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Thriving Specialty Supermarket with Loyal Customer Base

Grocery StoreFor sale in New York, New YorkEst. 20194 employees
Thriving Specialty Supermarket with Loyal Customer Base
Photos on request

$185,000

For Sale
Asking price
  • Seller financing available

    The seller is open to letting you pay part of the price over time.

  • Long lease in place

    The current lease runs for several more years.

  • Training included

    The seller will help you get up to speed after closing.

About this business

Thriving Queens specialty supermarket with deli, offering Mediterranean products in a high-traffic corner location. Features a loyal customer base, fully trained staff, and includes a covered patio and small kitchen. Perfect for owner-operators looking to capitalize on the growing healthy food market.

The numbers

How the asking price compares with what the business brings in each year.

  • Asking price$185,000
  • Annual Revenue$600,000
  • SDE$95,000
1.9×
Price to SDE
0.3×
Price to revenue
16%
SDE margin
Approx. Inventory Value
$120,000
Approximate FF&E
$132,000

Details

2019
Established · 7 yrs
4
Employees
Grocery Store
Business type
Leased
Premises

Financing & transition

Seller financing
Yes
Training after the sale
Included
Cost
Free

Property & lease

Premises
Leased
Rent (monthly)
$6,000
Lease Expiration
Oct 1, 2041

Where it is · New York, New York

Somewhere in New York, New York. The exact address is not on this listing.

Somewhere in New York, New York

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The information in this listing has been provided by the business seller or representative stated above. Venturu has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.

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