Boca Raton, FL
$125,000
Boca Raton, FL
$125,000
Dayton, OH
$214,900
Orange County, CA
$197,000
Katy, TX
$170,000
Atlanta, GA
$350,000
Salinas, CA
$99,000
Lansing, MI
$500,000
Suffolk County, NY
$199,000
Bloomington, IN
$1,200,000
Arleta, CA
$75,000
Las Vegas, NV
$225,000
Mesa, AZ
$580,000
Wichita, KS
$95,000
Phoenix, AZ
$699,000
Pueblo, CO
$800,000
Alaska
$2,400,000
James D. (Jim) Orum
The Lone Star Consultancy
Serving Texas
Regardless of the size of the business you want to 'buy' or 'sell', we are experienced in the process from both sides. We will assist with Business Valuations to determine a marketable ' Asking Price'. We will advise from the LOI, due diligence, data room through a successful 'closing'.
Tampa, FL
$125,000
Rochester, NY
$499,000
Bergen County, NJ
$30,000
Maricopa County, AZ
$175,000
Tillamook, OR
$350,000
Las Vegas, NV
$99,000
Suffolk County, NY
$200,000
Suffolk County, NY
$115,000
Middlesex County, NJ
$99,000
Harford County, MD
$199,000
Morris County, NJ
$99,000
Tempe, AZ
$75,000
Seattle, WA
$2,700,000
Dallas, TX
$480,000
Coppell, TX
$150,000
Gwinnett County, GA
$129,000
Glendale, AZ
$95,000
Tempe, AZ
$329,000
Marietta, GA
$65,000
Clarkston, GA
$350,000
Sonoma County, CA
$260,000
Irving, TX
$75,000
Bloomfield, NJ
$159,000
Greeley, CO
$160,000
Pierce County, WA
$50,000
Port Saint Lucie, FL
$245,000
Tallahassee, FL
$150,000
Tallahassee, FL
$225,000
Vinod Desar
Berkshire Hathaway California Realty Commercial Division
Serving Riverside County, CA
We are a leader in the commercial real estate industry, offering a robust suite of services to our business, multifamily and commercial property clients. Powered by deep relationships and industry-changing technology, our professionals sell, finance, and service commercial real estate, providing support for the entire life cycle of our clients’ assets. Our unique ownership structure allows us to put our clients’ interests first and create a marketplace that delivers a superior experience.
Winnetka, CA
$135,000
Colorado Springs, CO
$225,000
Frisco, TX
$250,000
Carrollton, TX
$135,000
Coppell, TX
$135,000
Richardson, TX
$15,000
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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