NYC Supermarket – $3.1M Revenue – 100% Absentee – Overseas Owner - Business for Sale
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Absentee-Run Supermarket in Manhattan, NY
Manhattan, NY, US
Added 6 months ago
Food & Beverage, Retail Stores, Wholesale & Distribution
RemoteAbsentee / Semi-Absentee
Absentee-owned supermarket located in Manhattan, NY, operating with annual revenues over $3.1 million and managed by an overseas owner.
Key Information
Asking
$350K
Revenue
$3.1M
Earnings
$191K
Multiple
1.8x
Key Highlights
- Business is 100% absentee operated by an overseas owner
- Payroll: $478,284 per year
- Rent: $408,000 per year
- Potential to reduce payroll by $6,000–$8,000 per month
- Additional non-operating income sources include ATM, bottle deposit, and vendor rebates
Contact Info
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