Supermarket - Business for Sale

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Supermarket in Essex County, NJ

NJ, US
Added 1 month ago
Grocery Store
Absentee / Semi-Absentee

A 50-year-old supermarket located in Essex County, New Jersey, offering groceries, lottery, cigarettes, and ice with a 20-year lease and absentee ownership.

Key Information

Asking

$750K

Revenue

$1.3M

Earnings

$329K

Multiple

2.3x

Key Highlights

  • Business has been operating for 50 years
  • Store space is 3,500 sq. ft. with an additional 3,500 sq. ft. of basement space
  • Business is currently run absentee
  • Includes a 20 year lease

Contact Info

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