Listing ID: 68425

Business Overview

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

Business Owners: We represent qualified clients that are very interested in buying all types of businesses. If you have any interest in selling your business at this time or in the near future please contact me at info@hedgestone.com. Our buyers are already qualified and willing to invest their time and money toward a business like yours. All communications are kept STRICTLY CONFIDENTIAL.

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FOR INTERESTED PARTIES PLEASE CALL US AT (561) 593-3711

Financial

  • Asking Price: $470,000
  • Cash Flow: $90,000
  • Gross Revenue: $1,500,000
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: Yes
  • Established: N/A

Detailed Information

  • Property Owned or Leased:Lease
  • Property Included:N/A
  • Building Square Footage:N/A
  • Lot Size:N/A
  • Total Number of Employees:N/A
  • Furniture, Fixtures and Equipment:N/A
Purpose For Selling:

Owner Relocating.