Dallas, TX
$250,000

Dallas, TX
$250,000

Denton County, TX
$250,000

Bellwood, IL
$60,000

Irving, TX
$145,000
Racine, WI
$25,000
Mesa, AZ
$150,000
Warren, MI
$99,000
Merced, CA
$225,000
Hollywood, CA
$180,000
Loveland, CO
$199,995
Denton, TX
$185,000
Greater Toronto Area, ON
$1,200,000
Olympia, WA
$4,200,000
Seattle, WA
$1,995,000
Lacey, WA
$3,700,000
Las Vegas, NV
$100,000
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.
Franklin County, OH
$450,000
Mesa, AZ
$65,000
Chandler, AZ
$125,000
Mississippi
$959,000
Granbury, TX
$60,000
Suffolk County, NY
$100,000
Pasco County, FL
$225,000
Merced County, CA
$95,000
Brooklyn, NY
$375,000
Scottsdale, AZ
$69,000
Cook County, IL
$320,000
Stanislaus County, CA
$99,000
Clovis, CA
$189,000
Hartford County, CT
$329,000
Suffolk County, NY
$550,000
Los Angeles, CA
$120,000
Oakland County, MI
$110,000
Richardson, TX
$120,000
Gta East, ON
$300,000
Killeen, TX
$35,000
Tennessee
$947,700
Riverside, CA
$250,000
Houston, TX
$65,000
Bellflower, CA
$100,000
Phoenix, AZ
$1,250,000
Maricopa County, AZ
$2,600,000
Orange, CA
$124,888
Phoenix, AZ
$160,000
Michael Langford
Citizens Business Group
Serving Sacramento County, CA
Oakland, CA
$225,000
Hudson County, NJ
$3,800,000
Tyler, TX
$700,000
Fort Worth, TX
$120,000
The Colony, TX
$550,000
Temple, TX
$150,000
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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