||Employees||2 full, 4 part
* Included in Asking Price
This is a well-established, profitable home staging company in a booming, high-priced real estate market. Staging is a necessity in the SF Bay Area market as 50% of the homes in SF, San Mateo and Santa Clara counties sell for more than $1M. The sellers have quality furniture and accessories that will stage up to 25 homes at a time. All staging assets are included in the purchase price. That plus the impressive net cash flow makes this an outstanding value. And the sellers have developed a very organized and efficient warehouse system to ensure the new owner will be successful. This company is the preferred stager for many of the local real estate broker's offices (Intero, Coldwell Bankers, etc.). It's a well-run company with clean financial statements. This business is pre-approved for SBA financing.
Facilities: Seller makes cost-effective use a 3,750 sq ft warehouse facility that functions as storage and administrative space.
Employees: There are 2 full-time and 4 part-time employees, plus the owners who carry out sales and management functions. The employees are well trained and experienced. They likely will want to remain under the new ownership.
Competition: There are other providers of similar services in the area but the seller's company stands out with the history and reputation it has built over the years. It comes recommended by realtors and home sellers for the consistent reliable and quality presentations and on time delivery. Name recognition, quality and outstanding customer service differentiates this business from local competition.
Growth and Expansion: In addition to new referrals from realtors who have seen the staged homes and those who have worked with this company, new clients are found through the website. While the sellers have maintained the current level of revenue with some internet marketing, a new owner could step up marketing by advertising in the realtors' association websites and marketing to individual real estate offices.
Support/Training: Seller has the business operations systemized and will provide training, coaching and introductions, as required, in order to assure a smooth, successful transition of operations to a new owner. The ideal buyer has management or marketing experience. Four weeks of training at 20 hours a week is included in the purchase price.
Financing: Seller is willing to provide some financing for a qualified buyer. Plus, this business is pre-approved for SBA financing assuming a buyer is well qualified.
Required Licenses: Business
|Training/Support:||4 Weeks @ 20 hours per week|
|Seller Financing:||Seller is willing to provide some financing for a qualified buyer.|
Seller Reference #OAKLACA001-N170
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