A modern retail company is located in an active commercial mall on State Highway 9W in an active area of Rockland County, New York. This retail shop with an absentee owner has a combination of products and can be further improved with an increase in inventory. They have a wide range of organic, all-natural, and vitamin products, as well as a broad selection of vegan and keto-friendly goods, including organic produce with fresh fruits and vegetables. Their Juice Bar & Food Section features foods such as fresh juices, açaí bowls, smoothies, and hot foods, as well as vegan and plant-based food options. This is a dependable, safe business opportunity, and based on the asking price, required down payment with owner financing, and yearly net income, this business expects to supply a consistent return on investment to the owner-operators.
- Asking Price:
- $375,000
- Sales Revenue:
- $330,440
- Cash Flow:
- $50K - $100K
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
Lease and terms; this business transaction will offer an assignable commercial lease which expires 2029-01-01, plus additional options available, with a monthly rent of $4,3,70, cost per square foot is approximately $29.50 and rent security is required.
- Lease Rent:
- $52,440 per sq ft per annum
- Location:
-
The business is located in a densely populated blue-collar community of Rockland County, New York on an active county road near to major state highways. This food mart and combination business has an excellent commercial location servicing numerous communities with continued need for this personal service.
- Premises Details:
-
This business opportunity is in Southern New York, Rockland County on a highly active county road. This business facility consists of approximately 2,000 square feet with a modern, attractive, and professional appearance. The business is in an active commercial mall with numerous other successful businesses and convenient location for its various customers.
- Size in square feet:
- 2,000
Business Operation
- Expansion Potential:
-
Regarding growth and expansion, the retail company can be further developed by increasing the number of days of operation, improving the marketing and local advertising and increasing the product menu. Additionally, the company has a limited non-optimized web site and if adjusted can further develop the business yearly gross sales.
- Competition / Market:
-
Regarding competition, to the best of our knowledge, no other new competitors are expected near to this business. Additionally, the owner has agreed to supply an appropriate non-compete agreement to the purchaser.
- Reasons for selling:
-
The purpose of this business transaction is due to the owner absenteeism not in the retail food industry.
- Trading hours:
-
Days Hours of operation; this business is active six days per week, closed Sunday with hours from 8:30 am to 8:00 pm.
- Employees:
- Regarding employees and payroll, this retail company consists of four employees who are unaware of the pending sale. The payroll is primarily based on an hourly basis, and weekly base salary, and the staff is fully expected to remain post-closing, the monthly payroll expense is approximately $7,500.
- Years established:
- 1999
Other Information
- Support & training:
-
Training and owner support, the owner is fully prepared to remain post-closing and will supply an appropriate transitional period to purchaser.
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Financing available:
-
Also, SBA bank and seller financing is available for this transaction and seller financing may be available to a qualified buyer with an appropriate down payment, collateral, and credit rating.
- Furniture / Fixtures value:
- $125,000
- Inventory / Stock value:
- $30,000
