Staging Company for Realtors in the DMV

Description

Established real estate staging company for sale serving the Washington, D.C., Maryland and Virginia market.

The business was founded in 2009 and has built its customer base through referrals, repeat business, direct mail, Facebook and ongoing email marketing.

The company maintains a database of approximately 5,000 past customers and referral sources and uses Mailchimp for regular outreach.

Staffing and operations

• Owner involved in the business
• Administrative support
• One salaried stager and salesperson
• One independent mover and delivery contractor
• Warehouse space used for staging inventory

The stager and salesperson is paid approximately $40,000 to $60,000 per year plus commission.

The moving and delivery contractor is paid approximately $40 per hour and uses his own day laborer when needed.

The buyer will need to replace a key employee who currently handles estimates and proposals, as that person is not expected to remain after the sale.

Facility

• Approximately 3,000 sq. ft. of warehouse space
• Monthly rent: approximately $2,600 plus utilities
• Lease renews annually

The owner is selling to pursue other interests.

Buyers should verify historical financials, customer concentration, staging inventory ownership and value, warehouse lease terms, employee compensation, commission arrangements, contractor classification, customer database transfer, Mailchimp and social media accounts, referral relationships and the transition plan for the employee currently responsible for estimates and proposals during due diligence.