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A very successful real estate home staging company for sale in Santa Clara county. Great reputation,in business for seven years, diverse customer base, efficient operations, growing year-over-year sales & profits, established diverse RE professional client base. The asking price is $979,000; some seller financing may be possible to a qualified buyer.
They offer contemporary, modern, on-trend, and custom design home staging in addition to complete in-home design services and they have many year-after-year loyal recurring professional customers.
Staging of homes for sale is critical to effectively marketing the expensive homes of the Silicon Valley Metro Area, one of the hottest and fastest-growing real estate markets in the world. In business for over seven years, this very successful home-staging service is one of the largest in the market and enjoys very loyal professional real estate clients, including many of the area’s top-1%-producing agents. They offer a vast array of versatile, up-to-date, stylish, contemporary, modern, and “trending” furniture and accessories for their experienced designers and stagers to impressively decorate and stage the finest of homes.
The company enjoys a great reputation with successful home sellers and real estate professionals. They have a full 5-star review rating on Yelp. The stylish and up-to-date website reflects the character of the business and experiences great traffic and an extraordinary 90%+ conversion rate on the “quotes request” form.
Sales (gross revenue) over the past three years: 2019 — $1,110,100; 2018 — $750,750; 2017 — $451,400.
Seller’s Discretionary Earnings (“SDE”): 2019 — $403,400; 2018 — $315,900; 2017 — $296,700.
Complete financial records for the past three years and for 2020 to-date will be available to a serious prospective buyer upon signing the NDA.
The business is housed in a 7,700 sq ft warehouse with active security cameras. The current lease ends June 2021, and this year is $6,500 per month. A prospective buyer would either decide to move the business at the end of the lease or arrange with the landlord for continued occupancy on terms acceptable to the purchase before becoming committed to a purchase of the business.
The customer base includes homeowners who contract directly with the business, but the bulk of the customer base is comprised of several dozen top-tier real estate agents who engage services directly or refer sellers to the company. This ensures continuing and repeat business year-after-year. The company is not dependent on any single agent for any significant part of the business.
Opportunities for increased growth and/or additional steams of revenue include online furniture and accessories sales and consulting and design/decorating services for home buyers and others; affiliate referral arrangements with the services ancillary to staging—florists, photography, videography, landscape prep, house and window cleaning, interior/exterior painting, “handyman” services; additional marketing to a broader range of real estate agents by supporting their agent “caravan” tours and virtual open houses of the staged properties.
Staff: Typically, the company has a crew of full-time & part-time employees (6-8, including the owner) depending on demand. Complete details will be in the CBR, upon signing the NDA.
Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness.