Chester County, PA
Smoke Shops For Sale


Manatee County, FL

Suffolk County, NY

Downey, CA
Palestine, TX
Maryland
Bucks County, PA
E Baton Rouge County, LA
Suffolk County, NY
Cincinnati, OH
Ocean Shores, WA
Paramount, CA
Fort Lauderdale, FL
Hialeah, FL
Fort Lauderdale, FL
Hialeah, FL
Chris Springfield, CBI, CM&AA, PMP
Springfield Strategies, LLC
Serving Fulton County, GA
Complimentary Valuations and Success Fee-Based Services. Deciding to sell the business you’ve worked so hard to build is a major event for most entrepreneurs. Understanding how to choose a qualified Intermediary is critical to a successful exit. At Springfield Strategies, we leverage our years of experience with confidential business sales to gather data on current market trends and analyze your key value drivers to get the maximum selling price for your business. From exit planning to the closing table, we have the expertise to guide you to a successful transaction. Our motto is Plan. Execute. Exit
Miami, FL
Orlando, FL
Seattle, WA
Jasper County, MO
Seattle, WA
San Antonio, TX
Pittsburgh, PA
Miami, FL
Wayne County, MI
Wayne County, MI
Livonia, MI
San Bernardino, CA
Leander, TX
Bothell, WA
Seattle, WA
Temecula, CA
Pocono Summit, PA
Middlesex County, NJ
Hamilton County, IN
Milwaukee County, WI
Jacksonville, FL
Poughkeepsie, NY
Mesa, AZ
Richmond City County, VA
Middlesex County, NJ
Suffolk County, NY
Lawrence, KS
Fort Lauderdale, FL
Eric Voide
Rivo Consulting Group
Serving Hartford County, CT
RCG was started 20 years ago by founder and CEO, Eric W. Voide. A native of CT, Eric realized early success in buying and selling businesses. After structuring a huge real estate acquisition deal while working for a private equity firm in NYC, Eric took his buy out and RCG was born. Continuing a tradition of representing business principals the way we would want to be represented, RCG does not collect arbitrary fees or mass listings just to appear busy. In fact, we are very selective about the businesses we select for representation. RCG is different.... we don't compete in any category, we create our own category!
Lancaster County, PA
Somerset County, NJ
Glendale, AZ
San Marcos, TX
Whitmore Lake, MI
Miami, FL
| 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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