Rowlett, TX
$325,000
Rowlett, TX
$325,000
Canoga Park, CA
$169,000

Houston, TX
$329,670

Mesa, AZ
$1,550,000
Nashville, TN
$199,900
Phoenix, AZ
$260,000
Los Angeles, CA
$350,000
Hialeah, FL
$200,000
Pawtucket, RI
$65,000
Columbus, OH
$875,000
Las Vegas, NV
$75,000
Phoenix, AZ
$120,000
Glendale, AZ
$129,000
Bradenton, FL
$43,000
Los Angeles, CA
$180,000
Minnesota
$1,250,000
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.
Mckinney, TX
$790,000
Pittsburgh, PA
$2,500,000
Summit County, OH
$140,000
Orange County, CA
$175,000
Boulder, CO
$10,000
Champaign, IL
$199,999
Nassau County, NY
$320,000
Columbus, OH
$160,000
Montgomery County, PA
$130,000
Richmond, VA
$450,000
Mesa, AZ
$649,000
Orange County, CA
$190,000
Phoenix, AZ
$350,000
Harris County, TX
$115,000
Greensboro, NC
$45,000
Suffolk County, NY
$295,000
Phoenix, AZ
$225,000
Stamford, CT
$150,000
Dallas County, TX
$90,000
Miami, FL
$80,000
Lewisville, TX
$100,000
New Haven County, CT
$475,000
Baltimore County, MD
$179,000
Dinuba, CA
$175,000
Sheridan, OR
$299,000
Glendale, AZ
$200,000
Broward County, FL
$295,000
Kane County, IL
$150,000
Michael Langford
Citizens Business Group
Serving Sacramento County, CA
Harford County, MD
$850,000
REAL ESTATE INCLUDED
Massachusetts
$4,300,000
Chester County, PA
$1,267,000
Marion County, KY
$180,000
Long Beach, CA
$109,000
Baltimore County, MD
$799,000
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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