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Hudson Valley NY

  • Listing No.: 215-20716

  • Category: Retail

Asking Price $7,350,000
Down Payment $4,000,000
Gross Revenue $14,569,385
Total Adjusted Net Income $1,402,749
Equipment / Fixtures $425,693
Year Established 1978
General Location Hudson Valley NY
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Founded in 1978, the Company is the premiere health food store in the Hudson Valley with people coming from surrounding towns and cities to visit this two-location natural food and vitamin retailer that serves over 800 customers per day. The Company functions on a day-to-day basis through store and department managers. The Company offers customers a rewards program to receive exclusive promotions, special offers, and rewards. The Company maintains a loyalty program with more than 57,000 customers enrolled and has won the “Best Of” in the Hudson Valley region for more than 10 years. Products are locally sourced, and revenue is derived from groceries/general merchandise, cafe/deli, produce, vitamins, refrigerated products, body care, and frozen products. The Company also offers prepared food -to-go. The Company leases its main location but owns the building in its satellite store and that is also for sale as an option to the buyer.

Gross Revenue $14,569,385 Listed Price $7,350,000
Total Income $1,402,749 Down Payment $4,000,000
Base Rent $15,611 Square Feet 20000
Total Rent $24,542 Lease Expiration 06/2034
Rent Deposit Lease Options 1/10
Inventory $700,650 Leasehold Improvements $1,587,125
Equipment / Fixtures $425,693 Other Assets $232,340
Full-Time Employees 49 Training Period 1 Month
Part-Time Employees 29 Special License Required Food Processing
Contract Staff Reason for Selling After 43 years, time to pass on and pursue other interests

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

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