Spermarket with 5 Units shopping center of 48000 SQF

Asking Price$14,000,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue

Inventory$2,000,000
Included in asking price
FF&E$900,000
Included in asking price
Real Estate$9,000,000
Not included in asking price
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Spermarket with 5 Units shopping center of 48000 SQF


Asking Price$14,000,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue

Inventory$2,000,000
Included in asking price
FF&E$900,000
Included in asking price
Real Estate$9,000,000
Not included in asking price
Business Description
This property/ shopping center including features a 46,000-square-foot shopping center building located in Montgomery County, Pennsylvania. It houses a flagship supermarket—spanning an impressive 20,000 square feet and generating $14 million in annual revenue—along with four additional tenant spaces, and offers a total parking capacity of 250 vehicles. Although the supermarket currently enjoys a below-market rental rate, the combined annual rental income from the supermarket and the four other tenants totals $540,000. The supermarket's rent was intentionally set very low because the building owner does not participate in daily operations, relying instead on a hired manager to run the business. If rental rates were calculated at market value, the total annual rental income for the entire 46,000-square-foot center would likely exceed $1 million. Since the owner is completely hands-off regarding the supermarket's operations—leaving everything to a manager and an assistant manager—a family-run operation could significantly boost sales volume and increase overall profitability. The supermarket is equipped with eight automated checkout lanes, a manager's office, an in-house bakery, a deli counter, a meat department, and a particularly strong and successful produce section. The rear of the building features two large loading docks and three access doors. With four separate road access points leading to the supermarket, customers enjoy very convenient entry. Furthermore, the four other tenants within the center have invested substantial capital into their spaces; consequently, they are reliable rent payers, reflecting the high value—and associated key money—placed on securing a lease in this location. The second floor, while not entirely dedicated to this purpose, contains eight units suitable for use as office space, as well as a kitchen area and seating space where employees or the owner can take breaks and dine. There is no basement level. The supermarket features high ceilings, offering ample vertical space; a new owner—particularly one with a large family workforce—could significantly increase sales revenue by expanding the product inventory. As the current owner is entirely uninvolved in daily operations, any interested parties are required to sign a Non-Disclosure Agreement (NDA) as a first step, and should be prepared to demonstrate the ability to provide a minimum down payment of 25%. We can only disclose the address and business name to prospective buyers who are financially qualified to secure the necessary down payment through a bank loan. The seller strictly requests that neither the employees nor the customers be made aware of the sale until the closing ceremony is finalized. Therefore, if you are interested, we offer a one-week due diligence period during which you may observe all aspects of the business; if you are satisfied, we proceed to the next step, but if you are not, you are under no obligation to purchase. Additionally, the roofing is in excellent condition, ensuring proper drainage and protection.
About the Business
Real Estate
Owned or Leased
Owned
Not included in asking price
Building Sq. Ft.
48,000
About the Sale
Transition Support
2 weeks
Listing Info
ID
2491658
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Business Listed by: Peter Han PK Property ,real estate company in PA,NJ,NY.

Listing ID: 2491658 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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