Mattress Retail store, price drastically reduced.
Business Description
The owner is very eager to sell and has cut the price in half. They have decided to reduce their offering price from $599,000 to $300,000
The founders started out in one location and eventually expanded to a second location. They decided they wanted to concentrate on one location so they could build the licensee and wholesale business as well. They sold the second location and have been operating the company and all its revenue streams from the one store.
They have grown the business from the one retail store to managing nine members of the Buying Group and setting up the wholesale business of 40 other mattress retailers by supplying them with quality mattresses, adjustable bed frames, massage chairs, pillows, bedding.
The business is run by the founder with occasional help from other family members that he hires as independent contractors on an as needed basis.
The founders started out in one location and eventually expanded to a second location. They decided they wanted to concentrate on one location so they could build the licensee and wholesale business as well. They sold the second location and have been operating the company and all its revenue streams from the one store.
They have grown the business from the one retail store to managing nine members of the Buying Group and setting up the wholesale business of 40 other mattress retailers by supplying them with quality mattresses, adjustable bed frames, massage chairs, pillows, bedding.
The business is run by the founder with occasional help from other family members that he hires as independent contractors on an as needed basis.
About the Business
- Years in Operation
- 11
- Employees
- 1
- Facilities & Assets
- The purchase comes with all supplies, computer, software, inventory, 2022 Ford Raptor delivery truck and retail store fixtures.
- Market Outlook / Competition
- The market is primed for a concept like this that combines very high quality sleep products, with a value oriented price point. They have mattresses with quality equal to any of the major retailers at everyday price points better than the major retailer's sale prices.
- Opportunities for Growth
- The company is prime for expansion in all three of their revenue streams: Retail store, Buying group management and expansion , and growth of the wholesale division.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 1,800
- Rent
- $3,950.00 per month
- Lease Expiration
- 10/31/2029
About the Sale
- Seller Motivation
- Owner has worked in various aspects of the mattress industry for over 20 years.
- Transition Support
- The owner has included 4 weeks on training. This transition training is included in the purchase price.
- Financing Options
- Partial Seller financing is negotiable for a well qualified buyer.
Listing Info
- ID
- 2206509
- Listing Views
- 1980
Listing ID: 2206509 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.
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