Arlington, TX
$120,000
Arlington, TX
$120,000
Paris, TX
$215,000
Frisco, TX
$550,000

Sierra Vista, AZ
$65,000
Sandy Spring, MD
$270,000
Carrollton, TX
$750,000
Las Vegas, NV
$200,000
St Lucie County, FL
$325,000
Dallas, TX
$275,000
Gta
$1,700,000
Colorado Springs, CO
$1,500,000
Queens, NY
$385,000
Phoenix, AZ
$135,000
Glendale, AZ
$250,000
Stevenson Ranch, CA
$220,000
Monticello, AR
$300,000
Steve Tsoris
NewLeaf Business Brokerage, LLC
Serving Mecklenburg County, NC
NewLeaf Business Brokerage connects the best buyers and sellers of businesses across all industries. With over 35 years of domestic and international M&A experience, NewLeaf provides sellers and buyers with a level of expertise and experience to execute transactions with professionalism, diligence and care.
Los Angeles, CA
$200,000
Groveland, FL
$375,000
Greenville County, SC
$150,000
Stockton, CA
$299,000
Reedley, CA
$150,000
Costa Mesa, CA
$999,000
Round Lake Beach, IL
$145,000
Fresno, CA
$80,000
Bakersfield, CA
$125,000
Suffolk County, NY
$125,000
Phoenix, AZ
$900,000
Tampa, FL
$400,000
Phoenix, AZ
$1,290,000
Philadelphia, PA
$375,000
Aurora, CO
$140,000
Knox County, TN
$185,000
Loganville, GA
$129,000
Clearwater, FL
$500,000
REAL ESTATE INCLUDED
Anne Arundel County, MD
$2,200,000
Longwood, FL
$790,000
Indiana
Not Disclosed
EBITDA: $2,108,783
Glendale, AZ
$165,000
Los Angeles, CA
$425,000
Murrieta, CA
$125,000
New York, NY
$375,000
Los Angeles, CA
$25,000
San Diego, CA
$199,000
Las Vegas, NV
$420,420
Michael Langford
Citizens Business Group
Serving Sacramento County, CA
New York
$225,000
Oakland, CA
$420,420
Orlando, FL
$139,000
Las Vegas, NV
$120,000
Carteret, NJ
$125,000
Wausau, WI
$87,500
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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