Asking Price:

$95,000

Gross Income:

$250,000

Cash Flow:

N/A

FF&E:

$20,000.00 *

Inventory:

$30,000.00 *

Real Estate:

$200,000.00 **

Year Established:

1962

Employees:

3

Business Types:

Blding Mat., Hardware, Garden
Special Trades

** not included in the asking price

* included in the asking price

Business Description

This decades old business is finally ready for new ownership with retirement of seller. Family business has put 5 kids through college and done well but it is time for new blood. Good client list and great lines of paint. Lots of room for expansion of product lines, rentals, addition of complementary products. Best buyer might have some paint experience or be working in a paint store so they could move in with experience.

Detailed Information

Facilities:

Priced without real estate which can be leased or purchased. Very visible in busy area. Reasonable lease or sell real estate at to be appraised value.

Competition:

Prime location and decades in this location means a steady and loyal client base.

Growth/Expansion:

New owner will want to add some contractors and new accounts. Current ownership is retiring after decades in the business but will help with transition or training. Potential for added product lines, equipment rental, etc.

Support/Training:

Will train and/or transistion

Reason Selling:

Retire

Broker Information

David Kellenberger, CCIM, CBB

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