40 year old Natural Food Market and Cafe' for sale

Oceanside, NY (Nassau County)

Inerior

Asking Price:$269,995

Cash Flow:$12,000

Gross Revenue:$2,000,000

EBITDA:$12,000

FF&E:$25,000

Inventory:$125,000

Lease Rate/Sq. Ft.:$26.12

Established:1976

40 year old Natural Food Market and Cafe' for sale

Get Financing Save Print Share Valuation Report

Business Description

Long Island's premier Vegan, Kosher deli, cafe and juice bar

Vendors and customers alike say Jandi's is the most beautiful Natural Food Market they have seen. Serving our community for 40 years, Jandi's is an oasis for those looking for health solutions. At 6000 square feet Jandi's is the largest independently owned Natural food market on Long Island. Jandi's produce department is unique in offering only high quality USDA certified organic produce. Jandi's deli and Cafe' are unique to Long Island as well - it is Vegan, almost 100% Organic and Kosher. All 100+ recipes are proprietary property and loved and enjoyed by our clientele daily. We offer fresh to order vegetable and fruit juices and delicious fruit smoothies. Additional departments include grocery, Frozen, dairy, HBA and supplements. Currently Jandi's is in need of capital to execute additional growth strategies. Outright sale or partnership are options.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
6,000
Lease Expiration:
6/30/2019
Employees:
20
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The leased area includes a 6,000 square foot building (built in 2003) and a 30 space parking lot. There are currently 2+ years left on a 5 year option and the ability to exercise an additional 5 year option. The landlord is good and amenable to new ownership. Assets include operating inventory and all equipment and fixtures.
Competition:
Competition has increased in the natural food space. There are a number of markets in the surrounding area competing for sales. Jandi's deli, juice and smoothie bar and Produce department are unique and a consistent draw for the store.
Growth & Expansion:
There are opportunities to expand the "perimeter" departments, build a catering business, build a wholesale component and increase delivery business. Given the level of competition, elimination of "center store" and or a move to a smaller location needs to be considered.
Support & Training:
I am willing to work as a consultant (terms to be discussed) for as long as you need to transition.
Reason for Selling:
Financially strangled as a result of divorce
Business Website:
http://www.jandis.com

Listing Statistics for Premium Members

Business Location



Ad#:1318220 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.

Contact the Seller

Sign up for the BuyerNewsletter.
Learn to use your IRA/401K to buy a business: Guidant Financial (min. $50K needed in IRA/401K)
Contact Seller Loading

Business Listed By:
Howard Chasser

Find out more...

Get more details about this business.


Similar Listings


Anchor Bar

Franchise Opportunity
Capital Required: $450,000