40+ Year Legacy Gourmet Market Real Estate Included

HS Listing ID-71894 Own one of Westchester County’s premier specialty food destinations with both the operating business and the underlying real estate included in the sale. Established for over 40 years and backed by more than 75 years of family heritage, this highly respected gourmet market has built an exceptional reputation for premium products, outstanding service, and a loyal customer base. Generating approximately $2.1 million in annual revenue and $384,000 in Seller’s Discretionary Earnings, the business benefits from multiple revenue streams including premium meats, fresh seafood, prepared foods, bakery, gourmet groceries, imported cheeses, produce, and seasonal holiday offerings. This diversified model creates stable, year-round revenue while reducing dependence on any single department. The sale includes the owned commercial real estate, providing long-term occupancy control and investment value. The property also offers a unique development opportunity, with zoning that permits the addition of two residential floors above the existing building, creating significant future upside. The facility has been meticulously maintained and features approximately $500,000 in equipment and fixtures, updated infrastructure, and a whole-building backup generator for uninterrupted operations. The current owner has operated the business successfully for decades and is retiring due to health reasons. A trained staff is already in place, making for a smooth transition. Additional growth opportunities include opening on Sundays, expanding catering services, introducing delivery and online ordering, extending operating hours, and increasing prepared food offerings. Management estimates these initiatives could significantly increase revenue without major capital investment. Asking Price: $3,000,000 Business: $900,000 Real Estate: $2,100,000 Annual Revenue: $2.1 Million Cash Flow (SDE): $384,000 Real Estate Included 40+ Years in Business Approximately $500K in Equipment & Fixtures Development Opportunity with Residential Expansion Potential This is a rare opportunity to acquire a profitable, multi-generational gourmet food market together with valuable real estate in one of Westchester County’s most affluent communities. Confidential information is available to qualified buyers upon execution of an NDA and proof of funds A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION