The business, launched in January 2019, provides virtual staging and renovation photo design services for the real estate industry. It primarily serves real estate agents by enhancing property photos with digital furniture and decor to improve online listings. The company has a high client retention rate and strong potential for growth through untapped markets, advertising, phone support, newsletters, and exploring new market segments. The design team is highly skilled and operates on a no-contract basis, providing flexibility for the new owner.
The business generates revenue by offering two main products: Virtual Restaging for vacant rooms at $40 per photo and Virtual Renovations at $55 per photo, with design team charges ranging accordingly. The fulfillment process involves clients sending photos via email, which are then processed by the design team and returned to clients. The business uses a custom-built website for payments, and there is potential to streamline operations through online platforms.
The owner is selling the business due to time constraints but has set it up for future success. This opportunity is well-suited for someone looking to grow an online venture or add to a portfolio. Assets included in the sale are custom technology, customer databases, domains, marketing materials, social media accounts, vendor contacts, and website files. The business has a social media following and a mailing list, with post-sale support included. A part-time subcontractor currently assists with operations, but this is not essential for the business to function. A new owner can manage the business in 2-3 hours daily.
Flippa’s platform is free for buyers. Here are our tips for first-time buyers:
Before making an offer
1. Look for verified sellers. Sellers should verify their email, phone, and government ID. When a seller has completed all verifications, we identify them with a checkmark like this:
2. Review financials. Financials are seller-provided inputs. Always ask for verified financials. Ask for a tax return or request access to their dashboard. if it’s an ecommerce store get a transaction report.
3. Review traffic. Sellers can grant you access to Google Analytics. Ask for read-only access to verify site traffic.
4. Schedule a call. Communication is key. The best way to find out more is to speak directly with the seller. For your protection, keep all communication within Flippa.
5. Make the offer on Flippa. We’re here to help. Flippa does not charge buyers and by making an offer on Flippa you’ll get access to our post-sales support team.
1. Agreements & Contracts.
Connect with a US-based lawyer or purchase asset-specific template legal documents via Flippa Legal.
2. Conduct Due Diligence.
You can conduct this yourself or use our trusted network of industry-leading due diligence partners. They can provide in-depth analysis, identify hidden risks, and independently assess the value of the business. Learn More