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Smoke Shops For Sale

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100% Turnkey Smoke Shop Chain (5 Locations & Fully Absentee)

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...

$2,400,000

Cash Flow: $813,000

$2,400,000

Cash Flow: $813,000

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Texas High Society, chance to invest in low risk, growing industry

League City, TX

This established dispensary has a proven sales history, a loyal customer base, and an experienced team, making for a seamless ownership transition. Offering a full selection of premium flower,...

$60,000

Cash Flow: $52,000

6

$60,000

Cash Flow: $52,000

Smoke and CBD shop for sell in Tilghman Square shopping center

Allentown, PA

Smoke and CBD Shop in prime location...

$170,000

4

$170,000

Profitable & Fully Stocked Smoke Shop in Prime Location

Venango County, PA

Clean, high-performing retail store with strong and consistent cash flow located in Northwestern Pennsylvania. The business benefits from steady daily traffic and a well-established customer base. A...

$350,000

7

$350,000

Established Uptown Smoke & Vape & Mini Mart

San Diego, CA

UPTOWN SMOKE & VAPE & MINI MART - ESTABLISHED SAN DIEGO RETAIL OPPORTUNITY This well-established smoke shop and mini mart presents a compelling investment opportunity in San Diego's vibrant Uptown...

$295,000

7

$295,000

Profitable Key West Smoke Shop

Key West, FL

Established and profitable Key West smoke shop opened in 2025 and operating from a prime retail location with strong local and tourist traffic. The business offers a wide selection of vape products,...

$270,000

Cash Flow: $174,853

$270,000

Cash Flow: $174,853

70+ Unit VIP Smoke Shop Portfolio | Tri-State Dominance | OH, KY, IN

Cincinnati, OH

An exceptional opportunity to acquire a high-volume, multi-unit retail portfolio consisting of 70+ established smoke shop locations strategically positioned throughout Ohio, Kentucky, and Indiana....

$23,650,000

10

$23,650,000

Licensed Medical Cannabis Dispensary - Best Location in DC

Washington, DC

Licensed DC Cannabis Dispensary for Sale – Turnkey & Operational (Capitol Hill Area) Fully built, operational cannabis dispensary in Washington, DC with revenue already coming in. This is a true...

$2,999,997

10

$2,999,997

High end Dispensary + Cafe. Next to Walmart AT&T

Wichita, KS

Rare turnkey retail dispensary opportunity in Wichita Kansas. KannaBliss Stores of Kansas are an established, upper-end retail brand that's looking to expand with new qualified owners in 2026. If...

$175,000

Cash Flow: $281,000

4

$175,000

Cash Flow: $281,000

The College Shop - Greeley/UNC Downtown | Great Smoke Shop in Downtown

Greeley, CO

Turnkey Greeley Downtown Smoke Shop beside UNC with strong upside in a growing retail market. Attractive setup, fully-stocked inventory, easy-to-operate model, and excellent potential for an...

$90,000

10

$90,000

Profitable 4-Location Smoke Shop Portfolio in Greater Phoenix Area

Queen Creek, AZ

This is a rare opportunity to acquire a profitable portfolio of four established smoke shops strategically located across the Greater Phoenix area Each location is fully stocked with smoke/vape...

$200,000

$200,000

Well established Austin Smoke shops for sale

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...

$4,500,000

Cash Flow: $600,000

$4,500,000

Cash Flow: $600,000

Acquire Prime Miami Retail Smoke Shop in the Heart of Miami

Miami, FL

Prime Miami smoke shop opportunity in the heart of one of America's fastest-growing retail markets. This established turnkey operation delivers impressive financial performance with $1,275,000 in...

$795,000

Cash Flow: $320,000

11

$795,000

Cash Flow: $320,000

Acquire Prime Downtown Miami Retail Smoke Shop

Miami, FL

Established Downtown Miami smoke shop presenting a rare acquisition opportunity in one of America's fastest-growing retail markets. This turnkey operation has generated $710,000 in annual revenue with...

$695,000

Cash Flow: $240,000

14

$695,000

Cash Flow: $240,000

National Tenant Memphis Retail Center

Auction by Ten-X™

Memphis, TN

Online auction: August 3-5, 2026

137,614 SF Freestanding For Sale...

