Kings County, NY
Busy convenience store in Brooklyn - Lotto Commission: $12K monthly - Net's $240K Offered at: $275K...

Kings County, NY
Busy convenience store in Brooklyn - Lotto Commission: $12K monthly - Net's $240K Offered at: $275K...
Nassau County, NY
Well-established and profitable Vape & Smoke Shop located in a high-traffic area with consistent daily sales and a loyal customer base. The store offers a wide selection of vape products, premium...
Cash Flow: $77,725

Mamaroneck, NY
Established Cigar Lounge & Retail Business for Sale in Mamaroneck, NY This turnkey cigar lounge and retail operation presents an exceptional opportunity to acquire a well-positioned business in the...

Patchogue, NY
Centerport, NY
Kings County, NY
Suffolk County, NY
Suffolk County, NY
Suffolk County, NY
Melville, NY
Available Nationwide
New York, NY
Suffolk County, NY
Westchester County, NY
Nassau County, NY
Suffolk County, NY
Gregory Carafello
First Choice Business Brokers of Manhattan
Serving Saratoga County, NY
Founded in 1994, First Choice Business Brokers is one of the largest Business Sales Organizations in the world, with multiple offices located throughout the U.S. listing over $7 billion worth of businesses. Our New York City office consists of 1 Principal, 3 Associates, and administrative personnel. In addition, we have a select team of professional service providers we can recommend that can provide legal, accounting, planning, financing and various other services. First Choice Business Brokers is a member in good standing with the Better Business Bureau (A+ Rating). The FCBB office is located in Manhattan which covers the entire New York and New Jersey Regions. The Principle Broker, Gregory J. Carafello, has over 38 years of extensive Business Ownership experience as a small to medium sized business owner since 1998.
Suffolk County, NY
Suffolk County, NY
Suffolk County, NY
Poughkeepsie, NY
Suffolk County, NY
Available Nationwide
Nassau County, NY
Victor, NY
Westchester County, NY
Queens, NY
Suffolk County, NY
Rochester, NY
Suffolk County, NY
Queens, NY
| Market Overview | Listings for Sale (Median) | Total New York Market (Average) |
|---|---|---|
| Number of Businesses Analyzed | 16 | 591 |
| Asking Price | $224,500 | - |
| Reported Revenue | $480,000 | $2,366,286 |
| Reported Seller's Discretionary Earnings | $103,996 | $139,271 |
Asking Price
| Lower Quartile | Median | Upper Quartile |
|---|---|---|
| $100,000 | $224,500 | $320,500 |
Market Financial Highlights
The financial data presented here is an aggregation of reported revenue and earnings of Smoke Shops for sale in New York.
| Bound | Revenue | Seller’s Discretionary Earnings |
|---|---|---|
| Lower Quartile | $300,000 | $77,725 |
| Median | $480,000 | $103,996 |
| Upper Quartile | $1,300,000 | $160,000 |
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 New York.
| Bound | Revenue Multiple | Earnings Multiple |
|---|---|---|
| Lower Quartile | 0.29 | 1.57 |
| Median | 0.50 | 1.89 |
| Upper Quartile | 0.67 | 2.39 |
FAQ's
How much does it cost to buy a Smoke Shop in New York?
The median asking price for an established Smoke Shop in New York is $224,500, though prices range from under $100,000 to well over $320,500.
How much do Smoke Shops owners in New York earn?
The median reported revenue of Smoke Shops in New York is $480,000 and owners earn a median of $103,996, 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 New York, revenue multiples range from 0.29 to 0.67, with a median of 0.50. Earning multiples range from 1.57 to 2.39, with the median at 1.89. This means the typical Smoke Shop in New York may ask for around 0.50 times its annual revenue, and 1.89 times its annual owner earnings.
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