Listing ID: 69870
Business Overview
Inventory Included | Expanding Service Region | Growing Business Model
For several years this home staging business has been the company that Real Estate agents, Construction companies and event planners have called on when they needed to stage a home for sale or an event. The range of staging levels is endless and can be as extensive as the customer desires. Customers distinguish their home for sale from the competition by having their home “staged” or “window dressed” when they are ready to sell. A professional staging company sees the house as a Buyer will and they set the scene so that Buyers can imagine living there.
This is a major opportunity to own a business and be a part of the explosive growth in Northwest Arkansas. This real estate related company needs an energetic and involved individual. A new owner needs to have skills that include working with the general public and real estate professionals. They need to have an eye for what makes a product sell as well as a basic knowledge of marketing, networking in the region and building a strong repeat client base.
The key selling points of this business are (a) minimal competition, (b) high profit margin, (c) extensive inventory and a built-in network. A new owner will be able to establish their own office hours, work from home if desired and take advantage of the endless opportunities this business has to offer. The potential for growth will be managed and controlled by the new owner. The current owners are ready to retire and want to sell soon!
To learn more contact Carol Gresham or CBI Northwest Arkansas for more information
Financial
- Asking Price: $79,000
- Cash Flow: N/A
- Gross Revenue: N/A
- EBITDA: N/A
- FF&E: N/A
- Inventory: $75,000
- Inventory Included: Yes
- Established: N/A
Retirment
Additional Info
The transaction shall include inventory valued at $75,000, which is included in the listing price.
Why is the Current Owner Selling The Business?
There are all sorts of reasons individuals choose to sell operating businesses. Nonetheless, the real factor vs the one they say to you may be 2 totally different things. For instance, they might say "I have way too many other commitments" or "I am retiring". For lots of sellers, these reasons are valid. But, for some, these may just be justifications to attempt to conceal the reality of altering demographics, increased competitors, current reduction in earnings, or a variety of other reasons. This is why it is very essential that you not rely absolutely on a vendor's word, however rather, make use of the seller's answer combined with your general due diligence. This will paint a more realistic image of the business's present situation.
Existing Debts and Future Obligations
If the current business is in debt, which many companies are, then you will certainly have reason to consider this when valuating/preparing your offer. Numerous companies borrow money with the purpose of covering things such as inventory, payroll, accounts payable, etc. Keep in mind that in some cases this can indicate that revenue margins are too tight. Lots of companies fall into a revolving door of taking loans as a way to pay back other loans. In addition to debts, there may additionally be future obligations to think about. There may be an outstanding lease on equipment or the building where the business resides. The business may have existing contracts with suppliers that must be satisfied or might result in charges if terminated early.
Understanding the Customer Base, Competition and Area Demographics
How do companies in the location draw in brand-new clients? Most times, businesses have repeat customers, which create the core of their day-to-day profits. Certain variables such as new competitors growing up around the area, road construction, and personnel turn over can influence repeat customers and also adversely affect future earnings. One important thing to think about is the placement of the business. Is it in a very trafficked shopping center, or is it concealed from the highway? Obviously, the more individuals that see the business often, the greater the chance to develop a returning customer base. A final idea is the basic area demographics. Is the business placed in a densely inhabited city, or is it situated on the edge of town? How might the neighborhood mean household earnings influence future income prospects?
