Midtown Manhattan Smoke & Convenience Store – Absentee Owner
Prime opportunity to acquire a profitable smoke and convenience store just one block from Madison Square Garden in Midtown Manhattan. This 500 sq. ft. store benefits from heavy foot traffic and operates 24/7, making it a highly attractive investment.
Business Highlights
Monthly Sales: Approx. $60,000
Net Income: Approx. $20,000/month
Rent: $5,700 (electric included) — well below the neighborhood average of $30,000
Employees: 3 trained staff in place
Operations: Fully absentee ownership, documented financials, no illegal sales
Lease: 8 years remaining
Investment Advantages
Prime Midtown Manhattan location near Madison Square Garden
Turnkey operation with stable revenue and absentee structure
Strong upside potential with Lotto addition and optimized operations
Favorable lease terms with rent significantly below market value
Requirements
Landlord requires strong credit for approval
Proof of funds is mandatory
Serious inquiries only
Asking Price: Available upon request for qualified buyers.
