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New Competitive Mattress Store
Location: United States -> Texas -> Houston -> Spring
Industry: Retail > Home and Garden Retail

Business Summary

A recently opened (only 21 days of full operation starting in September 2016) and already thriving mattress store in an amazing location in Spring, TX is up for sale. This center currently sells mattresses, box springs, pillows, bed frames, and adjustable bases with the option to add more bed accessories. You will have access to top mattress brands. This business is relatively simple to run and the owner will guide you for at least 4 weeks through the learning phase.

While only being in full operation for less than 3 weeks this location has already amassed $5,000+ in sales without being fully advertised. Overhead is very low which opens the opportunity for a fast return on investment. There are training guides and full access to helpful material to guide you through the initial start.

Financials: Forecasted annual net profit was assessed at $90,000 - $150,000 through Pro Forma Forecasts and Comparative Analysis. This business has no debt and was 100% financed by owner. Asking Price is $48,000

Inventory: Included in asking price

Furniture, Fixtures, & Equipment (FF&E): Included in asking price.

Facilities: Leased Space is a wide open 2200sqft and the buildout is complete. Lease rate is a flat $2,200 with all costs included. This is well below market value for this area.

Growth and Expansion: Store is primed for growth with 10 - 20% sales increases expected over the next five years. Currently using social media and signs/flyers for advertising. Our Facebook page has been creating a large buzz in the short time we've been open with nearly 400 likes and hundreds of comments. We have pushed brand awareness through this media outlet which has been successful. Continuing these marketing efforts will continue to drive this fast - paced growth.

Call 281 - 841 - 3239


Asking Price Range:  < $250K
Gross Revenues:   $5,000
Cash Flow:   $1,800
Cash Flow Type:  EBITDA
Inventory:  $9,200
Seller Financing:  Not Disclosed

About The Business

Year Established:  2015
Number of Employees:  1 - 3
Relocatable:  Not Disclosed
Franchise:  Yes
Current Real Estate:  Leased

About The Sale

Management Training and Support:  4 weeks of one on one support
Reason For Selling:  The owner recently launched a rapidly growing tech start-up that requires him to be away for weeks at a time

Print Listing Id: 700268988
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