Rockford, IL
$2,300,000
Rockford, IL
$2,300,000
REAL ESTATE INCLUDED
Monterey County, CA
$4,200,000
Victorville, CA
$475,000
Oregon
$140,000
Oregon
$140,000
Baltimore County, MD
Cash Flow: $175,000
St. Charles County, MO
$283,000
REAL ESTATE INCLUDED
Los Angeles County, CA
$8,000,000
Pasco County, FL
$2,250,000
Racine, WI
$150,000
New York, NY
$699,000
Las Vegas, NV
$200,000
REAL ESTATE INCLUDED
Baltimore, MD
$3,000,000
Gales Ferry, CT
$229,000
Transylvania County, NC
$198,000
Arvada, CO
$295,000
Randy Hendershot, CBB
Evolution Advisors
Serving Placer County, CA
Evolution provides a full range of professional services to anyone considering Buying or Selling a Business, including Valuation, Exit Strategies, Financing or anything else related to the sale or purchase of a business. Evolutions approach is unique and proven to work.
Tucson, AZ
$129,000
St. Clair County, IL
$399,000
REAL ESTATE INCLUDED
Peoria, IL
$3,125,000
Harris County, TX
$225,000
Baltimore City County, MD
$140,000
Surprise, AZ
$749,000
Mckinney, TX
$260,000
Kings County, NY
$565,000
Griffin, GA
$1,300,000
Allegheny County, PA
$569,000
Alameda County, CA
$349,999
San Joaquin County, CA
$330,999
South Carolina
$2,240,000
El Paso County, CO
$649,995
REAL ESTATE INCLUDED
Markham, IL
$699,990
REAL ESTATE INCLUDED
Detroit, MI
$700,000
Trabuco Canyon, CA
$349,000
Anaheim, CA
$170,000
REAL ESTATE INCLUDED
Floyd County, GA
$3,800,000
Colorado Springs, CO
$239,000
Washington, DC
$58,000
Franklin Square, NY
$150,000
Fullerton, CA
$1,300,000
Suffolk County, MA
$265,000
Queens County, NY
$1,150,000
Johnson County, KS
$70,000
Columbia, SC
$449,000
Queens County, NY
$320,000
Peter Becchina
eXp Commercial
Serving Montgomery County, PA
Specializing In Solutions
Kings County, NY
$380,000
Fullerton, CA
$325,000
REAL ESTATE INCLUDED
Waconia, MN
$1,495,000
Staten Island, NY
$625,000
New Haven County, CT
$299,000
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, 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 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 |
852 |
Median Asking Price |
$474,500 |
Median Reported Revenue |
$943,000 |
Median Reported Earnings |
$150,000 |
Financials based on businesses that listed an asking price, annual revenue, and seller's discretionary earnings. |
Liquor Store Business Valuation Multiples
Range |
Revenue |
Earnings (SDE) |
Lower Quartile |
0.36 |
2.25 |
Median |
0.52 |
3.05 |
Upper Quartile |
0.77 |
4.00 |
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?
The median asking price for a liquor store is approximately $474,500. 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 report median annual sales of $943,000 and annual owner earnings of $150,000. 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 typically range from 0.36 to 0.77, with the median at 0.52. Earnings multiples range from 2.25 to 4.00, with the median at 3.05. These values suggest a typical liquor store business will sell for around 0.52 times its annual revenue, and 3.05 times its annual owner’s earnings.
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