Profitable Convenience Store for Sale in Somerset County, NJ
Financial Details
- Asking Price:
- $169,000
- Annual Revenue:
- $390,000
- Cash Flow / SDE:
- $90,000
- Profit Metric:
- Cash Flow
- Valuation Multiple:
- 1.9x
- Location:
- NJ, US
- Source:
- Date:
- September 15, 2025
Key Highlights
Description
This is a profitable convenience general store located in Somerset County, New Jersey. The business has been operating for 15 years and offers a wide range of products including snacks, beverages, tobacco products, over-the-counter medications, lottery, ATM services, and even electric bikes. The store generates approximately $390,000 in annual gross revenue and boasts a strong Seller's Discretionary Earnings (SDE) of $90,000. Additional income streams from lottery, ATM, and money transfer services contribute significantly to the business's profitability. The facility is 2,700 sq ft with a monthly rent of $5,500, and a long-term lease is available. The asking price is $169,000, which includes $20,000 in FF&E. Inventory of $25,000 is not included in the asking price. The business is easy to operate, suitable for a new owner-operator or semi-absentee owner, with 3 employees currently. The seller is retiring and willing to provide training and support.
Industry Information
- Industry Description:
- Convenience Store
- Classification:
- Retail
Operational Snapshot
- Year Established:
- 2010
- Employees:
- 3
- Reason for Selling:
- Retiring
Real Estate & Lease
- Status:
- Not_disclosed
- Monthly Rent:
- $5,500 USD
Assets & Inventory
- FF&E Value:
- $20,000 USD
- Includes FF&E:
- Yes
- Inventory Value:
- $25,000 USD
- Includes Inventory:
- No
Broker Contact
- Name:
- Sanjay Gupta
- Company:
- Tedd Min LLC
Listing Details
- Listing ID:
- ccf99938-a42e-44ef-883d-f964517dae36
- Source Listing ID:
- 2413158
- Deal Status:
- For Sale
- Last Updated:
- September 15, 2025
- Currency:
- USD