Mamaroneck, NY
Established Cigar Lounge & Retail Business for Sale in Mamaroneck, NY This turnkey cigar lounge and retail operation presents an exceptional opportunity to acquire a well-positioned business in the...

Mamaroneck, NY
Established Cigar Lounge & Retail Business for Sale in Mamaroneck, NY This turnkey cigar lounge and retail operation presents an exceptional opportunity to acquire a well-positioned business in the...
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Ziggy Marszalek
BizBrokerage Hub
Serving Nassau County, NY
Biz Brokerage Hub is a business brokerage firm that can assist you with placing your business up for sale, buying a franchise, locating an online business for sale or selecting a new business opportunity to buy. As seasoned business brokers, we have arranged for the sale and purchase of car washes, laundromats, spas, restaurants, services businesses, retail businesses, technology firms and the list goes on. If you are an individual looking for the right deal or a financial institution seeking a first-class team to handle a single transaction, multiple-asset acquisitions and representation across the United States, we have the experience, the technology and the organization to get the job done.
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| Market Overview | Listings for Sale (Median) | Total New York Market (Average) |
|---|---|---|
| Number of Businesses Analyzed | 15 | 591 |
| Asking Price | $199,000 | - |
| Reported Revenue | $420,000 | $2,366,286 |
| Reported Seller's Discretionary Earnings | $105,607 | $139,271 |
Asking Price
| Lower Quartile | Median | Upper Quartile |
|---|---|---|
| $100,000 | $199,000 | $287,000 |
Market Financial Highlights
The financial data presented here is an aggregation of reported revenue and earnings of Smoke Shops for sale in New York.
| Bound | Revenue | Seller’s Discretionary Earnings |
|---|---|---|
| Lower Quartile | $300,000 | $82,500 |
| Median | $420,000 | $105,607 |
| Upper Quartile | $903,185 | $152,500 |
Valuation Multiples
The valuation multiples listed below are derived from asking price, revenue, and seller's discretionary earnings of Smoke Shops listed for sale in New York.
| Bound | Revenue Multiple | Earnings Multiple |
|---|---|---|
| Lower Quartile | 0.35 | 1.67 |
| Median | 0.55 | 1.91 |
| Upper Quartile | 0.68 | 2.50 |
FAQ's
How much does it cost to buy a Smoke Shop in New York?
The median asking price for an established Smoke Shop in New York is $199,000, though prices range from under $100,000 to well over $287,000.
How much do Smoke Shops owners in New York earn?
The median reported revenue of Smoke Shops in New York is $420,000 and owners earn a median of $105,607, which includes the owners salary and any other financial benefits they receive.
How do I value a Smoke Shop?
Valuing a business is a complex process, but buyers and sellers often turn to the local market to understand how businesses are priced. Based on our most recent analysis of Smoke Shops in New York, revenue multiples range from 0.35 to 0.68, with a median of 0.55. Earning multiples range from 1.67 to 2.50, with the median at 1.91. This means the typical Smoke Shop in New York may ask for around 0.55 times its annual revenue, and 1.91 times its annual owner earnings.
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