Genesee County, MI
Liquor Stores For Sale in Michigan


Livingston County, MI

Ingham County, MI

Oakland County, MI
Detroit, MI
Berrien County, MI
Macomb County, MI
Oakland County, MI
Wayne County, MI
Tuscola County, MI
Kent County, MI
Kent County, MI
Brighton, MI
Sterling Heights, MI
Monroe County, MI
Detroit, MI
Eric Iffland
First Choice Business Brokers - Toledo #242
Serving Lenawee County, MI
Since our founding in 1994, First Choice Business Brokers has grown to become one of the nation's most trusted business sales specialists. We have listed and managed the sale of over $7.5 billion in successful business transactions. First Choice Business Brokers provides you with the benefits that only come from experience and years of proven, tested results. Our goal is to give you the kind of foundation you need to make strong business decisions and plan your exit strategy. We are a business brokerage firm, specializing in the sale and purchase of small to medium size main street businesses and commercial properties. Our Toledo office is led by President/Owner Eric Iffland an industry veteran with 35+ years of experience in sales, marketing, and business ownership.
Genesee County, MI
Melvindale, MI
Redford Twp, MI
Kimball, MI
Macomb County, MI
| Market Overview | Listings for Sale (Median) | Total Michigan Market (Average) |
|---|---|---|
| Number of Businesses Analyzed | 10 | 948 |
| Asking Price | $1,273,500 | - |
| Reported Revenue | $1,661,866 | $2,228,879 |
| Reported Seller's Discretionary Earnings | $296,527 | $87,030 |
Asking Price
| Lower Quartile | Median | Upper Quartile |
|---|---|---|
| $327,500 | $1,273,500 | $1,530,000 |
Market Financial Highlights
The financial data presented here is an aggregation of reported revenue and earnings of Liquor Stores for sale in Michigan.
| Bound | Revenue | Seller’s Discretionary Earnings |
|---|---|---|
| Lower Quartile | $916,539 | $190,402 |
| Median | $1,661,866 | $296,527 |
| Upper Quartile | $2,487,693 | $346,481 |
Valuation Multiples
The valuation multiples listed below are derived from asking price, revenue, and seller's discretionary earnings of Liquor Stores listed for sale in Michigan.
| Bound | Revenue Multiple | Earnings Multiple |
|---|---|---|
| Lower Quartile | 0.38 | 2.21 |
| Median | 0.46 | 3.94 |
| Upper Quartile | 0.84 | 4.63 |
FAQ's
How much does it cost to buy a Liquor Store in Michigan?
The median asking price for an established Liquor Store in Michigan is $1,273,500, though prices range from under $327,500 to well over $1,530,000.
How much do Liquor Stores owners in Michigan earn?
The median reported revenue of Liquor Stores in Michigan is $1,661,866 and owners earn a median of $296,527, which includes the owners salary and any other financial benefits they receive.
How do I value a Liquor 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 Liquor Stores in Michigan, revenue multiples range from 0.38 to 0.84, with a median of 0.46. Earning multiples range from 2.21 to 4.63, with the median at 3.94. This means the typical Liquor Store in Michigan may ask for around 0.46 times its annual revenue, and 3.94 times its annual owner earnings.
More for Business Owners
Create an Owner AccountSell Your BusinessFind a Business BrokerLearn About Selling a BusinessMore for Business Buyers
Create a Buyer AccountLearn About Buying BusinessesGet BizBuySell Edge