Not Disclosed

11
Starting bid:

Not Disclosed

REAL ESTATE INCLUDED

Scott Davis

Davis Business Consultants LLC

Serving Mclennan County, TX

Iconic is a specialized mergers and acquisitions firm dedicated to helping business owners achieve successful exits with clarity and confidence. We represent companies generating up to one hundred million dollars in annual revenue, serving diverse sectors such as healthcare, manufacturing, software, and professional services. Our model integrates experienced advisory talent with advanced software automation to deliver a seamless, high-quality experience for both sellers and buyers. By empowering our advisors, investing in technology, and maintaining an unwavering focus on results, Iconic is raising the standard of excellence in the M&A industry. At the core of this success are our brokers: entrepreneurial professionals who guide owners through one of the most important transactions of their lives. They are the face of Iconic—building trust, driving deals forward, and delivering measurable outcomes. Supported by our platform, brand, and operational infrastructure, these advisors maintain the independence to run their own practice while benefiting from the strength of a larger organization. Iconic is committed to investing in the people who drive our mission forward, because their success is the foundation of our own.

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2 Profitable Miami Smoke Shops for Sale

Coral Gables, FL

Established and profitable multi-location smoke shop business operating two retail stores in Miami-Dade County, including Coral Gables and the Kendall area. Founded in 2019, the business offers vape...

$770,000

Cash Flow: $498,696

4

$770,000

Cash Flow: $498,696

Acquire Prime Miami Retail Smoke Shop Location

South Miami, FL

South Miami Smoke Shop – Prime Location Near University of Miami Rare opportunity to acquire a well-established smoke shop in the heart of South Miami, operating under a proven brand with a strong...

$1,195,000

Cash Flow: $550,000

7

$1,195,000

Cash Flow: $550,000

Turn-Key Smoke Shop for Sale – Fully Built Out – Orange County, CA

Orange, CA

Turn-key smoke shop opportunity in Orange County, California. The store is fully built out and ready to operate immediately, making it perfect for an owner-operator or someone looking to expand their...

$100,000

6

$100,000

Premier Chain of Vape Retail stores/Manufacturing Facility

Kane County, IL

Premier Chain of Vape Retail Stores with Manufacturing Facility - Turn Key Operation This established vape retail chain with integrated manufacturing facility represents a dominant market position in...

$4,000,000

$4,000,000

Club Vapor has been in business for 13 years

Tucson, AZ

A 13 year established business that is still profitable, easy to run, 2 good locations off freeway....

$120,000

Cash Flow: $60,000

$120,000

Cash Flow: $60,000

High-Traffic Canal St Smoke Shop (heavy daily foot traffic)

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...

$200,000

Cash Flow: $120,000

$200,000

Cash Flow: $120,000

Prime Little Havana Smoke Shop / Tattoo Studio / Liquor Store
Asset Sale

Miami-Dade County, FL

Exceptional opportunity to acquire a fully licensed, turnkey retail business in the heart of Little Havana on iconic Calle Ocho — one of Miami’s highest foot-traffic corridors. This is a rare chance...

$77,000

2

$77,000

Turnkey Smoke Shop for Sale – Fully Equipped Retail Opportunity
Start Up

Turnkey Smoke Shop & Convenience Store - Chicago Retail Opportunity Established retail operation offering immediate entry into Chicago's tobacco and convenience market. This fully equipped 1,200...

Not Disclosed

Not Disclosed

Highly Profitable Smoke Shop + Cart in a busy Miami Mall

Miami, FL

Highly Profitable Smoke Shop & Cart in a Busy Miami Mall – Absentee Owner Opportunity! This turnkey business is perfect for an absentee owner! Located in a bustling Miami mall, the store benefits from...

$285,000

$285,000

Cash Flow: $142,082

Smoke and Vape Shop with Beer #3471

Phoenix, AZ

Extremely motivated seller of a smoke shop & vape shop needs to sell quickly! Bring all reasonable offers. For more info call GoldStar Business Brokers....

$76,000

$76,000

Cash Flow: $60,000

Smoke Shop Dispensary Wholesale Superstore with Real Estate

Springfield, MO

Revenue and Real Estate!! Walk to work in a safe, country setting and making money at the same time? No neighbors. This town has been rated one of the top places to live in the US. Be your own Boss!...

$1,300,000

$1,300,000

Cash Flow: $400,000

High-Visibility Smoke & Vape Store Ideal for Portfolio Expansion

Cook County, IL

This is an established smoke and vape retail business operating from a highly visible storefront along a busy commercial corridor. The location benefits from strong traffic exposure, easy ingress and...

$1,100,000

$1,100,000

Cash Flow: $211,715

Long Running Very Well Established High End Smoke Shop For Sale

East Hanover, NJ

EXECUTIVE SUMMARY You are purchasing the complete fixtures and the current foot traffic. Currently grossing $300,000-350,000 annually. The inventory is for sale at an additional cost. The name does...

