Deer Park, TX
$99,000

Deer Park, TX
$99,000

Scottsdale, AZ
$999,999
Pawtucket, RI
$65,000

Columbus, OH
$499,000
Phoenix, AZ
$120,000
Phoenix, AZ
$350,000
Dallas County, TX
$90,000
Baltimore County, MD
$179,000
Harford County, MD
$850,000
Long Beach, CA
$109,000
Doral, FL
$99,000
Carrollton, TX
$95,000
Pierce County, WA
$4,300,000
Phoenix, AZ
$150,000
REAL ESTATE INCLUDED
Oklahoma County, OK
$1,300,000
Los Angeles, CA
$299,000
Mike Costello
Costello Capital Management, LLC
Serving Hamilton County, TN
Mike Costello, our managing member, has consulted several business owners relating to the successful sale of their ownership interests. A recent example occurred in August 2021, prior to his retirement from Elliott Davis, when he was retained as a consultant with respect to the sale of a middle market company located in the Tennessee Valley. In this case, he provided assistance to the company’s owner and management team, resulting in the successful sale to a strategic buyer (a public company in the industry) in December, 2021 for $58 million. In July, 2022, he received a request from another Tennessee Valley middle market company to perform business broker services. These events motivated Costello to serve as a business broker. As a result, he retired from Elliott Davis and formed Costello Capital Management, LLC (“CCM”) in October, 2022. CCM is already actively engaged with other regional clients exploring the sale of their businesses. CCM is uniquely qualified to determine the best approach for marketing a business entity for sale. This could include going to: -private equity groups (financial buyers), -industry members (as mentioned above), or -the local market (including networking with CPAs, bankers, attorneys or known potential buyers), depending upon the size of the business. Costello’s experience and in-depth knowledge of business transactions is beneficial at every stage of a business transaction: determining the optimal sales process, establishing an appropriate sales price, negotiating to realize the targeted sales price and then managing the transaction to a successful closing.
Boca Raton, FL
$170,000
Allen County, IN
$259,000
Orange, CA
$85,000
Dallas, TX
$180,000
Lansing, MI
$500,000
Bloomington, IN
$1,000,000
Arleta, CA
$85,888
Las Vegas, NV
$99,000
Mesa, AZ
$400,000
Alaska
$2,400,000
Rochester, NY
$499,000
Suffolk County, NY
$115,000
Middlesex County, NJ
$99,000
Morris County, NJ
$99,000
Clay County, FL
$390,000
Seattle, WA
$1,599,000
Los Angeles County, CA
$380,000
Coppell, TX
$150,000
Glendale, AZ
$95,000
Clarkston, GA
$350,000
Sonoma County, CA
$260,000
Port Saint Lucie, FL
$50,000
Colorado
$5,500,000
Frisco, TX
$250,000
Grand Prairie, TX
$130,000
Graham, TX
$250,000
Paris, TX
$250,000
Kingsburg, CA
$150,000
Jason Huett
Collaborative Commercial Business Brokers, LLC.
Serving Dane County, WI
Thank you for stopping by my profile. I am an entrepreneur, Chief Marketing Officer, and Business Broker. Over the past 20 years, I've had the opportunity to launch, buy, sell, and license 17 different businesses of my own. If you're considering selling your business (or acquiring one), know that I've done this for myself many times and understand the importance of obtaining a sale price that makes financial sense to you. Not only does this give me a unique perspective, but I also understand the components of your business that drive your asking price: Sales and Marketing, Operations, Finance, and Human Resources. My approach is proactive, embraces the use of Data Analytics, AI, and Digital Marketing strategy to assist buyers and sellers transact more efficiently. While I do utilize business brokering website listings to help my clients, my strategy goes far beyond the tools typically used in the brokering industry — tools I've migrated from my marketing firm (Fifth Degree Marketing) that utilize the same technology used to help our corporate clients. My unique capabilities in marketing your business and/or commercial real estate include: - CMO (Chief Marketing Officer) driven strategies and execution. I am a classically trained marketer with 20+ years of experience developing Marketing strategies for dozens of clients across the US and UK and rated a Top 1% Marketer by MarketerHire. - Extensive experience deploying Social Media, Paid Advertising, Email Marketing, SEO, and digital marketing campaigns. Businesses I have brokered (B2C and B2B): 1) Fitness 2) Commercial Real Estate 3) Repair and Maintenance 4) Dryer Vent & Air Duct 5) Small Engine & Power Equipment 6) Water Purification 7) Transportation 8) Licensed IP 9) Multi-Location Bricks-and-Mortar 10) Gutter & Window Cleaning 11) Martial Arts If you're curious to learn more, please don't hesitate to get in touch!
Tempe, AZ
$250,000
Addison, TX
$480,000
REAL ESTATE INCLUDED
Baltimore County, MD
$1,598,000
Milwaukee County, WI
$800,000
El Dorado County, CA
$150,000
Fort Worth, TX
$429,000
| Market Overview | Listed for Sale |
|---|---|
| Number of Businesses Analyzed | 222 |
| Median Asking Price | $317,500 |
| Median Reported Revenue | $540,000 |
| Median Reported Seller's Discretionary Earnings | $147,267 |
Asking Price
| Lower Quartile | Median | Upper Quartile |
|---|---|---|
| $179,250 | $317,500 | $745,000 |
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 | $360,000 | $84,891 |
| Median | $540,000 | $147,267 |
| Upper Quartile | $1,234,072 | $304,731 |
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 | 0.42 | 1.61 |
| Median | 0.57 | 2.20 |
| Upper Quartile | 0.80 | 2.96 |
| 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?
The median asking price for an established Smoke Shop is $317,500, though prices range from under $179,250 to well over $745,000.
How much do Smoke Shops owners earn?
The median reported revenue of Smoke Shops is $540,000 and owners earn a median of $147,267, 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 0.42 to 0.80, with a median of 0.57. Earning multiples range from 1.61 to 2.96, with the median at 2.20. This means the typical Smoke Shop may ask for around 0.57 times its annual revenue, and 2.20 times its annual owner earnings.
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