St Lucie County, FL
$325,000

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
Glendale, AZ
$235,000
Stevenson Ranch, CA
$220,000
Monticello, AR
$300,000
Los Angeles, CA
$200,000
Groveland, FL
$375,000
Reedley, CA
$150,000
Fresno, CA
$80,000
Bakersfield, CA
$125,000
Suffolk County, NY
$125,000
Phoenix, AZ
$900,000
Justin Staub
JS Business Solution
Serving Cumberland County, PA
In the dynamic world of business, JS Business Solutions stands out for its specialized expertise. Based in Carlisle, PA, Justin Staub specializes in assisting business owners seeking retirement or looking to enhance the value of their business for a strategic sale.
Tampa, FL
$400,000
Phoenix, AZ
$1,290,000
Philadelphia, PA
$375,000
Aurora, CO
$140,000
Knox County, TN
$185,000
Clearwater, FL
$500,000
REAL ESTATE INCLUDED
Anne Arundel County, MD
$2,200,000
Longwood, FL
$790,000
San Diego, CA
$420,420
Gardner, KS
$22,000
Northridge, CA
$20,000
Providence County, RI
$99,000
Atlantic County, NJ
$1,750,000
Chula Vista, CA
$1,250,000
Murrieta, CA
$125,000
Carteret, NJ
$175,000
New York
$225,000
Las Vegas, NV
$120,000
Carteret, NJ
$99,000
Wausau, WI
$65,000
Burlington County, NJ
$775,000
Pacific City, OR
$85,000
Somerset County, NJ
$850,000
South Richmond Hill, NY
$2,000,000
Nassau County, NY
$990,000
Somerset County, NJ
$1,900,000
Camden County, NJ
$3,500,000
Essex County, NJ
$850,000
Jacob Nguyen
Northeast Realty & Management
Serving Bergen County, NJ
NERnM is a full-service Real Estate Firm, serving clients throughout all county of north New Jersey and 5 boroughs of NYC. We are proud to serve professional and personalized services, as well as guidance for a wide range of Real Estate and Investment needs.
Glendale, AZ
$200,000
Washington, DC
$2,000,000
Kitsap County, WA
$1,000,000
Tyler, TX
$275,000
Oxford, MI
Not Disclosed
Burlington, WA
$800,000
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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