Cleveland, OH
$150,000
Convenience Stores For Sale in Ohio
Market Info
Friendly Neighborhood C-Store with Kitchen and Apartment
Long Established Convenience Store on busy Street
REAL ESTATE INCLUDED
West Chester, OH
$1,249,900
Profitable Convenience Store Available
Toledo, OH
$239,000
Drive Thru in Great Location
REAL ESTATE INCLUDED
Cincinnati, OH
$950,000
Long Established Store
Amelia, OH
$20,000
Real EstateEmpty Retail Space – Ideal for Convenience Store w/ Gas Potential
Euclid, OH
Not Disclosed
Real EstateSG 11505 Ohio Cleveland North Randall Shopping Plaza
Cuyahoga County, OH
$1,200,000
Buy or Sell a Convenience Store in Ohio
| Market Overview | Listings for Sale (Median) |
|---|---|
| Number of Businesses Analyzed | 33 |
| Asking Price | $325,000 |
| Reported Revenue | $820,000 |
| Reported Seller's Discretionary Earnings | $190,000 |
Financials based on businesses that listed an asking price, annual revenue, and seller's discretionary earnings.
Asking Price
| Lower Quartile | Median | Upper Quartile |
|---|---|---|
| $225,000 | $325,000 | $550,000 |
Market Financial Highlights
The financial data presented here is an aggregation of reported revenue and earnings of Convenience Stores for sale in Ohio.
| Bound | Revenue | Seller’s Discretionary Earnings |
|---|---|---|
| Lower Quartile | $550,000 | $144,000 |
| Median | $820,000 | $190,000 |
| Upper Quartile | $1,700,000 | $280,000 |
Valuation Multiples
The valuation multiples listed below are derived from asking price, revenue, and seller's discretionary earnings of Convenience Stores listed for sale in Ohio.
| Bound | Revenue Multiple | Earnings Multiple |
|---|---|---|
| Lower Quartile | 0.30 | 1.25 |
| Median | 0.41 | 1.69 |
| Upper Quartile | 0.70 | 2.70 |
FAQ's
How much does it cost to buy a Convenience Store in Ohio?
The median asking price for an established Convenience Store in Ohio is $325,000, though prices range from under $225,000 to well over $550,000.
How much do Convenience Stores owners in Ohio earn?
The median reported revenue of Convenience Stores in Ohio is $820,000 and owners earn a median of $190,000, which includes the owners salary and any other financial benefits they receive.
How do I value a Convenience 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 Convenience Stores in Ohio, revenue multiples range from 0.30 to 0.70, with a median of 0.41. Earning multiples range from 1.25 to 2.70, with the median at 1.69. This means the typical Convenience Store in Ohio may ask for around 0.41 times its annual revenue, and 1.69 times its annual owner earnings.
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