Dallas, TX
$149,000

Dallas, TX
$149,000
Annandale, VA
$599,000

Cecil County, MD
$950,000
Palmdale, CA
$155,000
Baltimore City County, MD
$399,000
Los Angeles County, CA
$199,000
Seguin, TX
$500,000
San Benito County, CA
$400,000
Mesa, AZ
$119,990
Merced, CA
$225,000
Denton, TX
$185,000
Phoenix, AZ
$1,900,000
Seattle, WA
$1,995,000
Franklin County, OH
$450,000
Palm Beach County, FL
$385,000
Mississippi
$925,000
Sherman Walters
National Restaurant Properties
Serving Mecklenburg County, NC
Sherman is CEO of National Restaurant Properties, the only full-service commercial real estate & business consulting firm in the Carolinas, as well as Bread N Butter Restaurant Strategies. National Restaurant Properties has been helping bar & restaurant operators sell their F&B businesses since 1969. Sherman joined the firm in 2008. He and his family were Dairy Queen franchisees in the Charlotte area. Since, he has developed relationships with industry leaders and start ups all over North & South Carolina and has earned a reputation as an honest broker who fights for both his clients, as well as the F&B industry. Sherman has worked with and advised business owners and brands from the High Country of NC to the Low Country of SC. While his list of accomplishments and successful clients is vast, his core passion is simple - respect the people that shape the F&B industry, whether their journey is just starting or they own 50 units.
Suffolk County, NY
$100,000
Pasco County, FL
$225,000
Washtenaw County, MI
$498,000
Merced County, CA
$95,000
Cook County, IL
$320,000
Stanislaus County, CA
$99,000
Hartford County, CT
$329,000
Suffolk County, NY
$550,000
Camden County, NJ
$1,500,000
Richardson, TX
$120,000
Tennessee
$947,700
Houston, TX
$64,900
Maricopa County, AZ
$2,000,000
Orange, CA
$124,999
Phoenix, AZ
$160,000
Sierra Vista, AZ
$65,000
Sandy Spring, MD
$270,000
St Lucie County, FL
$325,000
Queens, NY
$385,000
Glendale, AZ
$225,000
Groveland, FL
$375,000
Fresno, CA
$80,000
Phoenix, AZ
$900,000
Tampa, FL
$400,000
Phoenix, AZ
$1,290,000
Philadelphia, PA
$295,000
Knox County, TN
$185,000
Clearwater, FL
$500,000
Michael Manna
Burke and Manna Real Estate Agency
Serving Monmouth County, NJ
Longwood, FL
$790,000
| Market Overview | Listed for Sale |
|---|---|
| Number of Businesses Analyzed | 225 |
| Median Asking Price | $315,000 |
| Median Reported Revenue | $540,000 |
| Median Reported Seller's Discretionary Earnings | $148,684 |
Asking Price
| Lower Quartile | Median | Upper Quartile |
|---|---|---|
| $179,000 | $315,000 | $730,000 |
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 | $84,000 |
| Median | $540,000 | $148,684 |
| Upper Quartile | $1,208,518 | $300,923 |
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 | 1.60 |
| Median | 0.57 | 2.17 |
| Upper Quartile | 0.80 | 2.95 |
| 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 $315,000, though prices range from under $179,000 to well over $730,000.
How much do Smoke Shops owners earn?
The median reported revenue of Smoke Shops is $540,000 and owners earn a median of $148,684, 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 1.60 to 2.95, with the median at 2.17. This means the typical Smoke Shop may ask for around 0.57 times its annual revenue, and 2.17 times its annual owner earnings.
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