37302-Quality Furniture an Mattress Store

TX

37302-Quality Furniture an Mattress Store

Asking Price:$387,000

Cash Flow:$137,000

Gross Revenue:$1,015,000

EBITDA:N/A

FF&E:$100,000

Inventory:$100,000*

Real Estate:N/A

Established:1962

*not included in asking price.

37302-Quality Furniture an Mattress Store

Get Financing Save Print Share Valuation Report

Business Description

Priced to sell and located off of a state highway, this Central Texas retail furniture store services Dallas, Houston, Austin and everywhere in between! The company has experienced good growth over the last few years, 2016 trending well over a million again. Selling Dining Room furniture, Living Room (60%) Mattresses (35%) and (5%) Home Furnishings. A recently updated company website is sure to bring in additional revenues. Furnishings include traditional, Rustic/Western and budget friendly to high end furniture. The company is a member of Nationwide Buying Group with innovative brands such as Catnapper, Best, King Koil, Mayo and many others with quick restocking capabilities. Further, if new owner desires, many local designer offer one-of-a-kind Furniture Creations and Décor following current trends. Additional revenue comes from a moving service which they offer to the general public. They move locally and within a 300 mile radius. This independent division services a three hour radius and has excellent word of mouth, adding to their impeccable reputation. This is a Family owned business for over 50 years. Current family owners began tenure in 1987 and are ready to retire. This outstanding business has excellent word of mouth and has an impeccable reputation which generates continuing word of mouth referrals.

This wonderful business offers a new owner; consistency in supplier, good sales volume, market growth and profitability. The business could be operated in a hands-on or absentee fashion giving the owner the ability to enjoy a flexible schedule with as much control of business activities as desired. Because inventory varies, it is negotiable at time of sale, as is financing for the right buyer. Call us today to get all the details on this great company!

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Owned
Building SF:
N/A
Employees:
4
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The property is owned with the option to lease or purchase. The building of 15,000 sq. ft. is located on .8 acres of land and was built in 2006, still in very good condition. Inclusively, they have a 3,000 sq. ft. of storage and work area. Additionally, there is a large storage adjacent to the building. The building and land is located in an excellent location adjacent to a Super Wal-Mart with very high traffic!
Support & Training:
Exceptional staff, including a strong manager, delivery and moving team which most likely be willing to stay on after the sale. The owners are available for a transitioning period.
Reason for Selling:
Approaching retirement.

Listing Statistics for Premium Members

Ad#:1314157 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.

Contact the Seller

(from currently available funds)
 
Sign up for the BuyerNewsletter.
Learn to use your IRA/401K to buy a business: Guidant Financial (min. $50K needed in IRA/401K)
Contact Seller Loading

Buyer Division

Business Listed By:
Buyer Division

IAG

Show Phone Number

View My Listings

Find out more...

Get more details about this business.


Similar Listings


One Day Doors & Closets

Franchise Opportunity In TX
Capital Required: $75,000