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Authorized Paint Retailer for Sale

Miami-Dade County, FL
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Asking Price:$550,000
Gross Revenue:$962,402
FF&E:$20,000
Cash Flow:$152,613
Inventory:$100,000
Established Year:1998
Listing ID: 2228631Listing provided by BizBuySell
BUSINESS DESCRIPTION

Authorized Paint Retailer for Sale

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.

DETAILED INFORMATION
Location
Miami-Dade County, FL
Inventory
Included in asking price
Real Estate
Leased
Building SF
2,200
Employees
3
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
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.
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).
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.
Support & Training
Will train for 2 weeks @ $0 cost.
Reason for Selling
Too many years in the industry. Seller wants to slow down.
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Andy
Fischer
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Phone Number
Andy Fischer
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