Groveland, FL
$375,000
Smoke Shops in FL For Sale
Buy or Sell a Smoke Shop in Florida
| Market Overview | Listed for Sale |
|---|---|
| Number of Businesses Analyzed | 37 |
| Median Asking Price | $225,000 |
| Median Reported Revenue | $402,904 |
| Median Reported Seller's Discretionary Earnings | $101,948 |
Financials based on businesses that listed an asking price, annual revenue, and seller's discretionary earnings.
Asking Price
| Lower Quartile | Median | Upper Quartile |
|---|---|---|
| $115,000 | $225,000 | $450,000 |
Market Financial Highlights
The financial data presented here is an aggregation of reported revenue and earnings of Smoke Shops for sale in Florida.
| Bound | Revenue | Seller’s Discretionary Earnings |
|---|---|---|
| Lower Quartile | $214,000 | $76,000 |
| Median | $402,904 | $101,948 |
| Upper Quartile | $782,404 | $168,000 |
Valuation Multiples
The valuation multiples listed below are derived from asking price, revenue, and seller’s discretionary earnings of Smoke Shops listed for sale in Florida.
| Bound | Revenue Multiple | Earnings Multiple |
|---|---|---|
| Lower Quartile | 0.44 | 1.26 |
| Median | 0.63 | 1.98 |
| Upper Quartile | 0.84 | 2.81 |
| 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 in Florida?
The median asking price for an established Smoke Shop in Florida is $225,000, though prices range from under $115,000 to well over $450,000.
How much do Smoke Shops owners in Florida earn?
The median reported revenue of Smoke Shops in Florida is $402,904 and owners earn a median of $101,948, 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 Florida, revenue multiples range from 0.44 to 0.84, with a median of 0.63. Earning multiples range from 1.26 to 2.81, with the median at 1.98. This means the typical Smoke Shop in Florida may ask for around 0.63 times its annual revenue, and 1.98 times its annual owner earnings.
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