NOT DISCLOSED, New Jersey
| Asking Price |
$775,000 |
Year Established |
1985 |
|
| Annual Revenue |
$60,240 |
Reason for Selling |
Retiring |
|
| Annual P/L |
$0 |
Attention |
Maureen Murray |
|
| Annual Cash Flow |
$38,640 |
Listing Number |
1003671 |
|
| # of Employees |
|
Business Category |
Commercial Real Estate: Retail & Shopping Centers |
|
Business Overview:
Strip Center with 3 stores for sale in South Jersey. Fully renovated pizzeria, there for 5 years with 5 years remaining on lease. Chicken take out, which has been there for 20 years, with 1 year remaining on current lease with a 5 year option. Full renovated beauty/barber shop, has 2 years left on current lease with a 5 year option. New roof and 2 new HVAC units on pizza and chicken spaces. Each space is 1,000 sqft, located on a very busy road. Seller pays taxes and insurance. In 1-2 years rents will increase to $72,720 with net being $51,120.
Property Features and Assets:
Market Competition and Expansion:
Additional Details:
- The property is owned.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity