Compton, CA
$299,000
Compton, CA
$299,000

Los Angeles County, CA
$475,000

El Monte, CA
$325,000

Los Angeles County, CA
$100,000
Torrance, CA
$395,000
Los Angeles, CA
$249,000
Crescent City, CA
$3,200,000
REAL ESTATE INCLUDED
San Diego County, CA
$395,000
San Diego, CA
$590,000
San Diego, CA
$499,000
Available Nationwide
$50,000
Los Angeles, CA
$1,025,000
Stanislaus County, CA
$250,000
$150,000
San Bernardino County, CA
Walnut, CA
$240,000
Redding, CA
$1,750,000
Randy Hendershot, CBB
Evolution Advisors
Serving Placer County, CA
Evolution provides a full range of professional services to anyone considering Buying or Selling a Business, including Valuation, Exit Strategies, Financing or anything else related to the sale or purchase of a business. Evolutions approach is unique and proven to work.
REAL ESTATE INCLUDED
Redding, CA
$1,850,000
San Diego, CA
$378,000
Baldwin Park, CA
$899,000
Los Angeles, CA
$449,000
Palmdale, CA
$1,777,000
Available Nationwide
$50,000
Long Beach, CA
$1,399,000
Torrance, CA
$45,000
$2,700,000
Los Angeles County, CA
REAL ESTATE INCLUDED
Stanislaus County, CA
$1,300,000
REAL ESTATE INCLUDED
Sacramento County, CA
$9,000,000
Long Beach, CA
$120,000
Los Angeles, CA
$450,000
Hacienda Heights, CA
$160,000
Long Beach, CA
$160,000
REAL ESTATE INCLUDED
California
$1,995,000
Available Nationwide
$100,000
Murrieta, CA
$250,000
Fresno, CA
$950,000
San Francisco, CA
$239,000
California
$349,000
Available Nationwide
$80,000
Sacramento County, CA
$950,000
Westminster, CA
$1,500,000
Hacienda Heights, CA
$339,000
San Jose, CA
$465,000
Anaheim, CA
$220,000
Los Angeles, CA
$125,000
James Liao
Berkshire Hathaway Home Services
Serving Los Angeles County, CA
Buying
Los Angeles County, CA
$125,000
Alameda County, CA
$349,999
San Joaquin County, CA
$330,999
Available in California
$200,000
Trabuco Canyon, CA
$349,000
Anaheim, CA
$170,000
Fullerton, CA
$1,300,000
Fullerton, CA
$325,000
California
$195,000
Fresno, CA
$859,000
Santa Clara, CA
$299,000
Los Angeles, CA
$50,000
Los Angeles, CA
$50,000
Available Nationwide
$60,000
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 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 California, it is important to have some context on pricing, valuation, and financial performance of these businesses. Below we have aggregated listing data of California convenience stores, surfaced key financial metrics, and derived valuation multiples.
Market Overview
|
Number of Businesses Analyzed |
54 |
|
Median Asking Price |
$316,250 |
|
Median Reported Revenue |
$570,000 |
|
Median Reported Earnings |
$124,620 |
|
Financials based on businesses that listed an asking price, annual revenue, and seller's discretionary earnings. |
|
California Convenience Store Business Valuation Multiples
|
Range |
Revenue |
Earnings (SDE) |
|
Lower Quartile |
0.29 |
1.97 |
|
Median |
0.46 |
2.85 |
|
Upper Quartile |
0.58 |
3.54 |
|
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 California?
Prices vary depending on sales volume and financial performance, but the median asking price for a convenience store business in California is approximately $316,250.
How much do convenience store owners earn?
On average, convenience store owners in California report median annual sales of $570,000 and annual owner earnings of $124,620. 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. California convenience store revenue multiples typically range from 0.29 to 0.58, with the median at 0.46. Earnings multiples range from 1.97 to 3.54, with the median at 2.85. These values suggest a typical convenience store business will sell for around 0.46 times its annual revenue, and 2.85 times its annual owner’s earnings.
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