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Business for Sale Summary

Retail/Wholesale Paint Store - 28158

Business Type: misc. retail/non-classifiable,misc. manufacturing/non-classifiable,bldg materials/hardware/garden
Retail/Wholesale Paint Store
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Financial Information (non-confidential)

General Information
Asking Price $189,000 Down Payment $135,000
Gross Revenues $500,000 Lease Remaining Register Free to View
Owner’s Cash Flow $100,000 Number of FT Employees Register Free to View


$135,000 Down and Finance balance of $54,000

Business Description

RETAIL/WHOLESALE PAINT STORE AND MORE: OWNER RETIRING. GROWTH WAITING Neighborhood fixture, 87 year-old Bronx paint and hardware store near the Westchester border, with both a retail and wholesale following. Store does an even mix of walk-in and email sales, from individual customers to corporate, institutional and government clients, on paints and coatings, window treatments (a highly popular offering with particularly large margins), radiator covers, and much more. Although highly successful throughout its history, the store has not been aggressively marketed in recent years. Enormous opportunities for future growth exist with the addition of an outside sales force to pursue the considerable potential for wholesale business in the Westchester area, plus many more counties, and ongoing telemarketing effort, direct mail advertising, a detailed catalog, an updated website, Sunday hours, etc. Another area for growth exists in sales across multiple categories. As an example, a paint purchaser in the midst of redecorating is often a prospect for window treatments and many other related products. Current owner plans to retire, but can stay on to train a new owner in all aspects of the business. An experienced, loyal staff of two-to-five, an inventory that averages about $100,000 and products that never go out of style increase the appeal of this unique opportunity. Total price is $189,000, with $135,000 down. Please contact the broker at 1-877-735-5224 for further information.

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.