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Convenience Store Without Gas (Urban Bodega / Corner Store)

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

1THE PRICE
1.5x–2.8x
Typical deal: $200K
2THE LEVER
Long remaining lease term with personal guarantee in dense ur…
Push this up, multiple goes up
3THE LANDMINE
Short or expiring lease with no renewal option
Surface this in the first 15 min
SDE multiple
1.5x–2.8x
EBITDA multiple
2.5x–4.0x
Deal size range
$75K – $600K
OPEN

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Three things to nail in the first 10 minutes.

  1. 1

    Market range is 1.5x–2.8x SDE — the license situation and lease term are the two biggest valuation levers.

  2. 2

    A transferable beer/wine license in a restricted market adds $50K–$150K in standalone value on top of the earnings multiple.

  3. 3

    Deli and hot food operations can push gross margins to 40–55% on prepared foods — that's your story to buyers.

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