Kings County, NY
Busy convenience store in Brooklyn - Lotto Commission: $12K monthly - Net's $240K Offered at: $275K...

Kings County, NY
Busy convenience store in Brooklyn - Lotto Commission: $12K monthly - Net's $240K Offered at: $275K...

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...

Amsterdam, NY
New York Built out Licensed Seed to Sale Microbusiness & Expandable 20,000 SF Facility For Sale Option to Purchase Real Estate (Amsterdam, New York) #2091 Position yourself in New York’s growing...

New York, NY
New York Type 3 Branding License Wild Green Brand Opportunity For Sale (New York) #2089 Launch your own cannabis brand in New York without operating a manufacturing facility. This Adult-Use Processor...
New York, NY
Rare Opportunity: New York Adult-Use Cannabis MicroBusiness License For Sale (New York, USA) #2065 Capitalize on one of the fastest-growing cannabis markets in the country with this New York Adult-Use...
Albany, NY
Rare opportunity to acquire a fully operational, turnkey adult-use cannabis dispensary in one of the nation’s most tightly regulated cannabis markets. Rather than spending months—or potentially...
Patchogue, NY
New York, NY
Centerport, NY
Kings County, NY
Available in New York
Suffolk County, NY
Suffolk County, NY
Suffolk County, NY
Melville, NY
Suffolk County, NY
Michael Farruggia
Synergy Business Brokers
Serving Orange County, NY
Synergy Business Brokers is a leading Mergers & Acquisitions firm that sells successful businesses. If you are considering buying or selling a business, our business brokers and M&A professionals can provide you with experienced guidance. We offer a confidential consultation if you would like to discuss the possibility of selling your business. We want to understand your business, position it correctly to maximize your value, and then develop a strategy to help you achieve your goals with advisory services during the entire process. Most of the businesses that we represent have annual revenues between $700,000 and $250 million and a verifiable owner's annual net income (including profit, owner's salary, and benefits) of between $250,000 and $30 million. We have developed relationships with potential buyers throughout the United States and overseas. Synergy Business Brokers has won multiple awards for being the best business brokerage firm in the area, and we are committed to bringing that level of excellence to the process of selling your business. Please contact us if you are considering selling your business. Synergy Business Brokers offers you the following: · Nationwide Exposure · Award Winning Sales People · Honesty and Integrity · Affiliations with the most prestigious Associations · Network of local and national contacts · Confidential business sales · Experienced negotiators
Westchester County, NY
Nassau County, NY
Suffolk County, NY
Suffolk County, NY
Suffolk County, NY
Available Nationwide
Suffolk County, NY
Poughkeepsie, NY
Suffolk County, NY
Nassau County, NY
Victor, NY
Westchester County, NY
Queens, NY
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Rochester, NY
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Queens, NY
New York, NY
Buffalo, NY
Lancaster, NY
| Market Overview | Listings for Sale (Median) | Total New York Market (Average) |
|---|---|---|
| Number of Businesses Analyzed | 14 | 591 |
| Asking Price | $224,500 | - |
| Reported Revenue | $480,000 | $2,366,286 |
| Reported Seller's Discretionary Earnings | $103,996 | $139,271 |
Asking Price
| Lower Quartile | Median | Upper Quartile |
|---|---|---|
| $99,999 | $224,500 | $293,000 |
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 | $300,000 | $75,000 |
| Median | $480,000 | $103,996 |
| Upper Quartile | $1,146,371 | $155,000 |
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 | 0.34 | 1.69 |
| Median | 0.55 | 1.93 |
| Upper Quartile | 0.69 | 2.60 |
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 $224,500, though prices range from under $99,999 to well over $293,000.
How much do Smoke Shops owners in New York earn?
The median reported revenue of Smoke Shops in New York is $480,000 and owners earn a median of $103,996, 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 0.34 to 0.69, with a median of 0.55. Earning multiples range from 1.69 to 2.60, with the median at 1.93. This means the typical Smoke Shop in New York may ask for around 0.55 times its annual revenue, and 1.93 times its annual owner earnings.
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