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...
New York, NY
New York Type 3 Branding License | Exclusive Wild Green Cannabis Brand Opportunity For Sale (New York) #2017 Immediate opportunity to acquire a New York Adult-Use Processor Type 3 Branding License....
New York, NY
Portable Cannabis Adult use Retail Dispensary License Portable New York Adult Use Retail License For Sale (New York, USA) #2011 Immediate opportunity to acquire a New York Adult-Use Retail Cannabis...
New York, NY
Cannabis CAURD Conditional Adult-Use Retail Dispensary License For Sale (New York, USA) #2009 Unlock one of the most sought-after opportunities in the New York cannabis market: a CAURD (Conditional...
New York, NY
Adult-Use Cannabis Type 3 Processor Branding License for Sale (New York, USA) #1970 This is an excellent opportunity to acquire a newly issued Type 3 Processor Branding License for adult-use cannabis...
New York, NY
Rare New York Cannabis Type 1 Processing License For Sale (New York, USA) #2021 Opportunity to acquire a New York State Cannabis Processing License only. This is a paper license opportunity ideal for...
Poughkeepsie, NY
Available Nationwide
Suffolk County, NY
Centerport, NY
Nassau County, NY
Melville, NY
Queens County, NY
Angelo A. Ferrara
Rapt Business Brokers
Serving Nassau County, NY
Rapt is a middle market intermediary firm involved in business brokering, valuations, commercial RE & finance, and business planning/coaching. Our company name, Rapt, was chosen to convey our deep commitment to providing our complete, undivided attention to our task. We are professionals who approach each of our engagements with Intensity, Integrity, Fairness and Honesty. Our basic strategy is to negotiate on merits and conduct principled negotiations, requiring that both parties negotiate on objective standards that focus on interests and not positions. This strategy is best accomplished by presenting mutually advantageous options (“win-win” options) that make it easier to reach a conclusion. In our experience, this expedites the process and leads to successful negotiations that are acceptable to both sides. Our relationship with the owner of a privately held company is a highly personalized hands-on service. We do not hand off work to junior associates once an agreement has been signed to represent a client company. We work closely with owners and their advisors from the beginning to gain an in-depth level of knowledge about the company. Every organization is different and we strive to gain an understanding of the uniqueness of each company that ultimately becomes a driver in the associated value. Our principal, Angelo A. Ferrara, has advanced degrees in both business administration and engineering and has taught finance courses to MBA candidates. Prior to opening Rapt, he operated a manufacturing company and brings a “hands on” business experience to the buying and selling process. He is a member of the International Business Brokers Association (IBBA) and has achieved their designation as a Certified Business Intermediary (CBI). As one who has experienced owning and operating his own business, he understands that in he must act as a mentor to his client as well conduct successful negotiations.
Nassau County, NY
Victor, NY
Westchester County, NY
Queens, NY
Suffolk County, NY
Available Nationwide
Patchogue, NY
Nassau County, NY
Rochester, NY
Suffolk County, NY
Queens, NY
Bronx, NY
Vernon, NY
| 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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