Rapidly Growing Home Staging Service
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Listing No.: 106-20249
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Category: Service
| Asking Price | $895,000 |
| Down Payment | $700,000 |
| Gross Revenue | $661,384 |
| Total Adjusted Net Income | $292,522 |
| Equipment/Fixtures | $140,000 |
| Year Established | 2019 |
| General Location | San Diego |
This rapidly growing staging company currently has the capacity to have over 60 home stages going at any given time, and is experiencing a run rate of over $100k/month in gross revenue as we near the conclusion of 2020. According to the Seller, the business is poised for significant growth after they added some key team members recently to assist with design and office management, to help enable a smooth transition and make this a truly turn-key operation. Asking price includes all of the staging furniture, mostly purchased just last year for over $500,000 as well an impressive list of newer delivery vehicles including 2 branded Sprinter Vans! The Company utilizes an impressive inventory management system that enables designers to select furniture pieces remotely based upon availability and closely track every job. Their estimating process is also semi-automated and captures impressive profit margins while maintaining competitive pricing within the industry. This is the opportunity you have been waiting for!
| Gross Revenue | $661,384 | Listed Price | $895,000 |
| Total Income | $292,522 | Down Payment | $700,000 |
| Base Rent | $6,276 | Square Feet | 5230 ft2 |
| Total Rent | $6,516 | Lease Description | Lease ends 12/2023 |
| Rent Deposit | $6,858 | Lease Options |
| Inventory | $480,000 | Leashold Improvements | $ |
| Equipment/Fixtures | $140,000 | Other Assets |
| Full-Time Employees | 7 | Training Period | 2 Weeks |
| Part-Time Employees | 2 | Special License Required | |
| Contract Staff | Reason for Selling | More Time with Family |
The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.
FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.