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.
- Asking Price:
- $550,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $962,402
- Cash Flow:
- $152,613
Property Information
- Real Estate:
-
Lease
- Premises Details:
-
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.
Business Operation
- Expansion Potential:
-
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.
- Competition / Market:
-
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).
- Reasons for selling:
-
Too many years in the industry. Seller wants to slow down.
- Trading hours:
-
Mon-Fri 7am-5pm; Sat 8am-4pm
- Employees:
- 1 FT/2 PT
- Years established:
- 26
Other Information
- Support & training:
-
Will train for 2 weeks @ $0 cost.
- Furniture / Fixtures value:
- $20,000 - included in the asking price
- Inventory / Stock value:
- $100,000 - included in the asking price
