Premium Paint and Supply Store for Sale, Ready to Scale!!
Business Description
Premium Paint and Supply Store - Established Building Materials Business
This turnkey paint and supply store represents an exceptional opportunity in New Baltimore, MI's building materials market. Established in 2005 with nearly two decades of continuous operation, this business offers immediate entry into a proven market at a fraction of startup costs.
Business Overview:
- Annual Revenue: $255,285
- Asking Price: $150,000 (includes $120,000 inventory)
- FF&E Value: $30,000
- 2,800 sq ft retail space with long-term lease through March 2035
- Monthly lease: $3,200
- Significant cost advantage: Direct distributor startup costs approximately $275,000
Key Strengths:
- Established distributor relationships and supplier accounts already in place
- Premium paint and supply inventory targeting quality-focused market
- Experienced employee (previous owner) willing to stay and assist transition
- Long-term lease security providing operational stability
- Turnkey operation ready for immediate takeover
Market Position:
- Serves both professional contractors and homeowner segments
- Competitive landscape with major competitor nearby creates need for strong customer relationships
- Focus on contractor attention and service differentiation critical for success
Growth Opportunities:
- High-demand specialty products: wood/cabinet coatings, floor coatings, dustless sanding systems
- Strong contractor interest in these additional product lines
- Multi-location expansion potential in underserved markets
- Owner has identified specific growth opportunities
Financial Terms:
- Seller financing available: $100,000 down, $50,000 financed at agreed upon rate
- Complete inventory included in purchase price
Support & Training:
- Comprehensive training on all systems and procedures from current owner
- Previous owner available for ongoing operational support
- Experienced employee committed to continuity
This established business offers immediate market entry with proven supplier relationships at substantial savings compared to startup costs. The seller's focus shift to contracting creates an opportunity for dedicated ownership to expand and capture market share in this essential industry.
This turnkey paint and supply store represents an exceptional opportunity in New Baltimore, MI's building materials market. Established in 2005 with nearly two decades of continuous operation, this business offers immediate entry into a proven market at a fraction of startup costs.
Business Overview:
- Annual Revenue: $255,285
- Asking Price: $150,000 (includes $120,000 inventory)
- FF&E Value: $30,000
- 2,800 sq ft retail space with long-term lease through March 2035
- Monthly lease: $3,200
- Significant cost advantage: Direct distributor startup costs approximately $275,000
Key Strengths:
- Established distributor relationships and supplier accounts already in place
- Premium paint and supply inventory targeting quality-focused market
- Experienced employee (previous owner) willing to stay and assist transition
- Long-term lease security providing operational stability
- Turnkey operation ready for immediate takeover
Market Position:
- Serves both professional contractors and homeowner segments
- Competitive landscape with major competitor nearby creates need for strong customer relationships
- Focus on contractor attention and service differentiation critical for success
Growth Opportunities:
- High-demand specialty products: wood/cabinet coatings, floor coatings, dustless sanding systems
- Strong contractor interest in these additional product lines
- Multi-location expansion potential in underserved markets
- Owner has identified specific growth opportunities
Financial Terms:
- Seller financing available: $100,000 down, $50,000 financed at agreed upon rate
- Complete inventory included in purchase price
Support & Training:
- Comprehensive training on all systems and procedures from current owner
- Previous owner available for ongoing operational support
- Experienced employee committed to continuity
This established business offers immediate market entry with proven supplier relationships at substantial savings compared to startup costs. The seller's focus shift to contracting creates an opportunity for dedicated ownership to expand and capture market share in this essential industry.
About the Business
- Years in Operation
- 21
- Employees
- 1 Full-time
Store is open approximately 50-60 hours a week depending on time of year. Previo - Facilities & Assets
- All paints, stains, supplies, tinting machines(4), Shakers(3 single gallon, 1 - 5 gallon, 1 combo), color displays, signage, desks, computers, dollys, carts, POS systems, website and more are included in the sale. Landlord is super easy to deal with
- Website
- https://thepaintshops.com/
- Market Outlook / Competition
- Competition is tough with a major competitor about 1 mile away and grabbing the attention of contractors is key!
- Opportunities for Growth
- Growing by being able to bring in other specialized products such as a true wood and cabinet coating, floor coatings, and dustless sanding systems. Alot of contractors ask about these items. Expansion is possible in other locations that are lacking any close proximity retailers. I know of a couple good locations
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 2,800
- Rent
- $3,200.00 per month
- Lease Expiration
- 3/1/2035
About the Sale
- Seller Motivation
- To focus more on my contracting busiess
- Transition Support
- Being that the previous owner would like to continue working, he is more than capable of training new owner on all systems and procedures. I would be willing to as well
- Financing Options
- 100,000 down, 50,000 finance @ 3% over 2 years
Listing Info
- ID
- 2498643
- Listing Views
- 21
Business Location
Listing ID: 2498643 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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