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Location: Alexandria, Virginia, general area. Situated in high traffic foot traffic locations.
Gross income: $3,923,000.00 per year. Cash flow per year $458,000.00.
+ inventory of $627,000.00
5,250 square feet of store space over the 2 stores.
For additional information, contact Harrison R.T. Davis, Principal Broker, New York Business Brokers office. We work nights & weekends, too.
See above for lease terms, payments, and expiration dates.
1 store is located in a very busy strip shopping center on the corner of the lot, giving the store a lot of parking spaces. The other store has a prominent location in a major shopping center in the Greater Alexandria, Virginia, area.
I store has 4,023 sq. ft. The monthly rent is $14,635.91 per month. Lease to 04/2021-renewals likely.
Revenue at this location--$2,369,789.00 per year.
The other store has 2,520 sq. ft. The monthly rent is $13,441.00. Lease to 08/01/25 with I -5 year renewal option. Revenue at this location --$1,554,242.00 per year.
Run well-timed and well-placed tv spot ads on Washington, D.C., television channels, shopping center and car hand-outs, and well-placed mailings to selected homes in this greater area offering a big discount on 1 item will get a lot of people in the stores. Increase revenue, then look for another paint store to purchase. We can help with that!
The stores sell Benjamin Moore paints, C 2 Paint, Farrow & Ball, Fine Paints of Europe, + stains, clears as well as sundries suppliers AllPro, Emery-Waterhouse, Lancaster. In-Store and in-home color & design consultations;wallcoverings, fabrics, upholstery, window treatments, & accessories. He does it all. Few paint stores in this whole general area can match what he does!
Seller is retiring.
Opens 10:00 a.m. Closes 08:00 p.m.
Monday through Sunday (06:00 p.m.)
Seller will stay on for a period of up to 90 days to help the new owner get adjusted to his business,
Negotiable between seller & buyer.
Ways to purchase this business: a.)all cash, b.)family & friends, c.)SBA financing, d.)bank financing, e.)kabbage.com, f.)lendingtree.com, g.)other
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