Loganville, GA
$129,000
Loganville, GA
$129,000
Clearwater, FL
$500,000
West Of Gta, ON
$1,400,000
REAL ESTATE INCLUDED
Anne Arundel County, MD
$2,200,000
Longwood, FL
$790,000
Orlando, FL
$199,000
Indiana
Glendale, AZ
$165,000
Costa Mesa, CA
$499,000
Los Angeles, CA
$100,000
Oakland, CA
$420,420
Orlando, FL
$139,000
Wausau, WI
$90,000
Utica, NY
$420,420
Burlington County, NJ
$1,600,000
New York, NY
$549,000
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.
Los Angeles, CA
$30,000
Los Angeles, CA
$30,000
Los Angeles, CA
$30,000
Los Angeles, CA
$30,000
Oakland, CA
$399,000
Los Angeles, CA
$30,000
West Hollywood, CA
$340,000
Sacramento, CA
$485,000
Los Angeles, CA
$175,000
Pacific City, OR
$100,000
Somerset County, NJ
$850,000
South Richmond Hill, NY
$2,000,000
Lompoc, CA
$140,000
Portland, OR
$1,990,000
Sacramento, CA
$99,000
Oakland, CA
$10,000
Nassau County, NY
$990,000
Los Angeles, CA
$125,000
Somerset County, NJ
$1,900,000
Camden County, NJ
$3,500,000
Essex County, NJ
$850,000
New Jersey
$1,900,000
West Hollywood, CA
$599,000
Glendale, AZ
$200,000
Nashville, TN
$299,900
San Diego, CA
Kitsap County, WA
$1,000,000
Houston, TX
Philip Boyd
Energy Exchange
Serving Cook County, IL
Selling Convenience Stores and Gas Stations throughout the United States.
Tyler, TX
$275,000
Oxford, MI
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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