Seller's Contact Information
- RE: Residential Staging Company
- Contact: Darrell Gustaveson
Quick Facts
| Asking Price: | $1,500,000 | |
| Annual Revenue: | $1,264,644 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $561,495 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $72,910 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2019 | |
| Employees: | 10 | |
| BBN Listing #: | 94184955 | |
| Broker Reference #: | 8304-17614 |
Business Overview:
Company stages residential real estate to enhance sale of home. Company owns adequate inventory to stage over 100 residences at the same time. Despite limited employees, Company can efficiently place four stagings per day.
Firm maintains impeccable inventory organization by room type. A typical stage includes furniture, accessories (place mats, settings and flatware for example), decorative artwork and plants. The room is completely decorated and show worthy!
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Property Features and Assets:
Company leases approximately 5,625 square feet of office and warehouse space. Lease matures 5-31-25. Base rent is $4,635/mo. Additional rent (prorated share of CAM and NNN expenses) is approximately $1,237.50. Facility is centrally located in the Treasure Valley. Assets = $72,910
Market Competition and Expansion:
The company currently competes with three other staging companies. Each is limited by staging inventory and personnel. One is no longer taking new clients, and another hasn't been very active lately. In the last three years, the firm has absorbed failed staging companies, often buying staging inventory at a steep discount to market value. In most metropolitan areas, staging is a standard added sales technique to most residential listings. The market area has been short of inventory for many years. Now that inventory is balancing, staging requests have increased year over year. In addition to the market normalizing towards the industry norm of a higher percentage of SFR using staging service to enhance listings; the company also offers interior design services (particularly for the airbnb industry) and will acquire and resell furniture for clients.
Reason for Selling:
Owner selling to concentrate on other business.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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