Excellent opportunity to acquire a well established neighborhood mini market located in a high visibility location with strong daily foot traffic.


Property

Website:https://www.nestseekers.com/5614250
Address:
New York, NY 11423
Ownership: For Sale
Type: Unknown
Bedrooms: Studio
Lot Size: 0.0 Acres

Financials

Price:$875,000

Description

Excellent opportunity to acquire a well-established neighborhood mini market located in a high-visibility location with strong daily foot traffic. This turnkey business comes equipped with a substantial amount of supermarket equipment, including numerous refrigerated display units, shelving, fixtures, and other essential store furnishings. The property features two fully equipped kitchens, a finished full basement offering extensive storage space, a private office, a bathroom, and a comprehensive security camera system. An attached restaurant space provides additional flexibility and may continue operating as a restaurant (subject to any required approvals) or be incorporated into the existing market to expand the retail footprint. The business reported approximately $1.5 million in gross revenue during 2025. Seller indicates that 2026 sales have declined as they prepare for retirement/sale, with reduced investment in inventory due to other business ventures and increased family commitments. This is an excellent opportunity for an owner-operator, investor, or entrepreneur looking to build upon an established foundation. Whether you choose to continue the current concept or modernize and reposition the business, the property offers flexibility and significant potential for future growth. Buyers are encouraged to perform their own due diligence regarding financial performance, operations, and any intended future use. This is for sale of the business. The rent is currently at $12,900 per month. Contact the listing agent for additional information or to schedule a confidential showing.

Amenities

  • Bathrooms
  • Convection Oven
  • Cooktop
  • Gas Cooktop
  • Gas Oven
  • Gas Range
  • Oven
  • Refrigerator
  • Stainless Steel Appliance(s)
  • Storage

Contact

24-20 Jackson Ave Floor 3 Long Island City, NY 11101, USA
Listing Courtesy of Concrete Jungle NYC Realty