Chicagoland Benjamin Moore Authorized Independent Retail Store.
This is an opportunity to acquire an exceptional Benjamin Moore authorized retail store, and to partner with one of the most trusted names in the paint industry. The store has been an independent authorized dealer since 1957 and has been operating in the same community for over 60 years. During its duration the store has had only three owners which in itself is a testament to this being an exceptional opportunity. Benjamin Moore is known for selling high quality interior and exterior coatings by selling through a national network of approximately 5,000 authorized independent business retailers. As a dealer, you commit to carrying mostly Benjamin Moore products while they provide major nationwide brand marketing driving customers to the stores. They also provide superior R&D and technical support for their partners. This is not a franchise relationship so there are no royalty or marketing fees of any kind. As with all dealers, the Seller runs his operation as an independent business determining his own inventory mix, hours of operation, and offers some non-Benjamin Moore products and services as he sees fit (many dealers offer window coverings). A qualified Buyer should have some knowledge of paint and/or the trades. The business has been prequalified for favorable SBA bank financing requiring a low down payment of only 15% with the balance payable over 10 years. The store has an excellent history of profitability. The Seller is retiring.
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