Well Established Retail Paint Store For Sale

Lee County, FL

Seller Financing Available
Well Established Retail Paint Store For Sale

Asking Price:$535,000

Cash Flow:$243,864

Gross Revenue:$895,020

EBITDA:N/A

FF&E:$45,875

Inventory:$90,000

Established:1977

Well Established Retail Paint Store For Sale

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Business Description

LONG TIME SOLID RETAIL PAINT BUSINESS IN SW FL. LOCATED IN A THRIVING UPSCALE COMMUNITY, SELLS WELL KNOWN PAINT BRANDS TO PAINTERS, HOMEOWNERS, ETC.... CONSTANTLY INCREASING REVENUES. LONG TIME LOYAL EMPLOYEES IN PLACE, COULD BE OPERATED ABSENTEE, SEVERAL CASH TRANSACTIONS, 2016 FINANCIALS ARE FOR 12 MONTH, NOV. 2015 - OCT.. 2016. CLEAN BOOKS AND RECORDS. INVENTORY OF $90,000 IS INCL. IN THE PRICE. LENDER PRE-QUALIFIED, TERMS ARE APPROXIMATE. Please see Internal Listing #924-09235

Detailed Information

Inventory:
Included in asking price
Employees:
Ft 2,
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Financing:
DP:$80,250, Note $454,750, Rate %6.75 for 120 Monthly Payments of $5,221.63
Support & Training:
2 Weeks/ No Cost
Reason for Selling:
Purchasing a much larger business

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Steve Rietbergen

Business Listed By:
Steve Rietbergen

American Business Brokers

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