Recently Opened Specialty Grocery Store For Sale
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HS Listing ID-69067
Industry: Specialty Grocery / Provisions
Year Established: 2024
Asking Price: $150,000
Owner works here full time
Business Description
Recently opened specialty grocery and provisions store, established in September 2024. The business operates from a 1,000 square foot storefront with an unfinished basement that provides additional storage or future expansion potential, subject to approvals. The operation is straightforward with limited licensing requirements and a modern build-out already in place.
Facility & Lease
Size: 1,000 square feet
Rent: $5,500 per month
Annual Rent: $66,000
Annual Rent Increase: 3%
Lease Term: 10 years remaining
Licensing & Operations
Prep license in place
No kitchen
No beer or wine license
Unfinished basement included for storage or future use
Financial Summary (Annualized)
Gross Revenue: $500,000
Cost of Goods Sold (65%): $325,000
Gross Profit: $175,000
Gross Margin: 35%
Less Expenses:
Rent: $66,000 annually
Insurance, utilities, cable, and internet: Estimated $20,000–$25,000 annually
Net Income
Estimated Net Income: $84,000–$89,000 per year
Highlights
Newly opened in September 2024 with modern build-out
Simple operation with limited regulatory complexity
Strong gross margins for a specialty grocery/provisions concept
Basement provides operational and expansion upside
Long-term lease in place offering stability
Ideal Buyer
Owner-operator
Specialty grocery or provisions operator
Existing concept seeking a turnkey location without heavy build-out
A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
Industry: Specialty Grocery / Provisions
Year Established: 2024
Asking Price: $150,000
Owner works here full time
Business Description
Recently opened specialty grocery and provisions store, established in September 2024. The business operates from a 1,000 square foot storefront with an unfinished basement that provides additional storage or future expansion potential, subject to approvals. The operation is straightforward with limited licensing requirements and a modern build-out already in place.
Facility & Lease
Size: 1,000 square feet
Rent: $5,500 per month
Annual Rent: $66,000
Annual Rent Increase: 3%
Lease Term: 10 years remaining
Licensing & Operations
Prep license in place
No kitchen
No beer or wine license
Unfinished basement included for storage or future use
Financial Summary (Annualized)
Gross Revenue: $500,000
Cost of Goods Sold (65%): $325,000
Gross Profit: $175,000
Gross Margin: 35%
Less Expenses:
Rent: $66,000 annually
Insurance, utilities, cable, and internet: Estimated $20,000–$25,000 annually
Net Income
Estimated Net Income: $84,000–$89,000 per year
Highlights
Newly opened in September 2024 with modern build-out
Simple operation with limited regulatory complexity
Strong gross margins for a specialty grocery/provisions concept
Basement provides operational and expansion upside
Long-term lease in place offering stability
Ideal Buyer
Owner-operator
Specialty grocery or provisions operator
Existing concept seeking a turnkey location without heavy build-out
A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
About the Business
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 1,000
About the Sale
- Seller Motivation
- Other business interests.
- Transition Support
- Yes.
Listing Info
- ID
- 2460571
- Listing Views
- 3
Listing ID: 2460571 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
Businesses for SaleNew York Businesses for SaleNew York Food & Beverage Businesses for SaleNew York Grocery & Supermarkets Businesses for Sale
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