Los Angeles, CA
$30,000
Smoke Shops For Sale
Industry Info
Asset SalePortable Type 4 Cannabis Nursery License for Sale
Asset SaleCannabis Manufacturing License Only For Sale
Los Angeles, CA
$30,000
Asset SalePortable Cannabis Distribution License Only For Sale
Los Angeles, CA
$30,000
Asset SalePortable Cannabis Distributor License for Sale
Los Angeles, CA
$30,000
Asset SaleREDUCED!! NEWLY Smoke shop with great potential for sale!
Pacific City, OR
$85,000
Asset SaleTurn key Cannabis Dispensary Somerset County
Somerset County, NJ
$850,000
Asset SaleNew York City Dispensary in Queens with Very High Foot Traffic
South Richmond Hill, NY
$2,000,000
Asset SaleManagement Service Opportunity Cannabis Type 6 Available
Oakland, CA
$10,000
Asset SaleConvenience Store with Real Estate
Nassau County, NY
$990,000
Asset SalePortable Cannabis Distribution Licenses For Sale (Los Angeles, CA)
Los Angeles, CA
$125,000
Asset SaleFully Opened Cannabis Dispensary in Somerset County
Somerset County, NJ
$1,900,000
Asset SaleFully Open Cannabis Dispensary In Camden County NJ
Camden County, NJ
$3,500,000
Asset SaleTurnkey Cannabis Dispensary In Essex County
Essex County, NJ
$850,000
Asset SaleAnnual Approved Retail Cannabis Dispensary License Long Lease in Place
New Jersey
$1,900,000
Asset SalePortable Cannabis Consumption Lounge License (West Hollywood, CA)
West Hollywood, CA
$599,000
Asset SaleOwner Absentee-Run Inventory Included Smoke Shop in Glendale!!
Glendale, AZ
$200,000
Michael Nunnery
Global Business Brokers & Valuations Inc
Serving Hillsborough County, FL
OUR FIRM Global Business Brokers & Valuations Inc. is your premier partner in transitioning your business into the hands of a new owner. Our firm is led by Michael Nunnery and Chris Hazelwood, whose expertise in real estate, business brokering, and financial analysis form the bedrock of our service portfolio. Michael, with nine years of experience in real estate and business brokering, brings an in-depth understanding of market trends and buyer behavior. Chris, a seasoned CPA, adds a layer of financial rigor with fifteen years of experience, ensuring that the valuation and presentation of your business are beyond reproach. Our approach is holistic and tailored; we understand that selling a business is not just a transaction but a life-changing event. Therefore, we take great care in understanding your business's unique story and potential, translating it into a compelling narrative for the market. We are committed to maintaining the highest level of professionalism and confidentiality, recognizing the trust you place in us to manage the sale of your most valuable asset. The journey of selling your business is complex and nuanced. We stand by you at every step, offering clarity and strategic advice. From initial assessment to closing the deal, our team's expertise ensures that your business is positioned strategically in front of the right buyers. With GBBV Inc., you're not just selling your business; you're setting the stage for its future and yours.
Contact me
Real EstateTurnkey Smoke Shop with Property in Prime Mixed-Use Building
Kitsap County, WA
$1,000,000
Real EstateTyler Smoke Shop Property for Sale
Tyler, TX
$275,000
Real EstateTurnkey Cannabis Dispensary In Oxford MI, FOR LEASE/SALE
Oxford, MI
Not Disclosed
Real EstateNew cannabis retail store
Burlington, WA
$800,000
Buy or Sell a Smoke Shop
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.
Market Snapshot
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. |
|
Smoke Shop Business Valuation Multiples
|
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. |
||
Read the Report
Smoke Shop Business Valuation Multiples & Financial Benchmarks
FAQs
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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