Retail
Financial summary
Comparable pricing
29% below marketComparable Retail businesses sell at a median of 2.7x SDE, based on 609 listings. This one asks 1.9x, about 29% below that median. At the comparable median it would price ~$422K.Methodology refines over time.Comparable Retail businesses sell around $422K vs this $299K ask.
Methodology refines over time.
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
Typical SBA leverage
71%
Industry charge-off
2.2%
Common term
10 yr
Median loan
$250,000
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
low multiple and priced below 1.5x revenue.
Linked page lives on the broker site, not on OpenAcquisitions.
Key points
Business description
Hells Kitchen Wine & Liquor Store – Established Boutique, Absentee-Owned, Strong Upside Asking Price: $279,000 + Inventory Gross Revenue: ~$600,000/year Current Net (Absentee): ~$160,000/year Rent: $7,300/month Lease: 13 Years Remaining Size: 700 SF + Basement + Office/Storage Established: 1930 | Same Owner Since 1997 A rare opportunity to acquire a long-standing, boutique wine & liquor store in the heart of Hells Kitchen, Midtown Manhattan. Located on a busy main avenue with strong foot traffic and visibility, this business has been a neighborhood staple for nearly a century with a loyal, repeat customer base. The store features approximately 700 square feet of retail space, along with a full basement, office, and storage. It is clean, well-maintained, and fully built out—requiring no immediate capital improvements. A true turnkey operation. Absentee-Owned for Over 10 Years – Significant Upside The current owner has not been physically involved in the business for over a decade. The store is operating conservatively, creating a clear opportunity for a hands-on owner-operator to improve merchandising, tighten operations, and increase revenue. With active ownership and modern retail execution, this business has the potential to generate $1,000,000+ in annual sales , significantly improving profitability. Key Highlights: Prime Hells Kitchen location on high-traffic avenue Established in 1930 – same owner since 1997 Absentee-run for 10+ years Strong lease with 13 years remaining Fully built-out and turnkey Basement, office, and storage included Growth Opportunities: Transition to owner-operator model to increase margins Expand higher-margin wine and specialty inventory Introduce curated and premium selections Upgrade POS and inventory systems Add delivery (Drizly, Uber Eats, DoorDash, etc.) Utilize in-store tastings and local marketing Ideal for an experienced operator or entrepreneur seeking a stable, established business with immediate upside through hands-on ownership in a prime Manhattan location. Seller is open to serious and qualified offers.
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