What exactly are Liquor Store Multiples?
In this video, Liquor Store Broker, Harry Sidhu, talks about liquor store multiples. Harry has sold numerous liquor stores. He has completed hundreds and hundreds of liquor store business valuations throughout California.
Harry explains how liquor store multiples are used in liquor store valuations. Additionally, he provides insight as to what influences these multiples when selling a liquor store. Moreover, he further explains how business sales and margins eventually affect the sales price of a liquor store.
So what exactly influences multiples?
- gross profit
- occupancy/lease expenses
- lease terms
- category sales
- payroll expenses
- supplier relationships
- liquor laws & regulations
- inventory supplies/old inventory
- automation of inventory
- security issues
- sales tax
While liquor stores are valued as a multiple of earnings, the multiples vary across the United States. In California, multiples are fairly generous and liquor stores can be one of the best retail investment compared to other business opportunities.
For additional information on liquor store sales, check out our other liquor store videos.
How Mission Peak Brokers can help you buy or sell a liquor store.
For more information on all things related to Liquor Store For Sale in California, Mission Peak Brokers is here to help.
Should you need assistance buying a liquor store, or selling a liquor store, contact Mission Peak Brokers. We have performed hundreds of liquor store valuations and closed numerous liquor store deals. We know the ins and outs of what makes liquor store valuable and how to get the deal done.
For more information on liquor store business opportunity sales, check out our Liquor Store Brokers hub.
In addition to selling liquor store business opportunities, we also manage liquor store commercial real estate.
We are the #1 Liquor Store Brokers in the Bay Area!