Brewster, NY
$189,000
Convenience Stores For Sale in New York
Market Info
Profitable Gas Station & Convenience Store- Huge upside
Turnkey Convenience Store Located In A High-Traffic Area
Suffolk County, NY
$105,000
Smoke Shop with Long Lease and Licenses
Suffolk County, NY
$115,000
Profitable Mobil Gas Station & C-Store – High Traffic Area - Carmel NY
Carmel, NY
$350,000
High-Volume Convenience Store with Food Service
Suffolk County, NY
$429,000
Semi-Absentee, Low Rent Grocery Store
Brooklyn, NY
$585,000
Shell Gas Station & Convenience Store
Kings County, NY
$375,000
Deli/Convenience store
Rockland County, NY
$380,000
High-Volume Convenience Store with Food Service
Suffolk County, NY
$449,000
Absentee Convenience Store
Suffolk County, NY
$550,000
FranchisePestMaster
Available Nationwide
$50,000
High-Traffic Convenience Store & Smoke Shop in Prime Brooklyn Location
Brooklyn, NY
$375,000
High-Traffic Corner Deli & Convenience Store
Nassau County, NY
$290,000
Multiple Properties Convenience Store/Gas/ Deli+ More. Package Deal
$1,700,000
Friendship, NY
Investment Property $550,000
REAL ESTATE INCLUDED
Columbia County, NY
$550,000
BP - Gas Station and Convenience Store
Bronx, NY
$450,000
Gregory Carafello
First Choice Business Brokers of Manhattan
Serving Suffolk County, NY
Founded in 1994, First Choice Business Brokers is one of the largest Business Sales Organizations in the world, with multiple offices located throughout the U.S. listing over $7 billion worth of businesses. Our New York City office consists of 1 Principal, 3 Associates, and administrative personnel. In addition, we have a select team of professional service providers we can recommend that can provide legal, accounting, planning, financing and various other services. First Choice Business Brokers is a member in good standing with the Better Business Bureau (A+ Rating). The FCBB office is located in Manhattan which covers the entire New York and New Jersey Regions. The Principle Broker, Gregory J. Carafello, has over 38 years of extensive Business Ownership experience as a small to medium sized business owner since 1998.
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Citgo Branded Gas Station with Deli/C-Store
Putnam County, NY
$125,000
Dollar Store In Nassau County (#22623)
Nassau County, NY
$275,000
branded gas station with C-Store
Westchester County, NY
$600,000
Asset SaleConvenience Store with Real Estate
Nassau County, NY
$990,000
Real EstatePrime Storefront Property On High Traffic Main Road Nassau County
Nassau County, NY
$1,750,000
FranchiseMy Salon Suite
Available Nationwide
$500,000
Real EstateSinclair Gas Station, Convenience Store & Residential Compound
Nassau County, NY
$1,575,000
Real EstateStationary Business for selling at Tarrytown, Ny
Tarrytown, NY
$200,000
Previous convenience store/gas station on 2 acres FOR SALE!
$225,000
Malone, NY
Real EstateUpdated Commercial Property for Sale
Nassau County, NY
$875,000
Real EstateFree-Standing Commercial Property for Sale – Prime Corner Lot
Nassau County, NY
$850,000
Real EstateConvenience Store, Gas, Car Wash, Campgrounds, etc.!
Lima, NY
$992,000
Buy or Sell a Convenience Store in New York
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 are able to upsell their captive audience on items like lottery tickets and beverages.
If you are looking to buy or sell a convenience store in New York, it is important to have some context on pricing, valuation, and financial performance of these businesses. Below we have aggregated listing data of New York convenience stores, surfaced key financial metrics, and derived valuation multiples.
Market Overview
|
Number of Businesses Analyzed |
16 |
|
Median Asking Price |
$250,000 |
|
Median Reported Revenue |
$750,000 |
|
Median Reported Earnings |
$120,000 |
|
Financials based on businesses that listed an asking price, annual revenue, and seller's discretionary earnings. |
|
New York Convenience Store Business Valuation Multiples
|
Range |
Revenue |
Earnings (SDE) |
|
Lower Quartile |
0.27 |
1.68 |
|
Median |
0.36 |
2.44 |
|
Upper Quartile |
0.48 |
2.79 |
|
Revenue and earnings multiples based on reported revenue, seller's discretionary earnings, and asking price. |
||
Read the Report:
Convenience Store Business Valuation Multiples and Financial Benchmarks
FAQs
How much does it cost to buy a convenience store in New York?
Prices vary depending on sales volume and financial performance, but the median asking price for a convenience store business in New York is approximately $250,000.
How much do convenience store owners earn?
On average, convenience store owners in New York report median annual sales of $750,000 and annual owner earnings of $120,000. 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. New York convenience store revenue multiples typically range from 0.27 to 0.48, with the median at 0.36. Earnings multiples range from 1.68 to 2.79, with the median at 2.44. These values suggest a typical convenience store business will sell for around 0.36 times its annual revenue, and 2.44 times its annual owner’s earnings.
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