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71387- Mattress and Furniture Retail Operation

For Sale in OH

Listing ID: 71387 | Broker Listing ID:

Financial & Assets Details

$715,000
$131,000
$25,000
$133,000
Yes

About the Business

1983
3 FT
Yes

Business Description

This retail operation specializes in all major brands of mattresses and related furniture. The company’s primary products include adjustable beds and top brand mattresses like Tempur-Pedic, Southerland and Serta. The company operates from a leased 6,500-square foot facility, featuring a storefront showroom, warehouse area, office space and personnel with industry knowledge. The company has a proven track record, supported by over thirty years of ongoing business. With its niche range of products, the company’s marketing efforts focus on targeting individuals within a 35-mile radius of their west-central Ohio location near Lima and Fort Wayne. Revenues have increased 6% over the past 5 years, due to focusing on the adjustable bed niche. Last year, the company’s total revenue was $715,000 with an SDE of $131,000. The asking price includes all inventory and equipment required to operate the business. With a large customer base and solid reputation, they continue to attract new customers while maintaining its reputation with existing ones.

Seller Financing

Negotiable for the right buyer

Support & Training

The owner is flexible about transitioning, he can stay up to two years under the right terms. The Employees would be able to stay after the sale.

Reason for Selling:

Approaching retirement

Listing ID: 71387

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