Turnkey Supermarket In Manhattan For Lease - Business for Sale
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Neighborhood Supermarket in Manhattan, NY
Manhattan, NY, US
Added 1 day ago
Supermarket / Grocery Store
A long-standing, 2,500 sq ft neighborhood supermarket in Manhattan, NY, offering standard grocery departments with a focus on cold-cut halal meats and operating under a 3+5 year lease.
Key Information
Asking
$600K
Revenue
$1.8M
Earnings
$180K
Multiple
3.3x
Key Highlights
- Weekly sales: ~$35,000
- Owner take-home: $10,000–$20,000/month (fluctuates)
- Payroll: $6,000 weekly (~$24,000/month) for 6–7 employees, including a butcher
- Rent: $9,500/month with a 3% annual increase
- Store size: ~2,500 sq ft with full basement
- Inventory on hand: ~$350,000
- Business established at the same location for 25 years
- Sells standard grocery departments with a focus on cold-cut halal meats
- Newly obtained beer license, OTC & EBT approved, WIC application submitted
Contact Info
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