Excellent opportunity to own a 3,500 sq/ft mid-size grocery store situated in a very busy neighborhood in Passaic NJ for the past 70 years. The international store is well stocked and has a full selection of fresh meats, produce, dairy products and a wide array of grocery, and household products. The basement features 2,000 sq ft for storage & a prep station for produce. New 10 year lease with 10 year renewal option, the rent is $3,500 a month. The inventory & equipment of $550,000 will be included in the sale price. The grocery store is doing phenomenal numbers with great consistent sales steady through COVID-19 at $56-63k weekly easy. La Mia Meat Market has been a profitable and debt free business for 24 years under the same ownership. Income & Expenses are a must see. There is a huge upside potential for the right buyer.
Listing Agent: Jeanette Rodriguez Courtesy of: RE/MAX Professionals 1 Office phone: (973) 450-4000 The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than New Jersey MLS are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website. All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing Service, Inc. 2022 New Jersey Multiple Listing Service, Inc. All rights reserved. Updated: 25th June, 2022 4:38 AM (UTC)
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