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Key Details
Sold Price $50,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 574685
Sold Date 12/01/23
Annual Tax Amount $7,231
Tax Year 2022
Property Description
A unique Deli & Grocery Store is looking for its new owner! Could be easily repurposed to a restaurant or a coffee shop & grab & go food establishment (similar to the business model of Wawa). Fabulous location on the main artery in the heart of the Central Business District, overseeing customer traffic in a fully leased commercial strip building, just steps away from the beach and the City Building. A large corner property that used to be a supermarket for the past 25-30 years was recently repurposed to a sports' facility, making this store THE ONLY GROCERY STORE serving the Central and North part of Brigantine (9,000 year-round and about 30,000 seasonal residents). The unit offers about 1,500 SF of retail space, with an office, service units, kitchen, and back rooms, and plenty of storage space. Selling the business only, with an existing lease with a competitive monthly rental rate, with original lease term till the end of September of 2024, with a five-year extension. It has about 15 indoor and 30 outdoor seating spots. The business had established communications, completed a contract with an exchange student sponsoring organization, offering seasonal workers, making the seasonal part of the business safe and unaffected by any possible employee shortages. The commercial kitchen employees an established cook on the island with more than 25 years of cooking experience, a great reputation, and established clientele. Aside from the in-store selling operations, the business comes with two main B2B accounts – juicing operations in farmers markets, bazaars, and events in Linwood, Atlantic City, Brigantine, and Airbnb concierge service, offering gift baskets, fruit and charcuterie platters and welcome baskets to many vacation rentals, including one of the two large hotels in the City. The business has a serious social media presence, with a Facebook account with 2K follower and Instagram with over a 1K followers, and great online reviews (an average of five stars ONLY on Google and Yelp) and feedback. Social media accounts come with the business, and can be renamed and repurposed, which will give any business a flying start. Full equipment list with tech specs and P&L Statement will be provided ONLY after presenting proof of funds. List of vendors that business is established with, along with food and drinks menu, juice recipes, marketing materials will be provided to the buyer, along with POS training and anything that will ensure a smooth transition process. Seller is the husband of a NJ State licensee. Business for sale - excludes property. Selling AS IS.
Location
State NJ
County Atlantic
Community Brigantine
Area Brigantine City
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