508-753-1400
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
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