50 Yr Established 15,000 Sqft Supermarket + Property/plaza In NJ - Business for Sale
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Supermarket with Property and Plaza in Southern New Jersey
NJ, US
Added 1 month ago
Supermarket and Grocery Store
Absentee / Semi-Absentee
A 50-year established supermarket with a full bakery, meat department, and commercial kitchen operates in a 14,500 sq ft space within an 18,813 sq ft property in southern New Jersey, with real estate included in the sale.
Key Information
Asking
$3.0M
Revenue
$4.6M
Earnings
$275K
Multiple
10.9x
Key Highlights
- Supermarket occupies 14,500 sq ft within the building
- Property includes a 50+ car parking lot and 1 loading dock
- Total rent roll from property tenants is $120,000 per year
- Real estate taxes are $37,812 per year
- Business has been established for 50 years in Southern NJ
- Staff includes 35 employees (15 full-time, 20 part-time), with 5 department managers and an office manager with 10 years of experience
- Owners are semi-absentee
Contact Info
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