Clovis, CA
Not Disclosed

Clovis, CA
Not Disclosed

Baldwin Park, CA
$350,000

Los Angeles, CA
$30,000

Birmingham, AL
$1,200,000
Orange County, CA
$120,000
Los Angeles, CA
$210,000
Los Angeles, CA
$90,000
Overland Park, KS
$75,000
Aurora, CO
$100,000
Cuyahoga County, OH
$550,000
Stark County, OH
$300,000
Stark County, OH
$300,000
Miami County, OH
$300,000
$2,400,000
El Paso, TX
Pueblo County, CO
$400,000
Frederick County, MD
$65,000
Jock Purtle
Business Exits Inc.
Serving Los Angeles County, CA
Queens, NY
$250,000
Orange, CA
$199,000
Suffolk County, NY
$249,999
Minnesota
$300,000
Minnesota
$215,000
Coppell, TX
$90,000
Phoenix, AZ
$999,999
Frisco, TX
$70,000
Denver, CO
$39,000
Somerset County, NJ
$495,000
Frisco, TX
$350,000
Grand Prairie, TX
$480,000
Richardson, TX
$250,000
Middlesex County, CT
$3,000,000
New Haven, CT
$300,000
Texas
$730,000
Fullerton, CA
$60,000
Suffolk County, NY
$149,999
Fairfax County, VA
$1,799,999
Falls Church, VA
$599,999
Plano, TX
$750,000
Nashville, TN
$157,700
Moore County, NC
$50,000
Lincoln, NE
$945,000
Montgomery County, PA
$225,000
Mesa, AZ
$999,000
Houston, TX
$329,670
Cincinnati, OH
$320,000
Lee Trammell
Drake Business Services
Serving Smith County, TX
It is impossible to be an expert at all different types of investments, much less have an effective marketing campaign, be “in the know,” and maintain a database of contacts across all asset classes. Drake takes a different approach when it comes to brokering business and real estate opportunities. At Drake, we break each type of investment into vertical markets, and carefully select a team member to be an expert in each market. Each agent is then able to spend 100% of their time every day on the daily activities in their area of expertise. This allows our agents to have a distinct advantage over our competitors who are distracted from their core business. As a result, our agents have a better understanding of market demand, marketing time, pricing, availability, marketing strategies, and client needs. Our structure also fosters an environment of sharing and creativity that gives the client the best experience possible.
Patchogue, NY
$199,000
Tampa, FL
$699,000
Washington, DC
$150,000
Anne Arundel County, MD
$3,000,000
Suffolk County, NY
$9,000,000
Shawnee, KS
$1,000,000
Windcrest, TX
$60,000
| Market Overview | Listed for Sale |
|---|---|
| Number of Businesses Analyzed | 225 |
| Median Asking Price | $315,000 |
| Median Reported Revenue | $540,000 |
| Median Reported Seller's Discretionary Earnings | $148,684 |
Asking Price
| Lower Quartile | Median | Upper Quartile |
|---|---|---|
| $179,000 | $315,000 | $730,000 |
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 | $360,000 | $84,000 |
| Median | $540,000 | $148,684 |
| Upper Quartile | $1,208,518 | $300,923 |
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 | 0.42 | 1.60 |
| Median | 0.57 | 2.17 |
| Upper Quartile | 0.80 | 2.95 |
| Find out what these types of businesses actually sell for with a BizBuySell Valuation Report | ||
FAQ's
How much does it cost to buy a Smoke Shop?
The median asking price for an established Smoke Shop is $315,000, though prices range from under $179,000 to well over $730,000.
How much do Smoke Shops owners earn?
The median reported revenue of Smoke Shops is $540,000 and owners earn a median of $148,684, 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 0.42 to 0.80, with a median of 0.57. Earning multiples range from 1.60 to 2.95, with the median at 2.17. This means the typical Smoke Shop may ask for around 0.57 times its annual revenue, and 2.17 times its annual owner earnings.
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