REAL ESTATE INCLUDED
Massachusetts
$4,300,000

REAL ESTATE INCLUDED
Massachusetts
$4,300,000

Marion County, KY
$180,000

Long Beach, CA
$109,000

Baltimore County, MD
$799,000
Doral, FL
$99,000
Greenwich, CT
$295,000
Carrollton, TX
$125,000
Corona Del Mar, CA
$140,000
Portland, OR
$1,199,000
Pierce County, WA
$4,500,000
Warner Robins, GA
$129,000
Tampa, FL
$664,700
REAL ESTATE INCLUDED
Oklahoma County, OK
$1,300,000
REAL ESTATE INCLUDED
Winnebago County, IL
Not Disclosed
Los Angeles, CA
$55,000
Los Angeles, CA
$299,000
Steven Friedman
SEZ BUSINESS CONSULTING AND BROKERAGE
Serving Palm Beach County, FL
South Florida's leading Boutique Business Consulting and Brokerage Firm. Whether you want to discreetly sell your business, or you are looking to acquire a business, we can help.
Boca Raton, FL
$170,000
Allen County, IN
$259,000
$58,000,000
Scottsdale, AZ
$725,000
Lincoln County, WV
$799,000
Orange, CA
$124,999
Locust Grove, GA
$130,000
Lincoln, NE
$850,000
Dallas, TX
$180,000
Boca Raton, FL
$125,000
Orange County, CA
$197,000
Katy, TX
$170,000
Lansing, MI
$500,000
Bloomington, IN
$1,200,000
Arleta, CA
$75,000
Las Vegas, NV
$99,000
Mesa, AZ
$580,000
Wichita, KS
$95,000
Phoenix, AZ
$699,000
Pueblo, CO
$650,000
Alaska
$2,400,000
Tampa, FL
$125,000
Rochester, NY
$499,000
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
Mike Lohbeck, CBI
MGL Business Solutions, LLC.
Serving Hamilton County, OH
Certified Business Intermediary Licensed Business Broker Business Development Advisor Estate Planning Team
Morris County, NJ
$99,000
Tempe, AZ
$50,000
Seattle, WA
$2,700,000
Dallas, TX
$480,000
Coppell, TX
$150,000
Gwinnett County, GA
$129,000
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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