MANUFACTURER OF NICHE MARKET MATTRESSES
Manufactures mattresses for schools, universities, jails, fire houses, etc.
ABOUT THIS OPPORTUNITY
Company manufactures reconditioned and new mattresses for a niche customer base serving the lower end mattress markets. Products are sold in thrift stores, church stores, non-profit shelters, schools, universities, fire stations, etc. Huge market for this lower end product line. Much of the equipment used to produce the products is state-of-the-art, and debt free. Many of the cross-trained employees have been with the company for over twenty years. Room to expand in current 100,000 square foot facility. Revenues through twelve months ending 2018 were $3,338,674 with an Adjusted EBITDA of $627,362. Revenues for 2017 were $3.9 million with an Adjusted EBITDA of $740,151.