Deal Comps by Industry
The Industry
Beer, Wine, and Liquor Stores
Deals Financed
543
Change-of-ownership 7(a) loans, FY2020 through FY2025
Median Loan
$623,500
A loan, not a price: equity and seller notes sit on top
Charge-Off Rate
1.48%
6 of 405 loans, FY2018-19 change-of-ownership approvals (7-8 years seasoned)
The cited multiple band for this industry runs 2.9x to 3.7x SDE (Peak Business Valuation, liquor store multiples). The full case, pricing drivers, and diligence list live in Buying a Liquor Store.