Hialeah, FL
$200,000
Hialeah, FL
$200,000
Pawtucket, RI
$150,000
Columbus, OH
$875,000
Las Vegas, NV
$75,000
Phoenix, AZ
$120,000
Bradenton, FL
$43,000
Los Angeles, CA
$180,000
Delaware
$6,500,000
Pittsburgh, PA
$2,500,000
Surprise, AZ
$829,000
Summit County, OH
$140,000
Orange County, CA
$175,000
Boulder, CO
$150,000
$399,999
Champaign, IL
$199,999
Columbus, OH
$160,000
Scott Reid
Parasell Inc
Serving Orange County, CA
ParaSell, Inc. is a national real estate services and consulting firm that specializes in commercial leasing and investment sales. We work with principals across the nation and have a proven process, proprietary time-saving technology, dedicated support staff and a relentless commitment to customer service.
Richmond, VA
$560,000
Summit County, OH
$140,000
Mesa, AZ
$649,000
Los Angeles, CA
$119,000
REAL ESTATE INCLUDED
Coconino County, AZ
$895,000
Orange County, CA
$230,000
Gainesville, FL
$45,000
Phoenix, AZ
$350,000
Harris County, TX
$115,000
District of Columbia, DC
$1,150,000
Maryland
$1,150,000
Greensboro, NC
$45,000
Allen County, IN
$125,000
Suffolk County, NY
$295,000
Stamford, CT
$150,000
Dallas County, TX
$110,000
Miami, FL
$80,000
Lewisville, TX
$100,000
New Haven County, CT
$475,000
Chattanooga, TN
$75,000
Baltimore County, MD
$179,000
Dinuba, CA
$175,000
Broward County, FL
$95,000
Dallas, TX
$175,000
Suffolk County, NY
$300,000
Sheridan, OR
$299,000
Glendale, AZ
$200,000
Dade City, FL
$100,000
Samantha Seine duPont
Premier Plus Realty
Serving Lee County, FL
Premiere Plus Realty has reached #1 in Transactions and Listings making it Southwest Florida Real Estate Leader! Luxury, Residential and Commercial Divisions sets it apart from the competition as we are working as a "Big Team". I am honored to be part of the Commercial Division and will my in-depth experience with numbers, business valuations and commercial real estate I can assist you in finding your dream business or selling your current one in view of retirement or change in career!
Broward County, FL
$295,000
Hallandale Beach, FL
$285,000
Kane County, IL
$150,000
REAL ESTATE INCLUDED
Massachusetts
$4,300,000
Denver County, CO
$1,000,000
Suffolk County, NY
$130,000
Chester County, PA
$309,000
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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