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What is a convenience store worth?
Convenience stores that sold from 2021 to 2025 went for a median of 1.82x seller's discretionary earnings (SDE). The middle half sold for 1.32x to 2.77x. [1]
Last verified October 24, 2026
What multiple do convenience stores sell for?
- Lower quartile
- 1.32x
- Median
- 1.82x
- Upper quartile
- 2.77x
Times seller's discretionary earnings (SDE). Convenience stores, BizBuySell, sales 2021–2025; 692 sales.
SDE is the profit one owner takes out of the business: pre-tax profit plus one owner's pay and perks, interest, depreciation and one-time costs. How we calculate it.
How should you use these numbers?
Multiply your SDE by a multiple in the range to get a rough price for the business, not counting real estate. Where you land in the range depends on how much the business depends on you, how much revenue repeats, growth, customer concentration and the other factors in the calculator. Half of all sales land outside the quartile range, so a real deal can go higher or lower.
An estimate for planning, not an appraisal. It is not tax, legal or investment advice. For a sale, a bank loan, a partner buyout, a divorce or an estate, hire a certified appraiser (CVA, ABV or ASA).
Where do these numbers come from?
Sources and the dates we checked them
| # | Source | Data period | Published | Type | Checked |
|---|---|---|---|---|---|
| 1 | BizBuySell Valuation Benchmarks: Convenience Stores BizBuySell (CoStar Group) | Businesses sold 2021–2025 | Businesses sold 2021–2025 | transaction data | 2026-10-24 |