San Jose, CA
$465,000
San Jose, CA
$465,000
Anaheim, CA
$320,000
Victorville, CA
$475,000
San Francisco, CA
$79,000
Los Angeles, CA
$124,999
Los Angeles, CA
$250,000
Los Angeles County, CA
$150,000
Sacramento, CA
$120,000
Lincoln, CA
$140,000
REAL ESTATE INCLUDED
Eagle Rock, CA
$5,499,999
Available Nationwide
$100,000
Alameda County, CA
$349,999
San Joaquin County, CA
$330,999
Trabuco Canyon, CA
$349,000
Anaheim, CA
$170,000
Fullerton, CA
$1,300,000
Scott Weavil
Sierra Pacific Partners
Serving Sacramento County, CA
Sierra Pacific Partners is a boutique M&A advisory firm and business brokerage focused on serving businesses throughout California and across the country. We advise dynamic companies and their owners at key inflection points.
Fullerton, CA
$325,000
Torrance, CA
$250,000
Stanton, CA
$140,000
Norco, CA
$125,000
Available Nationwide
$650,000
Fresno, CA
$220,000
Fresno, CA
$859,000
Santa Clara, CA
$299,000
Chino, CA
$650,000
Los Angeles, CA
$50,000
Los Angeles, CA
$50,000
Sun Valley, CA
$189,000
Covina, CA
$499,000
Panorama City, CA
$100,000
Available Nationwide
$50,000
San Jose, CA
$225,000
San Bernardino, CA
$310,000
Alameda County, CA
$1,495,000
REAL ESTATE INCLUDED
Tuolumne County, CA
$1,890,000
Available Nationwide
$60,000
Monterey, CA
$250,000
REAL ESTATE INCLUDED
Tuolumne County, CA
$11,000,000
Chino, CA
$9,500,000
San Bernardino, CA
$1,400,000
REAL ESTATE INCLUDED
Riverside, CA
$1,500,000
Long Beach, CA
$450,000
San Joaquin County, CA
$239,000
REAL ESTATE INCLUDED
Kettleman City, CA
$8,750,000
James Liao
Berkshire Hathaway Home Services
Serving Los Angeles County, CA
Buying
Rosemead, CA
$59,000
Available Nationwide
$50,000
San Jose, CA
$199,000
Tracy, CA
$275,000
Yuba City, CA
$350,000
Sacramento County, CA
$199,900
Bloomington, CA
$890,000
Pico Rivera, CA
$449,000
Rancho Cucamonga, CA
$750,000
Long Beach, CA
$389,000
Murrieta, CA
$365,000
Available in California
$150,000
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 are able to upsell their captive audience on items like lottery tickets and beverages.
If you are looking to buy or sell a convenience store in California, it is important to have some context on pricing, valuation, and financial performance of these businesses. Below we have aggregated listing data of California convenience stores, surfaced key financial metrics, and derived valuation multiples.
Market Overview
Number of Businesses Analyzed |
54 |
Median Asking Price |
$316,250 |
Median Reported Revenue |
$570,000 |
Median Reported Earnings |
$124,620 |
Financials based on businesses that listed an asking price, annual revenue, and seller's discretionary earnings. |
California Convenience Store Business Valuation Multiples
Range |
Revenue |
Earnings (SDE) |
Lower Quartile |
0.29 |
1.97 |
Median |
0.46 |
2.85 |
Upper Quartile |
0.58 |
3.54 |
Revenue and earnings multiples based on reported revenue, seller's discretionary earnings, and asking price. |
Read the Report:
Convenience Store Business Valuation Multiples and Financial Benchmarks
FAQs
How much does it cost to buy a convenience store in California?
Prices vary depending on sales volume and financial performance, but the median asking price for a convenience store business in California is approximately $316,250.
How much do convenience store owners earn?
On average, convenience store owners in California report median annual sales of $570,000 and annual owner earnings of $124,620. 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. California convenience store revenue multiples typically range from 0.29 to 0.58, with the median at 0.46. Earnings multiples range from 1.97 to 3.54, with the median at 2.85. These values suggest a typical convenience store business will sell for around 0.46 times its annual revenue, and 2.85 times its annual owner’s earnings.
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