Williamstown, NJ
$2,300,000
| Market Overview | Listed for Sale |
|---|---|
| Number of Businesses Analyzed | 700 |
| Median Asking Price | $450,000 |
| Median Reported Revenue | $950,000 |
| Median Reported Seller's Discretionary Earnings | $145,509 |
Asking Price
| Lower Quartile | Median | Upper Quartile |
|---|---|---|
| $249,000 | $450,000 | $900,000 |
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 | $579,000 | $81,000 |
| Median | $950,000 | $145,509 |
| Upper Quartile | $1,500,000 | $238,482 |
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 | 0.33 | 2.14 |
| Median | 0.48 | 3.06 |
| Upper Quartile | 0.71 | 4.38 |
| 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 $450,000, though prices range from under $249,000 to well over $900,000.
How much do Liquor Stores owners earn?
The median reported revenue of Liquor Stores is $950,000 and owners earn a median of $145,509, 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 0.33 to 0.71, with a median of 0.48. Earning multiples range from 2.14 to 4.38, with the median at 3.06. This means the typical Liquor Store may ask for around 0.48 times its annual revenue, and 3.06 times its annual owner earnings.
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