30000 Sqf Supermarket Including 56000 Sf Shopping Center For Sale

Asking Price$13,900,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue

InventoryNot Disclosed

FF&E$2,000,000
Included in asking price
Real EstateNot Disclosed

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30000 Sqf Supermarket Including 56000 Sf Shopping Center For Sale


Asking Price$13,900,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue

InventoryNot Disclosed

FF&E$2,000,000
Included in asking price
Real EstateNot Disclosed

Business Description
Supermarket business with 46000 sqf shopping center
Lowered price from 14.9 Million to 13.9 Million.Super market business includes approximately $1.8 Million in inventory and including 5 leased units (leased )shopping center real estate
A 46,000-square-foot bilding with 5 tenant units in Montgomery County, Pennsylvania, with parking for 200 cars, One unit is a supermarket with annual sales of $18 million and annual rental inome of $52,510.96 from all 5 tenants. The supermarket continues to grow and is attractive, and well-maintained. The Supermarket generates approximately $1.8 million in net income, plus $52,510.96n rent from 5 rental units . The supermarket has seven automated cashier tables and is very well-equipped. This deal includes 4 cars. The leased stores are all doing well, and the business is able to sell for a high price, which is why the rent is paid well. Please call, as we only speak to qualified buyers.If you are interested, we arrange a meeting with the seller, during which they will personally provide explanations and present all relevant documentation. Since all the information presented here is based on the seller's statements, you can simply meet with them in person to verify the details together. Of course, the seller may also request certain documents to verify the buyer's qualifications.
In particular, since the store is currently operated with the assistance of a General Manager and an Assistant Manager, if the next buyers can work there personally, they can save make much more not to pay for general & assistant manager's salary and can build uo more business. Notably, one of these businesses generated over $2 million in sales last year, and the tenant secured a 30-year lease agreement. Each unit has been fully renovated and customized by its respective tenant, ensuring that all spaces are in excellent working order. This sale transaction includes two existing contracts for the procurement of fresh produce, and a separate area dedicated to the cleaning and preparation of vegetables is situated at the rear of the premises.The supermarket also houses a large compactor for processing waste paper, along with two large loading docks and two smaller access doors located at the rear of the building. As for the remaining five commercial units within the complex, all are currently occupied by tenants actively operating their own businesses.
About the Business
Employees
21 (15 Full-time, 6 Part-time)
Facilities & Assets
The supermarket facilities are exceptionally well-appointed. They feature an in-house bakery for fresh bread, a dedicated meat-cutting station and approximately 10 walk-in coolers and refrigerators; furthermore, the interior boasts impressively high ceilings. The store is equipped with eight automated checkout lanes and the main entrance features a double-door vestibule system. All interior amenities are in excellent condition, and the administrative office is fully equipped to handle all operational tasks. Additionally, the second floor of the building contains approximately eight rooms that can serve as small private offices or be leased out to tenants. Located on one side of the second floor is a kitchen area spanning approximately 500 square feet, providing a dedicated space where employees can prepare and enjoy their meals.
Opportunities for Growth
Since the current seller is not doing any work at all so the owners could significantly boost sales by personally managing the store specifically by expanding the product range (particularly vegetables and similar items) or by extending the store's operating hours.
Real Estate
Owned or Leased
Owned
Not included in asking price
Building Sq. Ft.
46,000
About the Sale
Seller Motivation
All 4 sellers wish to retire.
Transition Support
Typically, the sellerwill train for a duration of two weeks. However, in the unlikely event that the incoming staff member wishes for the work to continue beyond that two-week period, you may be able to extend your employment with compensation subject to negotiation with the current Manager or Assistant Manager.
Listing Info
ID
2416233
Listing Views
810

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Business Listed by: Peter Han PK Property ,real estate company in PA,NJ,NY.

Listing ID: 2416233 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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