George & Company

UNDER AGREEMENT - Mattress Manufacturer/Retailer #15684

Massachusetts

Gross Revenue: $2,962,264

Cash Flow: $876,987

Asking Price: $2,900,000

FF&E: $160,000 Included in asking price

Inventory: $125,000 Not included in asking price

Real Estate: $675,000 Not included in asking price


Business Description

 

Your Opportunity to Own a Tremendous Regional Brand!

 

Have you thought about how much money gets lost to the middleman? Whether it's that car you buy, the new drill at the hardware store, or that awesome jacket at your favorite retailer, in the end the one that sold that item to you is NOT the one that manufactured it - THEY'RE THE MIDDLEMAN! And middlemen cost you money, but not here!

 

This is your opportunity to own a tremendous regional brand focused on the manufacturing and sales of comfort sleep accommodations. This is what you call a "direct to consumer" manufacturer that operates several retail centers selling what they produce along with accessories to complement their core products.

 

Absolutely ZERO customer concentration. And best of all, this business has proven to be pandemic proof. 2020 was their best year ever and 2021 is shaping up to surpass it! 

 

Nearly 30% bottom line margins make this an incredible business.



Detailed Information


Location: Massachusetts

Date Established: 1999

Employees: 14

Real Estate: Not included in asking price, factory with retail store plus a separate 1,500 sq. ft. warehouse structure built in 2016 is being sold with the business for an additional $675,000

Furniture, Fixtures, & Equipment (FFE): Included in asking price

Financing:  $200K @ 5% for 5 years 

Support & Training: Seller supports transitional training  to aid in a smooth transition

Reason for Selling: Retirement

Contact: Ron Ekstrom

Contact Phone: 508-753-1400  

Contact Email: info@georgeandco.com  



Looking for More Information?

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