Mattress Store with $30,000 of Inventory Included

Not Disclosed, IA


Asking Price: Annual Revenue:
$219,000 $397,240

Retail: Home Furniture & Furnishings


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RE: Mattress Store with $30,000 of Inventory Included Broker: Michael Rooney

Quick Facts

Asking Price: $219,000
Annual Revenue: $397,240
Net Profit: Not Disclosed
Cash Flow: $126,030
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2016
Employees: Not Disclosed
BBN Listing #: 2744955
Broker Reference #: 5003-16207

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Business Overview:

The business is a mattress and furniture store located on a busy highway. Business has been at the current location for 3 years but has been associated with the manufacturer for 15 years. The Price includes $30,000.00 of inventory

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Property Features and Assets:

Building is located off a major highway and is a stand alone building. With 4376 square feet the building is just the right size for the business. With plenty of parking and a wide open floor plan the building is perfect. Lease ends May of 2022 with 2 year extensions. The landlord has agreed to allow the tenant to assign or will work with the successful buyer on a new lease. Assets = $33,135

Market Competition and Expansion:

Business is well suited in the market place. Competitors have not been able to match price and quality being offered. The industry is strong and sellers have carved out a niche that has sales growing year over year. Business at its current location is only 3 years old. Sale have been strong through Covid. Additional advertising and sales should provide the successful buyer with continued growth and profits

Reason for Selling:

Retirement.

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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