Well-Established Grocery, 1.2mm Sales Broad Channel Rochaways

Financial summary

Asking Price

$375K

Cash Flow (SDE)

$245K

Gross Revenue

$1.2M

SDE Multiple

1.5x

SBA financeability

Businesses in retail trade are commonly SBA-financed. The figures below are the industry-category norm from SBA 7(a)/504 lending, a gauge of how financeable a deal like this tends to be.

Retail Trade benchmarks

Active lenders in this category: The Huntington National Bank, U.S. Bank, National Association, TD Bank, National Association.

Based on 13,075 SBA loans · source: SBA 7(a)/504 FOIA, as of 2026Q1 · industry-category level.

Detailed information

Industry

Retail

Source

eastcoast

First indexed

Jun 13, 2026

Data quality

Excellent (85/100)

low multiple and priced below 1.5x revenue.

Key points

• •Grocery market in Rockaway/Howard Beach area, operating 20+ years, grossing $1.22M annually with $275K+ net income potential.
• •Semi-absentee operation; recently renovated with $350K investment; rent is $7,600/month for 3,200 sq ft space.
• •Multiple revenue streams: groceries, deli, bagels, catering, lotto ($5–7K/month).
• •Asking $395,000; turnkey ready with modern equipment and loyal customer base.

Business description

\r\n Semi-Absentee- This profitable neighborhood market has been serving the Ozone PK- Howard Beach community for over 20 years . Recently renovated with a $350,000 investment , the store offers a modern layout, upgraded equipment, and a turnkey operation ready for a new owner. \r\n \r\n Business Highlights: \r\n \r\n \r\n \r\n Strong Sales : Grossing approximately $1.22 million annually \r\n Low Rent : Only $7,600/month for a spacious, fully built-out market \r\n \r\n \r\n \r\n High Net Income : An experienced owner-operator can net $275,000+ per year \r\n \r\n \r\n \r\n Multiple Revenue Streams : Groceries, deli, bagels, catering, and lotto (generating $5–7K/month) \r\n \r\n \r\n \r\n Recent Renovation : $350,000 in upgrades and improvements \r\n \r\n \r\n \r\n Ideal Buyer: \r\n \r\n Perfect for an experienced operator looking for a profitable, established business in a high-demand Queens neighborhood. The store is fully equipped, well-maintained, and positioned for continued growth. \r\n \r\n Asking Price: \r\n \r\n $395,000 (or best offer) 3200 sq 1400 sq kitchen 800 sq ft storage \r\n \r\n Don’t miss this rare opportunity to acquire a proven market in Howard Beach with strong earnings, low overhead, and a loyal customer base. 20 years yease \r\n

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