Mattress Retailer with Multiple Locations, Ready To Grow!

Listing Number: 9525-876365

Description

This successful chain of Retail Sleep Centers opened its first store in 2019 then over the years expanded it to several other locations, with the plan to become a franchise. The Seller took great care to design, build, and operate each location so they could be duplicated throughout the region. Each location was carefully selected in higher income residential shopping centers and are designed to impress customers and provide an excellent sales environment.

Each location is fully stocked with a full complement of brand name sleep systems to give customers a one-stop shopping experience where they can compare a full range of features, benefits and prices. All inventory is floor-planned and is sold separately. The current inventory financing provider is eager to qualify the new owner if inventory financing is required. With the addition of each store better wholesale prices can be negotiated with suppliers.

Each store is currently owner operated, with several full and part-time employees. Employees are fully trained to listen to customers and advise them of the sleep system that best fits their needs and budget. Each 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, Each store lease is available at a favorable rate and the buyer must qualify for a lease assumption with the landlord.

The sale is envisioned as an asset sale and will include all FF&E, lease hold improvements, operating systems, and established website & phone numbers.

Don't miss this opportunity to own a successful well established business ready to grow and/or franchise.
A signed NDA and Buyer Profile is required to receive additional information.
Call the Exclusive Agent for more details.

Listing Details

• Price: $1,328,000
• Down Payment: $1,328,000
• Sellers Discretionary Earnings: $400,000
• Total Sales: $854,251
• Location: Virginia


• Inventory: $0
• FF&E: $60,000
• Employees: 3
• Year Established: 2013
• Reason for Selling: Other business interest
• Category: