San Mateo County, CA Furniture and Furnishings Stores For Sale

Persian Rugs Outlet Store
$2,000,000 Cash Flow: $310,000 Seller Financing
Persian Rugs Outlet Store

San Mateo County, CA

Due to my age I need to sell my hand made oriental rugs business which has a high profile. Please google for "Bay Area Rugs Outlet" to find out more. I have about 42,000 sq/foot high quality inventory. I started this business about 7 years ago with no money. My present inventory has about $1.200.000 value... My store rent is $3000 per month but, new owner should move to a larger store because this business is growing fast. I tried to find a younger partner but so far I have not find yet... Partnership with the right person may be an option as well for me. In that case I want to move to a large warehouse and start a rug cleaning and restoration aside my retail business.

Real Estate Home Staging Business-San Francisco
$299,000
Real Estate Home Staging Business-San Francisco

San Mateo County, CA

A high-end real estate home staging service serving the San Francisco and Peninsula markets. It provides real estate agents and home sellers with • Full & Partial Staging • Exterior & Interior Painting • Flooring & Kitchen Surfaces • Lighting & Landscaping • Carpentry, Electrical & Plumbing • Home Cleaning & Window Washing • Relocation Services They offer different styles to suit the property and attract the ideal buyer—from contemporary, to transitional, to modern. This is a specialized business with recurring customers the couple of dozen real estate agents who routinely use their reliable and effective services; 90% of business is from repeat clients. The new owner can greatly increase revenue by expanding marketing beyond word-of-mouth, with active recruitment of more and more real estate professionals. While there is competition, the business is positioned favorable to successfully compete with both smaller and larger firms. Recent Sales History: 2015 $285,000 2016 $356,000 25% increase 2017 expected to exceed 2016 Financial Summary: P&Ls for 2014 (first year, partial), 2015, 2016, and 2017 follow. The owner reports net income of $72,000; but, it is very important to note that the Seller’s Discretionary Earnings (“SDE”) are considerably higher: The buyer should calculate the add-backs for seller benefits from auto expense, meals & entertainment expense, charitable contributions, and non-recurring professional fees. The approximately $243,000 spent on the “supplies & materials” actually is a capital expense that could have been depreciated; the value is still an asset of the business and should be added back. For example, the 2016 SDE would be approximately $158,000. The owner estimates the fair market value of the physical assets (furniture and accessories) to be about $300,000. The business operates with two full-time (including the owner) and one part-time employee. To avoid most payroll and employee insurance costs, the company uses third-party movers on an as-needed basis. The business is housed in a warehouse located in South San Francisco with approx. 4,600 square feet at a monthly rent of $4,700, with several years remaining on the lease. The transaction will be the sale of all the assets of the company, except for accounts receivable, cash on hand, and the leasehold security deposit. This will include name, website, customer database, furniture, fixtures, equipment. The price is set at $299,000—this is approximately 1X the estimated FMV of the physical assets, 3.5X the reported net earnings, 2X the actual SDE, and 85% of gross sales. Note: All data on this business are provided by the Seller for information purposes only, and no representations are made by the Broker as to accuracy. The Broker has made no independent verification of the data contained herein nor of any other data that Broker may provide to the Buyer. The Broker represents the Seller and does NOT represent the Buyer. The Buyer is advised to perform independent due diligence and seek the advice of professionals prior to purchasing the Business.

Real Estate "Staging" Service - Profitable, Respected
$399,000 Cash Flow: $120,000 Seller Financing
Real Estate "Staging" Service - Profitable, Respected

San Mateo County, CA

This long-established, respected real estate home "staging" company enjoys a steady loyal clientele of professional residential sales agents and brokers, throughout the Bay Area. Some of the most successful real estate agents in the country are among their clients. The company maintains an enormous inventory of furniture, artwork, linens, vases, 'chachkas,' and other accessories to "stage" vacant homes listed for sale during the open house and through the listing period. So much inventory it currently fills 20,000 square feet of warehouse space! Plus the contents of the more than 20 homes that are staged at any one time. It can be owner-managed or run on a semi-absentee basis. Key personnel know the business is for sale and are interested in staying for an extended transition period ... and beyond. Under the same owner-management for many years, this turn-key design and staging service is fully-staffed with long-time trained personnel who are all expected to stay at the option of the new owner. The owners are well past retirement age and have decided it's time to spend time with family. Facilities & Lease: The business is in leased warehouse premises in San Mateo, CA (San Mateo County). The current rental is month-to-month and the new owner can consolidate the inventory into a warehouse of approximately 10 15,000 square feet. Location is not important, so the least expensive rental facilities can be utilized. Financial Information: The Seller reports sales of approximately $370,000 per year with a Seller's Discretionary Earnings (SDE/net cash flow) of $120,000. Very detailed financial data will be provided to a serious buyer after meeting with the seller and broker. Training. The seller will provide a reasonable transition period and extensive training for the new owner. And, key personnel are very interested in staying on with a new owner The Transaction: The deal structure will be an asset sale. The owner would agree to stay for a reasonable transition time at buyer's option, and possibly longer on a part-time basis. The asking price is $399,000 including thousands of pieces of inventory; this includes all assets, including the physical assets, trucks, equipment, good will, name, customer records, web domain name, etc., but excluding accounts receivable, accounts payable, and cash on hand. Some seller financing may be available for a qualified buyer. Note: All data on this business are provided by the Seller for information purposes only, and no representations are made by Broker as to accuracy. Broker has made no independent verification of the data contained herein. Buyer is advised to perform its own independent due diligence and seek the advice of professionals prior to purchasing the Business. Monthly Sales Figures and Furniture, Fixtures, & Equipment ('FF&E') list are available upon in-person consultation with the owner & broker. 8/23