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REAL ESTATE INCLUDED
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We Sell Restaurants is the nation’s largest business broker franchise focused exclusively on the sale of restaurants. With 20 years of experience, we have helped buy, sell and lease more hospitality locations nationwide than any other brand. We Sell Restaurants has carved an unparalleled niche in the industry as the nation's leading and only business broker franchise focused on restaurants. Formed over two decades ago, We Sell Restaurants is a vibrant and innovative company that operates in 45 states nationwide and delivers on the founder's vision to Sell More Restaurants Than Anyone Else. PERIOD. Our team achieves that mission by sharing a common set of core values that include: We know that Every Day is Game Day and We Act Accordingly We Treat Each Other, Our Clients and Internal Clients by the Golden Rule We Act with Integrity and Only Make Agreements We Are Willing and Able to Keep We Are the Brand and are Passionate about Sales Results We Create a Customer Service Experience Worth Sharing With top-flight experience crafted over decades of selling restaurants, along with previous expertise working in small businesses and in senior leadership roles for a Big 5 Accounting firm and a major Fortune 100 company, We Sell Restaurants leadership has deep financial, branding and marketing experience in restaurants, and small and big business. This collective experience allowed them to take the fragmented brokerage market and build a specialized practice for selling only restaurants with a systemic approach never before seen in the industry. We Sell Restaurants has recruited an experienced leadership team with experience spanning decades in business brokerage, franchise sales and customer service and operations.
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| Market Overview | Listings for Sale (Median) | Total Market (Average) |
|---|---|---|
| Number of Businesses Analyzed | 262 | 12,478 |
| Asking Price | $269,500 | - |
| Reported Revenue | $520,000 | $1,412,206 |
| Reported Seller's Discretionary Earnings | $144,000 | $84,732 |
Asking Price
| Lower Quartile | Median | Upper Quartile |
|---|---|---|
| $139,999 | $269,500 | $693,750 |
Market Financial Highlights
The financial data presented here is an aggregation of reported revenue and earnings of Smoke Shops for sale.
| Bound | Revenue | Seller’s Discretionary Earnings |
|---|---|---|
| Lower Quartile | $300,000 | $75,000 |
| Median | $520,000 | $144,000 |
| Upper Quartile | $1,173,884 | $281,184 |
Valuation Multiples
The valuation multiples listed below are derived from asking price, revenue, and seller's discretionary earnings of Smoke Shops listed for sale.
| Bound | Revenue Multiple | Earnings Multiple |
|---|---|---|
| Lower Quartile | 0.37 | 1.46 |
| Median | 0.55 | 2.08 |
| Upper Quartile | 0.75 | 2.90 |
FAQ's
How much does it cost to buy a Smoke Shop?
The median asking price for an established Smoke Shop is $269,500, though prices range from under $139,999 to well over $693,750.
How much do Smoke Shops owners earn?
The median reported revenue of Smoke Shops is $520,000 and owners earn a median of $144,000, 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, revenue multiples range from 0.37 to 0.75, with a median of 0.55. Earning multiples range from 1.46 to 2.90, with the median at 2.08. This means the typical Smoke Shop may ask for around 0.55 times its annual revenue, and 2.08 times its annual owner earnings.
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