Oakland County, MI
Smoke Shops For Sale

Broward County, FL

Miami, FL

University, WA
Mesa, AZ
Riverside County, CA
Norwalk, CA
Macomb County, MI
Flat Rock, MI
Macomb County, MI
Scottsdale, AZ
Orlando, FL
Avondale, AZ
The Colony, TX
Stone Mountain, GA
Prescott, AZ
Scott Kranz
First Choice Business Brokers
Serving Polk County, IA
First Choice Business Brokers is one of the largest business sales organizations and has reached over $8 billion dollars of business transactions. We are the premier business brokerage in the industry for buyers and sellers. We list businesses on several national websites as well as micro sites, and work diligently to secure the most value for a business.
Bucks County, PA
Thurston County, WA
Colorado
Deer Park, TX
Pawtucket, RI
Columbus, OH
Phoenix, AZ
Harford County, MD
Doral, FL
Pierce County, WA
Phoenix, AZ
REAL ESTATE INCLUDED
Oklahoma County, OK
Los Angeles County, CA
Boca Raton, FL
Allen County, IN
Orange, CA
Dallas, TX
Lansing, MI
Bloomington, IN
Las Vegas, NV
Alaska
Rochester, NY
Suffolk County, NY
Morris County, NJ
Clay County, FL
Coppell, TX
Glendale, AZ
Sonoma County, CA
John McCarthy
Legacy Properties Sotheby's International
Serving Cumberland County, ME
Sotheby's Legacy is proud to be part of the Internationally acclaimed Sotheby's family. Coast to coast and around the world, I can help you to find that perfect property. That is the power of Sotheby's!!
Colorado
Frisco, TX
Paris, TX
Kingsburg, CA
Tempe, AZ
Addison, TX
| Market Overview | Listings for Sale (Median) |
|---|---|
| Number of Businesses Analyzed | 216 |
| Asking Price | $260,000 |
| Reported Revenue | $500,000 |
| Reported Seller's Discretionary Earnings | $130,000 |
Asking Price
| Lower Quartile | Median | Upper Quartile |
|---|---|---|
| $150,000 | $260,000 | $641,250 |
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 | $300,000 | $84,000 |
| Median | $500,000 | $130,000 |
| Upper Quartile | $1,013,677 | $276,000 |
Valuation Multiples
The valuation multiples listed below are derived from asking price, revenue, and seller's discretionary earnings of Smoke Shops listed for sale.
| Bound | Revenue Multiple | Earnings Multiple |
|---|---|---|
| Lower Quartile | 0.39 | 1.50 |
| Median | 0.58 | 2.09 |
| Upper Quartile | 0.77 | 2.94 |
FAQ's
How much does it cost to buy a Smoke Shop?
The median asking price for an established Smoke Shop is $260,000, though prices range from under $150,000 to well over $641,250.
How much do Smoke Shops owners earn?
The median reported revenue of Smoke Shops is $500,000 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 0.77, with a median of 0.58. Earning multiples range from 1.50 to 2.94, with the median at 2.09. This means the typical Smoke Shop may ask for around 0.58 times its annual revenue, and 2.09 times its annual owner earnings.
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