Eco-Friendly Mattress Manufact. w/ Retail

Portland, OR
Multnomah County

Asking Price: Annual Revenue:
$475,000 $1,064,233

Retail: Home Furniture & Furnishings

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RE: Eco-Friendly Mattress Manufact. w/ Retail Broker: Jason Blair
Owner Financing is Available!

Quick Facts

Asking Price: $475,000
Annual Revenue: $1,064,233
Net Profit: Not Disclosed
Cash Flow: $141,675
Total Debt: Not Disclosed
FF&E: $149,795
Real Estate: Not Disclosed
Year Established: 1981
Employees: 12
BBN Listing #: 673852348
Broker Reference #: 59071-869717

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Business Overview:

Established Profitable Eco-Friendly Mattress Manuf. with Retail

Pre-approved for an SBA loan, this is a long-established and profitable mattress manufacturing and retail furniture business that focuses on eco-friendly materials and traditional manufacturing techniques. The factory has 2 Hunter 2020 garneting machines capable of garneting approximately 500 lbs of cotton, wool or recycled plastic pop bottle fiber a day. Customers seeking high-quality, eco-friendly bedding and furniture are drawn to their well-located and attractive retail shop which is supplied by the factory in Portland where they handcraft natural futons, mattresses and bedding out of sustainable materials including natural and organic cotton, natural wool and organic latex. The store also retails high quality, locally-made wood furniture. With the country experiencing a shortage of mattresses, this business is prime for growth.

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Property Features and Assets:

When the founder was young and creative her grandmother taught her to sew and she started making her own mattresses. She began selling them at farmer’s markets and would transport them there on public transit as she was/is ecologically minded. When she was 19 she bought a house on Burnside with a storefront which would be the first retail store for 15 years. The next location was at NE Broadway and NE 20th which housed the business for 10 years. When that building sold, the business moved to its current location at NE 7th and NE Broadway where sales tripled because of the great location. Around the time of this move, the Manufacturing piece was established in NW Portland with machinery that the owner had moved from Seattle and installed in an ideal warehouse location when it remains today. Corner Space with high traffic

Market Competition and Expansion:

There is little competition in the Portland area for retail sales and no competition on the manufacturing side for hundreds of miles. Expand wholesale in Portland and on internet. Improve and monetize the websites. Expand the business into another niche market such as wool insulation. Increase prices which have not been raised for 2 years. Create and implement a consistent marketing strategy to bring in new customers. Corner Space with high traffic

Reason for Selling:

Other business interests.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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