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Hardware & Paint Franchise
Location: United States -> New Jersey -> Somerset County
Industry: Retail > Home and Garden Retail




Business Summary

Nationally known paint and hardware retail franchise business located in an affluent area of Northern New Jersey. This highly successful franchise offers an exclusive line of paints in addition to various hardware products to the general public. Benjamin Moore offers an extensive line of exterior wood stains, all formulated to protect and beautify your wood or composite deck, as well as fences, siding and outdoor furniture. Their stains are available in five opacities, from transparent to solid, and an unlimited number of colors. Browse their video library for information on staining, deck care and choosing the right deck stain for your home, and then view their extensive color resources to find the best hue for your wood staining projects. Only Benjamin Moore independent retailers carry their paints, stains, and applicators - not the big-box stores.

Whether you need interior or exterior, high-end or commercial-grade coatings, Benjamin Moore paint stores are ready to serve you and answer all of your questions. Seventy percent of the sales represent paint products which represent a substantial mark up to the owner-operator. This is a dependable business opportunity and based on the asking price, required down payment and yearly net income, this business expects to supply a highly dependable investment return to the owner operator prior to debt service. The retail facility which consists of 1,600 square feet has a modern and attractive appearance. The business is in a mid-size convenient mall with various other active and successful businesses.

This opportunity is located in Northern New Jersey, Somerset County, which consists of various affluent communities with continued demand for this particular industry. This particular business has one-part time employee who is unaware of the pending sale and fully expected to remain post-closing, monthly payroll $750. The business has an assignable commercial lease which expires 2023-01-01 plus additional options, ...


Financials

Asking Price Range:  < $250K
Gross Revenues:   $440,776
Cash Flow:   $75,000
Cash Flow Type:  EBITDA
Inventory:  $110,000
Seller Financing:  Yes

About The Business

Year Established:  2008
Number of Employees:  1 - 3
Relocatable:  No
Franchise:  Yes
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  The owner will remain post-closing for 30 days in order to supply an appropriate transitional period to the new operator.
Reason For Selling:  The owner is relocating out of the area into an alternative industry.




Print Listing Id: 700323315
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Also See: Franchise Opportunities > Franchise Resales > New Jersey Businesses For Sale > New Jersey Franchises For Sale > New Jersey Business Brokers



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