Profitable Retail Mattress Warehouse

Huntsville, AL (Madison County)

Profitable Retail Mattress Warehouse
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Asking Price: $249,000

Cash Flow: $138,000

Gross Revenue: $395,000

EBITDA: $138,000

FF&E: $45,000

Inventory: $40,000*

Rent: $2,200 /Month

Established: 2015

*not included in asking price.

Profitable Retail Mattress Warehouse

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Business Description

Best mattress business in the southeast. Extremely easy to own and operate. Offers mid-line two sided mattresses at a very competitive price point. Great margins, clean, organized, just walk in and start making money. Almost zero shrinkage. Great large billboard which is seen by 39,000 cars per day.
Now owner could add more name brand mattresses Sealy, Serta and Simmons for only $150 per month
One person can run this business or bring on help if so desired

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
4,800
Lease Expiration:
1/1/2020
Employees:
1
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Fabulous location. 4800 sq. ft. Large front glass window which allows for advertising to be displayed legally. Two trucks included in the price 2002 GMC Savanna 14 ft. box truck 2006 Ford F150 Long bed Utilities are very low less than $400 per month EXIT LEASE- you can exit the lease for only $4000.00 Inventory is not included in the price !!
Competition:
No competitors nearby that offer mid-priced quality mattresses
Growth & Expansion:
Owner spends little on advertising and still shows good earnings. New owner could boost social media, advertising and Google ads to boost top line.
Support & Training:
3 Weeks included
Reason for Selling:
Owner lives 1.5 hour drive each way in TN . He needs to work closer to home
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James McGeehan

Business Listed By:
James McGeehan

Ensure Capital

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