Profitable 25-Year Established Convenience Store for Sale in Somerset County, NJ
Financial Details
- Asking Price:
- $160,000
- Annual Revenue:
- $395,000
- Cash Flow / SDE:
- $100,000
- Profit Metric:
- Cash Flow (Seller's Discretionary Earnings)
- Valuation Multiple:
- 1.6x
- Location:
- NJ, US
- Source:
- Date:
- October 17, 2025
Key Highlights
Description
This listing features a highly profitable General Convenience Store situated in a prime main street location within Somerset County, New Jersey. The business has been successfully operating for 25 years, demonstrating stability and strong cash flow, with Seller's Discretionary Earnings (SDE) reported at $100,000 against an asking price of $160,000. Gross annual revenue is $395,000, supplemented by $45,000-$50,000 in ancillary income from lottery, ATM, and money transfer services. The store offers a wide variety of products, including high-demand items like electric bikes catering to the nearby university campus. The 2,700 sq ft space is available via a long-term lease at $5,500 monthly. The operation is manageable for an owner-operator or semi-absentee owner, and the seller is offering training and support as they plan to retire.
Industry Information
- Industry Description:
- Retail Convenience Store and General Store
- Classification:
- Retail
Operational Snapshot
- Year Established:
- 2000
- Employees:
- 3
- Reason for Selling:
- Planning to Retire
Real Estate & Lease
- Status:
- Leased
- Monthly Rent:
- $5,500 USD
Assets & Inventory
- Inventory Value:
- $40,000 USD
- Includes Inventory:
- No
Broker Contact
- Name:
- Sanjay Gupta
- Company:
- Tedd Min LLC
- Email:
- [email protected]
- Phone:
- (732) 896-1037
Listing Details
- Listing ID:
- 8a880c69-2733-4e0c-99bb-61757e0f5d78
- Source Listing ID:
- 2430604
- Deal Status:
- For Sale
- Last Updated:
- October 17, 2025
- Currency:
- USD