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For Sale: Real Estate Staging Company - Long Established - San Mateo County, California

$299,900.00

Asking Price

San Mateo County Real Estate Staging Company - Long Established Business For Sale
Real Estate Staging Company - Long Established Company For Sale

Description

Real estate staging company serving the always-booming Silicon Valley market. A great reputation, in business for 17 years, a diverse customer base, and efficient operations. Some seller financing may be available for a qualified buyer.

Existing Stagers — Grow your business “overnight”.

This is a sale of the entire business — name, website, phone number, trucks (optional), and all physical assets. We are particularly looking for existing staging companies that want to expand their market presence and increase their “inventory.”

The asking price is based on a three-year weighted average of gross sales revenue of approximately $499,000 at 60% = $299,900. An existing stager knows the great value of that increased gross volume. And, the value of the "inventory" is well in excess of $400,000.

Real estate staging is the most important factor in the effective marketing of upscale homes in the Silicon Valley Metro Area. Founded in 2007, this well-established, 16-year-old, profitable company is one of the most highly respected& sought-after interior stagers in this market. Using their versatile& fashionable furnishings, the experienced designers and stagers serve the exacting requirements of the most prestigious real estate brokers.

The market served is San Mateo County and surrounding parts of the San Francisco Peninsula — affluent areas with consistently active real estate markets demanding high-end staging.

Typical annual sales range from $500 - $600k, with Seller’s Discretionary Earnings (“SDE”) of well over $100,000 for the owner-operator. (Last year, 2023, was an anomaly due to numerous one-off non-recurring reasons.) The owner provides general management and staff support. While the current owner devotes 30-40 hours per week to the business, it could be operated on a semi-absentee basis.

Sales for 2022 were $584,000.

The business is housed in a warehouse with offices, two restrooms, a kitchen, and a fenced yard. The current lease expires in August of 2024, but there is a three-year renewal option. The rent is $11,880/month.  The seller would work with a prospective buyer to arrange with the landlords for continued occupancy before the buyer becomes committed to a purchase.

The customer base is comprised of real estate agents who engage services directly or refer sellers to the company. They have over 40 active customers, with 20 or more recurring on a frequent basis,& over 100 customers in the database. The company is not dependent on any one broker for any significant part of the revenue.

Opportunities for increased growth would be doing stagings on weekends& hiring a larger crew to meet the demand that is regularly turned away because the company has reached operational capacity.

The physical assets include an extensive inventory of every kind of furniture, furnishing, and accessory imaginable: sofas, chairs, tables, lamps, rugs, beds, mattresses, pillows, linens, paintings, vases, etc., etc. The cost to replace all these items with articles of similar age and condition would easily exceed the asking price for the business, plus the time and effort to source and acquire them. Nothing is “old” or “tired”; the assets are regularly culled so that only quality pieces are used in staging—something very much appreciated and valued by real estate professionals.

The owner is open to a training, transition, and consultation period, depending on the needs and wishes of the new owner. This could be included in the purchase price, depending on the timing& terms to be negotiated.

Price & Transaction. The asking price is $299,900. The seller is open to negotiation depending on timing& terms. Some seller financing may be available for a qualified buyer.

This price is well below the owner’s estimated replacement cost of the tangible assets alone. The business is offered as a sale of all the tangible/physical assets of the company, plus the intangible property, including the highly valuable business name, logo, websites, phone numbers, customer data, etc.; vehicles are subject to negotiation. It does not include accounts receivable, cash on hand, facility rent deposits, and the corporate entity.

The seller will be responsible for all accounts payable through the date of closing. The current owner would be open to a training and transition phase to facilitate a smooth transfer to new ownership.

Note:  All data on this business are provided by the Seller for information purposes only,& no representations are made by the Broker as to accuracy.  The Broker has made no independent verification of the data contained herein. The Broker represents the Seller& does NOT represent the Buyer. The Buyer is advised to perform independent due diligence& seek the advice of appropriate qualified professionals prior to purchasing the Business. 

To get more information about this Real Estate Staging Company - Long Established business for sale in San Mateo County please phone Tim Cunha (Intermediary, Resource, Broker - BRE License #:01919755) at 650-600-3751 and -- - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #283306 on BizBen.com. In addition to phoning Tim Cunha, make sure you email Tim Cunha above to get more info about this Real Estate Staging Company - Long Established, to ask any questions or request an appointment to see this business for sale. Thank you. License # 01919755. EvergreenGold Business Advisors.

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Contact

  1. Name: Tim Cunha
  2. phone iconPhone: 650-600-3751
  3. phone iconPhone: --

Details

  1. Asking Price: $299,900.00

  2. Down: Call/Email

  3. Cash Flow: Call/Email

  4. Revenue:    $550,000.00

  1. Area: San Mateo County

  2. City: None Given

  1. Attributes:

    Broker CooperationSemi-Absentee RunTraining & SupportOwner/Seller Financing

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