Business Overview:
High net profits, owner works approximately 20 hours per week. Five year sales average of $1.8mm. $300k of inventory included in asking price. Full time warehouse manager, and three sales persons. Boutique mattress franchise, 10 years in business with proven track record. 4,000 sq ft showroom sells high end mattress sets from top 3 industry vendors and bedroom furniture from a leading high end vendor. Additional 1,875 sq ft. warehouse holds inventory. Delivery truck included. Extremely high average ticket. Prime location. Lease options available, lease coming up for renewal so new owner can decide. The store is back to pre-covid sales and going strong. Beds, bedding, and bedroom furniture sold.
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Property Features and Assets:
Prime location on main street in the highest income per capita county in the USA. Lease has renewal options. All expenses in line with industry. Shopping center, free open surface parking, 4,000 sq ft store. Separate 1,875 sq ft warehouse for inventory storage. $300,000 in inventory included in sale. Delivery truck included in sale.
Market Competition and Expansion:
One local competitor within 1 mile radius. Competitor isn't really a challenge to this business. The store is back to pre-covid sales and going strong.
Reason for Selling:
moving
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 a franchise resale opportunity.
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