NOT DISCLOSED, Virginia
| Asking Price |
$369,000 |
Year Established |
2013 |
|
| Annual Revenue |
$290,289 |
Reason for Selling |
Other Business Interests |
|
| Annual P/L |
|
Attention |
Bill Kelly |
|
| Annual Cash Flow |
$145,055 |
Listing Number |
984627 |
|
| # of Employees |
3 |
Business Category |
Retail: Home Furniture & Furnishings |
|
Business Overview:
This successful Retail Mattress Store was created with high volume sales in mind. The store is beautifully designed to impress customers and provides an excellent sales environment. One of three stores, being sold separately or together, this location is in a busy shopping center selected for it's proximity to higher income families. The store has is fully stocked with brand name bedding in every price range which is floor planned and sold separately.
Employees are 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.
A signed NDA and Buyer Profile is required to receive additional information.
Call the Exclusive Agent for more details.
Property Features and Assets:
<p>Monthly Rent: $3,203.00<br><br>Square Units (Foot, Meter): 12,000<br><br>Lease Expiration Date: January 1, 2026, 12:00:00 AM<br></p>
Market Competition and Expansion:
<p>​Competition:<br></p><p>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.<br></p><p><br></p><p>Expansion:<br></p><p>This store has competitively lower prices over similar stores in the area.<br></p>
Additional 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