American Freight Furniture & Mattress, frequently called American Freight, was founded in Lima, Ohio, by current CEO Steve Belford.
The company operates a chain of 95 discount furniture and mattress stores in 18 states. There are no fancy showrooms, just warehouses full of new furniture at discount prices.
Customers have a wide variety of name brands to choose from without having to pay for a fancy showroom, which makes for lower prices.
In late 2014, the company was acquired by Resolute Fund III, a private equity company managed by Jordan Company III. The terms of the sale were not disclosed. Belford and most of the staff will remain in their positions. Jordan Company states that they hope to expand the company into all 50 states within 10 years.
In 2022, American Freight opened multiple locations in several states, including Minnesota, New York, Missouri, and Virginia.
At present time, company headquarters remain in Delaware, Ohio.
American Freight Furniture & Mattress, frequently called American Freight, was founded in Lima, Ohio, by current CEO Steve Belford.
The company operates a chain of 95 discount furniture and mattress stores in 18 states. There are no fancy showrooms, just warehouses full of new furniture at discount prices.
History
Customers have a wide variety of name brands to choose from without having to pay for a fancy showroom, which makes for lower prices.
In late 2014, the company was acquired by Resolute Fund III, a private equity company managed by Jordan Company III. The terms of the sale were not disclosed. Belford and most of the staff will remain in their positions. Jordan Company states that they hope to expand the company into all 50 states within 10 years.
In 2022, American Freight opened multiple locations in several states, including Minnesota, New York, Missouri, and Virginia.
At present time, company headquarters remain in Delaware, Ohio.