Mattress Retailer With Multiple Locations

Business Overview:

Mattress Retailer with Multiple Locations, Ready To Grow!

This successful chain of Retail Sleep Centers opened its first store in 2019 then over the years expanded it to several other locations, with the plan to become a franchise. The Seller took great care to design, build, and operate each location so they could be duplicated throughout the region. Each location was carefully selected in higher income residential shopping centers and are designed to impress customers and provide an excellent sales environment.

Each location is fully stocked with a full complement of brand name sleep systems to give customers a one-stop shopping experience where they can compare a full range of features, benefits and prices. All inventory is floor-planned and is sold separately. The current inventory financing provider is eager to qualify the new owner if inventory financing is required. With the addition of each store better wholesale prices can be negotiated with suppliers.

Each store is currently owner operated, with several full and part-time employees. Employees are fully trained to listen to customers and advise them of the sleep system that best fits their needs and budget. Each store offers a full service experience including easy financing, delivery, and removal/disposal the old mattress. The level of personal service is verified by high customer satisfaction and higher than average online reviews, Each store lease is available at a favorable rate and the buyer must qualify for a lease assumption with the landlord.

The sale is envisioned as an asset sale and will include all FF&E, lease hold improvements, operating systems, and established website & phone numbers.

Don't miss this opportunity to own a successful well established business ready to grow and/or franchise.
A signed NDA and Buyer Profile is required to receive additional information.
Call the Exclusive Agent for more details.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

Monthly Rent: $15,375.75

Square Units (Foot, Meter): 12,000

Lease Expiration Date: January 1, 2026, 12:00:00 AM

Market Competition and Expansion:

Competition:

While there are several competitors both large and small in every regional market, this chain of stores offers a unique design and operating system that has proven successful. With the possibility of rapid expansions or franchising in this expanding market there is an excellent opportunity for growth.

Expansion:

The retail mattress store experience is preferred by most shoppers because they can compare different brands, models and prices in one location. The retail mattress industry is growing due to increased awareness of sleep quality, expanding budgets, and more housing construction. The market is expected to grow at a compound annual growth rate of 6.5–7.1% over the next few years.

Reason for Selling:

Additional Details:

Relevant Links:

• View more Virginia businesses for sale
• View more Businesses For Sale in the same industry
• Sell a business online
• Find a business broker