Santa Barbara, CA
$110,000

Santa Barbara, CA
$110,000
Whittier, CA
$579,000

Anaheim, CA
$225,000

Ventura, CA
$575,000
San Bernardino, CA
$375,000
San Lorenzo, CA
$249,000
Merced County, CA
$175,000
Hayward, CA
$99,000
Pleasanton, CA
$275,000
Alhambra, CA
$95,000
Laguna Beach, CA
$150,000
Los Angeles, CA
$3,000
Oakland, CA
$160,000
Long Beach, CA
$90,000
Sun Valley, CA
$2,000,000
Santa Barbara County, CA
$7,000
Mike Nova
Santa Rosa Business & Commercial
Serving Sonoma County, CA
Santa Rosa Business and Commercial has agents and brokers that have leased and sold businesses and commercial property in the North Bay for over 30 years. There is no other firm in the North Bay that has the equivalent depth of experience and local knowledge of the surrounding business community
Monterey, CA
$800,000
San Bernardino, CA
$8,990,000
Monterey Park, CA
$990,000
Los Angeles, CA
$990,000
Bakersfield, CA
$8,500,000
Inglewood, CA
$2,790,000
California
$1,500,000
Fillmore, CA
$5,599,000
Blythe, CA
$4,500,000
Downey, CA
$1,900,000
Stockton, CA
Not Disclosed
Stockton, CA
Not Disclosed
Exeter, CA
$1,950,000
Hermosa Beach, CA
Not Disclosed
Kings County, CA
$18,000,000
Los Angeles, CA
$1,200,000
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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