Busy News & Convenience Store for Sale in Passaic County, NJ

This is a fantastic opportunity to acquire a well-established and profitable neighborhood news and convenience store located in a high-traffic area of Passaic County, New Jersey. The business has built a loyal customer base by offering essential items such as newspapers, snacks, beverages, and tobacco products. With a gross revenue of $109,684 and a Seller's Discretionary Earnings (SDE) of $56,317, this store presents excellent value at an asking price of $60,000. The sale includes $15,000 in inventory and $3,000 in Furniture, Fixtures, and Equipment (FFE). The business operates from a leased 900 sq. ft. space with a favorable rent of $2,500 per month and a lease expiration in September 2028. It is staffed by 2 employees. The seller is offering one week of transition support to ensure a smooth handover. This turnkey operation is ideal for an entrepreneur looking for a steady income stream in the retail sector.