70 Year Established Upstate NY Supermarket With Property For Sale - Business for Sale
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70-Year Established Supermarket with Property in Upstate NY
New York, NY, US
Added 1 month ago
Supermarket
Retiring Owner
A family-owned, IGA-affiliated supermarket with a 70-year history, including real estate, is for sale in Upstate New York.
Key Information
Asking
$4.3M
Revenue
$6.0M
Earnings
$400K
Multiple
10.6x
Key Highlights
- Business is a family-owned, IGA-affiliated supermarket established in the 1950s
- 2024 total net sales: $5,955,148
- Includes real estate: 12,000 sq ft building (10,000 sq ft retail, 2,000 sq ft storage) on 0.78 acres, valued at ~$2 million
- Weekly sales: $115,000
- Weekly payroll: $16,000
- Inventory included: $500,000
- Property taxes: $48,000 annually
- Parking for 50 cars
- Business is owner operated (husband and wife)
- Franchise status: IGA-affiliated
Contact Info
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