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Convenience Store + Gas

The 3 anchors. Don't leave the meeting without them.

1THE PRICE
2.0x–3.5x
Typical deal: $1.2M
2THE LEVER
Real estate ownership
Push this up, multiple goes up
3THE LANDMINE
Open or unremediated UST environmental contamination
Surface this in the first 15 min
SDE multiple
2.0x–3.5x
EBITDA multiple
3.5x–5.5x (larger ops / institutional buyers)
Deal size range
$300K – $8M+
OPEN

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Three things to nail in the first 10 minutes.

  1. 1

    Market prices at 2.0x–3.5x SDE for leasehold; real estate ownership can push total value 50–70% higher.

  2. 2

    Inside sales mix matters most — operators above 28% gross margin on the store side command the top of that range.

  3. 3

    Fuel is a traffic driver, not a profit center; buyers price the inside store, then back into the pump contribution.

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