Pierce County, WA
$50,000

Pierce County, WA
$50,000

Port Saint Lucie, FL
$245,000
Tallahassee, FL
$150,000
Tallahassee, FL
$225,000
Frisco, TX
$250,000
Carrollton, TX
$115,000
Coppell, TX
$115,000
Grand Prairie, TX
$250,000
Grand Prairie, TX
$130,000
Graham, TX
$250,000
Paris, TX
$250,000
Redondo Beach, CA
$45,000
Kingsburg, CA
$150,000
Los Angeles County, CA
$3,800,000
Cullman County, AL
$465,000
Etowah County, AL
$380,000
Karen Schorkopf- Managing Director, TN Business Brokers
TN Business Brokers Group, LLC
Serving Davidson County, TN
Business Sales, Mergers & Acquisitions in the Southeast USA Commercial Real Estate Services We are affiliated with the largest full-service intermediary firm in multiple mid-south states, offering exit strategies to privately held business owners. From Main Street sales and mid-market transactions, to high-level mergers and acquisitions, we employ decades of collective experience in corporate practice and as brokers, and we observe the highest professional standards in our industry. Our buyers are sourced across the entire U.S.A. and include individual buyers, strategic buyers, investors and a variety of Private Equity Groups. Additionally, we focus on process and this consistent process together with a high level of confidentiality and professionalism is what draws the best privately owned business owners and executives to choose us to represent this most important decision in their lives. We are skilled and experienced in handling all types of industries including manufacturing, medical, healthcare, eCommerce, retail, restaurants, transportation, publishing, construction, engineering, financial services, sales and others.
Tempe, AZ
$250,000
Addison, TX
$480,000
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
Allen, TX
$115,000
Sweetwater, FL
$99,000
Mckinney, TX
$490,000
Allen, TX
$490,000
Fort Worth, TX
$429,000
Not Disclosed
EBITDA: $3,057,000
Cave Creek, AZ
$450,000
Covington, GA
$75,000
San Antonio, TX
$220,000
Clay County, MO
$199,000
Dallas, TX
$149,000
Sandy Springs, GA
$85,000
Annandale, VA
$599,000
Fort Worth, TX
$599,000
Cecil County, MD
$950,000
Palmdale, CA
$155,000
Bedford County, TN
$990,000
Baltimore City County, MD
$399,000
Los Angeles County, CA
$850,000
Baltimore, MD
$60,000
Seguin, TX
$500,000
Ram King
White House Global Properties
Serving Fort Bend County, TX
Ram King is a Houston-based commercial real estate broker associate with a focus on business sales, leasing, and investment properties. With experience across multiple asset classes — including restaurants, retail storefronts, medical offices, and mixed-use spaces — Ram works closely with business owners, landlords, and investors to structure deals that make sense both financially and operationally. He’s known for his practical negotiation style, strong market knowledge, and ability to simplify complex transactions. Whether it's helping a business owner exit, a buyer take over operations, or a landlord secure a long-term tenant, Ram provides honest guidance with a no-pressure, client-first approach. His listings often include both the business and the lease, giving new operators a chance to hit the ground running. He also assists buyers with lease negotiation, letters of intent, and transition planning when acquiring an existing operation.
San Benito County, CA
$400,000
Denton, TX
$190,000
Nassau County, NY
$990,000
Chicago, IL
$50,000
Dallas, TX
$250,000
Denton County, TX
$250,000
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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