Turn Mattresses into Piles of Money

Queens, NY (Queens County)

Seller Financing Available
Mattress Store

Asking Price:$67,000

Cash Flow:$118,000

Gross Revenue:$1,529,000

EBITDA:$118,000

FF&E:$3,000

Inventory:$8,000

Rate/Sq. Ft.:N/A

Established:1982

Turn Mattresses into Piles of Money

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Business Description

Most of the public is unaware advertising expenses are typically adjusted right into the price of a mattress in order to cover overhead expenses and still turn a profit. Our Corporate leaders designed the model focused on reducing overhead expenses to a minimum and have removed associated costs by advertising and instead use word of mouth marketing and other inexpensive, and usually free, methods. Corporate passes the savings to us with reasonably low wholesale prices which allow us to undercut traditional retail stores and make as much profit as they do while at the same time saving our friends and family and general customers very nicely.. Along with Simmons and Serta mattress lines, we offer our own national brands that are manufactured in the same factories, which include PerfectDreamer, MemoryZzz Mattresses and Kozy lines that are the only national brands priced at off brand pricing. Provide delivery for an additional stream of revenue. High Quality, Name Brand, New and Fully Warrantied Products. In the process of adding electric adjustable beds, spas, floor covering, appliances and electronics to our portfolio of BigTicket items that you can make money on.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building Sq. Ft.:
3,000
Lease Expiration:
N/A
Employees:
0
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Backed by very nice financials and handsome projections, the fastest growing network of mattress brokers in the United States is selling their Queens, NY location. We work out of retail locations, flex space, swap meets, conventions and everything in between. The markup on Mattresses is so gigantic it allows us to undercut every retail store and still make a high profit. || Primary Facebook Pages: https://www.facebook.com/idealfurniture.org/ || https://www.facebook.com/perfectdreamer/ ||
Competition:
We promote our business through innovative and inexpensive methods of advertising to keep operating costs to a minimum. Provide quality merchandise to our clients at bargain prices while still remaining profitable. We don’t possess the overhead and expenses of marketing costs, payroll, traditional advertising, etc.; this allows us to undercut the competition... therefore, no one can compete with us!!
Growth & Expansion:
The best course to serve our community is by saving our neighbors money and putting it back through the Local Economy as opposed to overpaying Corporate America.
Support & Training:
FULL TRAINING AND SUPPORT: Corporate has over 30 years experience in the mattress and furniture industry, they are the experts and are very thorough: Associated Media: Own a Distribution Center - https://youtu.be/g1Q1RKxmCg4 || SleepShop - https://youtu.be/2YpNXGswonA || Furniture Revolution - https://youtu.be/6bUTXI7fSFY || Message from iDealFurniture Founder & CEO - https://youtu.be/qoyx-f7LnIk || BigTicketBroker Distribution Center - https://youtu.be/4l_F6rMUlZY
Reason for Selling:
Owner moving to West Coast
Franchise:
This business is an established franchise
Business Website:
http://iDealFurniture.org

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Jared Matteo

Business Listed By:
Jared Matteo

NewEconomyMattressGroup

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