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Mattress and Furniture Retailer

Josephine County, OR, USA
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Businesses For Sale | Furniture & Furnishings Stores For Sale

Listing ID : 428919

Posted on March 14, 2024 View Count 602

Price :
$950,000(Price Reduced)
Business Financials & Assets :
Gross Revenue:
$1,323,691
Cash Flow:
$88,076
Year Established:
2004
Inventory Included:
Yes
Estimated Value of Inventory:
$84,999
Property Details :
Business Details :
Number of Employees:
2
Business Can Be Moved:
No
Real Estate:
Leased
Rent:
$6,500
Type of Lease:
Triple Net Lease (NNN Lease)
Lease Expiration:
2027
Building Size:
3,500 Sq. Ft.
Facility & Tenant Improvements:
NNN $722
Terms :
Support & Training Offered:
4 weeks, 20 hours per week
Reason for Selling:
Retirement
Equipment Specifications :
Company Overview :
Franchise Overview :
Description :

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.  EG11289

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