Furniture & Mattress Store

Asking Price$1,500,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&ENot Disclosed

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Furniture & Mattress Store


Asking Price$1,500,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&ENot Disclosed

Business Description
We are pleased to present this highly profitable and popular furniture and mattress business with a decade of dominance in the marketplace. This thriving operation features a massive showroom and warehouse facility, offering an unparalleled shopping experience. Stand-alone building located in a major shopping center; it includes attractive lease terms in a prime, central location that draws a steady stream of loyal customers. This is a fantastic opportunity for a savvy operator looking to capitalize on a well-established brand.

This business has a very strong reputation that serves a large segment of the State of Maine all the way up to the Canadian border. The business is known for its quality furniture and mattress line at competitive prices and superior customer service. Unlike other similar furniture stores this business maintained a large inventory thru the covid years and as a result was able to provide customers with pick up their purchases immediately or have them delivered. Owner will provide buyer with a long-term lease with options to renew.
About the Business
Years in Operation
14
Employees
24
Facilities & Assets
Modern two-story building with a large amount of on-site parking.
Market Outlook / Competition
There is some competition in the area, none of which has had any significant impact on this business.
Opportunities for Growth
Owner is now exploring ways to expand the business sales through use of the internet.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
120,000
About the Sale
Seller Motivation
Owner would like to slow down a bit.
Transition Support
There are twenty-four fulltime employees and two parttime employees all of whom would like to remain with the business. For health reasons the Owner would like to pass on the responsibilities of the ownership of the business to someone else. Owner is willing to stay behind for a period of time to be negotiated to assist the buyer in learning all aspect thereof.
Listing Info
ID
2051236
Listing Views
1354

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Business Listed by: Doug Erickson SVN The Masiello Group

Listing ID: 2051236 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.