Established specialty paint and decorating retailer founded in 1971 with three active locations across Southwestern Ontario. The Company sells paint products, sundries and wallpaper to retail and contractor customers.
• 50+ Year Operating History – Long-standing regional presence with current ownership acquiring the business in 2023.
• Three-Store Footprint – Active presence in three different strategic locations.
• Recognized Product Offering – Long-standing supplier relationship with flexibility to offer complementary product lines, with manufacturer- supported employee training.
• Diversified Customer Base – Established database of 17,000+ retail and contractor customers, with limited reliance on individual customers and a broad mix of recurring and transactional business.
• Favorable Competitive Position – Limited major paint-retailer competition in the store operating area.
• Financial Performance– FY2024 consolidated revenue of ~$2.7M generated recast SDE of ~$459K. Importantly, the three stores currently operating generated ~$1.46M of sales in FY2024 versus ~$0.80M in FY2025, with the decline occurring following reduced day-to-day owner involvement.
• Turnaround & Growth Opportunity – A hands-on buyer can rebuild sales through active management, additional staffing, customer reactivation and digital marketing, with supplier-supported transition, buyer training and customer re-engagement initiatives. Additional upside exists through expanding the product and service offering.
• Reason for Sale – The former managing partner relocated abroad due to personal circumstances, leaving the business without active day-to-day ownership and creating an opportunity for a hands-on operator.
• Assets Included – ~$155K of operating assets plus ~$25K of inventory, representing ~$180K of combined value included in the transaction.
• Transition Support available for a reasonable period to ensure smooth transition.
