Financing: $135,000.00 Down and Finance balance of $54,000
Reason for Selling:Selling due to personal matters.
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 email@example.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.
Disclaimer: The information in these listings have been provided by the Seller and Vested Business Brokers, Ltd. has not independently verified this information and has no responsibility for its accuracy or completeness. Vested recommends that you consult with an accountant, attorney and other professionals to represent and assist you in any transaction. Vested's associate brokers will arrange a meeting between you, your representatives and the Seller, but is not authorized to make any representations or warranties. You agree to hold Vested and its associated brokers harmless of any misrepresentations made by seller.