Retail - Blding Mat., Hardware, Garden | Retail - Miscellaneous Retail

Asking Price	$499,900	Inventory	$501,350*
Gross Income	$2,850,000	Real Estate
Cash Flow	Not Disclosed	Year Established	1999
FF&E	$252,000*	Employees	4

* included in the asking price

** not included in the asking price

Outstanding opportunity for entrepreneur to acquire 3 busy brand name/high profile paint stores in the Milwaukee area. Owner is selling off 3 stores for inventory cost. NO GOODWILL! Owner is out of country and 100% absentee. Buyer needs to be take on management role and reduce need for current management structure to save $$$. Each store has 4 employees. One store lease expiring October 2010 is 20K per month should be moved to another location saving new buyer 144K per year alone! Current owner is not marketing, providing leadership, or negotiating with large purchase orders. Paint manufacturer wants to keep 3 stores in area and will assist in possible lease subsidies, advertising, paint discounts and more. This is an unusual opportunity which will not be on the market for long.

Facilities: Store #1 9000SF 5 years/5 option 9200.00 Store #2 5500SF 2 years/5 option 8600.00 Store #3 7500SF expires 10/10 20,000.00 (needs to be relocated)

Competition: Preferred paint in the industry

Support/Training: Corporate training

Reason Selling: Seller out of country and absentee