3

$85,000

$85,000

EBITDA: $60,000

Cigar Lounge with Liquor License

Toledo, OH

Established Cigar Lounge with Liquor License - Toledo, OH This 2-year-old cigar lounge presents an exceptional opportunity in Toledo's thriving tobacco market. Located in a 1,700 square foot space,...

$90,000

$90,000

Established Smoke Shop in Prime Location - includes inventory

Falls Church, VA

Smoke shop With Great Potential In Falls Church, Virginia This is an exciting opportunity to own an established smoke shop in a highly sought-after location in Falls Church, VA. The business has been...

6

$70,000

$70,000

High-Cash-Flow Multi-Unit Smoke Shop Portfolio (6 Locations)

SBA LOAN ELIGIBLE

Rock County, WI

Rare opportunity to acquire a well-established portfolio of six high-performing smoke shops generating approximately $2.9M in adjusted SDE with ~$16M+ in annual revenue. The business features a...

$7,500,000

$7,500,000

Cash Flow: $2,950,000

SBA LOAN ELIGIBLE

Profitable / Established Vape & Smoke Shop For Sale

Las Vegas, NV

Beautiful and Profitable Smoke/Vape shop to the Right Buyer! Just renewed Lease! Listing Business with Regret; Not able to relocate to Vegas! More Financial information to be update ASAP information...

2

$299,000

$299,000

Vape Shop in Richmond TX | Inventory and Bitcoin Machine | Low $ Rent

Richmond, TX

Established Vape Shop for Sale in Richmond, TX This profitable smoke shop presents an excellent investment opportunity in the booming Fort Bend County market. Operating continuously with an...

6

$60,000

$60,000

$360,000 NET Extremely Busy and Profitable Smoke Shop!!!

Phoenix, AZ

If you are looking for one of the most profitable smoke shop in the West Valley with an employee in place with the owner that produces over $360,000 net profit in the owner pocket after all expenses...

$1,100,000

$1,100,000

Cash Flow: $360,000

Turnkey Central Las Vegas Smoke Shop

Las Vegas, NV

Turnkey Central Las Vegas Smoke Shop offering a full line of high-demand vape products, tobacco, premium cigars, hookahs, disposable vapes, glassware, smoking accessories, and more. Located in a...

$120,000

$120,000

🔥 Award-Winning Hookah Lounge & Event Venue for Sale 🔥

San Diego, CA

🔥 Award-Winning Hookah Lounge & Event Venue for Sale – Prime Corner Location – San Diego Exceptional opportunity to acquire a high-end, fully built-out hookah lounge and event venue in a prime San...

6

$549,000

$549,000

Fully Turnkey Cannabis Retail Dispensary For Sale (Ukiah, California)

Ukiah, CA

Fully Turnkey Cannabis Retail Dispensary For Sale (Ukiah, California) #1933 Fully turnkey dispensary retail for sale in Ukiah, CA. Home to major tourist attractions and universities (the largest city...

$150,000

$150,000

$78,000 NET Busy Smoke Shop in Chandler!!

Chandler, AZ

If you are looking for a smoke shop in a highly desirable area that is surrounded by with tons of traffic and an always packed street with tons of room for growth and opportunity than look no further....

$175,000

$175,000

Cash Flow: $78,000

Well Stocked Liquor Store with Cigar Humidor and Sundries

Las Vegas, NV

HOT LOCATION LIQUOR! Busy SW area location surrounded by dense residential, huge commercial, and upscale office developments! Location sells liquor (approx. 50% of sales), cigars (25-30%), beer...

$135,000

$135,000

Cash Flow: $79,599

Profitable CBD Store for Sale

Virginia Beach, VA

Queens Green Dispensary is one of the only remaining profitable CBD businesses in the Hampton Roads area catering to Veterans and the Senior citizen populations with high-quality, lab-tested and state...

4

$2,300,000

$2,300,000

Warren Morten

Bear Down Brokerage, Inc.

Serving Orange County, CA

A curated team of professionals that can help you make the right decisions in buying or selling your business. We help sellers tighten and improve their business for a higher sale value, and help buyers identify and purchase undervalued businesses.

Contact Me >

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$480,000 NET Potential Absentee-Run Busy and Profitable Smoke Shop!!!

Maricopa County, AZ

If you are looking for a very profitable smoke shop in the West Valley with staff in place with the owner that produces over $480,000 net profit in the owner pocket after all expenses and an average...

$2,000,000

$2,000,000

Cash Flow: $480,000

2 Established Smoke shops - Priced for Quick Sale - Low Rent

Warwick, RI

Rare opportunity to acquire two fully operational, profitable smoke shops as a package deal. Combined net profit of $40,000/month after all expenses including rent and payroll. Both locations are...

