|Reason For Selling||Focus on second business|
|Type Of Sale||Asset|
Illustrious Paint Store for Sale!
Location: Lethbridge, AB
*wages not included
Illustrious Paint store in business since 1962
An owner operator business model. Turn-key.
Perfect lifestyle business for a creative individual with retail experience.
This paint store specializes in mid to high grade paint at competitive prices. Excellent pricing with suppliers. Primary customers are DIY and Paint Contractors. Strong reputation for knowledge and service.
Sundry supplies generate approximately 10% of annual sales. A stable business model with little competition from online sales. High markup product. Financing can be arranged for the right Buyer.
Facilities: Approximately 2,590 square feet located in a cool commercial space. $2,152.50 per month including insurance.
Growth & Expansion: Yes, need for a sales driven owner. Possible product line expansions into wallpaper and tools for specialized techniques. Maximizing the warehouse space through second stream of revenue or sub-leasing.
Support/Training: Yes, from the Sellers as well as training through the paint manufacturers
Year Established: 55
Employees: 1 FT and 1 PT. Current owners do not work FT in the business
Seller Financing: Yes, to a qualified Buyer
Reason for Selling: Focus on second business
To explore this exciting opportunity, call Clara at Larkspur Business Brokers.