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.
- Asking Price:
- $2,100,000 Inventory / Stock included
- Sales Revenue:
- $3,023,659
- Cash Flow:
- $530,182
Property Information
- Real Estate:
-
Lease
- Premises Details:
-
The business includes over 37,000 sf of retail stores across multiple locations, along with a 20,000 sf 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.
Business Operation
- Expansion Potential:
-
The business can be grown by adding additional product lines and manufacturers, as well as additional sales staff and locations.
- Competition / Market:
-
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.
- Reasons for selling:
-
Owner wishes to retire and travel.
- Trading hours:
-
Mon-Sat 10am-8pm; Sun 11am-6pm
- Employees:
- 8 FT
- Years established:
- 8
Other Information
- Support & training:
-
Will train for 4 weeks @ $0 cost.
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Financing available:
-
$1,875,000 down/$225K over 120 mos. @ 6.50%.
- Inventory / Stock value:
- $1,250,000 - included in the asking price
