Busy Mattress & Furniture Liquidation Store located in a high traffic area! Minimal effort to operate with built in revenue and low monthly overhead. Busy strip mall with lots of foot traffic. Rare opportunity with high end brands! Business also sells whole house furniture and supplies short term rentals. Extremely well known and respected by clients with great online reviews. Inventory is included in asking price and large inventory on hand NOT REQUIRED! Seller is semi-absentee traveling 30 weeks of the year in 2023. Manager available and willing to stay on with new owner. Seller has all sales records for streamlined due diligence. Gross Sales and Total Income are from 2022 tax return with simple add backs. EMAIL NOW before it is gone! For the fastest reply to you inquiry, please use this ad's email reply! For the fastest reply to your inquiry, please use this ad’s email reply or contact Business Broker Edwar Smith
- Asking Price:
- $300,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $246,161
- Cash Flow:
- $91,029
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
Total monthly rent of $2,500
- Premises Details:
-
This is a leased location of 1,800 square feet with a Total monthly rent of $2,500. Lease ends 2/2025. Seller is active with 1 FT and 2 PT employees. Hours of operation are 10am – 5pm Monday to Saturday. $30,000 in inventory and $20,000 in FF&E included in the asking Price. $30,000 made in leasehold improvements. Other Assets include top tier mattress brands, low price guarantee, and manufacturer warranty keep customers coming back.
Business Operation
- Reasons for selling:
-
Seller would like to spend more time traveling with family and has multiple homes in different countries.
- Trading hours:
-
10am – 5pm Monday to Saturday
- Employees:
- 1 FT, 2 PT
- Years established:
- 5
Other Information
- Support & training:
-
Fourteen (14) days
- Furniture / Fixtures value:
- $20,000 - included in the asking price
- Inventory / Stock value:
- $30,000 - included in the asking price