Tennessee
$947,700
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
$110,999
Phoenix, AZ
$160,000
Oakland, CA
$225,000
Hudson County, NJ
$3,800,000
Tyler, TX
$700,000
Fort Worth, TX
$120,000
The Colony, TX
$550,000
Houston, TX
$75,000
Temple, TX
$150,000
Arlington, TX
$120,000
Ben Strake
Premier Business Brokers
Serving St. Louis County, MO
About Us Premier Business Brokers & Business Acquisitions Ltd are full-service business transaction firms specializing in the confidential process of buying and selling privately held companies. Every business is unique, and every business owner has distinct objectives. We specialize in understanding those many variables and in knowing how to address them most effectively. The result of our approach is client satisfaction through a long list of successful business transactions. Our combined firms utilizes a collection of proprietary and third-party tested resources. The outcome is a pass-through benefit to every client we encounter. Our offices are based in St. Louis, Missouri & Denver Colorado.
Paris, TX
$215,000
Frisco, TX
$550,000
Sierra Vista, AZ
$65,000
Sandy Spring, MD
$270,000
Carrollton, TX
$750,000
Las Vegas, NV
$200,000
St Lucie County, FL
$325,000
Dallas, TX
$275,000
Gta
$1,700,000
Colorado Springs, CO
$1,500,000
Queens, NY
$385,000
Phoenix, AZ
$135,000
Indianapolis, IN
$250,000
Glendale, AZ
$250,000
Stevenson Ranch, CA
$220,000
Monticello, AR
$300,000
Los Angeles, CA
$200,000
Groveland, FL
$375,000
Greenville County, SC
$150,000
Stockton, CA
$299,000
Reedley, CA
$150,000
Costa Mesa, CA
$999,000
Round Lake Beach, IL
$145,000
REAL ESTATE INCLUDED
Nassau County, NY
$1,999,999
Fresno, CA
$80,000
Bakersfield, CA
$125,000
Suffolk County, NY
$125,000
Glendora, CA
$99,888
Hannah Null
Invest Real Estate Team
Serving Tulsa County, OK
Phoenix, AZ
$900,000
Tampa, FL
$400,000
Phoenix, AZ
$1,290,000
Philadelphia, PA
$375,000
Knox County, TN
$185,000
Loganville, 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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