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Smoke Shops For Sale
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Gaming Cards & More + Lease Option
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Jared Dutton
Keller Williams Commercial Legacy Group
Serving Stark County, OH
Jared is the oldest of 4 siblings and grew up in Real Estate business that his Grandfather, Dwight "Tom" Dutton started in 1959 as “The Dutton Agency” selling Farms & Equipment via Auction. The Dutton Agency began to provide a wider range of Real Estate Services and eventually grew to having Associates cover over 13 States, Canada, and the Bahamas. Through our 50+ years in the Real Estate and Auction Business, our family Dutton Real Estate Group, has sold more than 5,000 properties and 100,000+ Acres in Ohio, Pennsylvania, Michigan, New York, and West Virginia. In 2017 the we teamed with Keller Williams International and their network of Associates.
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Buy or Sell a Smoke Shop
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 Market (Average) |
|---|---|---|
| Number of Businesses Analyzed | 249 | 12,478 |
| Asking Price | $275,000 | - |
| Reported Revenue | $538,197 | $1,412,206 |
| Reported Seller's Discretionary Earnings | $144,210 | $84,732 |
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 |
|---|---|---|
| $149,000 | $275,000 | $600,000 |
Market Financial Highlights
The financial data presented here is an aggregation of reported revenue and earnings of Smoke Shops for sale.
| Bound | Revenue | Seller’s Discretionary Earnings |
|---|---|---|
| Lower Quartile | $300,000 | $77,951 |
| Median | $538,197 | $144,210 |
| Upper Quartile | $1,072,500 | $275,250 |
Valuation Multiples
The valuation multiples listed below are derived from asking price, revenue, and seller's discretionary earnings of Smoke Shops listed for sale.
| Bound | Revenue Multiple | Earnings Multiple |
|---|---|---|
| Lower Quartile | 0.38 | 1.46 |
| Median | 0.55 | 2.09 |
| Upper Quartile | 0.76 | 2.92 |
FAQ's
How much does it cost to buy a Smoke Shop?
The median asking price for an established Smoke Shop is $275,000, though prices range from under $149,000 to well over $600,000.
How much do Smoke Shops owners earn?
The median reported revenue of Smoke Shops is $538,197 and owners earn a median of $144,210, 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, revenue multiples range from 0.38 to 0.76, with a median of 0.55. Earning multiples range from 1.46 to 2.92, with the median at 2.09. This means the typical Smoke Shop may ask for around 0.55 times its annual revenue, and 2.09 times its annual owner earnings.
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