Profitable, Easy to Run Mattress Warehouse

Yavapai County, AZ

Warehouse Showroom
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Asking Price: Get Financing: $289,000

Cash Flow: $104,000

Gross Revenue: $329,000

EBITDA: N/A

FF&E: $32,000

Inventory: $20,000

Lease Rate: $0.51 /SF/Month

Established: 2010

Profitable, Easy to Run Mattress Warehouse

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Business Description

Profitable, Easy to Run Mattress Warehouse

Voted Best Mattress Store by Quad Cities Business News 2014, 2015,2016,2017

This is a profitable and growing business that is currently operated by one person - but lots of room for growth. Great reputation with many repeat customers - and fun to run! Prescott Valley is a perfect place for a family business.
The Business Model: A low pressure, low overhead warehouse environment that sells high quality mattresses from the same American factories as the big box stores, but at a truly lower price - no need for fake 50% Off sales or "free" tv's to pressure customers to "buy today". And unlike online mattress purchases where returns run in the 30% range, customers can try out their mattress first, but still not have to deal with a pushy, commissioned salesperson.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
2,500
Lease Expiration:
N/A
Employees:
0
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Month to month lease of $1280/mo. for 2500 sq. ft. Nice, clean showroom area along with room for lots of inventory. The trucks from the factory pull right up to the warehouse. 2017 Dodge Promaster high profile van and all inventory included in sale price.
Competition:
Growing market in Prescott/Prescott Valley metro area(third largest metro in AZ with a pop. of 130,000 - 1.5 hour drive to PHX and jet service to Prescott Airport). Special "warehouse niche" makes it easy to compete with big box and online stores. More and more people rely on their smart phones and pc's to find products and services making hwy exposure less important than in years past. Cash flow is up 18% for 2017 over 2016.
Growth & Expansion:
Could expand current product line - such as bed-in-box mattresses that require little or no inventory space. Also could open warehouses in other areas.
Support & Training:
30 days
Reason for Selling:
Retirement
Business Website:
http://yavapaimattress.com
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Business Listed By:
Doug Miller

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