New York, NY
Located in the heart of Canal Street, this smoke shop benefits from constant foot traffic from tourists, local residents, and surrounding retail businesses. Positioned on one of Manhattan’s busiest...
Cash Flow: $120,000

New York, NY
Located in the heart of Canal Street, this smoke shop benefits from constant foot traffic from tourists, local residents, and surrounding retail businesses. Positioned on one of Manhattan’s busiest...
Cash Flow: $120,000

Suffolk County, NY
Operating profitable and with separate licenses! $12M for all in package deal....
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...
Poughkeepsie, NY
Suffolk County, NY
Centerport, NY
Nassau County, NY
Melville, NY
Queens County, NY
Available Nationwide
Nassau County, NY
Victor, NY
Westchester County, NY
Queens, NY
Suffolk County, NY
Peter Gregory
First Choice Business Brokers
Serving Westchester County, NY
First Choice Business Brokers, Westchester NY FCBB Westchester is In our 4th Year Serving NY, NJ, CT We offer “Concierge-Level”, High-Touch Service Nationwide Representation working with a network 70 other FCBB brokers and 200 agents Typical: 5-6 Quality Listings per Agent to maintain Personalized Service to highly vetted sellers
Patchogue, NY
Nassau County, NY
Rochester, NY
Suffolk County, NY
Queens, NY
Available Nationwide
| Market Overview | Listings for Sale (Median) |
|---|---|
| Number of Businesses Analyzed | 12 |
| Asking Price | $225,000 |
| Reported Revenue | $463,000 |
| Reported Seller's Discretionary Earnings | $113,609 |
Asking Price
| Lower Quartile | Median | Upper Quartile |
|---|---|---|
| $170,000 | $225,000 | $356,750 |
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 | $345,000 | $93,750 |
| Median | $463,000 | $113,609 |
| Upper Quartile | $910,000 | $167,500 |
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 | 0.36 | 1.55 |
| Median | 0.45 | 1.67 |
| Upper Quartile | 0.67 | 1.94 |
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 $225,000, though prices range from under $170,000 to well over $356,750.
How much do Smoke Shops owners in New York earn?
The median reported revenue of Smoke Shops in New York is $463,000 and owners earn a median of $113,609, 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 0.36 to 0.67, with a median of 0.45. Earning multiples range from 1.55 to 1.94, with the median at 1.67. This means the typical Smoke Shop in New York may ask for around 0.45 times its annual revenue, and 1.67 times its annual owner earnings.
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