Monmouth County Super Food Mart With Lotto For Sale

Business description

We offer for your consideration, information concerning the asset sale of a large ultra modern Food Mart in Monmouth County, NJ. The facility is very modern, 6,000 square feet and offers a full service of foods in various departments. The business is located on a major NJ highway with thousands of drive by commuters and a huge number of commercial businesses. The business is one year young, ultra modern with new equipment, refrigeration and walk in boxes, etc. The owner of the business is absentee, is the landlord and built the facility in order to sell and remain as the landlord. The business has limited hours, no lotto and no advertising. The sale includes a long term lease with an option to purchase the real estate. This is a solid opportunity to own a major C Store / Food Market in a prime area of New Jersey. The business requires an onsite owner, increased hours, lotto and onsite management. Recently approved for Lotto.

Property information

Real Estate:

Lease

Lease terms:

The sale will include a long term 20 year lease with an option for purchase and a rent of $7,000 monthly triple net.

Location:

Located on a major state highway in a busy urban commercial area of New Jersey. This is also a prime commercial area with a huge number of residential apartments with many shoppers and workers.

Premises details:

The facilities consist of 6,000 square feet, very modern with substantial equipment and ample private parking. The business has an indoor capacity for 75 customers and Private parking for 26 vehicles is part of the lease agreement.

Size in square feet:

6000sqft

Other information

Expansion potential:

The business requires onsite managment, lotto and increased hours.

Competition / Market:

No other food marts C Stores are in this immediate area.

Support & training:

The seller will remain after the transfer for a full transitional period.

Reasons for selling:

Retirement after 33 successful years.

Trading hours:

Monday thru Sunday
8:00 am to 9:00 pm

Owner financing:

Owner financing is available. Please contact the seller for more information.

Financing available:

Owner financing is available to qualified buyer.

Furniture / Fixtures value:

$375,000 (included in the asking price)

Inventory / Stock value:

$100,000