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Paint Supplies Dealership Business For Sale In GTA - Ref #2735

$2,100,000.00 (Cdn)

Paint Supplies Dealership Business For Sale In GTA - Ref #2735
 
Business Location: Toronto Area
Postal Code: M4C
Relocatable: No
 
Business Categories:
Cleaning & Decorating
Retail Stores & Sales
 

  BUSINESS  FEATURES  

*Long-Standing Market Presence: A reputable Paint Dealership store, serving the Greater Toronto Area for over half a century.

*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.

*Consistent Revenue Growth: Steady increase in revenue with projections of $2.2M by 2024.

*Healthy Profit Margins: Strong gross margins, with SDE of $493K achieved in 2022.

Revenue : $2,000,000
Asking Price: $2,100,000
Ref: 2735
Location : Ontario - Greater Toronto Area


FINANCIAL INFORMATION

*Stable Recurring Revenue Base: Approximately 70% of the annual sales are recurring, indicating a loyal and consistent customer base.

*Dedicated Team: A small, efficient team of 5 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.

*Wide Customer Reach: Serving a diverse client base of over 1,500.


MARKET & COMPETITION

*Over Half a Century in Business: Established over 50 years ago, this business has built a strong brand and loyal customer base.

*Geographical coverage and long lease: The business has thrived with minimal marketing because of control over its geography and growing business accounts, suggesting significant untapped potential for growth through targeted marketing efforts.

*Robust Asset Base: The business boasts assets, including inventory, equipment and furniture, with value of $425,000.


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