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Business For Sale

Major Varnish And Specialty Paint Distributor

Brooklyn, King's County, NY

Wholesale/Distribution: Durable Goods

Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$2,995,000
$4,600,000
Not Disclosed
$845,000
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
1945
10
69295287

Business Overview:

Major Specialty Paint And Varnish Distributor The Company was established over 60 years ago. Since then, the name is well known as the primary source for almost all your coating needs. At this Company, voice mail is a sacrilegious term, we're there for you on the spot. Whether you need a custom mix, technical support or just friendly advice, here at the Company our customers are our partners in success. It is in our interest that your business succeeds. At Our Company you will find products not ordinarily found in other paint stores or home centers: Furniture refinishing Wood coatings Heavy industrial maintenance coatings Leather repair products Theatrical, exhibit and display colors Faux finishing products and tools Interior and exterior paints Safety equipment Gilding products At Our Company we have set goals for ourselves which are: To deliver your orders as quickly as possible. To remain on top of all the latest technologies and styles. To sell products that are environmentally and humanly safe. To customize our products and colors to your specifications in small or large quantities. To provide our customers with top quality products at the most competitive prices.

For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.

Property Features and Assets:

Two Locations 3 trucks ( two new) Located in a Major enterprise zone in Brooklyn, New York. 8,000 Square feet, Lease Expire: 12/31/2020 Lease Security: $22,000 Monthly Rent: $11,000. FFE: $150,000 Included? Yes Inventory: $700,000 Included? No

Market Competition and Expansion:

Potential Growth/Expansion: The stores are currently closed from Friday afternoon until Monday AM, UNLIMITED possibilities by opening on Saturday and Sunday. In addition there is the possibility to expand to the entire Metro Area. Competition: The Company was established over 60 years ago. Since then, the name is well known as the primary source for almost all your coating needs. LIMITED Competition.This is the standout leader in this Arena

Reason for Selling:

Retirement

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

Resources: