Marion County, KY
$180,000
Marion County, KY
$180,000
Long Beach, CA
$109,000
Houston, TX
$56,000
Yolo County, CA
$2,200,000
Baltimore County, MD
$799,000
Doral, FL
$110,000
Greenwich, CT
$295,000
Cook County, IL
$350,000
Carrollton, TX
$135,000
Corona Del Mar, CA
$140,000
Allegheny County, PA
$200,000
Mercer County, NJ
$210,000
Portland, OR
$1,349,000
Green Brook Township, NJ
$150,000
Pierce County, WA
$4,500,000
Novi, MI
$40,000
Justin Sandridge
Serving Anson County, NC
Murphy Business Sales – Charlotte | Practical Guidance. Proven Results. At Murphy Business Sales – Charlotte, we specialize in guiding business owners through the often complex process of selling small to mid-sized privately held businesses. Our approach is hands-on, transparent, and grounded in real-world experience. Every business is unique, and so is every transaction. That’s why we take the time to understand our clients’ goals—whether they’re maximizing the value of a lifetime of work or planning for a thoughtful exit. We work closely with owners to position their companies effectively, maintain confidentiality, and manage negotiations with professionalism and care. With a focus on integrity and responsiveness, our goal is to deliver a smooth, informed process from the first meeting to the closing table. We don’t overpromise or push. We believe in building trust, offering honest insight, and keeping our clients informed every step of the way. If you’re considering selling your business, we’re here to help with straightforward guidance and reliable support backed by experience.
Warner Robins, GA
$129,000
Suffolk County, NY
$275,000
Tampa, FL
$640,000
Oakland County, MI
$39,999
Wayne County, MI
$160,000
REAL ESTATE INCLUDED
Oklahoma County, OK
$1,300,000
REAL ESTATE INCLUDED
Winnebago County, IL
$1,800,000
Sunny Isles Beach, FL
$150,000
Erie County, PA
$225,000
Suffolk County, NY
$240,000
Los Angeles, CA
$55,000
Kenneth City, FL
$59,000
Erie County, PA
$225,000
Franklin County, OH
$100,000
Los Angeles, CA
$299,000
Marietta, GA
$149,000
Peoria, AZ
$95,000
New Hanover County, NC
$290,000
Boca Raton, FL
$170,000
Allen County, IN
$259,000
Pierce County, WA
$90,000
$58,000,000
Scottsdale, AZ
$725,000
Scottsdale, AZ
$1,690,000
Palm Springs, CA
$200,000
Lincoln County, WV
$799,000
Orange, CA
$99,888
Locust Grove, GA
$130,000
Jay Feinberg
Mid Atlantic Commercial Real Estate
Serving Orange County, NY
Phoenix, AZ
$175,000
Lincoln, NE
$850,000
Dallas, TX
$180,000
Boca Raton, FL
$125,000
Dayton, OH
$214,900
Orange County, CA
$197,000
Smoke shops are a retail business catering to a diverse customer base with a focus on high-quality smoking and vaping products. This type of small business capitalizes on the growing popularity of vaping, e-cigarettes, and the lucrative market for high-end cigars. Additionally, the recent loosening of laws around marijuana and THC has opened up new opportunities for offering related products to a rapidly expanding customer base.
The financial data presented here is an aggregation of listing averages and should not be used to value any specific business. This data is a valuable guide, but it's essential to conduct thorough research on the specific market and location before making any significant business decisions.
Number of Businesses Analyzed |
435 |
Median Asking Price |
$241,250 |
Median Reported Revenue |
$480,000 |
Median Reported Earnings |
$150,000 |
Financials based on businesses that listed an asking price, annual revenue, and seller's discretionary earnings. |
Range |
Revenue |
Earnings (SDE) |
Lower Quartile |
0.37 |
1.45 |
Median |
0.55 |
2.13 |
Upper Quartile |
0.82 |
3.03 |
Revenue and earnings multiples based on reported revenue, seller's discretionary earnings, and asking price. |
Smoke Shop Business Valuation Multiples & Financial Benchmarks
How much does it cost to buy a smoke shop business?
The median asking price for an established smoke shop is $241,250, though prices range from around $100,000 to well over $1,000,000.
How much do smoke shop owners typically earn?
The median reported revenue among smoke shops for sale are $480,000 and owners earn a median of $150,000, which includes the owner's salary and any other financial benefits they receive.
How do I value a smoke shop for sale?
There are several ways to value a smoke shop business, but buyers and investors typically hinge their evaluation on a multiple of earnings and revenue. Based on our most recent analysis of smoke shop for sale listings, revenue multiples range from 0.37 to 0.82, with a median of 0.55. Earning multiples range from 1.45 to 3.03, with the median at 2.13. This means the average smoke shop may sell for around 0.55 times its annual revenue, and 2.13 times its annual owner earnings.
Set Up Alerts and Notifications
Business Buyer Learning Center