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Buy or Sell a Smoke Shop in New Jersey
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 New Jersey Market (Average) |
|---|---|---|
| Number of Businesses Analyzed | 8 | 181 |
| Asking Price | $355,000 | - |
| Reported Revenue | $421,000 | $1,337,913 |
| Reported Seller's Discretionary Earnings | $118,000 | $71,590 |
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 Quartile | Median | Upper Quartile |
|---|---|---|
| $115,000 | $355,000 | $1,050,000 |
Market Financial Highlights
The financial data presented here is an aggregation of reported revenue and earnings of Smoke Shops for sale in New Jersey.
| Bound | Revenue | Seller’s Discretionary Earnings |
|---|---|---|
| Lower Quartile | $280,500 | $63,750 |
| Median | $421,000 | $118,000 |
| Upper Quartile | $1,515,059 | $331,562 |
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 New Jersey.
| Bound | Revenue Multiple | Earnings Multiple |
|---|---|---|
| Lower Quartile | 0.42 | 1.92 |
| Median | 0.66 | 2.63 |
| Upper Quartile | 0.87 | 3.39 |
FAQ's
How much does it cost to buy a Smoke Shop in New Jersey?
The median asking price for an established Smoke Shop in New Jersey is $355,000, though prices range from under $115,000 to well over $1,050,000.
How much do Smoke Shops owners in New Jersey earn?
The median reported revenue of Smoke Shops in New Jersey is $421,000 and owners earn a median of $118,000, 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 in New Jersey, revenue multiples range from 0.42 to 0.87, with a median of 0.66. Earning multiples range from 1.92 to 3.39, with the median at 2.63. This means the typical Smoke Shop in New Jersey may ask for around 0.66 times its annual revenue, and 2.63 times its annual owner earnings.
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