Well-established, successful mattress business with two retail stores (3,100SF and 3,500SF) 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 $292k, including all FF&E and $85,000 of current inventory.
- Asking Price:
- $950,000 Inventory / Stock included
- Sales Revenue:
- $1,323,691
- Cash Flow:
- $88,076
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
The current lease will expire in 2027
- Premises Details:
-
Rent $6,500, NNN $722,
- Size in square feet:
- 3,500
Business Operation
- Reasons for selling:
-
Retirement
- Employees:
- 2 FT
- Years established:
- 2004
Other Information
- Support & training:
-
4 weeks, 20 hours per week
- Inventory / Stock value:
- $85,000 - included in the asking price
