Mattress Retail, Wholesale and Buying Group
Montgomery County, TX
| Asking Price: | $599,000 |
| Gross Revenue: | $1,536,256 |
| Established Year: | 2014 |
| Cash Flow: | $225,000 |
| Inventory: | $41,000 |
Listing ID: 2206509Listing provided by BizBuySell
BUSINESS DESCRIPTION
The founders started out in one location and eventually expanded to a second location.
They decided they wanted to concentrate on the one location so they could build the licensee and wholesale business as well. They sold the second location and have been operating the company and all its revenue streams from the one store.
They have grown the business from the one retail store to managing nine members of the Buying Group and setting up the wholesale business of 40 other mattress retailers by supplying them with quality mattresses, adjustable bed frames, massage chairs, pillows, bedding.
The business is run by the founder with occasional help from other family members that he hires as independent contractors on an as needed basis.
DETAILED INFORMATION
Location
Montgomery County, TX
Inventory
Included in asking price
Real Estate
Leased
Building SF
1,800
Lease Expiration
31/10/2029
Facilities
The purchase comes with all supplies, computer, software, inventory, 2022 Ford Raptor delivery truck and retail store fixtures.
Competition
The market is primed for a concept like this that combines very high quality sleep products, with a value oriented price point. They have mattresses with quality equal to any of the major retailers at everyday price points better than the major retailer's sale prices.
Growth & Expansion
The company is prime for expansion in all three of their revenue streams: Retail store, Buying group management and expansion , and growth of the wholesale division.
Financing
Partial Seller financing is negotiable for a well qualified buyer.
Support & Training
The owner has included 4 weeks on training. This transition training is included in the purchase price.
Reason for Selling
The owner has worked in various aspects of teh mattress industry for over 20 yea
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