- County
- Camden County, New Jersey
- Main routes
- I-295, NJ Turnpike, Route 70, Route 38
- Common sellers
- Healthcare, retail, restaurants, contractors
One Market, Two States
Many Cherry Hill companies serve customers on both sides of the river, and buyers often come from Pennsylvania and New Jersey. The market feels like one, but the paperwork does not.
The Pennsylvania guides on this site do not apply to a New Jersey company. New Jersey has its own tax notices, licenses and filings, so work with a New Jersey attorney and CPA.
Retail, Healthcare and Restaurants
Shopping centers, medical offices and restaurants line the main roads. Buyers weigh the lease, the staff and the share of revenue from repeat customers.
Who Buys Here
Buyers come from Camden County, the Philadelphia suburbs and the shore towns. A clear reason for the sale and tidy books speed the screening.
How Owners Prepare
Pull together tax returns, monthly statements, the lease and an equipment list. Plan on seven to nine months to close.
Where the Rules Differ
New Jersey sets its own notices, tax filings and license transfers for a business sale, and Pennsylvania rules do not carry across the river. If customers or staff live in both states, ask your advisers which rules reach each part of the company.
Next Steps
Read how buyers read your books or how buyers finance. When you are ready, request a valuation.