QUALITY PAINTS, Lagos - We’ve considered awaiting the final outcome of Brexit, but unfortunately our little bodies have told us otherwise, so the BUSINESS is BACK UP FOR SALE - and PRICE REDUCED (from €195K) to €165K due to FX rate.
€165K is all inclusive ie lock stock and barrel - but there’s now an option to RENT the Shop premises. If RENTAL is preferred, Shop value (to be deducted from €165K), also rent, will be independently assessed.
If you’re looking to keep body and brain active whilst still having ample time to enjoy the Algarvean lifestyle, (current opening hours are Mon to Fri, 10.00 to 16.00 - unlike 24/7 for bar/restaurant type businesses), then this could be for you!
We still enjoy running the business and would very much like to continue, but unfortunately neither of us is getting any younger and the physical aspects are getting a bit beyond us, aaaah!
CLIENTS PLEASE NOTE: THE BUSINESS WILL CONTINUE AS USUAL, (may improve!), NOT LEAST AS THERE WILL BE A HANDOVER PERIOD OF UP TO THREE MONTHS AVAILABLE TO THE NEW BUYER, SO ANY CHANGE WILL BE SEAMLESS.
QUALITY PAINTS was established by us in 1995 and is a fully registered Unipessoal Lda business.
Over the last 22 years we have gained a name synonymous with both quality and service. Having 10+ tons of stock ensures instant availability, so none of this “amanhã” or “next week” attitude.
SKILLS REQUIRED (not a lot!)
Basic computer skills - ie able to operate a keyboard and mouse!
Language = English - 95% of clients are Brits
Basic DIY paint knowledge an advantage - but NOT essential
Ability to drive an advantage - a Mercedes Vito van included in sale
CUSTOMER BASE
Brit expats are 95% of the customer base, the balance being mainly central European expats.
PRODUCT BASE
A top quality range of Exterior and Interior UK paints, (marketed world-wide), purchased directly from the UK manufacturers, including such iconic brands as: ICI Dulux and Sandtex. Both these brands are instantly available in 100% of their full colour ranges. There’s also a selection of Ronseal Woodcare products - and there’s more!
All three brands are unique in Portugal. Their three parent companies, all major multi-nationals, will issue the buyer with a “Distributor Contract Agreement” ensuring continuity of supply on the same terms QUALITY PAINTS has enjoyed for the last 22 years.
SALES DETAILS
So what do you get for your money? - quite a lot actually.
Simply step into the Shop on “day one” and carry on running a flourishing, well established, fully stocked business, offering one-stop shopping for a full range of UK Exterior and Interior iconic paint products unique within Portugal.
There’s also potential for further growth, not least as being “non-IT tech savvy” (that’s putting it nicely!) we haven’t as yet initiated a website, nor entered the various social media sites, and there’s more - up to 3 months handover/training should you wish.
SELLING PRICE = €uros 165K - complete with leasehold Shop premises - OR a Shop RENTAL option AT APPROX €95K - so what’s NOT to like?
For further information please contact Tim Bebbington on (+351) 919 867 917, or email qualitypaints007@gmail.com.
NB: the above information provides a comprehensive view on how the business is currently run - so unless your interest is serious, then NO time wasters, please!
Tim & Denise Bebbington, QUALITY PAINTS, Lagos, Algarve, Portugal
T: (+351) 919 867 917
E: qualitypaints007@gmail.com
Photo courtesy of portugalresident.com
