Established Mattress and Furniture Store! Unique and Profitable!

Onalaska, WI (La Crosse County)

Established Mattress and Furniture Store! Unique and Profitable!

Asking Price:$90,000

Cash Flow:$85,000

Gross Revenue:$210,000

EBITDA:N/A

FF&E:$4,000

Inventory:$15,000

Lease Rate/Sq. Ft.:$850

Established:2013

Established Mattress and Furniture Store! Unique and Profitable!

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Business Description

Beds on a Budget LLC. is a small but Authorized and Trusted mattress and furniture outlet. Started in 2013 to wholesale furnishings to the design and real estate trades, quickly evolved into a full time business open to the public! With a savvy and unique business model, we have been able to maintain the reputation as the La Crosse Counties known Furniture Discount Dealer! Low Overhead & High Volume sum it up and Beds on a Budget does it best! We offer Corsicana Bedding, Sleep Inc, Five Star Mattress & Coaster Furniture. With the ability to distribute many other brands!

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,500
Lease Expiration:
N/A
Employees:
1
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
We lease a 1,500 sf. warehouse, where we show and store inventory. We show 15 floor model mattresses and stock over 100 mattresses ready for purchase! We stock $3-$4000 in furniture inventory, but most of the furniture purchases by our customers are ordered by unique showroom kiosk, website or by catalog.
Competition:
We are located in Onalaska WI. and direct neighbors to 3 other rapidly growing communities. La Crosse: our largest neighbor to the South, has 3 Colleges including 1 University which brings endless traffic to our business. Mayo Clinic and Gundersen Health System are both located in La Crosse with rapid growth showing in both Onalaska and Holmen, which brings in new young professionals needing furnishings yearly! We have numerous competitiors in our market, but our clientel continues to grow through repeat customers, word of mouth and social media!
Growth & Expansion:
Pros: Many areas for growth! A second location an hour east into the Rochester MN. market would be an ideal way to see very healthy growth. Adding 1-2 more furniture suppliers would also expand selection. Cons: You will be very busy opening a second store and will need 1-2 trustworthy candidates to help with the process.
Financing:
Financing Negotiable.
Support & Training:
I have been in the mattress and furniture business for over 8 years and have a thorough understanding and knowledge about every aspect of the business! We will offer complete training: where to buy the furniture, what sells more, pricing, introduction to the community, and tricks of the trade. Including an understanding of the competition and where we are different.
Reason for Selling:
Husband and wife owner moving out of state.
Franchise:
This business is an established franchise
Business Website:
http://www.bedsonabudget.net

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Business Listed By:
Aaren Wills

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