Owner Financing is Available!
Business Overview:
This retail/wholesale paint and painting accessories business was founded in 1985 and quickly became a staple of the community and contractors as the go to place for paint.
They have separated themselves from the 'big box and factory' stores by offering great products at reasonable prices and a high level of customer service. With over twenty five years of service to the South Sound market, the business has earned an excellent reputation and loyal following. While it is true that the crash of the building and remodeling markets in late 2008 reduced the business profits, the price reflects this and the seller is willing to take a significant risk for the right buyer by helping to finance the inventory and part of the business. At the offered price, a buyer could position themselves for the inevitable economic recovery and realize a significant upside profit. The full time employee is very experienced and will be invaluable to any buyer. This business is an authorized deal of Akzo Nobel, Superdeck, Miller Paints, Devine, Ralph Lauren Paints, Dayls products, and SprayTech/Wagner/Titan copyrighted sales/services. If you'd like to take on your own business, this may be the one for you. Contact us today for details!
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:
2,600 sq. ft. facility with open floor plan perfectly suited for showing and housing the inventory. The building is located in a busy shopping center off of a major thoroughfare with room for expansion.
The seller will provide the buyer with full support and training during a transition period, including introductions to main clients.
Market Competition and Expansion:
This business is known for their knowledge of paint and the latest in coatings technology. They have been providing paint and painting accessories for over 25 years and have earned an excellent reputation. The quality products they offer are sought after in the busy Thurston County market.
Being mainly a word of mouth operation, the addition of an outside sales person or representative to go to the Chambers of Commerce and community at large could help grow the business. The crash of the building and remodeling market at the end of 2008 caused some significant drop in the business profits but the remodeling and building industries are beginning to rebound (especially in Thurston) and any buyer purchasing this business at the discounted price will be in an excellent position for upside profits as the economy recovers. Business needs new energy. Seller has been in the business for 30 years.
Reason for Selling:
Retiring.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.