Authorized Paint Retailer for Sale

Asking Price$498,000

Cash Flow
$178,244
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,052,247

Inventory$100,000
Included in asking price
FF&E$20,000
Included in asking price
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Authorized Paint Retailer for Sale


Asking Price$498,000

Cash Flow
$178,244
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,052,247

Inventory$100,000
Included in asking price
FF&E$20,000
Included in asking price
Business Description
Independent authorized Benjamin Moore retailer that offers the highest-quality paints and finishes in the industry. The business was established in 1998 and has been in the same location for 22 years. Knowledgeable and customer - friendly, which differentiate this business from the Big-Box stores. The business has been consistently profitable. Seller open to stay in a sales capacity. Great opportunity for a buyer looking for a stable business backed by a market leader. Good business for an E-2 visa.
About the Business
Years in Operation
27
Employees
3
Facilities & Assets
Monthly rent is $7,455. The lease expires on September, 2026 and the size of the space is 2,200 sq ft. There are 2 options to renew of 5 year each.
Market Outlook / Competition
Sherwin Williams Paints (Factory owned store), Behr Home Depot (Big-Box Store), Valspar Lowes (BIg Box Store), Glidden (Home Depot ), PPG company (closing the stores).
Opportunities for Growth
There are several customer types: Walk in, Residential and Commercial painters, General Contractors, designers, Management Companies, Maintenance Accounts (hotels, HOA & condominiums). The business has several avenues to make the business grow by increasing advertising.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
2,200
About the Sale
Seller Motivation
Too many years in the industry. Seller wants to slow down.
Transition Support
Will train for 2 weeks @ $0 cost.
Listing Info
ID
2228631
Listing Views
2012

Contact Seller

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Business Listed by: Andy Fischer Murphy Business & Financial Corporation

Listing ID: 2228631 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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