,000
REAL ESTATE INCLUDED
Tate County, MS
$3,100,000
Brown County, WI
$1,200,000
Brown County, WI
$2,500,000
Rock County, WI
$975,000
Sauk County, WI
$1,200,000
Outagamie County, WI
$1,850,000
Black Hawk County, IA
$350,000
Linn County, IA
$1,200,000
Polk County, IA
$1,375,000
Palo Alto County, IA
$2,350,000
Woodbury County, IA
$1,995,000
Milwaukee County, WI
$1,500,000
Tempe, AZ
$370,000
Englewood, OH
$233,536
Lake Havasu City, AZ
$175,000
Michael Wilmore
Capital Area Business Brokerage
Serving Loudoun County, VA
Mayfield, KY
$1,800,000
REAL ESTATE INCLUDED
Pierce County, WA
$2,800,000
Pinellas County, FL
$65,000
Loganville, GA
$150,000
Milwaukee County, WI
$1,675,000
Dolton, IL
$310,000
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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