Fully Equipped Grocery Store - Passaic, NJ | Active Lease + Full Inv
Business Description
Fully equipped grocery store. The business has been operating for +10 years.
What is included: full inventory (~$40,000 at cost), installed gondola shelving, display refrigerators, and active POS system. EBT accepted. Commercial lease in place with 53 months remaining.
Strong growth potential: expanding the product portfolio, adding lottery, and increasing local marketing are all immediate opportunities with low investment required.
Located in a high-density area with a large Hispanic community and consistent daily shopping demand.
Reason for selling: owner is relocating operations to a new location.
Asking price: $100,000. Serious inquiries only. Contact us for more details.
What is included: full inventory (~$40,000 at cost), installed gondola shelving, display refrigerators, and active POS system. EBT accepted. Commercial lease in place with 53 months remaining.
Strong growth potential: expanding the product portfolio, adding lottery, and increasing local marketing are all immediate opportunities with low investment required.
Located in a high-density area with a large Hispanic community and consistent daily shopping demand.
Reason for selling: owner is relocating operations to a new location.
Asking price: $100,000. Serious inquiries only. Contact us for more details.
About the Business
- Years in Operation
- 12
- Employees
- 3 Full-time
- Facilities & Assets
- Facilities & Assets
Gondola shelving, display refrigerators, and active POS system (Quilt). Full inventory included (~$40,000 at cost). EBT accepted. Commercially leased space with 53 months remaining on the contract. Store is fully operational and ready to hand over to a new owner. - Market Outlook / Competition
- Market & Competition
High-density urban area with strong demand for affordable grocery and convenience products. Passaic has a large Hispanic community with consistent daily shopping habits and high foot traffic in the surrounding blocks. Limited direct competition in the immediate area for this store format. - Opportunities for Growth
- Growth & Expansion
EBT recently activated with immediate positive impact on revenue, still in early stages with significant upside remaining. Additional opportunities include expanding the product portfolio, adding lottery, and increasing visibility through local marketing. Store has room to grow ticket size and customer frequency with the right operator focus.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 4,500
- Rent
- $5,197.00 per month
- Lease Expiration
- 8/31/2030
About the Sale
- Seller Motivation
- Reason for Selling Owner is relocating operations to a new location.
- Transition Support
- Support & Training
Owner available for 2-week transition and training.
Listing Info
- ID
- 2488746
- Listing Views
Business Location
Listing ID: 2488746 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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