What is the best way to evaluate a business such as a convenient store?

Looking to post a neighborhood convenient store for sale. How is it best to evaluate the business?
In Selling Property - Asked by Sharon Q. - Dec 5, 2016
Report Abuse
Answer this Question

Answer(s)

Matthew N.
Broker/Agent
Green Bay, WI

If the business is an operating business I have access to the financials, and the best use remains as the current use, I would use Net Operating Income times x 3 or 4. However, if the property is most likely going to be re-purposed, I would more likely use similar property comparables as my focus and move toward a cost per sq ft..

Dec 5, 2016
Report Abuse

Welcome to Answers

LoopNet Answers is where the commercial real estate community shares what they know to help each other out. And it's all for free.

Ask a question to get advice from brokers, investors, professionals and local experts.

Answer questions to raise your visibility as a trusted advisor and build new relationships.

Ask a Question

Post Question