Richardson, TX
$15,000
Richardson, TX
$15,000
Grand Prairie, TX
$250,000
Grand Prairie, TX
$130,000
Graham, TX
$250,000
Paris, TX
$250,000
REAL ESTATE INCLUDED
Berrien County, MI
$429,000
Redondo Beach, CA
$50,000
Kingsburg, CA
$150,000
Los Angeles County, CA
$3,800,000
Cullman County, AL
$465,000
Etowah County, AL
$380,000
Sacramento, CA
$75,000
Grand Prairie, TX
$100,000
Addison, TX
$480,000
Pierce County, WA
$360,000
Tampa, FL
$225,000
Dave Raleigh
First Choice Business Brokers - West Charlotte
Serving Mecklenburg County, NC
First Choice Business Brokers is one of the largest business sales organizations in the U.S., listing over $12.5 Billion in businesses for sale since our founding in 1994. We assist business owners by locating and matching them with the right buyer. Additionally, we also work with business buyers to find the right business that meets their purchase criteria. With over 100 offices located throughout the U.S., we have sold thousands of businesses, of all types, confidentially and efficiently through our vast buyer networks.
REAL ESTATE INCLUDED
Baltimore County, MD
$1,598,000
San Antonio, TX
$3,900,000
Chicago, IL
$590,000
Milwaukee County, WI
$800,000
El Dorado County, CA
$150,000
Tampa, FL
$199,000
Allen, TX
$140,000
Sweetwater, FL
$135,000
Greensburg, PA
$175,000
Hays, KS
$100,000
Mckinney, TX
$525,000
Allen, TX
$490,000
Fort Worth, TX
$429,000
Cave Creek, AZ
$450,000
San Antonio, TX
$220,000
Caldwell County, MO
$175,000
Clay County, MO
$199,000
Dallas, TX
$149,000
Sandy Springs, GA
$105,000
Annandale, VA
$650,000
Fort Worth, TX
$599,000
Murrieta, CA
$150,000
Cecil County, MD
$950,000
Avondale, AZ
$1,000,000
Palmdale, CA
$155,000
South Windsor, CT
$60,000
Bedford County, TN
$990,000
Philip Boyd
Energy Exchange
Serving Cook County, IL
Selling Convenience Stores and Gas Stations throughout the United States.
Baltimore City County, MD
$399,000
Los Angeles County, CA
$850,000
Los Angeles County, CA
$275,000
Baltimore, MD
$60,000
Seguin, TX
$500,000
Las Vegas, NV
$925,000
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.
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