Kenton County, KY
$275,000

Kenton County, KY
$275,000

Las Vegas, NV
$65,000

Dade City, FL
$100,000

Stone Mountain, GA
$250,000
Indianapolis, IN
$200,000
Alexandria County, VA
$499,000
Torrance, CA
$45,000
REAL ESTATE INCLUDED
Cranston, RI
$2,750,000
Providence, RI
$1,900,000
Phoenix, AZ
$175,000
Allegheny County, PA
$200,000
Mercer County, NJ
$210,000
REAL ESTATE INCLUDED
Clarksville, TN
$1,850,000
Maryland
$1,150,000
Washington, DC
$1,150,000
Saint Petersburg, FL
$120,000
Dan Adkins
Dan Adkins
Serving Knox County, TN
The agents at Premier Brokerage bring together more than 58 years of combined experience in entrepreneurship, investing, consulting, and brokerage services, totaling over $75 Million in brokered transaction volume. As active entrepreneurs and investors, the team at Premier Brokerage understands the challenges and concerns faced by today’s owners, and the opportunities available for tomorrow.
San Diego County, CA
$395,000
Sacramento, CA
$75,000
Highland Park, CA
$125,000
Patchogue, NY
$199,000
Grand Prairie, TX
$100,000
Portland, OR
$125,000
Folsom, CA
$350,000
Bucks County, PA
$150,000
Fairfield County, CT
$4,395,000
St. Clair County, MI
$99,000
St. Clair County, MI
$99,000
Adrian, MI
$550,000
Long Beach, CA
$120,000
Suffolk County, NY
$290,000
Hartford County, CT
$300,000
Wake County, NC
$100,000
Butler County, OH
$40,000
Salinas, CA
$99,000
Thurston County, WA
Not Disclosed
EBITDA: $1,693,337
Suffolk County, NY
$275,000
Brevard County, FL
$299,000
Suffolk County, NY
$120,000
Rayville, LA
$1,599,000
Southlake, TX
$125,000
Chandler, AZ
$299,000
Not Disclosed
Cash Flow: $3,653,815
Chester County, PA
$309,000
Colorado
$10,000,000
Tad Shepperd
Legacy Advisors LLC
Serving Bergen County, NJ
Legacy Advisors LLC is a full-service business brokerage helping individuals and corporations buy and sell businesses. Our market focus is small to mid-size businesses. .
Greensburg, PA
$175,000
Suffolk County, NY
$235,000
Deer Park, TX
$99,000
Franklin County, OH
$150,000
Hays, KS
$100,000
Scottsdale, AZ
$1,250,000
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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