Detroit, MI
Convenience Stores For Sale in Michigan


REAL ESTATE INCLUDED
Detroit, MI

Oakland County, MI

REAL ESTATE INCLUDED
Detroit, MI
Dearborn, MI
REAL ESTATE INCLUDED
Goetzville, MI
Detroit, MI
REAL ESTATE INCLUDED
Wayne County, MI
Taylor, MI
Wyandotte, MI
Available Nationwide
Detroit, MI
REAL ESTATE INCLUDED
Lansing, MI
6 No Goodwill Corporate Owned Gas stations in Michigan
$50,000
Battle Creek, MI
REAL ESTATE INCLUDED
Macomb County, MI
REAL ESTATE INCLUDED
Sault Sainte Marie, MI
Matthew Russell
AAI Financial Group, LLC
Serving Clinton County, MI
AAI Financial Group is a diverse company that offers a variety of services directly or through its related companies. We are a capital advisory firm that specializes in assisting clients to obtain financing for their businesses or investment properties along with buying/selling real estate and businesses through their affliated companies. We are financial professionals with a combined 50+ years of experience in real estate and commercial lending. Our clients count on us to provide sound advice with unique solutions, advocate on their behalf, while making the process simple. Our approach is to build a strong relationship between the capital provider and the client to create a winning situation for all involved..
Canton Twp, MI
REAL ESTATE INCLUDED
Detroit, MI
REAL ESTATE INCLUDED
Oakland County, MI
REAL ESTATE INCLUDED
Flint, MI
REAL ESTATE INCLUDED
Macomb County, MI
Available Nationwide
REAL ESTATE INCLUDED
Detroit, MI
Jackson County, MI
Convenience store with pizzeria, deli and two rental properties,
$539,000
West Branch, MI
REAL ESTATE INCLUDED
Detroit, MI
REAL ESTATE INCLUDED
Wayne County, MI
REAL ESTATE INCLUDED
Detroit, MI
REAL ESTATE INCLUDED
Wayne County, MI
St. Clair County, MI
REAL ESTATE INCLUDED
Washtenaw County, MI
REAL ESTATE INCLUDED
Detroit, MI
Available Nationwide
REAL ESTATE INCLUDED
Detroit, MI
REAL ESTATE INCLUDED
Wayne County, MI
Macomb County, MI
REAL ESTATE INCLUDED
Wayne County, MI
Available Nationwide
Oakland County, MI
REAL ESTATE INCLUDED
Detroit, MI
REAL ESTATE INCLUDED
Detroit, MI
REAL ESTATE INCLUDED
Detroit, MI
REAL ESTATE INCLUDED
Monroe County, MI
Michigan
Gary Elle
We Sell Restaurants
Serving Oakland County, MI
We Sell Restaurants is the nation’s largest business broker franchise focused exclusively on the sale of restaurants. With 20 years of experience, we have helped buy, sell and lease more hospitality locations nationwide than any other brand. We Sell Restaurants has carved an unparalleled niche in the industry as the nation's leading and only business broker franchise focused on restaurants. Formed over two decades ago, We Sell Restaurants is a vibrant and innovative company that operates in 45 states nationwide and delivers on the founder's vision to Sell More Restaurants Than Anyone Else. PERIOD. Our team achieves that mission by sharing a common set of core values that include: • We know that Every Day is Game Day and We Act Accordingly • We Treat Each Other, Our Clients and Internal Clients by the Golden Rule • We Act with Integrity and Only Make Agreements We Are Willing and Able to Keep • We Are the Brand and are Passionate about Sales Results • We Create a Customer Service Experience Worth Sharing With top-flight experience crafted over decades of selling restaurants, along with previous expertise working in small businesses and in senior leadership roles for a Big 5 Accounting firm and a major Fortune 100 company, We Sell Restaurants leadership has deep financial, branding and marketing experience in restaurants, and small and big business. This collective experience allowed them to take the fragmented brokerage market and build a specialized practice for selling only restaurants with a systemic approach never before seen in the industry. We Sell Restaurants has recruited an experienced leadership team with experience spanning decades in business brokerage, franchise sales and customer service and operations.
REAL ESTATE INCLUDED
Wayne County, MI
REAL ESTATE INCLUDED
Detroit, MI
REAL ESTATE INCLUDED
Macomb County, MI
Available Nationwide
Oakland County, MI
Wayne County, MI
Kent County, MI
Tuscola County, MI
Kent County, MI
Rochester, MI
Roseville, MI
Detroit, MI
Prudenville, MI
| Market Overview | Listings for Sale (Median) | Total Michigan Market (Average) |
|---|---|---|
| Number of Businesses Analyzed | 8 | 861 |
| Asking Price | $340,000 | - |
| Reported Revenue | $830,000 | $1,788,325 |
| Reported Seller's Discretionary Earnings | $106,000 | $19,202 |
Asking Price
| Lower Quartile | Median | Upper Quartile |
|---|---|---|
| $196,250 | $340,000 | $636,000 |
Market Financial Highlights
The financial data presented here is an aggregation of reported revenue and earnings of Convenience Stores for sale in Michigan.
| Bound | Revenue | Seller’s Discretionary Earnings |
|---|---|---|
| Lower Quartile | $759,070 | $62,746 |
| Median | $830,000 | $106,000 |
| Upper Quartile | $1,100,000 | $157,310 |
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 Michigan.
| Bound | Revenue Multiple | Earnings Multiple |
|---|---|---|
| Lower Quartile | 0.21 | 2.56 |
| Median | 0.46 | 4.21 |
| Upper Quartile | 0.97 | 4.64 |
FAQ's
How much does it cost to buy a Convenience Store in Michigan?
The median asking price for an established Convenience Store in Michigan is $340,000, though prices range from under $196,250 to well over $636,000.
How much do Convenience Stores owners in Michigan earn?
The median reported revenue of Convenience Stores in Michigan is $830,000 and owners earn a median of $106,000, 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 Michigan, revenue multiples range from 0.21 to 0.97, with a median of 0.46. Earning multiples range from 2.56 to 4.64, with the median at 4.21. This means the typical Convenience Store in Michigan may ask for around 0.46 times its annual revenue, and 4.21 times its annual owner earnings.
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