Turnkey Supermarket In Manhattan For Sale - Business for Sale
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Neighborhood Supermarket in Manhattan, NY
Manhattan, NY, US
Added 26 days ago
Supermarket / Grocery Store
A neighborhood supermarket in Manhattan, NY, operating for over 30 years at its current location, offering standard grocery departments with a focus on cold-cut halal meats and recently obtained beer license.
Key Information
Asking
$600K
Revenue
$1.8M
Earnings
$180K
Multiple
3.3x
Key Highlights
- Store size: approximately 2,500 sq ft with full basement
- Lease terms: 3 years plus 5-year option, $9,500/month rent with 3% annual increase
- Weekly sales: approximately $35,000
- Payroll: $6,000 weekly for 6–7 employees, including a butcher
- Owner take-home: $10,000–$20,000/month (fluctuates)
- Inventory on hand: approximately $350,000
- Business has operated at the same location for 25 years
- Sells standard grocery departments with a focus on cold-cut halal meats
- Beer license obtained, OTC & EBT approved, WIC application submitted
Contact Info
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