Warehousing & Storage Business — Business Valuation Multiple
EBITDA Valuation Guide · Small & Mid-Sized Businesses
Actual EBITDA multiples can vary materially based on EBITDA size, growth, recurring revenue, margins, customer concentration, owner dependence, geography and other company-specific factors.
Min
4×
Typical
5.5×
Max
7×
Revenue Model
Recurring
Capital Intensity
Medium
A typical multiple of 5.5× EBITDA reflects mid-market transactions in the $1–$50M revenue range.
Overview
Warehousing and storage businesses typically trade at 4×–7× EBITDA. Long-term lease agreements with anchor tenants, strategic locations near transport hubs, and e-commerce fulfilment capability are primary valuation drivers. Automation investment and warehouse management systems improve margins and scalability. Property lease terms and e-commerce volume volatility are the main risk factors for buyers.
Key Value Drivers
- Long-term lease agreements with anchor tenants
- Automation and WMS technology investment
- E-commerce fulfilment capability
- Strategic location near transport hubs
- Value-added services (pick/pack, returns)
Key Risks
- Property lease terms and renewal risk
- E-commerce volatility affecting volumes
- Labour costs and automation investment
- Tenant concentration
- Energy costs
Related Industries
Disclaimer: All multiples are indicative estimates only and are not formal valuations or investment advice. They should not be relied upon for financial decision-making without independent professional advice.