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Marion County, IL

REAL ESTATE INCLUDED
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Steven Denny
Innovative Business Advisors, LLC
Serving Madison County, IL
IBA is dedicated to helping Main Street business owners succeed and be able to pass-on their success. All of our personnel are seasoned professionals with significant experience leading large organizations. We focus our efforts on Main Street business owners generating sales volume of $1-25 million annually who often are "technical experts" in their field but lack the resources and knowledge that larger organizations take for granted. IBA facilitates learning that focuses on growth and building value so that business owners can enjoy more time and profits from their business. Schedule a confidential discussion with us today.
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Cook County, IL
| Market Overview | Listings for Sale (Median) | Total Illinois Market (Average) |
|---|---|---|
| Number of Businesses Analyzed | 17 | 1,139 |
| Asking Price | $299,000 | - |
| Reported Revenue | $600,000 | $2,549,469 |
| Reported Seller's Discretionary Earnings | $108,000 | $57,589 |
Asking Price
| Lower Quartile | Median | Upper Quartile |
|---|---|---|
| $100,000 | $299,000 | $850,000 |
Market Financial Highlights
The financial data presented here is an aggregation of reported revenue and earnings of Convenience Stores for sale in Illinois.
| Bound | Revenue | Seller’s Discretionary Earnings |
|---|---|---|
| Lower Quartile | $418,000 | $82,750 |
| Median | $600,000 | $108,000 |
| Upper Quartile | $2,000,000 | $285,000 |
Valuation Multiples
The valuation multiples listed below are derived from asking price, revenue, and seller's discretionary earnings of Convenience Stores listed for sale in Illinois.
| Bound | Revenue Multiple | Earnings Multiple |
|---|---|---|
| Lower Quartile | 0.16 | 1.16 |
| Median | 0.53 | 2.07 |
| Upper Quartile | 0.87 | 2.93 |
FAQ's
How much does it cost to buy a Convenience Store in Illinois?
The median asking price for an established Convenience Store in Illinois is $299,000, though prices range from under $100,000 to well over $850,000.
How much do Convenience Stores owners in Illinois earn?
The median reported revenue of Convenience Stores in Illinois is $600,000 and owners earn a median of $108,000, which includes the owners salary and any other financial benefits they receive.
How do I value a Convenience Store?
Valuing a business is a complex process, but buyers and sellers often turn to the local market to understand how businesses are priced. Based on our most recent analysis of Convenience Stores in Illinois, revenue multiples range from 0.16 to 0.87, with a median of 0.53. Earning multiples range from 1.16 to 2.93, with the median at 2.07. This means the typical Convenience Store in Illinois may ask for around 0.53 times its annual revenue, and 2.07 times its annual owner earnings.
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