Description About This Posting: Real Estate Staging Service - Profitable
Profitable upscale Silicon Valley real estate staging company with versatile & fashionable furnishings, & experienced designers & stagers serves the exacting requirements of the most prestigious real estate brokers. Current semi-absentee management; huge potential to quickly double sales & profits.
Real estate staging is the most important factor in effective marketing of upscale homes in the Silicon Valley Metro Area. This well-established, 12-year-old, profitable company is one of the most highly-respected and sought-after interior stagers in this market. Using their versatile and fashionable furnishings, the experienced designers and stagers serve the exacting requirements of the most prestigious real estate brokers.
The market served is the San Francisco Peninsula from the Los Gatos/Saratoga area north to Redwood City, affluent areas with consistently active real estate markets demanding high-end staging.
Annual sales for 2018 were about $225,000, with Seller's Discretionary Earnings ('SDE') of $90,600, with SDE for 2019 estimated to exceed $104,000.
The staff consists of the owner-operator and four part-timers. A very important note: for the last one and a half years, the owner has operated this business on a part-time, semi-absentee basis from her home in another state. With a new full-time owner-operator, engaging in active marketing and managing the business on-site on a day-to-day basis, the growth potential is huge.
The business operates out of a custom-configured office-warehouse complex of 2180 square feet with an assumable lease at a monthly rent of $2,726 in a quiet and clean industrial area of with easy access to major highways.
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 $250,000, plus the time and effort to source and acquire them. Nothing is 'old' or 'tired'; the assets are regularly culled so that only the best is used in staging something very much appreciated and valued by real estate professionals.
The owner is open to an extended training, transition, and consultation period, depending on the needs and wishes of the new owner.
Price & Transaction. The price is $199,900 (subject to negotiation and terms). This price is 2x annual SDE and less than the replacement cost of the tangible assets. It is priced to sell. 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. 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 substantial 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, 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 Real Estate Staging Service - Profitable business for sale in
Santa Clara County please phone Tim Cunha (Intermediary, Broker - BRE License #:01919755) at 650-600-3751 and 844-237-6487 - if you get
voicemail please leave a detailed message - make sure you mention you
saw this posting/ad #254974 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 Service - Profitable, to ask any questions or request an appointment to see this
business for sale, franchise, or opportunity. Thank you.
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