Profitable Convenience Store with Strong Community Presence

Convenience StoreFor sale in Passaic, New JerseyEst. 20261 employee

$165,000

For Sale
Asking price3.13% increase
  • Seller financing available

    The seller is open to letting you pay part of the price over time.

  • Training included

    The seller will help you get up to speed after closing.

  • Established 10+ years

    A track record buyers and lenders tend to trust.

About this business

Family owned corner store since 2014. Store comes with 7 fridges to store food and cold drinks and a cold room with a basement. Store is also being sold with everything inside of it.

The numbers

How the asking price compares with what the business brings in each year.

  • Asking price$165,000
  • Annual Revenue$350,000
  • SDE$300,000
0.6×
Price to SDE
0.5×
Price to revenue
86%
SDE margin
Annual Profit
$175,000
Approximate FF&E
$5

Details

2026
Established · 10 yrs
1
Employees
16
Owner hours per week
Stock / Entity Sale
Sale Type
Convenience Store
Business type
Leased
Premises

Financing & transition

Seller financing
Yes
Min. Down Payment
$100,000
SBA Prequalified
No
Buyer Loan Allowed
Yes
Training after the sale
Included
Cost
Free
Duration
1 days

Property & lease

Premises
Leased
Total Area
500 sq. ft.
Rent (monthly)
$2,900
Lease Expiration
May 1, 2026
Lease Renewable
Yes

Where it is · Passaic, New Jersey

Approximate location. The exact address is shared once you connect with the broker.

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