Well-Established Grocery, 1.2mm Sales Broad Channel Rochaways - Business for Sale
Request Information
The contact information for this deal is locked. If you wish to unlock this information, you need to upgrade to SMB Deal Hunter Pro.
🛒
Neighborhood Grocery Store in Queens, NY
Queens, NY, US
Added 1 month ago
Food & Beverage, Retail Stores
Absentee / Semi-Absentee
Neighborhood grocery store offering groceries, deli, bagels, catering, and lotto services in Queens, NY, operating for over 20 years.
Key Information
Asking
$375K
Revenue
$1.2M
Earnings
$245K
Multiple
1.5x
Key Highlights
- Grossing approximately $1.22 million annually
- Net income for owner-operator estimated at $275,000+ per year
- Rent is $7,600/month
- Store size: 3,200 sq ft with 1,400 sq ft kitchen and 800 sq ft storage
- Recently renovated with $350,000 in upgrades
- Lotto generates $5,000–$7,000 per month
- Business established for over 20 years
- Semi-absentee ownership
Contact Info
Unlock Premium Features
Get everything you need to find, finance, and acquire your business
Personalized Deal Flow
On and off market deals curated to your search criteria.
Unlimited 1:1 M&A Support
Expert advisors to help you spot red flags, negotiate your offer, and hand hold you all the way to close.
Pre-Vetted Deal Team
- * Intros to our preferred lenders
- * Access to our investor community
- * Discounted 3rd party Financial and Legal diligence