Prices for sales of convenience stores dipped in 2014

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Prices for sales of convenience stores dipped in 2014

Median sale prices of convenience stores were $35,000 lower in 2014, BizBuySell reported in a CSP Daily News article.

BizBuySell sold 266 convenience store businesses last year, with a median sale price of $140,000, a drop from the median $175,000 price in 2013.

A manager at the company said one reason may be that more smaller-size stores were sold in the past year, skewing the price downward. Sales of small businesses are expected to continue at a brisk pace this year with the upturn in the economy.

Read more about the trend in the article at CSPnet.com.

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By |2015-06-23T13:34:57-04:00February 11th, 2015|Fuel Supply 101, Industry News, Other|

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