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Manufacturer/Retailer of Home Furnishing Accessories
| Asking Price: | $350,000 | Inventory: | $40,000 ** |
| Gross Revenue: | $760,000 | Real Estate: | n/a |
| Cash Flow: | $88,000 | FF&E: | $65,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
EXTRAORDINARY OPPORTUNITY…The franchisor has just announced that they are willing to allow the buyer of this business to absorb an established adjacent $1MM market for a fraction of the normal cost. This opportunity to combine adjacent markets and leverage the manufacturing facility would save $160K and DOUBLE the income potential! This national franchise makes and sells a premium product that is important for good health that has become increasingly important to aging baby-boomers. A product that everyone wants, needs and buys! If you want to own your own business, preferring to purchase something established with a strong foundation, that represents a well-know national brand, would prefer manufacturing, but also recognize the value of control over retail sales, would like a proven "systemized" operation that allows you to delegate day-to-day operations in favor of marketing and strategic planning, want to raise your family outside the hustle and bustle of the Chicago suburbs, but be close enough to the city to enjoy the shopping, sightseeing and culture and want to be in business for yourself, but not by yourself...then you've finally found the right listing!
About the Business
Year Established:1991
Employees:2 full time - 2 part time
Facilities:are located in a standalone building. The 6,700 ft facility consisting of showroom, offices, production area and warehousing. The showroom is trimmed to the latest franchisor specification and customers are serviced with the latest POS software. Located across from a very popular enclosed mall, it has windowed frontage and prominent signage. This is a comfortable and hard to miss location!
Market Outlook and Competition:This business participates in a $8 billion industry which has experienced a record-breaking growth and is poised to continue this trend. It has all the advantages of strong branding...including one of the highest rates of repeat and referral business in the nation. It is repeatedly voted the top brand in established markets throughout the country. When a business owner nears retirement, he often lacks the energy to fully engage in strategic marketing...and often focuses on cost cutting, rather than growth. The store-front can/should be run by trained employees who handle the day to day sales. This frees the owner to focus on marketing, including multi-store ownership and planned strategic growth.
About the Sale
Management Training and Support:Initial training by the franchisor will take place in a local Midwestern retail operation, followed by up to 3wks of on-site training by the seller. Additionally, the franchisor provides ongoing market training, professional sales training and employee training takes place in regional sales meetings and on-line systems.
Reason For Selling:Retirement
Seller Financing:Seller would consider financing a portion of the sale for a qualified buyer.
KEYWORDS: manufacturing, mattress, home, furniture, sleep, bedroom, bed, furnishing, franchise, retail
Sell Your Business | This listing has been viewed 97 times
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Current Search
Industry: Manufacturing
Segment: Furniture Manufacturing Next Listing: Furniture Manufacturer for Hospitality Industry
Last Viewed: Owner Absent Business! New Asking Price $99,000
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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