Retail - Home Furniture & Furnishings

Asking Price	$129,000	Inventory	$30,500*
Gross Income	$409,728	Real Estate
Cash Flow	$49,892	Year Established	1995
FF&E	$28,656*	Employees	3

* included in the asking price

** not included in the asking price

This is a Cash Flow Business. Every one needs a bed to sleep in and most people purchase a new mattress every few years. Your mattress is one of those essential items in every household that has become more important over the years due to the average person having back and neck problems. Your mattress can make you feel better, or worse. Try it you'll like it!!!!!!!!! Having a great location is important, but selling the highest quality Mattresses Manufacturer in today market,(SIMMONS) makes this business a pleasure to operate and fell successful. The products carried are Simmons Beauty rest, Simmons Deep Sleep, Simmons Latex, Simmons Adjustable Electric Beds, Spring Air Infinity Memory Foam Beds, Coastal Bedding(local high quality mfg. Pensacola for our economy line.) Bed frames, rollaway beds, sleeper sofa mattresses, mattress protector covers. The bulk of the business is the middle to upper end Simmons Beauty rest product approx. 80% The Coastal is probably 10%, with Spring Air Infinity( a fairly new product) making up approx. 5% and the remainder in odds and ends. The area growth figures are out and within a 5 mile radius, it is expected that an additional 5000 families will move in before the end of 2009. That projects another 7500 mattresses alone on new family sales. Satisfied customers come back to the same store year after year, selling a SIMMONS Mattress keeps that flow. This is a very solid business with a great future. The seller has a few other marketing directions that the buyer could pursue and will share with the future owner. Call now for this cash flow business.

Facilities: The Store front is very visible from the road and has great curb appeal. Entering through the front door to the 2800 Sq. Ft. spacious showroom reflects a neat and organized business anyone would be proud to own. Storage is in an easily accessible additional rear 800 Sq. Ft. space containing another $15,000 worth of new inventory.

Competition: Located in an upscale and very popular shopping center on a Major Roadway in Panama City Florida.

Growth/Expansion: This business has been in the same location since 1998 and has seen new growth potential with the expanding residential and commercial from Port St. Joe in Gulf county to Seaside on 30A in Walton county.

Financing: Seller may consider financing to a qualified buyer

Support/Training: Seller will provide support and training for the buyer during a transition period after the purchase.

Reason Selling: Seller is retiring and moving on to other interests.