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
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Matthew N.
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
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