Deli C Store. RETL477

Price: $375,000

Location: Rockland, New York

Industry: Retail

Listing ID: RETL477

Modern retail company 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, Hot Foods, as well as Vegan / 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 operator.

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: 1999

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: 4370

Type of Location: Commercial

Square Footage: 2000

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.

Ron Cervelli

contactus@regalconsultants.com

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