Cuyahoga County, OH
Smoke Shops For Sale in Ohio
Stark County, OH
Trumbull County, OH
Miami County, OH
Franklin County, OH
Mahoning County, OH
Cincinnati, OH
West Chester, OH
Cincinnati, OH
Franklin County, OH
Available Nationwide
Cincinnati, OH
Franklin County, OH
Logan County, OH
Ohio
Cincinnati, OH
Jared Dutton
Keller Williams Commercial Legacy Group
Serving Stark County, OH
Jared is the oldest of 4 siblings and grew up in Real Estate business that his Grandfather, Dwight "Tom" Dutton started in 1959 as “The Dutton Agency” selling Farms & Equipment via Auction. The Dutton Agency began to provide a wider range of Real Estate Services and eventually grew to having Associates cover over 13 States, Canada, and the Bahamas. Through our 50+ years in the Real Estate and Auction Business, our family Dutton Real Estate Group, has sold more than 5,000 properties and 100,000+ Acres in Ohio, Pennsylvania, Michigan, New York, and West Virginia. In 2017 the we teamed with Keller Williams International and their network of Associates.
Cincinnati, OH
Columbus, OH
Lewisburg, OH
| Market Overview | Listings for Sale (Median) | Total Ohio Market (Average) |
|---|---|---|
| Number of Businesses Analyzed | 8 | 476 |
| Asking Price | $300,000 | - |
| Reported Revenue | $762,500 | $1,629,739 |
| Reported Seller's Discretionary Earnings | $240,000 | $64,661 |
Asking Price
| Lower Quartile | Median | Upper Quartile |
|---|---|---|
| $256,250 | $300,000 | $377,500 |
Market Financial Highlights
The financial data presented here is an aggregation of reported revenue and earnings of Smoke Shops for sale in Ohio.
| Bound | Revenue | Seller’s Discretionary Earnings |
|---|---|---|
| Lower Quartile | $593,750 | $52,000 |
| Median | $762,500 | $240,000 |
| Upper Quartile | $825,000 | $272,500 |
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 Ohio.
| Bound | Revenue Multiple | Earnings Multiple |
|---|---|---|
| Lower Quartile | 0.38 | 1.31 |
| Median | 0.43 | 1.89 |
| Upper Quartile | 0.47 | 2.37 |
FAQ's
How much does it cost to buy a Smoke Shop in Ohio?
The median asking price for an established Smoke Shop in Ohio is $300,000, though prices range from under $256,250 to well over $377,500.
How much do Smoke Shops owners in Ohio earn?
The median reported revenue of Smoke Shops in Ohio is $762,500 and owners earn a median of $240,000, 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 Ohio, revenue multiples range from 0.38 to 0.47, with a median of 0.43. Earning multiples range from 1.31 to 2.37, with the median at 1.89. This means the typical Smoke Shop in Ohio may ask for around 0.43 times its annual revenue, and 1.89 times its annual owner earnings.
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