HS Listing ID-68425
Location: Manhattan, New York City
Asking Price: $470,000 (Including Inventory)
Weekly Sales: $28,000–$30,000
SDE (Absentee): $90,000+
Rent: $19,000 / Month
Lease Term: 6 Years Remaining (Landlord Willing to Extend)
Reason for Sale: Owner Relocating
Business Overview
This established Manhattan deli/supermarket offers a turnkey opportunity for an experienced operator or investor seeking a proven, cash-flowing food business in one of New York City’s busiest markets.
The store averages $28,000–$30,000 per week in sales and operates under an absentee-owner structure, producing an estimated $90,000 in annual net income. With a loyal neighborhood customer base, steady walk-in traffic, and a flexible landlord willing to renew or extend the lease, this business presents a solid foundation for continued success.
The sale includes all equipment, fixtures, goodwill, and inventory (valued between $30,000–$45,000).
Financial Summary
Asking Price: $470,000 (includes inventory)
Operational Highlights
Turnkey Operation: Fully staffed and currently run absentee by owner.
Consistent Revenue: Reliable weekly sales supported by repeat local customers.
High-Density Area: Surrounded by residential buildings, offices, and steady daily traffic.
Equipment Included: All fixtures and deli/supermarket equipment included in sale.
Growth Opportunities
Reinstate Beer License: Application has been resubmitted under a new corporation and is pending approval — adding this high-margin category could boost sales and profit.
Owner-Operator Model: A hands-on owner could reduce payroll and immediately improve margins.
Advertising & Signage: Minimal current marketing — additional local promotions could increase awareness and sales.
A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
Ad#:2442575
