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Sorren Benchmark Report

Sagebrush Property Partners

Central Point, OR · NAICS 531210 Offices of Real Estate Agents and Brokers

Tax year 2026
Prepared by Nina Rosenthal
Medford, OR office
Section 1

Executive Summary

Sagebrush Property Partners generated $5,701,000 of revenue in 2026 with 25 employees, producing an EBITDA margin of 13.3% against a peer median of 9.8%. Compared with 141 similar businesses, performance is strongest in growth and warrants examination in asset efficiency. Total benchmark variance across all categories is $13K.

Section 2

Company Snapshot

Revenue
$5.70M
Employees
25
Entity type
Sole Proprietorship
Years in business
31
Gross margin
52.5%
EBITDA margin
13.3%
Net margin
9.3%
Effective tax rate
19.7%
Section 3

Peer Group Definition

141 businessesNAICS 531210 — Offices of Real Estate Agents and BrokersORRevenue $2.9M–$9.1M12–35 employeesTax year 2026

Comparison sample size 141; NAICS 531210; revenue range $2.90M$9.10M; geographic filter OR. Data availability for this client: 98% coverage across tax return, financial statements, payroll and employee records.

Section 4

Financial Performance

Line item (% revenue)CompanyPeer medianTop 25%
Revenue100.0%100.0%100.0%
Cost of Goods Sold47.5%49.4%44.0%
Gross Profit52.5%50.6%56.0%
Payroll18.0%18.0%16.4%
Benefits1.7%1.6%1.4%
Occupancy3.8%4.9%4.3%
Marketing6.8%6.2%6.9%
Insurance0.9%0.9%0.8%
Professional Fees1.6%1.5%1.3%
Administrative & Other4.2%4.8%4.2%
EBITDA13.3%9.8%15.2%
Depreciation0.9%0.8%0.7%
Interest0.9%0.9%0.8%
Net Income9.3%6.3%10.9%
Section 5

Profitability and Operational Efficiency

Growth
93rd
Profitability
62nd
Labor Efficiency
57th
Operating Efficiency
73rd
Liquidity
41st
Leverage
61st
Tax Efficiency
50th
Asset Efficiency
41st
Section 6

Balance Sheet

Current Ratio
2.41
median 2.45
Quick Ratio
2.41
median 2.45
Debt / EBITDA
0.94
median 1.34
Debt / Equity
1.50
median 1.84
Days Sales Outstanding
19.73
median 18.08
Asset Turnover
3.83
median 3.96
Section 7

Tax Overview

Federal tax
$101,082
State tax
$28,510
Effective rate
19.7%
Section 179
$46,168
Owner compensation
$461,081
Owner distributions
$259,559
Retirement
$45,287
Capital expenditures
$105,627
Section 8

Industry Trends

YearRevenueGrowthGrossEBITDAPayroll %
2022$4.24M+4.9%50.5%12.1%18.8%
2023$4.44M+4.8%50.2%12.0%18.7%
2024$4.82M+8.3%51.0%12.4%19.0%
2025$5.25M+9.1%52.5%13.3%19.7%
2026$5.70M+8.6%52.5%13.3%19.7%
Section 9

Opportunities for Discussion

  • Working Capital Position. Current ratio of 2.41 compares with an industry median of 2.45. How much liquidity headroom does the business need through its cycle?Benchmark variance $12K
  • Owner Compensation Structure. Owner compensation represents 8.1% of revenue compared with a 8.1% median for comparable entities. Should compensation strategy be reviewed with the tax team?Benchmark variance $1K
  • Payroll Efficiency. Total labor cost represents 19.7% of revenue against a peer median of 19.7%. Is the staffing model carrying capacity for growth, or absorbing margin?
  • Gross Margin Variance. Gross margin of 52.5% compares with a peer median of 50.6%. Where are direct costs and pricing diverging from comparable businesses?
  • Operating Expense Load. Operating expenses run 39.2% of revenue versus a peer median of 40.5%. Which expense categories account for the difference?
  • Revenue per Employee. Revenue per employee of $228K compares with a peer median of $222K. Is productivity constrained by capacity, mix, or pricing?
  • Leverage Profile. Debt to EBITDA of 0.94x compares with a peer median of 1.34x. Does the capital structure match the asset base and cash cycle?
Section 10

Advisor Notes

Section 11

Methodology

Sorren Benchmark aggregates anonymized financial, tax, payroll and operational data across 60,000 businesses. Peer statistics report count, mean, median, 10th, 25th, 75th and 90th percentiles and standard deviation. Comparisons use normalized ratios rather than raw dollars. Statistics are released only where a cohort contains at least 10 businesses, and individual peer companies are never displayed. Benchmark variance expresses the mathematical difference between this company and its peer median; it is not a projection of savings, nor tax or investment advice.