Price: $250,000
Location: Rockland, New York
Industry: Retail
Listing ID: RETL481
Discover an exceptional retail opportunity located in the bustling commercial hub of Haverstraw, NY, right off State Highway 9W in Rockland County. This thriving shop, currently managed by an absentee owner, offers a diverse array of organic and all-natural products, with room for growth through expanded inventory. Enjoy the benefits of a well-established brand that boasts an impressive average rating of 4.8 stars. Our offerings include a vibrant selection of vegan and keto-friendly items, alongside fresh organic produce and an enticing Juice Bar menu featuring Fresh Juices, Açaí Bowls, Smoothies, and a variety of delicious Hot Foods. This is a reliable and safe business opportunity, positioned for consistent returns. With attractive owner financing options and a competitive asking price, this investment is primed for a dedicated owner-operator to unlock its full potential. Don’t miss out on this chance to step into a flourishing market!
Listing Details
Revenue: $330,439
Cash Flow: $68,500
FFE: $120 (Included in Price)
Inventory: $30,000
Reason For Sale:
The purpose of this business transaction is due to the owner absenteeism not in the retail food industry.
Training & Support:
Training and owner support, the owner is fully prepared to remain post-closing and will supply an appropriate transitional period to purchaser.
Operation
Year Established: 2014
Days & Hours of Operation: Days Hours of operation; this business is active six days per week, closed Sunday with hours from 8:30 am to 8:00 pm
Owner Hours Per Week: Absentee
Non-Owner Payroll: $7,500
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.
Absentee Owner?: Yes
Location
Security on Lease: Two Months
Lease Option: Yes Available
Monthly Rent: 4,370
Type of Location: Commercial
Square Footage: 2,000
Relocatable?: Yes
Facilities Information:
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. 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.
Summary
Historical Summary:
Training and owner support, the owner is fully prepared to remain post-closing and will supply an appropriate transitional period to purchaser.
Owner Qualifications:
For Qualifications purposes; this business opportunity does not require any specific government licensing approval to purchase or operate other than the standard required municipal licenses.
Competition:
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.
Potential Growth:
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.
Financing/Terms:
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.
