70 Year Established Upstate NY Supermarket + Property
IGA-Affiliated Supermarket With Property in Upstate NY
On NextCompany since September 13, 2026 (32 days)
NY area
Business overview
This IGA-affiliated supermarket serves customers in Upstate NY. The same family has owned the grocery store since the 1950s. The store includes a commercial-grade kitchen. The seller asks $4,250,000 for the business and real estate.
Who is a good fit for this business
- Owner-operators seeking a family-run grocery business with an IGA affiliation.
- Buyers seeking property ownership alongside retail operations, with dedicated storage and customer parking.
Details
- Reason for selling
- Retirement
- Real estate
- Owned, included in sale
Frequently Asked Questions
The sale includes a 12,000 sq ft building on 0.78 acres. The building contains 10,000 sq ft of retail space and 2,000 sq ft of storage. The property accommodates parking for 50 cars.
The store carries inventory valued at $500,000. The asking price excludes that inventory.
The supermarket reports 2024 total net sales of $5,955,148. The listing reports seller's discretionary earnings of $400,000.
The husband-and-wife owners plan to retire. They currently operate the supermarket themselves.