St. Clair County, MI
Here is your chance to own two profitable smoke shops located close to each other in St. Clair and Macomb County, Michigan. Both stores are in busy areas with strong customer traffic and are fully...
Smoke Shops For Sale in Michigan
Market Info
Turnkey Smoke Shop Package - 2 Locations - High Traffic Areas
Turnkey Smoke Shop Package - 2 Locations - High Traffic Areas
Monroe County, MI
Here is your chance to own two profitable smoke shops located close to each other in Monroe County, Michigan. Both stores are in busy areas with strong customer traffic and are fully equipped for...
High Revenue "Vape City" in Downtown Brighton
Brighton, MI
Vape City is a highly profitable smoke shop strategically located in downtown Brighton, MI, generating impressive annual revenue of $900,000 with strong cash flow of $250,000. Established in 2023,...
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Cash Flow: $250,000
High-End Smoke, Vape & Beverage Retail Opportunity | Built for Liquor
Waterford, MI
Smoke Shop
Macomb County, MI
Smoke Shop
Macomb County, MI
Vape and Smoke Shop
Macomb County, MI
Profitable Smoke & Vape Shop | Low Rent | Inventory Included
Wayne County, MI
Smoke Shop in Prime Location | Low Rent | Huge Upside Potential
Wayne County, MI
Turnkey Vape & Smoke Shop | 3,000 Sq/Ft | Inventory Included
Livonia, MI
My Salon Suite
Franchise
Available Nationwide
$48K SDE Lakefront Vape & Smoke Shop | Low Rent | High Traffic
Whitmore Lake, MI
$60K SDE Smoke Shop | $150K+ Run Rate | Turnkey
Dearborn, MI
$250k INVENTORY - Smoke , Glass, and Cigar Store
Oakland County, MI
Smoke & Vape Shop in Oakland County
Oakland County, MI
Turn-Key Vape, Tobacco & Lottery Shop–Prime Location, Negotiable!
Flat Rock, MI
Eric Iffland
First Choice Business Brokers - Toledo #242
Serving Lenawee County, MI
Since our founding in 1994, First Choice Business Brokers has grown to become one of the nation's most trusted business sales specialists. We have listed and managed the sale of over $7.5 billion in successful business transactions. First Choice Business Brokers provides you with the benefits that only come from experience and years of proven, tested results. Our goal is to give you the kind of foundation you need to make strong business decisions and plan your exit strategy. We are a business brokerage firm, specializing in the sale and purchase of small to medium size main street businesses and commercial properties. Our Toledo office is led by President/Owner Eric Iffland an industry veteran with 35+ years of experience in sales, marketing, and business ownership.
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Smoke Shop & Tire Store in South Lansing, MI
Lansing, MI
Liquor Store Washtenaw County high Traffic
Washtenaw County, MI
Gaming Cards & More + Lease Option
Asset Sale
Holland, MI
Buy or Sell a Smoke Shop in Michigan
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 Michigan Market (Average) |
|---|---|---|
| Number of Businesses Analyzed | 7 | 378 |
| Asking Price | $89,900 | - |
| Reported Revenue | $240,000 | $967,599 |
| Reported Seller's Discretionary Earnings | $61,000 | $50,376 |
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 |
|---|---|---|
| $64,950 | $89,900 | $107,000 |
Market Financial Highlights
The financial data presented here is an aggregation of reported revenue and earnings of Smoke Shops for sale in Michigan.
| Bound | Revenue | Seller’s Discretionary Earnings |
|---|---|---|
| Lower Quartile | $160,000 | $60,000 |
| Median | $240,000 | $61,000 |
| Upper Quartile | $300,000 | $65,000 |
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 Michigan.
| Bound | Revenue Multiple | Earnings Multiple |
|---|---|---|
| Lower Quartile | 0.26 | 1.07 |
| Median | 0.33 | 1.62 |
| Upper Quartile | 0.69 | 2.76 |
FAQ's
How much does it cost to buy a Smoke Shop in Michigan?
The median asking price for an established Smoke Shop in Michigan is $89,900, though prices range from under $64,950 to well over $107,000.
How much do Smoke Shops owners in Michigan earn?
The median reported revenue of Smoke Shops in Michigan is $240,000 and owners earn a median of $61,000, 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 Michigan, revenue multiples range from 0.26 to 0.69, with a median of 0.33. Earning multiples range from 1.07 to 2.76, with the median at 1.62. This means the typical Smoke Shop in Michigan may ask for around 0.33 times its annual revenue, and 1.62 times its annual owner earnings.
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