Milwaukee County, WI
$650,000

Milwaukee County, WI
$650,000

Sandy Spring, MD
$270,000

Hudson County, NJ
$149,000

REAL ESTATE INCLUDED
Monroe County, MI
$600,000
Torrance, CA
$250,000
Finney County, KS
$100,000
Carrollton, TX
$750,000
Hollywood, FL
$252,000
Hialeah, FL
$585,000
New Mexico
Not Disclosed
Cash Flow: $492,000
Dallas, TX
$160,000
Dallas, TX
$275,000
Allen, TX
$125,000
Collin County, TX
$499,000
Johnson County, KS
$225,000
Putnam County, NY
$125,000
Dean Burnette
Best Business Brokers
Serving Chatham County, GA
At Best Business Brokers, we pride ourselves on being the premier business brokerage and commercial real estate firm in the Southeast USA. Our team of experienced and dedicated professionals is committed to providing exceptional service, expert guidance, and unparalleled results for our clients. With a collective wealth of knowledge and expertise spanning various industries, our team is uniquely positioned to navigate the complexities of buying, selling, and owning a business or commercial property. From manufacturing and hospitality to Main Street businesses, restaurants, and more, our specialized brokers are equipped to handle even the most intricate transactions. Meet Our Team of Experts: • Brian Judson, Senior Business Broker (Savannah, GA) - Seasoned expert with a proven track record of success • Keith Turner, Business Broker (Savannah, GA) - Manufacturing and Commercial Real Estate Specialist • Tatiana Yagecic, Business Broker (Charleston SC) (Hospitality Expert) - Skilled in navigating the unique challenges of the hospitality industry • Michael Gay, Business Broker (Macon, GA) - Retired banker with a keen eye for profitable businesses • La’Keisha Mondrey, Business Broker (Atlanta, GA) - Main Street business specialist with a passion for community development • David Siu, Business Broker (Restaurant and Commercial Real Estate Expert) - Savvy navigator of the restaurant and commercial real estate landscape • Dean Burnette, Managing Broker (Southeast Region) - Seasoned leader with a deep understanding of the Southeastern market Our Commitment to You: At B3, we understand that every business and commercial real estate transaction is unique. That's why we take a personalized approach to each client, providing tailored guidance and support every step of the way. Our team is dedicated to building long-term relationships, delivering exceptional results, and exceeding your expectations.
Sun City, AZ
$300,000
Camden, SC
$1
North Olmsted, OH
$259,000
REAL ESTATE INCLUDED
Stanislaus County, CA
$800,000
REAL ESTATE INCLUDED
Minnesota
$650,000
Crystal River, FL
$25,000
REAL ESTATE INCLUDED
Blacksburg, VA
$300,000
Tempe, AZ
$200,000
Groveland, FL
$375,000
Holtsville
$599,000
REAL ESTATE INCLUDED
Camden County, NJ
$350,000
Chicago, IL
$650,000
REAL ESTATE INCLUDED
Michigan
$375,000
Salinas, CA
$1,299,000
Santa Barbara, CA
$120,000
Morgan County, IL
$200,000
REAL ESTATE INCLUDED
Oakland County, MI
$925,000
Bergen County, NJ
$320,000
REAL ESTATE INCLUDED
Belleville, MI
$650,000
Whittier, CA
$579,000
Orange City, FL
$75,000
Las Vegas, NV
$315,000
Eastland County, TX
$295,000
Dallas, TX
$425,000
Tarrant County, TX
$450,000
Los Alamitos, CA
$350,000
REAL ESTATE INCLUDED
Wichita Falls, TX
$1,500,000
Phoenix, AZ
$900,000
Robert Devaney
My Broker LLC
Serving Plymouth County, MA
Discounted Commissions
Port Richey, FL
$300,000
Jacksonville, FL
$250,000
Michigan
$2,150,000
Manistee, MI
$399,000
Anaheim, CA
$225,000
REAL ESTATE INCLUDED
Oakland County, MI
$999,000
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 can upsell their captive audience on items like lottery tickets and beverages.
If you are looking to buy or sell a convenience store, it is important to have some context on pricing, valuation, and financial performance of these businesses. Below we have aggregated listing data of convenience stores, surfaced key financial metrics, and derived valuation multiples.
Market Overview
|
Number of Businesses Analyzed |
375 |
|
Median Asking Price |
$260,000 |
|
Median Reported Revenue |
$620,400 |
|
Median Reported Earnings |
$126,546 |
|
Financials based on businesses that listed an asking price, annual revenue, and seller's discretionary earnings. |
|
Convenience Store Business Valuation Multiples
|
Range |
Revenue |
Earnings (SDE) |
|
Lower Quartile |
0.27 |
1.52 |
|
Median |
0.43 |
2.20 |
|
Upper Quartile |
0.64 |
3.27 |
|
Revenue and earnings multiples based on reported revenue, seller's discretionary earnings, and asking price. |
||
Read the Report:
Convenience Store Business Valuation Benchmarks
FAQs
How much does it cost to buy a convenience store?
Prices vary depending on sales volume and financial performance, but the median asking price for a convenience store business in the U.S. is approximately $260,000.
How much do convenience store owners earn?
On average, convenience store owners report median annual sales of $620,400 and annual owner earnings of $126,546. 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. Convenience store revenue multiples typically range from 0.27 to 0.64, with the median at 0.43. Earnings multiples range from 1.52 to 3.27, with the median at 2.20. These values suggest a typical convenience store business will sell for around 0.43 times its annual revenue, and 2.2 times its annual owner’s earnings.
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