Successful Home Staging Business For Sale
Great Cash Flow Business
Middlesex County, Massachusetts
Listing Number: 1582
Asking Price: $495,000
(includes $400,000 of FF&E, inventory and owner's assistance for three months)
Gross Revenues: $440,000
Cash Flow: $145,000
A well-respected and successful home staging business in Eastern Massachusetts is available for sale! This is a fantastic opportunity for a buyer in the real estate industry, or one with an eye for design, to take over an in-demand business with several opportunities for growth. The Boston real estate market is booming, and the company is approached to do more work than they can currently accommodate – meaning tons of potential for growth!
The National Association of Realtors commissioned a 2017 survey that examined the impact of home staging on sales. Among the findings: Seventy-seven percent of buyers’ agents said staging a home made it easier for a buyer to visualize the property as a future home. When staging a home, an estimated twenty-nine percent of sellers’ agents reported an increase of one percent to five percent of the dollar value offered by buyers, in comparison to similar homes. Thirty-nine percent of sellers’ agents stated that staging a home greatly decreases the amount of time the home is on the market.
This business includes two vehicles for delivery as well as approximately $400,000 of curated furnishings and decor, including artwork, rugs and textiles. The owner will provide ample training and transition assistance for a new buyer.
Growth & Expansion: With the addition of another salesperson/designer, as well as more vehicles, the company could take on many more projects. There is a lead time of several weeks and therefore they turn away viable business based on company resources. More marketing efforts would also lead to increases in client inquiries and sales.
Employees: 6 Ft
Financing: Seller may offer financing with 50% down payment from a qualified buyer.
Support & Training: The owner will provide ample training and transition assistance for a new buyer.
Reason Selling: Owner wishes to retire from the home staging business