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1 result for "Convenience Store" businesses in "Milpitas, California"
Milpitas, California
Convenience Store
1 result for "Convenience Store" businesses in "Milpitas, California"
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Milpitas, California
Gas Station - Retiring Owner
$ 8,800,000
CF : $ 850,000
The owner is retiring after 36 years and is selling this profitable gas station located on prime property. They do $120k in gallons/month at 65c, $60k/month in store sales, $35k/month from the car wash, and $5k/month for additional rental income. The buyer must have 3.5M down to acquire this property. Call the broker with proof of funds.
California is one of the most active convenience store markets in the country. With 40 million residents and a tightly regulated ABC license system that makes beer and wine licenses scarce in many cities, California convenience stores generate consistent multi-revenue stream cash flow from grocery, lottery, tobacco, ATM fees, and alcohol sales. BizBen features verified listings from small neighborhood markets to high-volume locations with full beer, wine, and spirits licenses.
California Convenience Store Market Snapshot
Number of Businesses: 1 listings
Average Asking Price: $8,800,000 (based on 1 listings with disclosed pricing)
Average Revenue: $0
Average Cash Flow: $850,000
California Convenience Store Market Insight
Stores with Type 20 (beer and wine) or Type 21 (full spirits) licenses in ABC moratorium markets command significant premiums — in many Los Angeles, San Francisco, and Sacramento neighborhoods the license alone is worth $150,000-$500,000+. South LA, the San Fernando Valley, and Koreatown are among the most active acquisition markets. Semi-absentee ownership models are common, and California Lottery commissions can add $5,000-$30,000+ per month in revenue at high-volume locations.
Why Invest in a California Convenience Store
Multiple revenue streams from groceries, lottery, tobacco, ATM fees, and alcohol provide diversified income
ABC moratorium markets make existing beer and wine licenses scarce and valuable — a real barrier to entry
Semi-absentee operations are common — many stores run successfully with hired managers and minimal owner involvement
California Lottery commissions provide significant supplemental revenue unique to the state
California remains one of the most active and liquid markets for convenience store acquisitions in the country.
Selling Your California Convenience Store?
Thinking about selling your convenience store? BizBen connects sellers with qualified buyers and experienced brokers who understand California ABC licensing, bulk sale transfer, and inventory valuation requirements.
FAQs
How many convenience stores are currently for sale in California?
There are currently 1 active convenience store listings across California on BizBen.
What is the average price of a convenience store for sale in California?
Prices vary based on revenue, location, and ABC license status. Stores with Type 21 licenses in moratorium markets command the highest prices. The current average asking price on BizBen is $8,800,000.
What is the difference between a Type 20 and Type 21 ABC license in California?
A Type 20 permits beer and wine sales only. A Type 21 permits beer, wine, and distilled spirits. Type 21 licenses are significantly more valuable and harder to obtain, particularly in ABC moratorium areas.
Can I finance a convenience store purchase in California?
Yes. SBA 7(a) loans are available, though some lenders restrict financing when alcohol exceeds 50% of sales — verify lender policy early. Brokers on BizBen can connect you with experienced lenders.
What additional revenue streams do California convenience stores generate?
Beyond alcohol and groceries, common sources include California Lottery commissions, ATM fees, tobacco, money transfer services, bill payment, and check cashing.