Grocery Convenience Store with Real Estate in Oneida County, NY
Financial Details
- Asking Price:
- $450,000
- Annual Revenue:
- $250,000
- Cash Flow / SDE:
- $85,100
- Profit Metric:
- Cash Flow
- Valuation Multiple:
- 5.3x
- Location:
- NY, US
- Source:
- Date:
- September 15, 2025
Key Highlights
Description
This is a well-established grocery convenience store located in Central New York, serving a town of approximately 1500 residents. It holds a unique position as the sole retail establishment within a five-mile radius, indicating strong local demand and minimal competition. The business boasts a long history, operating for approximately 40 years, making it a landmark in the community. The current owner is looking to retire and is offering a comprehensive package that includes both the operating business and the associated real estate. The property features the main store, three apartments situated above the store, and a separate 30x60 pole-type building on nearly an acre of land in the rear, which is currently rented out. This diversified income stream from both the convenience store and rental properties contributes to a healthy cash flow for the owner. The sale is a package deal and will not be subdivided. This presents a prime opportunity for an entrepreneur seeking a stable, community-focused business with significant real estate value.
Industry Information
- Industry Description:
- Food and Grocery Stores
- Classification:
- Retail
Operational Snapshot
- Year Established:
- 1985
- Reason for Selling:
- Retirement
Real Estate & Lease
- Status:
- Included
Listing Details
- Listing ID:
- 46e466e6-dd36-43cb-854c-d5cf26da74b7
- Deal Status:
- For Sale
- Date Posted:
- April 02, 2020
- Last Updated:
- September 15, 2025
- Currency:
- USD