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Paint Supplies Dealership Business For Sale - Ref #2735

$2,100,000.00 (Cdn)

Paint Supplies Dealership Business For Sale - Ref #2735
 
Business Location: Toronto Area
Postal Code: M9Z
Relocatable: No
 
Business Categories:
Retail Stores & Sales
House, Furnishings & Landscaping
 

  BUSINESS  FEATURES  

1.Business Overview
*Long-Standing Market Presence: A reputable Paint Dealership store, serving the Greater Toronto Area since 1970.
*Prime Location: Situated on a busy thoroughfare, surrounded by major retail outlets, enhancing visibility and accessibility.
*Diverse Range of Quality Products: A wide array of painting and decorating supplies from premium brands, meeting a variety of customer needs.

2.Financial Highlights
*Consistent Revenue Growth: Steady increase in revenue with projections of $2.1M by 2024.
*Healthy Profit Margins: Strong gross margins, with $800K achieved in 2022 and anticipated growth in the coming years.
*Stable Recurring Revenue Base: Approximately 70%


FINANCIAL INFORMATION

3.Human Resources & Assets
*Dedicated Team: A small, efficient team of 6 comprising both full-time and part-time staff, well-versed in the industry.
*Autonomous Operation: Operational model that requires minimal oversight from the owner, indicative of a well-established business system.

4.Client Portfolio
*Wide Customer Reach: Serving a diverse client base of over 1,500, including contractors, corporates, and individual customers.
*Unique Dealership Adv: Operating under a lucrative dealership


MARKET & COMPETITION

5.Unique Selling Points
*Over Half a Century in Business: Established over 53 years ago, this business has built a strong brand and loyal customer base.
*Growth Potential Without Marketing: The business has thrived with minimal marketing, suggesting significant untapped potential for growth through targeted marketing efforts.

6.Assets and Seller’s Reason to Sell
*Robust Asset Base: The business boasts assets, including equipment and furniture, with an estimated liquidation value of $175,000.


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