Convenience Store for Sale in Prime Manhattan Location
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Financial Details
- Asking Price:
- $160,000
- Annual Revenue:
- $800,000
- Cash Flow / SDE:
- $80,000
- Profit Metric:
- Cash Flow
- Valuation Multiple:
- 2.0x
- Location:
- New York, NY, US
- Source:
- Date:
- September 15, 2025
Key Highlights
Prime Manhattan location on a busy avenue with high foot traffic.
Strong revenue of $800,000 with $80,000 cash flow, ideal for a hands-on owner.
Growing neighborhood with new hotel and apartment construction, indicating future potential.
Description
This established convenience store, located on a busy avenue in Manhattan, New York, has been serving the neighborhood for 20 years. The business boasts strong financials with $800,000 in sales and $80,000 in cash flow. It is currently owner-absentee, presenting a significant opportunity for a hands-on buyer to optimize payroll and potentially operate 24 hours. The store is known for its high volume of beer and smoking items. The surrounding area is experiencing growth with new hotel and apartment developments, and the location is conveniently close to public transportation, suggesting strong future potential.
Industry Information
- Industry Description:
- Convenience Store
- Classification:
- Retail
Operational Snapshot
- Year Established:
- 2005
Real Estate & Lease
- Status:
- Unknown
Listing Details
- Listing ID:
- f74e8d92-7f00-4e99-a117-5a27399147c7
- Source Listing ID:
- 35047
- Deal Status:
- For Sale
- Date Posted:
- November 05, 2022
- Last Updated:
- September 15, 2025
- Currency:
- USD
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