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- RE: Mattress And Furniture Retailer
- Contact: Susan Costa
- License #: 201222488
Quick Facts
Asking Price: | $1,649,000 | |
Annual Revenue: | $1,484,585 | |
Net Profit: | $250,143 | |
Cash Flow: | $250,143 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 2004 | |
Employees: | 2 | |
BBN Listing #: | 942943 | |
Broker Reference #: | EG11289 |
Business Overview:
Well-established, successful mattress business with two retail stores (3,100 Square Feet and 3,500 Square Feet) located in Oregon, both located in high-traffic shopping zones. Sells a full line of popular mattresses including Awara, Coaster, Corsicana, King Koil, Malouf, Nectar Sleep, Sealy, Sealy- Crown Jewel, Sealy-Hybrid, Sealy-Posturepedcic, Stearns & Foster, Termpur-Pedic and Weekender. Also sells bedroom furniture and bedroom accessories. The stores have many repeat customers. Due to family relocation out of state, the business has been operated below its potential and has been priced with a three year average SDE of $292,000 including all FF&E and $85,000 of current inventory. EG11289
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Property Features and Assets:
The current lease will expire in 2027, Rent $6,500, NNN $722, Square Feet 3,500
Reason for Selling:
Retirement
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
Relevant Links:
- View more Oregon businesses for sale
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