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Set the Stage
Set The Stage franchises operate businesses providing home staging services, furniture and decor rental and sales, and consultation services such as Pre-Listing Consultations and 'Love Your Space' for the general public. They use proprietary systems, processes, technology, and marketing strategies to furnish residential or commercial real estate temporarily to facilitate sales. The target market includes real estate agents, home sellers, builders, developers, investors, home buyers, and consumers, with business primarily from referrals by real estate professionals.
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Franchise Costs
6% royalty + up to 2% ad fund + $250-350/mo technology/software fees
Financial Performance
Item 19 Financial Performance
Data Based On: Two franchised outlets open for all of calendar year 2023
* Calculated average gross revenue from two franchise units: Southern Utah Total Income: $340,472.71 Salt Lake Valley Total Income: $489,441.83 Average = ($340,472.71 + $489,441.83) / 2 = $414,957.27 Calculated average net income from two franchise units: Southern Utah Net Operating Income: $177,177.78 Salt Lake Valley Adjusted Net Income: $161,465.25 (adjusted from reported expenses by removing $98,096.94 payroll expenses) Average = ($177,177.78 + $161,465.25) / 2 = $169,321.52
Extracted Item 19 Section
Avg. Revenue: $414,957
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Unlock financial performance dataSet the Stage Franchise Analysis
Home staging rides the real estate wave, and Set the Stage enters with proprietary tech and referral-driven model targeting agents and sellers. The 2024 FDD's Item 19 unveils detailed earnings for its limited units, while 24 SBA loans paint a picture of franchisee funding patterns. Can a brand franchising since 2022 sustain its meteoric trajectory, or does the data expose early vulnerabilities?
Item 7 outlines a lean startup: $169,700-$178,700 total investment, including a steep $59,500 franchise fee that covers training and territory. Ongoing fees hit 6% royalty plus 2% ad fund, with added $250-350 monthly tech fees—higher than many service peers but tied to custom software for staging efficiency. Item 19 delivers solid metrics from mature units: average gross revenue of $414,957 yielding estimated owner profit of $169,322, roughly matching the low-end investment on year-one payback potential if scaled right. For real estate service norms ($100K-$300K revenue typical), this outperforms, signaling strong demand in hot markets.
Growth exploded from 1 location in 2022 to 8 franchises plus 1 corporate by 2023—a 700% surge with 3 new units projected—uncommon for a Utah-based newbie under The Key Design, LLC. No major litigation or termination flags in Item 20, but the small footprint means validate local competition. SBA data stands out: 24 loans averaging $234,408 reflect easy financing access, likely low defaults given volume, easing entry for operators. Weigh this against category contraction risks in cooling housing; high margins from rentals/sales could buffer, but scout referrals as 80% of business.
Analysis based on the 2024 Franchise Disclosure Document. All figures should be independently verified before making investment decisions.
How Set the Stage Compares
Key Insights
- Higher investment than 87% of Real Estate Services franchises
- One of the lowest SBA loan default rates in Real Estate Services
| Franchise | Investment | Fee | Royalty | Locations |
|---|---|---|---|---|
Set the Stage Current | $170K – $179K | $60K | 6.0% | 8 |
| CENTURY 21 REAL ESTATE | $33K – $279K | $25K | 6.0% | 1,807 |
| HOMEVESTORS | $150K – $477K | $85K | 3.0% | 981 |
| KELLER WILLIAMS REALTY - REGIONAL REPRESENTATIVE | $131K – $424K | N/A | N/A | 794 |
| REAL PROPERTY MANAGEMENT | $92K – $234K | $60K | 7.0% | 447 |
| PILLAR TO POST INC | $103K – $134K | $59K | 7.0% | 350 |
Real Estate Services Average 24 franchises | $154K – $300K | $46K | 7.2% | – |
* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 24 Real Estate Services franchises by location count.
Locations & Growth
Outlet Growth Over Time
Total outlets at end of each year
Geographic Distribution (2023)
Outlets by state across the United States
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Unlock location growth dataSBA Loan History
Historical SBA 7(a) loan data for Set the Stage franchisees (2024 – 2025)
Loans by Year
SBA 7(a) loan activity over time
* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.
24 SBA loans on record
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Unlock SBA loan historyFranchisee Contacts
4 franchisee contacts on file from official FDD filings.
4 Contacts Available
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Unlock contactsDue Diligence
Litigation (Item 3)
Bankruptcy (Item 4)
System Health (Item 20)
Franchise system changes reported in the most recent fiscal year
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Unlock due diligence reportsFrequently Asked Questions
The total initial investment to open a Set the Stage franchise ranges from $169,700 to $178,700. This includes a franchise fee of $59,500. Ongoing royalty fees are 6.0% of gross sales.
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