Whittier, CA
$579,000
Whittier, CA
$579,000
Los Alamitos, CA
$350,000
Anaheim, CA
$199,000
Santa Barbara, CA
$349,000
Los Angeles, CA
$398,000
Ventura, CA
$575,000
San Bernardino, CA
$375,000
San Lorenzo, CA
$249,000
Merced County, CA
$175,000
Dana Point, CA
$450,000
Hayward, CA
$99,000
Pleasanton, CA
$275,000
Walnut, CA
$160,000
Rialto, CA
$999,999
Fullerton, CA
$105,000
Los Angeles County, CA
$59,000
Brannon Poe
Poe Group Advisors
Serving San Francisco County, CA
Poe Group Advisors is the premier accounting practice intermediary firm in the accounting industry. With practices located throughout the U.S. and Canada, our company is known for our seamless process as well as our efficient and diligent approach to facilitating the buying and selling of CPA firms. Armed with a passion for people and unmatched expertise, our team of experts has a deep knowledge of accounting industry and an intense focus on maximizing value or minimizing risk.
Santa Barbara County, CA
$7,000
Monterey, CA
$800,000
Fillmore, CA
$5,400,000
Blythe, CA
$4,500,000
Union City, CA
$1,000,000
Downey, CA
$1,900,000
Stockton, CA
Stockton, CA
Exeter, CA
$2,100,000
Hermosa Beach, CA
Los Angeles, CA
$1,290,000
Tulare County, CA
$1,650,000
Fillmore, CA
$4,999,000
Citrus Heights, CA
$2,900,000
Mentone, CA
$2,750,000
Fresno, CA
$1,950,000
Kings County, CA
$18,000,000
San Bernardino, CA
$3,750,000
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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