Well Established Absentee Ran Supermarket In Brooklyn NY For Sale - Business for Sale
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Absentee-Run Supermarket in Brooklyn, NY
Brooklyn, NY, US
Added 5 months ago
Supermarket in Brooklyn
Absentee / Semi-Absentee
A well-established, absentee-run supermarket located in a high-traffic area of Brooklyn, NY, operating in the retail industry.
Key Information
Asking
$1.5M
Revenue
$6.3M
Earnings
$400K
Multiple
3.8x
Key Highlights
- Gross margins: 35%
- Weekly sales: $121,000
- Payroll: $16,000 per week
- Inventory included in price: $300,000
- Rent: $25,000 base + $10,000 taxes per month ($35,000/month total)
- Insurance: $68,000 per year
- Rebate: ~$186,000
- Store size: 10,000 sqft plus full basement (not utilized)
- Lease term: 10 years, extensions possible for experienced operators
- Business established over 20 years in Brooklyn
- Staffing: approximately 25–30 employees, union store, each department has its own manager
- Owner is absentee, store manager in place
Contact Info
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