71387- Mattress and Furniture Retail Operation
For Sale in OH
Financial & Assets Details
About the Business
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
