Mixed Demographic 10k Sqft+ Supermarket with Unbelievable Low Rent
Business Description
This established supermarket presents an exceptional opportunity in Norristown, PA's thriving Montgomery County market. Operating successfully since 2021, the business generates approximately $3 million in annual revenue from a spacious 10,000 square foot facility.
The supermarket benefits from an outstanding location in a well-established shopping plaza anchored by major retailers including Tractor Supply, Chick-fil-A, and Urban Air. The strategic positioning directly across from a hospital ensures consistent foot traffic and diverse customer demographics. This prime real estate commands remarkably low rent at just $10,000 per month plus CAM charges, providing significant competitive advantages in today's market.
The facility comes fully equipped with $800,000 in fixtures, furniture, and equipment, featuring comprehensive fresh seafood, meat, grocery, and kitchen departments. The newly installed kitchen area expands operational capabilities and revenue potential. The layout accommodates various specialty formats including Asian, Indian, Middle Eastern, or other international supermarket concepts.
Operational efficiency is maximized through lean staffing requirements, typically requiring only two employees for seafood and meat departments plus front-end cashier coverage per shift. The business maintains approximately 6 years remaining on the current lease with a 5-year extension option, providing long-term operational security.
The owner is divesting due to focus on larger investment opportunities, creating an ideal acquisition scenario for an operator seeking an established, profitable grocery operation. With strong revenue performance, exceptional location benefits, and below-market rent structure, this supermarket offers immediate cash flow potential with room for growth through enhanced marketing and expanded product offerings.
This opportunity suits experienced grocery operators or investors seeking entry into the stable supermarket sector with established systems, prime location advantages, and proven financial performance.
The supermarket benefits from an outstanding location in a well-established shopping plaza anchored by major retailers including Tractor Supply, Chick-fil-A, and Urban Air. The strategic positioning directly across from a hospital ensures consistent foot traffic and diverse customer demographics. This prime real estate commands remarkably low rent at just $10,000 per month plus CAM charges, providing significant competitive advantages in today's market.
The facility comes fully equipped with $800,000 in fixtures, furniture, and equipment, featuring comprehensive fresh seafood, meat, grocery, and kitchen departments. The newly installed kitchen area expands operational capabilities and revenue potential. The layout accommodates various specialty formats including Asian, Indian, Middle Eastern, or other international supermarket concepts.
Operational efficiency is maximized through lean staffing requirements, typically requiring only two employees for seafood and meat departments plus front-end cashier coverage per shift. The business maintains approximately 6 years remaining on the current lease with a 5-year extension option, providing long-term operational security.
The owner is divesting due to focus on larger investment opportunities, creating an ideal acquisition scenario for an operator seeking an established, profitable grocery operation. With strong revenue performance, exceptional location benefits, and below-market rent structure, this supermarket offers immediate cash flow potential with room for growth through enhanced marketing and expanded product offerings.
This opportunity suits experienced grocery operators or investors seeking entry into the stable supermarket sector with established systems, prime location advantages, and proven financial performance.
About the Business
- Years in Operation
- 5
- Employees
- 3 Full-time
- Facilities & Assets
- MAJOR EQUIPMENT INCLUDED:
Walk-in cooler and freezer, more than 35 display and chest freezers, 3 complete POS/cash-register systems, Toyota forklift, commercial shelving, meat slicer, range with oven, floor fryer, and more. - Market Outlook / Competition
- A low rent lease in a high traffic shopping center. Please contact for more details.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 10,000
- Rent
- $10,000 per month
About the Sale
- Seller Motivation
- The owner has larger investments and cannot give this location enough attention.
- Transition Support
- Please contact for more details.
Listing Info
- ID
- 2557961
- Listing Views
Business Location
Listing ID: 2557961 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.
Businesses for SalePennsylvania Businesses for SalePennsylvania Food & Beverage Businesses for SalePennsylvania Grocery & Supermarkets Businesses for Sale
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