Seller's Contact Information
- RE: Mattress And Furniture Business For Sale
- Contact: Mike Holloman
Quick Facts
Asking Price: | $1,995,000 | |
Annual Revenue: | $3,023,659 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $530,182 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 2014 | |
Employees: | 8 | |
BBN Listing #: | 18374955 | |
Broker Reference #: | 6206-17079 |
Business Overview:
This is a successful furniture and mattress business for sale with a large warehouse and multiple retail locations. Revenues continue to grow as operations are consolidated to profitable locations and the warehouse is efficiently organized and managed, with inventory kept fully stocked to encourage sales for customers seeking rapid delivery.
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Property Features and Assets:
The business includes over 37,000 square feet of retail stores across multiple locations, along with a 20,000 square feet warehouse space. Apartments located in the warehouse and one of the store locations for management or ownership to use. Buildout of warehouse with racks and apartments are included in the leasehold improvement figures. Assets - $1,250,000
Market Competition and Expansion:
While there are plenty of furniture stores in the Houston area, this business has set themselves apart by offering quality name brand furnishings at discounted prices. They are known for having items in stock and readily available, offering rapid delivery with their own crews and vehicles. The business can be grown by adding additional product lines and manufacturers, as well as additional sales staff and locations.
Reason for Selling:
Owner wishes to retire and travel.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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