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Relocatable Distributor of Paint for Furniture and Crafts

Washington County, UT

Relocatable Distributor of Paint for Furniture and Crafts
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Asking Price: $150,000

Cash Flow: $62,665

Gross Revenue: $125,153

EBITDA: N/A

FF&E: N/A

Inventory: $20,000

Established: 2014

Relocatable Distributor of Paint for Furniture and Crafts

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Business Description

This business is the exclusive distributor of a furniture and craft paint that currently comes in 23 colors. The paint itself is geared for Do It Yourself (DIY) crafters, as it is easy to use with little prep time, has a fast dry time and a smooth finish without having to wax, and is highly durable. This is the ideal business for someone who loves crafts and DIY projects, or for someone who is a YouTube / Pinterest / Instagram influencer who would like to build a HOME-BASED paint business to leverage their personal brand. This business is RELOCATABLE!

Detailed Information

Location:
Washington County, UT
Inventory:
Included in asking price
Employees:
1
Facilities:
Since the paint and other supplies are ordered from the manufacturer as needed, this business could easily be home-based and operated out of a garage. However, the physical business is currently located in a strip mall for re-packaging and shipping the paint to final locations (wholesale and retail). There is no retail outlet at this time. The current owner purchased the business in late 2016 and has operated the business remotely since mid-2018. The paint was developed by furniture painters to provide an environmentally friendly paint with even coverage and a smooth finish without waxing unlike any other paint on the market.
Competition:
While there are other paint manufacturers and distributors for DIY furniture and craft paint, this paint has a strong following and has advantages over other paints, as outlined above – the most important being that there is no need to wax after applying the paint. Its clay-based formula, which is produced in the USA, makes it also unlike any other paint on the market. The paint’s name is trademarked.
Growth & Expansion:
Additional growth will come from more aggressive online marketing (including Pay Per Click, enhanced Google AdWords, etc.), expanding the offerings of colors (although colors can be mixed, people prefer to purchase a pre-made color), creating DIY kits and classes (both in-person and online), and expanding the types of brushes and finishes sold with the paints.
Reason for Selling:
other interests
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Diane Hartz Warsoff

Business Listed By:
Diane Hartz Warsoff

Transworld Business Advisors of Utah County

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Sponsoring Broker:
Arthur Warsoff

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