Houston, TX
ESTABLISHED MULTI-LOCATION SPECIALTY RETAIL CHAIN - HOUSTON, TX Prime acquisition opportunity for a well-established specialty retail chain operating 12 locations throughout the Greater Houston...
Cash Flow: $3,000,000
Houston, TX
ESTABLISHED MULTI-LOCATION SPECIALTY RETAIL CHAIN - HOUSTON, TX Prime acquisition opportunity for a well-established specialty retail chain operating 12 locations throughout the Greater Houston...
Cash Flow: $3,000,000

El Paso, TX
This turnkey smoke shop chain presents an exceptional investment opportunity with five established locations throughout El Paso, Texas. Operating since 2015, this fully absentee business generates...
Cash Flow: $813,000

Richardson, TX
The best smoke shop in Richardson is up for sale....
Cash Flow: $12,000

Harris County, TX
Established 12-Location Smoke Shop Specialty Retail Platform: Houston, TX A compelling opportunity to acquire an established, multi-location specialty retail platform operating 12 locations throughout...
Cash Flow: $3,000,000
The Colony, TX
Step into a turnkey opportunity with this well-established smoke shop located in a high-visibility area right off the highway. This prime location attracts a steady stream of new customers daily,...
Santa Fe, TX
We are selling Novelties Items, Tobacco accessories, Delta Products, Kratom, Detox products, Premium Cigars, CBD products, CBD Pets, Cigarillos & Cigarettes, Water Pipes, Trays, E-cig Vapes,...
Richmond, TX
Established Vape Shop for Sale in Richmond, TX This profitable smoke shop presents an excellent investment opportunity in the booming Fort Bend County market. Operating continuously with an...
Pflugerville, TX
ESTABLISHED DUAL-LOCATION SMOKE SHOP - AUSTIN, TEXAS Austin, 2 retail locations Turnkey smoke and vape retail operation featuring two established locations in the thriving Austin market. This...
Cash Flow: $160,000
Deer Park, TX
Arlington, TX
Available Nationwide
REAL ESTATE INCLUDED
Collin County, TX
Dallas, TX
Glenn Heights, TX
Allen, TX
San Antonio, TX
V-AID Business Investment
V-AID Group, Inc.
Serving Dallas County, TX
Solely focused on selling small to mid-size businesses since 2001, we have dedicated ourselves to being a trusted advisor to business owners desiring to achieve the highest and best price for the company they’ve built for years within the shortest amount of time. With deep expertise accumulated from hundreds of done deals, we work tirelessly to achieve superior results through our strategic planning and creative solutions tailored to each transaction while maintaining strict confidentiality. Combining our proprietary database of buyer network and industry-leading marketing, we offer a proven selling method that has been the solution to a value-added exit for hundreds of business owners. As a two-decade-long established business broker in Dallas and an M&A advisor in Dallas for many business owners, we are here to guide you in the right direction.
Houston, TX
Tarrant County, TX
Dallas, TX
Grand Prairie, TX
Grand Prairie, TX
Available Nationwide
Nacogdoches County, TX
Arlington, TX
Carrollton, TX
Allen, TX
Arlington, TX
The Colony, TX
Aubrey, TX
Frisco, TX
Granbury, TX
Frisco, TX
Available Nationwide
Harris County, TX
Carrollton, TX
Plano, TX
Palestine, TX
San Antonio, TX
Available Nationwide
Leander, TX
Arlington, TX
San Marcos, TX
Temple, TX
Plano, TX
Andrew Swartz
Optima Mergers and Acquisitions
Serving Dallas County, TX
Optima Mergers & Acquisitions is a premier sell-side advisory firm representing owners of lower middle market businesses with enterprise values between $10 million and $100 million. Headquartered in Dallas and serving clients nationwide, we specialize in guiding business owners through the complex process of selling their companies—maximizing value while minimizing disruption. Founded by experienced entrepreneurs and M&A professionals, Optima brings a strategic, client-first approach to every engagement. We focus exclusively on sell-side representation and manage the full lifecycle of the transaction: from valuation, positioning, and buyer outreach, to negotiation, due diligence, and closing. Our clients are typically founders or multi-generational business owners preparing for their first and only liquidity event. We work closely with them to craft a compelling investment thesis, identify the right buyers—including strategic acquirers, private equity firms, and family offices—and run a disciplined, competitive process that drives outcomes aligned with their goals. With decades of collective experience, industry-specific expertise, and a deep network of buyers and advisors, Optima delivers the insight, execution, and advocacy business owners need at one of the most pivotal moments of their careers. Whether you’re contemplating a sale in the near term or building toward an exit over the next few years, Optima is your trusted partner in unlocking the value you’ve built.
Coppell, TX
Frisco, TX
Frisco, TX
Grand Prairie, TX
Richardson, TX
Available Nationwide
Texas
Plano, TX
Plano, TX
Fort Worth, TX
Houston, TX
Available Nationwide
| Market Overview | Listings for Sale (Median) | Total Texas Market (Average) |
|---|---|---|
| Number of Businesses Analyzed | 30 | 933 |
| Asking Price | $272,500 | - |
| Reported Revenue | $516,000 | $1,718,046 |
| Reported Seller's Discretionary Earnings | $170,800 | $68,839 |
Asking Price
| Lower Quartile | Median | Upper Quartile |
|---|---|---|
| $182,500 | $272,500 | $665,000 |
Market Financial Highlights
The financial data presented here is an aggregation of reported revenue and earnings of Smoke Shops for sale in Texas.
| Bound | Revenue | Seller’s Discretionary Earnings |
|---|---|---|
| Lower Quartile | $336,480 | $80,026 |
| Median | $516,000 | $170,800 |
| Upper Quartile | $833,250 | $322,296 |
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 Texas.
| Bound | Revenue Multiple | Earnings Multiple |
|---|---|---|
| Lower Quartile | 0.40 | 1.26 |
| Median | 0.50 | 1.66 |
| Upper Quartile | 0.67 | 2.40 |
FAQ's
How much does it cost to buy a Smoke Shop in Texas?
The median asking price for an established Smoke Shop in Texas is $272,500, though prices range from under $182,500 to well over $665,000.
How much do Smoke Shops owners in Texas earn?
The median reported revenue of Smoke Shops in Texas is $516,000 and owners earn a median of $170,800, 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 Texas, revenue multiples range from 0.40 to 0.67, with a median of 0.50. Earning multiples range from 1.26 to 2.40, with the median at 1.66. This means the typical Smoke Shop in Texas may ask for around 0.50 times its annual revenue, and 1.66 times its annual owner earnings.
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