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- RE: Authorized Paint Retailer For Sale
- Contact: Andy Fischer
Quick Facts
Asking Price: | $550,000 | |
Annual Revenue: | $962,402 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $152,613 | |
Total Debt: | Not Disclosed | |
FF&E: | $20,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 1998 | |
Employees: | 3 | |
BBN Listing #: | 945006 | |
Broker Reference #: | 1040-18327 |
Business Overview:
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.
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Property Features and 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.
Assets = $120,000
Market Competition and Expansion:
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).
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.
Reason for Selling:
Too many years in the industry. Seller wants to slow down.Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more Florida businesses for sale
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- Find a business broker
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