Mattress and Furniture Business for Sale

Not Disclosed, TX
Harris County

Asking Price: Annual Revenue:
$2,100,000 $3,023,659

Retail: Home Furniture & Furnishings

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RE: Mattress and Furniture Business for Sale Broker: Mike Holloman
Owner Financing is Available!
$1,875,000 down/$225,000 over 120 months @ 6.50%.

Quick Facts

Asking Price: $2,100,000
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

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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 a homebased business opportunity.
  • This is not a franchise resale opportunity.

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