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27077397
27077398

655 Grand St., Brooklyn, NY 11211

RM
NY 10401265094
KW Commercial NYC - Queens/Jackson Heights
PZ
NY 10401260640
Keller Williams Rty Gold Coast
Listed by KW Commercial NYC - Queens/Jackson Heights, Keller Williams Rty Gold Coast
$165,000
269 days on market
Updated 29 days ago

Thriving Asian Grocery Store with Bubble Tea & Juice Bar

Details
Property Type Business for Sale
Sub Type Business Only
Units 1
NOI $143,000
Occupancy 100%
Tenancy Single
Lease Type NNN
Lease Term 10
Remaining Term 3
Lease Options Renewal

Business for Sale

Marketing description

High-traffic East Williamsburg location surrounded by schools & gym

Exceptional opportunity to acquire a profitable, high-margin grocery and beverage concept in the heart of East Williamsburg, Brooklyn. Strategically positioned near schools, gyms, restaurants, and dense residential developments, this location benefits from constant daily foot traffic and strong local demand.

Business Highlights:

- Diverse revenue streams – Grocery + Bubble Tea & Juice Bar

- High-margin beverage sales driving repeat business and brand loyalty

- Fully equipped with multiple refrigeration units, display coolers, and beverage prep station

- Turnkey operation with streamlined systems in place

- Established presence on major delivery platforms

- 7-day operating schedule capturing maximum market potential

- Seller to provide comprehensive training and growth strategy guidance

This is a confidential offering ideal for experienced operators or investors seeking a scalable, proven business in one of Brooklyn’s most dynamic and rapidly evolving neighborhoods.

Investment highlights

  1. Turnkey Business – Fully equipped 2,000 SF Asian grocery and specialty market with popular bubble tea & juice bar included in sale.

  2. Strong Financial Performance – Generating approximately $627,000 in annual revenue and $143,000 NOI

  3. Prime Brooklyn Location – Situated in East Williamsburg along a vibrant retail corridor, surrounded by dense residential buildings, schools, gyms, and restaurants, ensuring steady foot traffic.

  4. Digital Delivery Ready – Active accounts with DoorDash, Uber Eats, and Grubhub, offering immediate revenue streams and expansion potential.

  5. Low Overhead Lease – Favorable lease terms at $6,500/month, with a new lease to be signed with landlord.

  6. All FF&E Included – Sale includes approximately $50,000 worth of furniture, fixtures, equipment, and inventory, creating a true plug-and-play operation.

  7. Established Footprint – Newly branded in 2023 with strong neighborhood demand; former fruit salad store operated for 30 years, maintaining a loyal customer base.

  8. High-Growth Area – East Williamsburg is one of Brooklyn’s fastest-growing communities, driven by residential development and cultural diversity.

Listing Contacts

RM
NY 10401265094
KW Commercial NYC - Queens/Jackson Heights
PZ
NY 10401260640
Keller Williams Rty Gold Coast
Listed by KW Commercial NYC - Queens/Jackson Heights, Keller Williams Rty Gold Coast

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$143,000.00
$11,916.67/mo

Valuation Metrics

0
DSCR
86.67%
Cap Rate
86.67%
ROI

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Additional Information

Name
Raymond Mo
License
10401265094
Brokerage
Keller Williams Realty Gold Coast
Brokerage Phone
(516) 482-0200
Brokerage Address
1129 Northern Boulevard
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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