11 W Broad St, Palmyra, NJ 08065

Property Description

GREAT OPPORTUNITY to Lease and operate an established Dollar Plus Store offering approximately 4,500 square feet of retail space in a prime and highly visible location. This well-established business has been successfully operated by the owners and their family for many years, building a strong customer base and steady sales volume. The existing store is approximately 4,500 SF, with an additional 4,500 SF vacant adjacent space. The dividing wall may be removed to combine both spaces into approximately 9,000 SF, offering an excellent opportunity to expand the business or create a mini supermarket, subject to applicable approvals. The business generates approximately $60,000$70,000 in monthly gross sales, providing an excellent opportunity for an owner-operator or investor looking to acquire an established retail business. The store also offers strong lottery sales, adding an additional revenue stream and helping attract consistent customer traffic. The goodwill/business purchase price is $350,000, plus inventory. The monthly rent is $4,500, including property taxes, providing a straightforward occupancy cost for the new operator. Tenants will be responsible for all utilities. The spacious approximately 4,500 square-foot retail facility provides ample room for merchandise displays, inventory, storage, and customer shopping areas. The business is ideally suited for someone looking to take over an established operation with existing clientele, proven sales, and a recognizable retail presence. An excellent opportunity for a motivated owner to take over an established and profitable retail operation. Serious and qualified buyers are encouraged to inquire for additional information.