Thursday, October 13, 2011

NW Retail ... - Midwest Business Listings Powered By Sunbelt Midwest

NW Retail Mattress Store / Showroom / RE

Business Description:

30 yr old, family run business. Well established, profitable, retail mattress store offering several varieties of name brand mattress sets and bedding accessories. The owners of this business have been in the mattress industry for over 30 yrs. They moved their family and the company from Illinois to Minnesota in 1994 and built the facility in 1995. The building is also available for sale. The square footage is 8,588 plus 3,456 sq ft of mezzanine area. There are 3 drive-in doors with 1 dock door. This location is highly visible with over 30,000 vehicles that pass by daily on a busy, popular highway. The owners are motivated to sell as they would like to retire and eventually move out of state. They are able to assist a new owner with a negotiated transition period and will also finance a portion of the business sale to a qualified buyer. Please contact Deborah Waldvogel at 612-408-0451 for further information on this profitable business opportunity and real estate investment.

Industry: Retail ?
Location: Minnesota
Annual Revenue: $617,061 ?
Listing Price: $175,000 ?
Annual SDE (Cash Flow): $92,408 ?
Real Estate included: Yes Real Estate list price is: $999,000?
Listing Agent: Debbie Waldvogel ?
FF & E: $15,000 ?
Inventory included in sale: no Inventory Value: $40,000?
Established in 1981 ?
Is this a franchise: No ?
Reason for selling: Retirement ?
Seller Financing Available: Yes

Source: http://www.midwestbizlistings.com/business-for-sale-listings/minnesota-businesses-for-sale/nw-retail-mattress-store-showroom-re-3-997/

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