Details
Asking Price: |
$199,999 |
Annual Sales: |
$1,600,000 |
Cash Flow: |
$199,770 |
Inventory: | $50,000 |
FF&E: | $410,000 |
Real Estate: | N/A |
Employees: | 1 FT Owner 4 FT |
Location: | North Denver Metro |
Reason For Sale: | Undercapitalized |
Business Description
Offered At 1 Times Cash Flow
Includes $50,000 Of Inventory And Over $300,000 Of FF&E
This business provides custom mattresses to customers at direct to consumer prices. The business includes three retail showrooms and a mattress factory.
This Franchise based business has three locations in vibrant communities in the North Denver/Boulder area. It has been owned and operated by the same family since 1989. The new owner will receive the benefit of strong branding with the opportunity to grow the business quickly with the high quality product lines. The business has had steady revenue throughout the years until 2018, when costs from opening a new location and remodeling an existing store have burdened the business. This opportunity is ideal for an individual looking to build a portfolio of health and wellness focused businesses, someone from within the mattress/furniture industry, or someone new to entrepreneurship who is looking for advice and guidance from an established national franchise system.
There is a tremendous opportunity to expand if you give the business full-time attention and resources. Opportunity to expand further with internet placement, increasing the marketing, local networking, and advertising. Firm has a large customer base of happy clients, and online reviews are exceptional, which drive repeat and referral customers.
Franchisor is actively helping current ownership, and the well regarded franchise program will support the business.
Represented by Dave Harris. Tell me more about this business.