Status: Active
Posting ID: 279421
6/4/23
$225,000
Asking Price
Description
Based in Alameda County and established in 2000, this home staging business serves home sellers and real estate agents in the San Francisco Bay Area with projects ranging from 2-bedroom bungalows to high-rise condos and 5-bedroom country homes. This is a great opportunity to take over a company with a 5-Star Yelp rating, a sterling reputation, and a lot of inventory and let your creative side earn you a nice income with upside potential!
The business is pre-qualified by a lender for an SBA loan with as little as 5% to 10% down!
The company has a database of 1300+ agents who are emailed on a regular basis, with an open rate of 39%. The gross income for 2022 was $271,000 with 61 installations and 3 contract extensions. There are several repeat clients, but any agent within 40 miles of Alameda is a potential customer.
The business has enough staging assets furniture and accessories to stage more than 20 homes at any one time. The owner estimates the cost of replacing these staging assets would be greater than $250,000.
The business is housed in month-to-month rented premises that the new owner may continue to occupy.
Physical Assets ('Inventory'): All furnishings and fixtures are included. Furniture, artwork, lighting, bedding, and soft goods are estimated at over $250,000 and can be used to stage 20 houses at any given time.
Employees: 1 designer who is able to meet with clients, write up bids, book movers, and head up staging installations from beginning to completion.
Facilities: The business is run from a home office and the warehouse space is rented in Alameda, which is centrally located to complete projects from San Mateo, to Dublin, to Albany, and beyond.
Competition: There are a number of staging companies in the area, but they come and go. This company has a great reputation and has been in business for over 22 years. The pricing is competitive with room for increase.
Growth & Expansion: The last few years have been highly profitable while working part-time and taking 7 weeks of vacation per year. This past year the company hired a designer who can install jobs, go on bids, and write up contracts if the owner is out of town for an extended period of time. You can make money while out of town, but there is also plenty of upside for someone who wants to install more staging projects per year and use more social media.
Support & Training: During the 30-day transition period the owner can work with the buyer on all aspects of the business, including email marketing, writing up contracts/proposals, staging, introduction to movers and designers, and touring of current setups.
Reason for Selling: Retirement
Home-Based: This business is Home-Based
Price & Transaction. The asking price is $225,000 (subject to negotiation, terms, and timing). The business is offered as a sale of all the tangible/physical assets of the company as will be listed in the confidential information memorandum (CIM), plus the intangible property, including the highly-valuable business name, logo, customer data, website, etc. It does not include accounts receivable, cash-on-hand, and facility rent deposits. There is no resale Inventory. The seller will be responsible for all accounts payable and payroll through the date of closing. The current owner is available for a training & transition phase to facilitate a smooth transfer to new ownership on terms to be negotiated.
Exclusive Broker: Tim Cunha, JD - DRE#01919755
Note: All data on this business are provided by the Seller for information purposes only, and 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 and does NOT represent the Buyer. The Buyer is advised to perform independent due diligence and seek the advice of appropriate qualified professionals prior to purchasing the Business.
To get more information about this Established & Profitable Home Staging Business business for sale in San Francisco Bay Area please phone Tim Cunha (Intermediary, Resource, Broker - BRE License #:01919755) at 650-600-3751 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #279421 on BizBen.com. In addition to phoning Tim Cunha, make sure you email Tim Cunha above to get more info about this Established & Profitable Home Staging Business, to ask any questions or request an appointment to see this business for sale. Thank you. License # 01919755. EvergreenGold Business Advisors.
Contact
Details
Asking Price: $225,000
Down: $22,500 SBA
Cash Flow: $108,000
Revenue: $271,000
Area: San Francisco Bay Area
City: None Given
Attributes:
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If your business involves alcoholic beverage sales, we can help. Obtaining a liquor license transfer or selling a business with a license in California does not have to be a frustrating and overwhelming process. We have procured thousands of licenses for our clients.
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I am an experienced entrepreneur, attorney, & business professor. I & my EvergreenGold® team offer business owners sound advice & expertise to build business value & achieve profitable sales. Call me today for a business evaluation & SWOT analysis for your business anywhere in the USA.
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