Profitable Benjamin Moore Paint Store in South Palm Beach

Palm Beach County, FL

Profitable Benjamin Moore Paint Store in South Palm Beach
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Asking Price: $249,000

Cash Flow: $128,027

Gross Revenue: $750,879

EBITDA: N/A

FF&E: $20,000

Inventory: $75,000

Established: 1988

Profitable Benjamin Moore Paint Store in South Palm Beach

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Business Description

Reason for Sale: Absentee Owner-Focusing on main location- Profitable Benjamin Moore Paint Store in South Palm Beach. Established since 1988 same location as a Benjamin Moore store.This proven National brand has been in business since 1893 (Best in Class). 2700 sq ft facility. Completely remodeled in 2015. Store Services contractors, maintenance accounts, DIY. Very Confidential!
Owner/Operator made $128k in 2018. Great books & records (tax returns on file).

Detailed Information

Location:
Palm Beach County, FL
Inventory:
Included in asking price
Employees:
1 FT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Strip Center- 2900 sq ft-Rent $6500/month/Lease expires. Beautiful Build out. Clean & Bright atmosphere.
Financing:
Lender pre-screened with $49,800 down.
Support & Training:
Will train for 2 weeks @ $0 cost.
Reason for Selling:
Absentee Owner-Focusing on main location.
Franchise:
This business is an established franchise
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Russell Cohen M&AMI,CBI,BCI,CM&AP,CM&AI-

Business Listed By:
Russell Cohen

Murphy Business & Financial Services LLC

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Indicates membership in the M&A Source. The M&A Source is comprised of highly trained Intermediaries who advise on the preparation, sale and/or purchase of middle market (~$2M+ in revenue) business opportunities. Certified Business Intermediary (CBI) is a professional certification awarded to Business Brokers and Intermediaries that have achieved stringent requirements. CBI's work by an ethical code of conduct when working with business owners and buyers. Merger and Acquisition Master Intermediary (M&AMI) is a professional certification awarded to Intermediaries who've achieve very stringent educational and professional requirements. M&AMI's agree to abide by an ethical code of conduct when working with business owners and buyers.

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