Austin, TX
Confidential opportunity to acquire one or more highly profitable smoke shop locations in the Austin, TX metro area — or purchase the full package, which includes four established retail stores and a...
Cash Flow: $600,000

Austin, TX
Confidential opportunity to acquire one or more highly profitable smoke shop locations in the Austin, TX metro area — or purchase the full package, which includes four established retail stores and a...
Cash Flow: $600,000

El Paso, TX
This turnkey smoke shop chain presents an exceptional investment opportunity with five established locations throughout El Paso, Texas. Operating since 2015, this fully absentee business generates...
Cash Flow: $813,000
Dallas, TX
Online auction: June 22-24, 2026
8,402 SF Freestanding For Sale...
Not Disclosed
Dallas, TX
ESTABLISHED SMOKE & VAPE SHOP FOR SALE – DALLAS, TX Well-established smoke and vape retail business offering significant growth potential for an experienced operator in the thriving Dallas market....
Cash Flow: $84,267
The Colony, TX
Step into a turnkey opportunity with this well-established smoke shop located in a high-visibility area right off the highway. This prime location attracts a steady stream of new customers daily,...
Addison, TX
High value location, high profit business with low overhead costs and easy cash flow....
Cash Flow: $120,000
Farmers Branch, TX
- Prime Corner Location: Situated on high volume major street in Farmers Branch, offering excellent visibility and steady foot traffic. - Spacious Interior: Approximately 1,700 sq. ft. of...
Cash Flow: $100,000
San Antonio, TX
Dallas, TX
Leander, TX
Available Nationwide
Dallas, TX
Irving, TX
Arlington, TX
San Marcos, TX
Frisco, TX
Steve Schemmel
Gatsby Advisors
Serving Harris County, TX
Gatsby Advisors Brokerage, led by Charles Patawaran, CCIM — President & Janitor, helps high-net-worth investors and entrepreneurs acquire, scale, and exit cash-flowing businesses and commercial real estate. As one of the youngest CCIM brokers in the U.S., Charles brings a unique mix of investment banking mindset and deal-maker grit to every transaction. Our fully refundable retainer model ensures mutual commitment and results. We don’t compete for clients — we partner with serious investors ready to build wealth, buy freedom, and close with confidence.
Grand Prairie, TX
Temple, TX
El Paso, TX
Grand Prairie, TX
Houston, TX
Available Nationwide
Arlington, TX
Plano, TX
Dallas, TX
Coppell, TX
Frisco, TX
Frisco, TX
Grand Prairie, TX
Richardson, TX
Texas
Plano, TX
Available Nationwide
Windcrest, TX
Allen, TX
Irving, TX
Fort Worth, TX
Plano, TX
Available Nationwide
The Colony, TX
Deer Park, TX
Dallas, TX
Coppell, TX
Frisco, TX
Joanie Keays
Exit Strategy Brokerage
Serving Hood County, TX
We specialize in connecting the right buyer to the right seller. Most seller's aren't looking to just sell their business and hand it over to anyone because they have worked so hard to make it what it has become today. We take the extra time to walk through the existing business model with the buyer to see if it would be a good fit for them and find out if they would like to maintain the existing business or take it to the next level! One of our transactions was featured in a Forbes article in 2018: https://www.forbes.com/sites/bobhouse/2018/10/08/schools-out-a-one-million-dollar-lesson-on-selling-a-business/#a721b44ab25b
Paris, TX
Addison, TX
Fort Worth, TX
Dallas, TX
Houston, TX
Available Nationwide
| Market Overview | Listings for Sale (Median) |
|---|---|
| Number of Businesses Analyzed | 28 |
| Asking Price | $190,000 |
| Reported Revenue | $416,000 |
| Reported Seller's Discretionary Earnings | $132,000 |
Asking Price
| Lower Quartile | Median | Upper Quartile |
|---|---|---|
| $149,750 | $190,000 | $472,500 |
Market Financial Highlights
The financial data presented here is an aggregation of reported revenue and earnings of Smoke Shops for sale in Texas.
| Bound | Revenue | Seller’s Discretionary Earnings |
|---|---|---|
| Lower Quartile | $295,000 | $90,000 |
| Median | $416,000 | $132,000 |
| Upper Quartile | $549,000 | $223,296 |
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 Texas.
| Bound | Revenue Multiple | Earnings Multiple |
|---|---|---|
| Lower Quartile | 0.41 | 1.36 |
| Median | 0.45 | 1.58 |
| Upper Quartile | 0.69 | 2.32 |
FAQ's
How much does it cost to buy a Smoke Shop in Texas?
The median asking price for an established Smoke Shop in Texas is $190,000, though prices range from under $149,750 to well over $472,500.
How much do Smoke Shops owners in Texas earn?
The median reported revenue of Smoke Shops in Texas is $416,000 and owners earn a median of $132,000, 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 Texas, revenue multiples range from 0.41 to 0.69, with a median of 0.45. Earning multiples range from 1.36 to 2.32, with the median at 1.58. This means the typical Smoke Shop in Texas may ask for around 0.45 times its annual revenue, and 1.58 times its annual owner earnings.
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