Yolo County, CA
$2,200,000
Yolo County, CA
$2,200,000
Baltimore County, MD
$799,000
Doral, FL
$110,000
Greenwich, CT
$295,000
Cook County, IL
$350,000
Carrollton, TX
$135,000
Corona Del Mar, CA
$140,000
Allegheny County, PA
$200,000
Mercer County, NJ
$210,000
Portland, OR
$1,349,000
Green Brook Township, NJ
$150,000
Pierce County, WA
$4,500,000
Novi, MI
$40,000
Warner Robins, GA
$129,000
Suffolk County, NY
$275,000
Tampa, FL
$640,000
Ken Stein
The Kensington Company
Serving Nassau County, NY
The Kensington Company is a leading merger and acquisitions firm delivering professionalism, integrity and extensive market experience to every transaction. There are numerous companies in today’s market place that attempt to bring business buyers and sellers together. There are few however, that offer their clients the degree of sophistication, experience and resources of our unique firm. At The Kensington Company we have expanded the traditional business brokerage firm model to offer our clients comprehensive services during their individualized transaction process. We are committed to representing our clients’ best interests throughout the transaction process, while bringing innovative and creative solutions to the multiple complex challenges as we guide our clients toward accomplishing their “right” transaction. Our 20 years of business experience, from start up companies to multi million dollar organizations, allows us to understand our clients concerns and needs. Our goal is to negotiate a "Win-Win" scenario for all involved parties. We offer various services from business valuations, complete memorandum packages, buyer representation, corporate searches, business consultation, and strategic planning. We are committed to helping all our clients achieve their desired business goals and objective. We offer a complete range of professional services focusing on both middle-market and smaller business transactions: -Mergers & Acquisitions -Businesses For Sale -Buy Side Services -Franchise Resales -Franchise Sales -Franchise Development -Consolidations -Business Valuations -Business Consulting
Oakland County, MI
$39,999
Wayne County, MI
$160,000
REAL ESTATE INCLUDED
Oklahoma County, OK
$1,300,000
REAL ESTATE INCLUDED
Winnebago County, IL
$1,800,000
Sunny Isles Beach, FL
$150,000
Erie County, PA
$225,000
Suffolk County, NY
$240,000
Los Angeles, CA
$55,000
Kenneth City, FL
$59,000
Erie County, PA
$225,000
Franklin County, OH
$100,000
Los Angeles, CA
$299,000
Marietta, GA
$149,000
Peoria, AZ
$95,000
New Hanover County, NC
$290,000
Boca Raton, FL
$170,000
Allen County, IN
$259,000
Columbus, OH
$285,000
Logan County, OH
$285,000
Pierce County, WA
$90,000
$58,000,000
Scottsdale, AZ
$725,000
Scottsdale, AZ
$1,690,000
Palm Springs, CA
$200,000
Lincoln County, WV
$799,000
Orange, CA
$99,888
Locust Grove, GA
$130,000
Phoenix, AZ
$175,000
Jay Feinberg
Mid Atlantic Commercial Real Estate
Serving Orange County, NY
Lincoln, NE
$850,000
Dallas, TX
$180,000
Boca Raton, FL
$125,000
Dayton, OH
$214,900
Orange County, CA
$197,000
Katy, TX
$170,000
Smoke shops are a retail business catering to a diverse customer base with a focus on high-quality smoking and vaping products. This type of small business capitalizes on the growing popularity of vaping, e-cigarettes, and the lucrative market for high-end cigars. Additionally, the recent loosening of laws around marijuana and THC has opened up new opportunities for offering related products to a rapidly expanding customer base.
The financial data presented here is an aggregation of listing averages and should not be used to value any specific business. This data is a valuable guide, but it's essential to conduct thorough research on the specific market and location before making any significant business decisions.
Number of Businesses Analyzed |
435 |
Median Asking Price |
$241,250 |
Median Reported Revenue |
$480,000 |
Median Reported Earnings |
$150,000 |
Financials based on businesses that listed an asking price, annual revenue, and seller's discretionary earnings. |
Range |
Revenue |
Earnings (SDE) |
Lower Quartile |
0.37 |
1.45 |
Median |
0.55 |
2.13 |
Upper Quartile |
0.82 |
3.03 |
Revenue and earnings multiples based on reported revenue, seller's discretionary earnings, and asking price. |
Smoke Shop Business Valuation Multiples & Financial Benchmarks
How much does it cost to buy a smoke shop business?
The median asking price for an established smoke shop is $241,250, though prices range from around $100,000 to well over $1,000,000.
How much do smoke shop owners typically earn?
The median reported revenue among smoke shops for sale are $480,000 and owners earn a median of $150,000, which includes the owner's salary and any other financial benefits they receive.
How do I value a smoke shop for sale?
There are several ways to value a smoke shop business, but buyers and investors typically hinge their evaluation on a multiple of earnings and revenue. Based on our most recent analysis of smoke shop for sale listings, revenue multiples range from 0.37 to 0.82, with a median of 0.55. Earning multiples range from 1.45 to 3.03, with the median at 2.13. This means the average smoke shop may sell for around 0.55 times its annual revenue, and 2.13 times its annual owner earnings.
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