Furniture & Mattress Store
Maine
| Asking Price: | $6,500,000 |
| Established Year: | 2011 |
| Real Estate: | $6,740,000 |
Listing ID: 2051236Listing provided by BizBuySell
BUSINESS DESCRIPTION
High volume home furniture and mattress business, including the real estate, is for sale. Due to its location and its strong reputation this business serves a large segment of the State of Maine all the way up to the Canadian border. The business is known for its quality furniture and mattress line at competitive prices and superior customer service. Unlike other similar furniture stores this business maintained a large inventory thru the covid years and as a result was able to provide customers with pick up their purchases immediately or have them delivered. The business is now exploring ways to increase their sales thru the internet.
DETAILED INFORMATION
Location
Maine
Inventory
Not Included in asking price
Real Estate
Owned
Included in asking price
Building SF
120,000
Employees
24
Facilities
Modern two-story building with a large amount of on-site parking.
Competition
There is some competition in the area, none of which has had any significant impact on this business.
Growth & Expansion
Owner is now exploring ways to expand the business sales through use of the internet.
Support & Training
There are twenty-four fulltime employees and two parttime employees all of whom would like to remain with the business. For health reasons the Owner would like to pass on the responsibilities of the ownership of the business to someone else. Owner is willing to stay behind to assist the buyer in learning all aspect thereof.
Reason for Selling
Health reasons
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