Authorized Paint Retailer
Miami-Dade County, Florida
| Asking Price: |
Gross: |
Cash Flow: |
| $550,000 |
$962,402 |
$152,613 |
Furniture and Fixtures Value:
$20,000 (included in the asking price)
Inventory Value:
$100,000 (included in the asking price)
Real Estate:
$0 ( not included in the asking price)
Business Summary:
ndependent 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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| Year
Business was Established: 1998 |
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| Number of Employees:
1 FT/2 PT |
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| Facilities / Terms of Lease:
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. |
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| Potential
Growth/Expansion:
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. |
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| 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). |
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| Owner
willing to train:
Will train for 2 weeks @ $0 cost. |
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| Reason for selling:
Too many years in the industry. Seller wants to slow down. |
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| REQUEST MORE INFO |
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