Freestanding Storefront + Pylon Signage
Auction by Ten-X™
Lowell, MI
Online auction: September 14-16, 2026
2,300 SF Storefront For Sale...
Not Disclosed
Smoke Shops For Sale in Michigan
Market Info
24
Turnkey Smoke Shop Package - 2 Locations - High Traffic Areas
St. Clair County, MI
Here is your chance to own two profitable smoke shops located close to each other in St. Clair and Macomb County, Michigan. Both stores are in busy areas with strong customer traffic and are fully...
Turnkey Smoke Shop Package - 2 Locations - High Traffic Areas
Monroe County, MI
Here is your chance to own two profitable smoke shops located close to each other in Monroe County, Michigan. Both stores are in busy areas with strong customer traffic and are fully equipped for...
High Revenue "Vape City" in Downtown Brighton
Brighton, MI
Vape City is a highly profitable smoke shop strategically located in downtown Brighton, MI, generating impressive annual revenue of $900,000 with strong cash flow of $250,000. Established in 2023,...
6
Cash Flow: $250,000
Profitable Retail Store Specializing in Pipe Tobacco, Smoking Products
Mio, MI
Vape and Smoke Shop
Macomb County, MI
Profitable Smoke & Vape Shop | Low Rent | Inventory Included
Wayne County, MI
Smoke Shop in Prime Location | Low Rent | Huge Upside Potential
Wayne County, MI
Turnkey Vape & Smoke Shop | 3,000 Sq/Ft | Inventory Included
Livonia, MI
$48K SDE Lakefront Vape & Smoke Shop | Low Rent | High Traffic
Whitmore Lake, MI
My Salon Suite
Franchise
Available Nationwide
$60K SDE Smoke Shop | $150K+ Run Rate | Turnkey
Dearborn, MI
$250k INVENTORY - Smoke , Glass, and Cigar Store
Oakland County, MI
Smoke & Vape Shop in Oakland County
Oakland County, MI
Turn-Key Vape, Tobacco & Lottery Shop–Prime Location, Negotiable!
Flat Rock, MI
Smoke Shop & Tire Store in South Lansing, MI
Lansing, MI
AP Nazarian
Armen Nazarian Business Brokers
Serving Oakland County, MI
Armen Nazarian Business Brokers is committed to helping Buyers and Sellers in a fair, honest and professional manner while striving to keep the transaction as confidential as possible.
Contact me
Liquor Store Washtenaw County high Traffic
Washtenaw County, MI
Gaming Cards & More + Lease Option
Asset Sale
Holland, MI
Buy or Sell a Smoke Shop in Michigan
Smoke shops listed on BizBuySell include retail businesses specializing in smoking and vaping products, including premium cigars, e-cigarettes, vape accessories, hookahs, and related merchandise. Many shops also offer glassware, CBD products, and THC-related items where legally permitted. Business models are typically retail-focused, with revenue generated through in-store sales, loyalty programs, and in some cases, e-commerce platforms. Listings often feature established customer bases, high-margin inventory, and strong foot traffic in high-visibility locations. Some operations may also include real estate, private label product lines, or licensing for expanded product offerings—positioning them to serve a growing and evolving consumer market in the tobacco and alternative smoking sector.
| Market Overview | Listings for Sale (Median) | Total Michigan Market (Average) |
|---|---|---|
| Number of Businesses Analyzed | 6 | 378 |
| Asking Price | $102,450 | - |
| Reported Revenue | $170,000 | $967,599 |
| Reported Seller's Discretionary Earnings | $62,500 | $50,376 |
Financials based on businesses that listed an asking price, annual revenue, and seller's discretionary earnings.
For more in-depth sales and profitability data see:
Asking Price
| Lower Quartile | Median | Upper Quartile |
|---|---|---|
| $67,475 | $102,450 | $216,250 |
Market Financial Highlights
The financial data presented here is an aggregation of reported revenue and earnings of Smoke Shops for sale in Michigan.
| Bound | Revenue | Seller’s Discretionary Earnings |
|---|---|---|
| Lower Quartile | $144,950 | $51,250 |
| Median | $170,000 | $62,500 |
| Upper Quartile | $242,500 | $72,142 |
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 Michigan.
| Bound | Revenue Multiple | Earnings Multiple |
|---|---|---|
| Lower Quartile | 0.35 | 1.23 |
| Median | 0.69 | 2.76 |
| Upper Quartile | 2.64 | 5.43 |
FAQ's
How much does it cost to buy a Smoke Shop in Michigan?
The median asking price for an established Smoke Shop in Michigan is $102,450, though prices range from under $67,475 to well over $216,250.
How much do Smoke Shops owners in Michigan earn?
The median reported revenue of Smoke Shops in Michigan is $170,000 and owners earn a median of $62,500, 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 Michigan, revenue multiples range from 0.35 to 2.64, with a median of 0.69. Earning multiples range from 1.23 to 5.43, with the median at 2.76. This means the typical Smoke Shop in Michigan may ask for around 0.69 times its annual revenue, and 2.76 times its annual owner earnings.
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