REAL ESTATE INCLUDED
Wayne County, MI
$1,500,000

REAL ESTATE INCLUDED
Wayne County, MI
$1,500,000

Bergen County, NJ
$275,000

Baltimore, MD
$595,000

Suffolk County, NY
$1,000,000
Jackson Heights, NY
$599,000
REAL ESTATE INCLUDED
Belfield, ND
$450,000
Nassau County, NY
$285,000
New Jersey
$550,000
Bergen County, NJ
$800,000
Bergen County, NJ
$499,000
Pontotoc County, MS
$250,000
REAL ESTATE INCLUDED
Gonzales, TX
$1,500,000
San Jose, CA
$799,000
REAL ESTATE INCLUDED
Miami-Dade County, FL
$4,200,000
REAL ESTATE INCLUDED
Wayne County, MI
$1,298,000
Orangeburg, SC
$250,000
Randy Sokol
Sokol Realty License #20174004026
Serving Franklin County, OH
Randy Sokol - Restaurant Industry Advocate. Randy Sokol owns Sokol Realty and Sokol & Associates specializing in selling restaurants, bars, pizza shops, and all hospitality related businesses. Randy grew up working in his family’s chain restaurants, for over 40 years, eventually becoming the Owner and President. He has been buying and selling restaurants for over 15 years and during that time he has brokered over 150 hospitality business deals and over 50 liquor permit deals. In that time, he has been able to build up a wealth of knowledge and experience in what makes a good location and how to negotiate the best possible lease on behalf of his clients. He knows what is important on a lease to protect your business, because he’s been there. His goal is always to make sure that his clients are getting exactly what they need, whether buying or selling, from their space so they can focus on running their business. Randy is also a member of several civic organizations, and has served on numerous boards and committees in the Columbus area, including the Ohio Restaurant Association, Children's Hospital Development Board, National Federation of Independent Businesses (NFIB), and Food Truck Advisory Board for the city of Columbus. He has worked with City Council members to create laws that support businesses like yours. Being involved with these organizations, and city politics allow him to keep abreast of current trends in real estate, which helps him stay informed about changing needs for new businesses looking for locations in Columbus and beyond, as well as use his resources on his client’s behalf. If you're looking for someone who will be straight forward in their dealings with you, be responsive in a timely manner, and always have your best interests at heart, then call Randy Sokol today.
REAL ESTATE INCLUDED
Detroit, MI
$1,500,000
Pima County, AZ
$950,000
Bergen County, NJ
$900,000
Gainesville, GA
$2,000,000
Rochester, NY
$295,000
Saint Paul, MN
$200,000
Westfield, NJ
$575,000
Cook County, IL
$650,000
REAL ESTATE INCLUDED
Wayne County, MI
$2,398,000
Glen Burnie, MD
$2,000,000
Oakland County, MI
$1,650,000
East Alton, IL
$299,000
Denver, CO
$348,500
Prescott, AZ
$185,000
Fort Bend County, TX
$125,000
Mendocino County, CA
$595,000
Tulsa, OK
$847,000
Howard County, MD
$1,600,000
Baltimore County, MD
$649,000
Horry County, SC
$75,000
Washington, DC
$700,000
Cypress, CA
$299,000
Tulsa, OK
$797,000
Laurel, MS
$117,000
Cook County, IL
$250,000
Brewster, MA
$245,000
District of Columbia, DC
$395,000
Ely, NV
$1,090,000
Uriel Setareh
Northeastern Advisors
Serving New York County, NY
Washington, DC
$550,000
Colorado
$500,000
North Miami Beach, FL
$2,150,000
Houston, TX
$675,700
Cypress, TX
$200,000
Freeport, NY
$125,000
| Market Overview | Listed for Sale |
|---|---|
| Number of Businesses Analyzed | 435 |
| Median Asking Price | $449,000 |
| Median Reported Revenue | $871,000 |
| Median Reported Seller's Discretionary Earnings | $145,668 |
Asking Price
| Lower Quartile | Median | Upper Quartile |
|---|---|---|
| $243,850 | $449,000 | $848,500 |
Market Financial Highlights
The financial data presented here is an aggregation of reported revenue and earnings of Liquor Stores for sale.
| Bound | Revenue | Seller’s Discretionary Earnings |
|---|---|---|
| Lower Quartile | $511,659 | $90,000 |
| Median | $871,000 | $145,668 |
| Upper Quartile | $1,343,810 | $223,000 |
Valuation Multiples
The valuation multiples listed below are derived from asking price, revenue, and seller's discretionary earnings of Liquor Stores listed for sale.
| Bound | Revenue Multiple | Earnings Multiple |
|---|---|---|
| Lower Quartile | 0.37 | 2.19 |
| Median | 0.50 | 3.06 |
| Upper Quartile | 0.74 | 4.17 |
| Find out what these types of businesses actually sell for with a BizBuySell Valuation Report | ||
FAQ's
How much does it cost to buy a Liquor Store?
The median asking price for an established Liquor Store is $449,000, though prices range from under $243,850 to well over $848,500.
How much do Liquor Stores owners earn?
The median reported revenue of Liquor Stores is $871,000 and owners earn a median of $145,668, which includes the owners salary and any other financial benefits they receive.
How do I value a Liquor Store?
Valuing a business is a complex process, but buyers and sellers often turn to the local market to understand how businesses are priced. Based on our most recent analysis of Liquor Stores, revenue multiples range from 0.37 to 0.74, with a median of 0.50. Earning multiples range from 2.19 to 4.17, with the median at 3.06. This means the typical Liquor Store may ask for around 0.50 times its annual revenue, and 3.06 times its annual owner earnings.
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