Listing Number: 76931-774718
In business since 2015, this mattress company is located in west Houston and specializes in the sale of mattresses, adjustable bases, furniture, and bedding accessories. This business has low overhead and can be operated on a flexible schedule.
The business for sale is located in a warehouse facility and occupies 3,000 square feet. There are two years left on the lease. The rent including CAM is only $3,000 per month.
This business is very profitable and currently has 2 employees that provide sales and delivery assistance. Per seller's 2021 financials, revenues were $415,000 with $120,000 in seller discretionary earnings. The listing price includes FF&E of $18,000, Leasehold Improvements of $27,000, Inventory of $38,000, and $8,000 box truck. The owner wishes to retire and will provide two weeks of training to ensure a smooth transition.
This business is perfect for an owner-operator with basic selling skills that is looking for a simple and profitable business to operate. There is also the ability to expand by going into e-commerce if desired. The size of the mattress industry is estimated at $35 billion!
- Price: $ 245,000
- Down Payment: $245,000
- Sellers Discretionary Earnings: $ 120,000
- Total Sales: $ 415,000
- Location: Harris County, Texas
- Inventory: $ 38,800
- FF&E: $ 18,450
- Employees: 2
- Year Established: 2015
- Reason for Selling: Retirement
- Category: Furniture Retail