Not Disclosed

Not Disclosed

Cash Flow: $456,000

Turnkey Smoke Shop in High Traffic Location| 6- figure cash flow

Anaheim, CA

Priced to Sell! Established Smoke Shop Inside Busy Anaheim Swap Meet, 1 Mile from Disneyland Turnkey, fully stocked smoke shop and smoking accessories retailer for sale, operating as an established...

$90,000

$90,000

Cash Flow: $180,000

Smoke shop adult store

Essex Junction, VT

Great opportunity to own a existing turnkey business with very little money down just your good credit to assume a SBA loan...

5

$495,000

$495,000

Thriving Smoke & Cigar Shop Biz – 3 Locations, One Hot Opportunity!

Mississippi

Step into immediate profitability with this turnkey Mississippi-based smoke and cigar shop operation that delivers consistent cash flow across three established locations. You'll acquire a...

$899,000

$899,000

Cash Flow: $228,693

Buy the Building ~ Get the business for FREE!!!

REAL ESTATE INCLUDED

Riverton, WY

An "Old World Variety Store" Established in 1997 as a multicultural oasis of unique and obscure merchandise that was lacking in a central Wyoming college/agricultural community, we have literally...

3

$375,000

$375,000

REAL ESTATE INCLUDED

High Traffic Smoke Shop in Downtown Raleigh

Wake County, NC

A highly profitable and established smoke and vape retail business is available in the Raleigh area. This business has built a strong reputation with a loyal customer base and consistent foot traffic....

$839,000

$839,000

Cash Flow: $312,000

Established Smoke shop in Prime location

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...

3

$140,000

$140,000

Cash Flow: $100,000

Established smoke shop for 5 years

Addison, TX

High value location, high profit business with low overhead costs and easy cash flow....

6

$150,000

$150,000

Cash Flow: $120,000

Smoke Shop

Allentown, PA

Established smoke shop and tobacco vape house located in downtown Allentown, Pennsylvania, operating in a high-traffic area near the city center. This turnkey business opportunity generates $264,000...

5

$57,800

$57,800

Cash Flow: $18,000

True Turnkey Smoke Shop - COAM Open - Motivated Seller

Lilburn, GA

>> The price was just reduced to $69,000! The seller is motivated due to other fast track investments and is no longer able to operate. >> COAM is OPEN This business sits in a well-established area...

$69,000

$69,000

Buy or Sell a Smoke Shop
Smoke shops listed on BizBuySell include retail businesses specializing in smoking and vaping products, including premium cigars, e-cigarettes, vape accessories, hookahs, and related merchandise. Many shops also offer glassware, CBD products, and THC-related items where legally permitted. Business models are typically retail-focused, with revenue generated through in-store sales, loyalty programs, and in some cases, e-commerce platforms. Listings often feature established customer bases, high-margin inventory, and strong foot traffic in high-visibility locations. Some operations may also include real estate, private label product lines, or licensing for expanded product offerings—positioning them to serve a growing and evolving consumer market in the tobacco and alternative smoking sector.
Market Overview Listings for Sale (Median) Total Market (Average)
Number of Businesses Analyzed220 12,478
Asking Price$250,000-
Reported Revenue$507,000 $1,412,206
Reported Seller's Discretionary Earnings$130,000 $84,732
Financials based on businesses that listed an asking price, annual revenue, and seller's discretionary earnings.
For more in-depth sales and profitability data see:

Asking Price

Lower QuartileMedianUpper Quartile
$146,750$250,000$694,999

Market Financial Highlights

The financial data presented here is an aggregation of reported revenue and earnings of Smoke Shops for sale.

BoundRevenueSeller’s Discretionary Earnings
Lower Quartile$300,000$79,599
Median$507,000$130,000
Upper Quartile$1,050,000$281,000

Valuation Multiples

The valuation multiples listed below are derived from asking price, revenue, and seller's discretionary earnings of Smoke Shops listed for sale.

BoundRevenue MultipleEarnings Multiple
Lower Quartile0.391.42
Median0.572.01
Upper Quartile0.752.95

FAQ's

How much does it cost to buy a Smoke Shop?

The median asking price for an established Smoke Shop is $250,000, though prices range from under $146,750 to well over $694,999.

How much do Smoke Shops owners earn?

The median reported revenue of Smoke Shops is $507,000 and owners earn a median of $130,000, 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, revenue multiples range from 0.39 to 0.75, with a median of 0.57. Earning multiples range from 1.42 to 2.95, with the median at 2.01. This means the typical Smoke Shop may ask for around 0.57 times its annual revenue, and 2.01 times its annual owner earnings.

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