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
Rosenberg, TX
Online auction: November 2-4, 2026
20,000 SF Storefront For Sale...
Not Disclosed

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
Dallas, TX
Available Nationwide
Deer Park, TX
Arlington, TX
REAL ESTATE INCLUDED
Collin County, TX
Dallas, TX
Glenn Heights, TX
Heather Valeri, Broker of Distinction
Meridian Business Advisors
Serving Houston County, TX
Ranked top 10 business brokerage firms in the USA and ranked #1 best business broker in Mount Pleasant, SC and #1 advisory firm in South Carolina. Meridian Business Advisors is a leader in industry and has a proven track record of successful sales and client satisfaction. Whether you represent an acquisition-minded corporation, or are personally interested in owning your own company, our company offers the professional services that successfully bring buyers and sellers together. From business brokerage to mergers and acquisitions; we are the business experts. We strive for complete confidentiality and work with our clients through all phases before and after the sale to ensure a smooth transition. We are also an independent business brokerage company and a trailblazer for the industry. We strive to raise the bar on best practices, technology and service. We are powered by the EXP Realty global network. Plus, part of the top 10 real estate team in the USA- Legacy Group International with over $100m in real estate sales for 2025.
Allen, TX
San Antonio, TX
Houston, TX
Tarrant County, TX
Dallas, TX
Available Nationwide
Grand Prairie, TX
Grand Prairie, TX
Nacogdoches County, TX
Arlington, TX
Carrollton, TX
Allen, TX
Arlington, TX
The Colony, TX
Aubrey, TX
Frisco, TX
Available Nationwide
Granbury, TX
Frisco, TX
Harris County, TX
Carrollton, TX
Plano, TX
Available Nationwide
Palestine, TX
San Antonio, TX
Leander, TX
Arlington, TX
San Marcos, TX
Michael Felan
Elan Capital, Inc.
Serving Dallas County, TX
Buying & Selling Businesses Expert financing assistance for acquisitions, mergers, or selling your established business. More Choices. More Solutions. Don't limit your business to a single bank's strict requirements. Elan Capital connects you to hundreds of global lending sources with one simple conversation.
Temple, TX
Plano, TX
Coppell, TX
Frisco, TX
Frisco, TX
Available Nationwide
Grand Prairie, TX
Richardson, TX
Texas
Plano, TX
Plano, TX
Available Nationwide
Fort Worth, TX
| 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 | 0.49 | 1.65 |
| 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 0.49. Earning multiples range from 1.26 to 2.40, with the median at 1.65. This means the typical Smoke Shop in Texas may ask for around 0.49 times its annual revenue, and 1.65 times its annual owner earnings.
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