Existing Benjamin Moore Retail Store. Growth Opportunity!

Benjamin Moore Paint StoreSave

Existing Benjamin Moore Retail Store. Growth Opportunity!


Asking Price: $69,000

Asset Sale Description
Take a unique Benjamin Moore retail store and grow with it. If you love the rewards of pre-existing operating infrastructure (versus starting from scratch), active customer relationships and being involved in your community, this is your opportunity!
No constraints. No fees, no royalties but gain the full support of Benjamin Moore, North America’s leading paint and coatings brand.
As part of the Benjamin Moore network, you’ll get robust training programs on paint, stain and coating products, a wide range of marketing programs and support, full entrepreneurial autonomy, and much more.

In summary this business has:
• Extremely attractive system financial performance
• National accounts and national advertising on TV, radio and digital
• Ongoing training and support
• Low Overhead
• Scalable
• B2B and B2C customers
• A simple business model

Ideal Owner
You would need to work in the business full-time and dedicate at least 40 hours per week to marketing efforts. This includes:
Actively engaging in community events and local marketing initiatives
Increasing marketing spend in local publications
Making consistent sales calls to contractors, who are the primary revenue drivers in this business.

Historically, most Benjamin Moore stores take up to three years to reach break-even or profitability, and this store is approaching the two-year mark. However, the Seller ran out of time and resources to continue developing it.
Detailed Information
Years in Operation
2
Facilities & Assets
This Benjamin Moore store has 2,213 SF, located in a busy shopping area. leased, $6,300/mo incl CAM and real estate taxes. Lease expires in September 2032. One full time employee.
Equipment and fixtures include new exterior sign and tenant fitout, shelving and racking $12,000 when purchased new, paint store equipment (tinters, shakers and computers & miscellaneous) $40,000 when purchased new.

Inventory: $75,000 included in the asking price.
About the Sale
Transition Support
Seller is fully prepared to assist the new owner with training, customer orders, and operational guidance to help them succeed. Benjamin Moore also provides co-op reimbursement for marketing expenses.
Seller Motivation
The owner is pursuing family interests and career change.
Listing Info
ID
2349698
Listing Views
1047

Contact Seller

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Business Listed by: Roy Liu Potomac Network

Listing ID: 2349698 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.