November 21, 2009
 
 
Furniture Leasing Service  •  $295,000

Location: SF Bay Area
Seller: Steve Zimmerman
Phone: 408-342-3093
 
 
About This Business
BizBen Ad #: 138971
Status: In Contract
Start Date: 10/22/09
Last Revised: 12/31/69
Location: SF Bay Area
County: San Mateo
City: Not Provided
Contact Information
Seller or Contact: Steve Zimmerman
Primary Phone: 408-342-3093
Alternate Phone: Not Provided
Email: zimmerman@interocommercial.com
 
 
Financial Information
Asking Price: $295,000
Down Payment: Call/Email
Annual Cash Flow: $77,329
Annual Revenue: $154,734
Detailed Information
Franchise: No
Relocatable: Yes
Home Based: No
Real Estate Included: No
Broker To Broker Cooperation: Yes
 
 
Business Summary
This Is An Excellent Opportunity To Acquire A Growing Furniture Leasing Business Serving Upscale San Francisco Peninsula Communities. The Business Rents Furniture To Staging Professionals And Real Estate Agents For Use In The Residential Real Estate Market.

This Simple Concept Allows Sellers To Show Their Home To Prospective Buyers As An Attractively Furnished Package. Market Research Shows That Staging A Home Provides The Seller With A Higher Success Rate Than An Unfurnished Home. Consequently, Staging Continues To Be The Most Creative Way To Sell A Home, Whether Vacant Or Partially Furnished.

The Business Offers Three Lines Of Furniture Product: Transitional, Contemporary And High-End Traditional. These Varied Styles Address The Needs Of Most Home Decors In The Bay Area. The Company Has Enough Furniture In Stock To Stage Approximately Thirty Average Size Homes, At Any Given Time, Which Could Range From 1,200 Square Feet Up To 2,500 Square Feet. There Are Typically Eighteen To Twenty-Five Homes Staged At Any One Given Time. Furniture Is Leased On A Per Piece Basis For A Minimum Duration Of One Month. In Addition To The Furniture Inventory The Business Owns A 2000 Isuzu Box Truck Used For Deliveries, And An Extensive Rack System To Better Organize The Inventory, In Turn, Keeping The Furniture Protected From Minor And Major Damage.

The Business Has Prospered Exclusively Through Referrals And Internal Networking. However, A Full Time, Dedicated Owner Who Will Direct An Outbound Marketing Program, As Well As Implement A Website To Display Products And Systems To Manage Orders And Inventory, Would Help Take The Business To The Next Level.

The Owner Is Selling The Business In Order To Dedicate More Time To Family. They Are Willing To Stay On To Ensure A Smooth Transition To The Right Buyer.

***price Includes More Than 150K Inventory, Half Of Which Was Purchased Within The Last 12 Months***

Office Id Ibb131.