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- RE: Retail Sleep Center In Excellent Location
- Contact: Bill Kelly
Quick Facts
Asking Price: | $379,000 | |
Annual Revenue: | $363,325 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $126,178 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 2019 | |
Employees: | 3 | |
BBN Listing #: | 984623 | |
Broker Reference #: | 9525-904326 |
Business Overview:
This successful Retail Sleep Center was created to impress customers and provide an excellent sales environment. The store was located in a high volume shopping center surrounded by a higher than average income demographic. Using premium materials, the Seller crafted a visually appealing showroom and fully stocked it with a full complement of brand name sleep systems to give customers a one stop center to compare features and prices.
Employees are fully trained to listen to customers and advise them of the sleep system that best fits their needs and budget. The 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, The store lease is assumable at a very reasonable price.
The sale includes all FF&E, lease hold improvements, and established website & phone numbers. Store inventory is floor planned and is being sold separately.
Don't miss this opportunity to own a successful well established business with plenty of up-side available.
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Property Features and Assets:
Monthly Rent: $9,600.00
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 the local market surrounding this location, there remains many opportunities for growth and expansion.
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:
Other Business InterestsAdditional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
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