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Semi-Absentee Owned Mattress & Furniture Store - Real Estate Included - SC2201

Semi-Absentee Owned Mattress & Furniture Store - Real Estate Included - SC2201

Financial Information
Asking Price: $1,990,000
Cash Flow: $50,000
Gross Revenue: $650,000
Down Payment: $1,990,000

This Northern California based Mattress and Furniture Store is a California Sub-Chapter S Corporation and was established in 2014 and has been under current ownership since early 2024. This company specializes in furniture of all types, anything from reclining sofas and chairs, kitchen and dining room sets, bedroom sets, mattresses, and multifunctional sectional sofas just to name a few items. Whether you are looking to redo your bedroom, kids’ room, kitchen, dining rooms or home office, they have everything you need. They also have area rugs and home décor, as well as outside furniture.

Business Location
City: Northern California
State: California

Reason for Sale
The reason for selling is Seller are looking to pursue other interests.

Detailed information
Year Established: 2014
Home Based: No
Franchise: No
Relocatable: No
Lender Prequalified: No
SBA Prequalified: No
Full-Time Employees: 2
Part-Time Employees: 2
Contractors: N/A
Owner Worked Hours/w: 20
Adjusted EBITDA: $50,000
Inventory Included: Yes
Inventory Value: $125,000
Monthly Rent: N/A
Real Estate Available: Yes
Real Estate Included: Yes
Real Estate Value: $1,700,000
Building Size: 13500
FF&E Included?: Yes
FF&E Value: $10,000

Training/Support
The Seller is willing to provide training for 2 weeks at 20 hours per week. Additional training from the Seller is available beyond what is included in purchase price at mutually agreed to terms between the Buyer and Seller.

Market Outlook/Competition
In North America, the Furniture market recorded a significant revenue of $292.60 Billion in 2024. It is projected to experience steady growth with an annual growth rate of 3.75% (CAGR 2024-2029). Among the various market segments, the largest segment is Living Room Furniture, which accounted for a substantial market volume of $81.35 Billion in 2024.

CA 02100708
NV 1003039

Listed By: Jane Roberto

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Background information

Reference:

SC2201

Year established:

2014

Reason selling:

The reason for selling is Seller are looking to pursue other interests.

Finance

Sales:

$650,000

Profits:

$50,000

Operations

Employees:

Full-Time Employees: 2 Part-Time Employees: 2 Contractors: N/A

Equipment:

FF&E Included?: Yes FF&E Value: $10,000

Inventory:

Inventory Included: Yes Inventory Value: $125,000

Furniture fixtures and equipment:

FF&E Included?: Yes FF&E Value: $10,000

Premises

Facility:

Real Estate Available: Yes Real Estate Included: Yes Real Estate Value: $1,700,000 Building Size: 13500 FF&E Included?: Yes FF&E Value: $10,000

Square footage:

13500

Rent and lease terms:

Monthly Rent: N/A

Location:

Business Location City: Northern California State: California

Opportunities

Growth:

In North America, the Furniture market recorded a significant revenue of $292.60 Billion in 2024. It is projected to experience steady growth with an annual growth rate of 3.75% (CAGR 2024-2029). Among the various market segments, the largest segment is Living Room Furniture, which accounted for a substantial market volume of $81.35 Billion in 2024.

Market:

Price and terms

Price:

$1,990,000

Down payment:

$1,990,000

Financing:

Seller financing is not available at this time.

Training:

The Seller is willing to provide training for 2 weeks at 20 hours per week. Additional training from the Seller is available beyond what is included in purchase price at mutually agreed to terms between the Buyer and Seller.