Paint Place-Burpengary, QLD - Business Acquisition Opportunity

Key Strengths:

Established customer base

Rich operating history

Strong revenue growth

About the business

The Paint Place in Burpengary is a well-run and well-established business that has been trading since 1994, and has been with the current owner since 2014. 

Part of the Paint Place group which is Australia’s leading group of independent paint specialists with over 40 years of delivering industry knowledge and tailored advice to customers. 

Each paint store is locally owned and operated, ensuring the brand’s reputation for guaranteed expert advice and professional services, while also supplying leading paint brands and a full range of painting accessories. 

The business has a range of income streams which include paint, paint supplies and accessory sales, DIY needs sales such as epoxy resin & timber care, and workshops. 

With the owner looking to retire from the business, this is a great opportunity to secure a well-run store, with an established customer base in one of Moreton Bay’s fastest-growing residential areas. 

About The Opportunity: 

With a turnover of $509,527 in the previous financial year (2021-22), Paint Place-Burpengary has demonstrated consistent cash flow and impressive profitability. 

The substantial client database includes hundreds of VIP clients providing a proven history of solid recurring income. The client base includes a diverse range of customers such as commercial painters, builders, interior designers, renovators, and retail consumers. 

Operating as a buyer's group rather than a franchise, this business provides the unique advantage of no postcode or area restrictions, allowing for unlimited market reach and growth potential. 

As part of the Paint Place Group, a national network of 31 locally owned and operated stores, you’ll have the backing of a highly renowned and regarded brand in the sector, and the credibility that goes with it.

On top of all the systems and procedures you’ll need already in place, training and support are available as well should you need it.

Financial records are available for review, highlighting the strong financial performance of the business.

Purchase price:

Offers over $299,000, plus SAV

Key features of the business:

• Well-established business operating since 1994
• Turnover 2021-22 FY $509,527
• Substantial client database including hundreds of VIP clients 
• Huge potential for growth – massive market
• No postcode or area restrictions as this is NOT a franchise it is a buyer’s group

This ownership opportunity offers an ideal platform for an experienced entrepreneur, or someone with an interest in the painting industry to thrive in a massive market with immense growth potential.

Enquire now for more information about becoming the next owner of Paint Place-Burpengary!