Startup gets bigger to help you downsize

etceteraestatesA Richmond startup has expanded from the home office to a Lakeside storefront.

Darcy Inge and Rebecca Cline this month opened Etcetera Estates, an estate sale consignment store on Lakeside Avenue.

Cline and Inge own the local Caring Transitions, a franchise that carries out estate sales, auctions off belongings online and helps the elderly move to smaller homes.

Etcetera Estates is open six days a month.

Cline said the business needed the extra space after seeing a surge in people moving to Richmond.

“We kept coming across people relocating from other areas,” she said. “Most didn’t have a really clear sense of the size of the space they’re moving to,” she said, adding that when people move to town, they sometimes want to sell some of their extra stuff.

Cline said the company can now hold multiple estate sales in one place and accommodate customers who only have a few items to sell.

The pair started the business out of their homes in 2008 and run it with a staff of seven. About half of the business comes from estate sales and the other half from seniors looking to downsize.

“A lot of times when we’re moving seniors, we’re dealing with someone going from a 2,000-square-foot home to 700- or 900-square-foot home,’ Cline said.

caringtransitionsownersCline said the businesses typically handles two to three estate sales per month.

Last spring, the business had one of its largest estate sales at a five-building compound.

“It was a historic property in Powhatan,” she said. “The original building was used as a hospital during the Civil War.”

Cline said they charge an hourly rate and extra for moving services.

“A move from Florida to Virginia could cost $2,400,” she said. “It’s based on mileage and time.”

For a traditional estate sale, the business takes 30 to 35 percent of the proceeds. Cline said that for the consignment sales, Caring Transitions takes 40 percent of the sale.

“Prices can offset costs of the funeral or settle debts a person left behind,” Cline said. “Or we’ve had an entire estate liquidated for a trust for the grandchildren.”

The pair began looking for a place to expand in June and leased a 2,900-square-feet at 6919 Lakeside Ave. in August. They had their first consignment estate sale last weekend.

Cline said that only one other Caring Transitions franchise in the United States has a consignment location. So far, they’ve had about 15 consignors.

etceteraestatesA Richmond startup has expanded from the home office to a Lakeside storefront.

Darcy Inge and Rebecca Cline this month opened Etcetera Estates, an estate sale consignment store on Lakeside Avenue.

Cline and Inge own the local Caring Transitions, a franchise that carries out estate sales, auctions off belongings online and helps the elderly move to smaller homes.

Etcetera Estates is open six days a month.

Cline said the business needed the extra space after seeing a surge in people moving to Richmond.

“We kept coming across people relocating from other areas,” she said. “Most didn’t have a really clear sense of the size of the space they’re moving to,” she said, adding that when people move to town, they sometimes want to sell some of their extra stuff.

Cline said the company can now hold multiple estate sales in one place and accommodate customers who only have a few items to sell.

The pair started the business out of their homes in 2008 and run it with a staff of seven. About half of the business comes from estate sales and the other half from seniors looking to downsize.

“A lot of times when we’re moving seniors, we’re dealing with someone going from a 2,000-square-foot home to 700- or 900-square-foot home,’ Cline said.

caringtransitionsownersCline said the businesses typically handles two to three estate sales per month.

Last spring, the business had one of its largest estate sales at a five-building compound.

“It was a historic property in Powhatan,” she said. “The original building was used as a hospital during the Civil War.”

Cline said they charge an hourly rate and extra for moving services.

“A move from Florida to Virginia could cost $2,400,” she said. “It’s based on mileage and time.”

For a traditional estate sale, the business takes 30 to 35 percent of the proceeds. Cline said that for the consignment sales, Caring Transitions takes 40 percent of the sale.

“Prices can offset costs of the funeral or settle debts a person left behind,” Cline said. “Or we’ve had an entire estate liquidated for a trust for the grandchildren.”

The pair began looking for a place to expand in June and leased a 2,900-square-feet at 6919 Lakeside Ave. in August. They had their first consignment estate sale last weekend.

Cline said that only one other Caring Transitions franchise in the United States has a consignment location. So far, they’ve had about 15 consignors.

This story is for our paid subscribers only. Please become one of the thousands of BizSense Pro readers today!

Your subscription has expired. Renew now by choosing a subscription below!

For more informaiton, head over to your profile.

Profile


SUBSCRIBE NOW

 — 

 — 

 — 

TERMS OF SERVICE:

ALL MEMBERSHIPS RENEW AUTOMATICALLY. YOU WILL BE CHARGED FOR A 1 YEAR MEMBERSHIP RENEWAL AT THE RATE IN EFFECT AT THAT TIME UNLESS YOU CANCEL YOUR MEMBERSHIP BY LOGGING IN OR BY CONTACTING [email protected].

ALL CHARGES FOR MONTHLY OR ANNUAL MEMBERSHIPS ARE NONREFUNDABLE.

EACH MEMBERSHIP WILL ONLY FUNCTION ON UP TO 3 MACHINES. ACCOUNTS ABUSING THAT LIMIT WILL BE DISCONTINUED.

FOR ASSISTANCE WITH YOUR MEMBERSHIP PLEASE EMAIL [email protected]




Return to Homepage

Subscribe
Notify of
guest

0 Comments
oldest
newest most voted
Inline Feedbacks
View all comments