San Mateo County, CA
$850,000
San Mateo County, CA
$850,000
San Jose, CA
$298,000
Monterey County, CA
$235,000
Los Angeles County, CA
$699,000
Los Angeles, CA
$435,000
El Monte, CA
$795,000
Ukiah, CA
$150,000
San Francisco County, CA
$499,000
Riverside, CA
$1,500,000
Monterey County, CA
$300,000
Available Nationwide
$100,000
Davis, CA
$225,000
San Francisco, CA
$368,000
Fresno County, CA
$775,000
Alameda County, CA
$500,000
Glendale, CA
$470,000
Take CBI, CBB
JRC Advisors I eXp Commercial
Serving Los Angeles County, CA
eXp Commercial forms part of eXp World Holdings, Inc. a cloud-based real estate brokerage serving commercial and residential clients globally – all connected through our virtual platform, eXp World. Amid these uncertain times, eXp World Holdings continues to deliver on our value proposition to our agents, brokers and consumers. In fact, we’ve reported record financial results – having recently achieved our most profitable quarter in our more than 10-year history.
Orange County, CA
$299,000
Los Angeles County, CA
$1,500,000
Alameda County, CA
$499,000
REAL ESTATE INCLUDED
Ukiah, CA
$5,500,000
Available Nationwide
$500,000
Mentone, CA
$135,000
Rialto, CA
$995,000
Bakersfield, CA
$500,000
Santa Clara County, CA
$900,000
Rancho Cucamonga, CA
$500,000
San Francisco, CA
$195,000
REAL ESTATE INCLUDED
Stanislaus County, CA
$800,000
Santa Barbara, CA
$499,000
Sacramento County, CA
$650,000
REAL ESTATE INCLUDED
Fresno County, CA
$2,990,000
Alameda County, CA
$250,000
Anaheim, CA
$199,000
Los Angeles, CA
$289,000
Vermont, CA
$289,000
Santa Barbara, CA
$349,000
Alameda County, CA
$1,900,000
San Lorenzo, CA
$249,000
San Jose, CA
$1,250,000
Hayward, CA
$99,000
Pleasanton, CA
$275,000
Alhambra, CA
$95,000
Diamond Bar, CA
$250,000
Monterey, CA
$210,000
Brian Serina
Brian K Serina, Broker
Serving Sacramento County, CA
I am involved in the Sale & Leasing of restaurants and restaurant related businesses and property. We just completed the sale of a pizza restaurant and the commercial lease for a liquor store. Currently seeking space for a 10k to 20k sf fun center for kids.
Anaheim, CA
$250,000
Monterey, CA
$800,000
Kern County, CA
$1,800,000
Baldwin Park, CA
$899,000
San Joaquin County, CA
$1,200,000
Kern County, CA
$4,500,000
Los Angeles, CA
$3,500,000
Fresno County, CA
$1,600,000
Liquor stores are a staple business in most communities, providing customers with a variety of alcoholic beverages that are always in demand. Among retail businesses, liquor stores are an often overlooked but consistently performing option.
If you are looking to buy or sell a liquor store business in California, it helps to have some context on the market, and to understand how these types of businesses are valued. Below, we have aggregated financial data from current and recent California listings to provide some benchmarks on valuation and performance of liquor store businesses. All data is based on broker and business owner provided financial information.
Market Overview
Number of Businesses Analyzed |
105 |
Median Asking Price |
$413,250 |
Median Reported Revenue |
$738,000 |
Median Reported Earnings |
$121,000 |
Financials based on businesses that listed an asking price, annual revenue, and seller's discretionary earnings. |
California Liquor Store Business Valuation Multiples
Range |
Revenue |
Earnings (SDE) |
Lower Quartile |
0.43 |
2.43 |
Median |
0.58 |
3.15 |
Upper Quartile |
0.75 |
3.88 |
Revenue and earnings multiples based on reported revenue, seller's discretionary earnings, and asking price. |
Read the Report:
Liquor Store Business Valuation Multiples & Financial Benchmarks
FAQs
How much does it cost to buy a liquor store in California?
The median asking price for a liquor store in California is approximately $413,250. However, this can vary significantly depending on the size, location, and financial performance of the store.
How much do liquor store owners earn?
On average, liquor store owners in California report median annual sales of $738,000 and annual owner earnings of $121,000. These figures are based on businesses that have listed their annual revenue and seller's discretionary earnings.
How do I value a liquor store business?
Valuing a liquor store business involves considering several factors, including annual revenue, profit margins, and market conditions. Brokers, business owners, and business buyers will typically rely on valuation multiples to gauge business value relative to similar businesses in the market. Liquor store revenue/sales multiples in California typically range from 0.43 to 0.75, with the median at 0.58. Earnings multiples range from 2.43 to 3.88, with the median at 3.15. These values suggest a typical liquor store business in California will sell for around 0.58 times its annual revenue, and 3.15 times its annual owner’s earnings.
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