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Red Apple Group Inc.

Private Company Ticker Symbol™: (REDAPPP)

Business Summary

Red Apple Group Inc. is a privately-held holding company with diversified interests in oil refining, supermarkets, real estate and aviation. Red Apple Group Inc. is headquartered in New York, New York.

Jump to Red Apple Group Inc.: Detailed Business Description for more details on Red Apple Group Inc. products and services, financial structure, Red Apple Group Inc. major business events, and more.

Overview & Corporate Organization

Basic Information

Year Founded:1971
Formerly Named:Red Apple
Fiscal Year End:08/31
1YR Revenue Growth Rate:View %
3YR Revenue Growth Rate (CAGR):View %
1YR Employee Growth Rate:View %
3YR Employee Growth Rate (CAGR):View %
City:New York
State/Province:New York
Country:United States
Phone:View
Fax:View
Website:www.jacny.com

Corporate Organization

Parent Companies:
Subsidiaries:
United Refining
Gristedes
Brands:
Country Fair
Gristedes
Red Apple Food Mart
Red Apple Kwik Fill
Founders:
John A. Catsimatidis

Industry Information

Industry Codes

PICS™:3002™, 500306™, 500307™, 1100409™, 1200509
NAICS:View
SIC:View

The PrivCo Industry Classification System™ (PICS) is our proprietary, modernized industry classification system, geared especially toward privately-held companies and including newer emerging sub-industries that are not reflected in other outdated industry classification systems, such as SIC and NAICS.

Competitors & Comparables

Competitors

Getty Petroleum Marketing Inc.
The Great Atlantic & Pacific Tea Company, Inc.
Motiva Enterprises LLC

Charts, Financials, and Statistics (Table Format)

Below are Red Apple Group Inc. financials and other business metrics displayed in table format.
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Income Statement20122011201020092008200720062005200420032002
RevenuesViewViewViewViewViewViewView$2,399,760,000$1,600,000,000$1,150,000,000$1,150,000,000
Employee Figures20122011201020092008200720062005200420032002
Total EmployeesViewViewViewViewViewViewView5,7715,8004,6004,600
Productivity (Revenue/Employee)ViewViewViewViewViewViewView$415,831$275,862$250,000$250,000
Notes
Financial Notes:
*Red Apple Group Inc. fiscal year end: 08/31
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Charts, Financials, and Statistics (Graphs)

Below are Red Apple Group Inc. financials and other business metrics displayed in table format.
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Red Apple Group Inc. Revenues ($ MM):
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Red Apple Group Inc. Total Employees:
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Red Apple Group Inc. Productivity (Revenue/Employee) ($):
(Revenue Per Employee, Displayed as graph)

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Mergers & Acquisitions

PrivCo's M&A Activity table for Red Apple Group Inc. displays the mergers and acquisitions involving Red Apple Group Inc., for example if Red Apple Group Inc. acquired or was acquired by another entity, any leveraged buyout (LBO), etc.
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DateStatusTargetBuyerDeal TypePrice
DetailsOct. 2010CanceledView1ViewAcquisition
Asset Sale
Divestiture
View
Notes
1Deal was cancelled as...Read More →
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Detailed Business Description: Red Apple Group Inc.

PrivCo's Detailed Business Description explains the business operations, products and services, financial structure, and major business milestones of Red Apple Group Inc. The first portion of PrivCo's Detailed Business Description is displayed below, free to view to non-subscribers.
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History

1970-1985: Early Beginnings: Foundation and Rapid Growth

In a typical rags to riches story, the New York based John A. Catsimatidis, a dropout from New York University, started the Red Apple Group as an individual store with starting capital of $1500 in 1970. Catsimatidis’s initiatives enabled the company to expand rapidly and the store grew to a chain of 12 grocery stores by the end of 1976, netting a profit of $800,000 by the end of the 1976 fiscal year. Within the next 5 years, by 1981, the company had more than doubled its size, growing to a chain of 27 stores. By this point, the Red Apple Group was operating in locations around Bronx and Manhattan. The company was able to register annual sales of $40 million during this period and by fiscal 1985, its sales grew to $110 million.

1986: The Year of Major Acquisitions

In 1986 the Red Apple Group made its first large acquisition, purchasing a total of 47 stores from two prominent grocers in New York City. The company… Continue Reading →

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Supplemental Resources

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