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

Features & Tags

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