Under Contract

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Simple Intuitive Business
Asking Price:
$1,350,000

Gross Revenue:
$318,099
Cash Flow:
$137,284
EBITDA:
$137,284
Inventory:
 Not Disclosed
included in asking price

FF&E:
$100,000
included in asking price

Real Estate:
$1,100,000
included in asking price

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Business Description

* Own Class A Real Estate in the best location in north Colorado Springs
* Generate Revenue from managing the building -- mostly an accounting function
* Generate Revenue from the front desk presence -- you or a person who works for you
* Generate Revenue from Executive Suites tenants -- fully leased
* Generate Revenue from Virtual Office -- great opportunity for growth here
* Generate Revenue from Conference Room -- this expands with Virtual Office
* Absentee ownership realistic

About the Business

Year Established:
2000
Number of Employees:
2
Real Estate:
Owned
Building Sq. Ft.:
6,751
Facilities:
Class A real estate goes with the business and is included in the asking price. The space includes a break room, an internal office for your staff a conference room and 15 windowed with great views, spacious executive suites. Furniture and equipment is included (phones, computers, surveillance equipment, desks, chairs, suite answer system, etc.)
Website:
theofficeclub.com
Market Outlook/
Competition:
There are other executive suites in Colorado Springs, but nothing matches the overall ambiance and location of The Office Club.
Growth & Expansion:
The best growth opportunity is Virtual Office clients. This service is nearly costless and can be expanded with some focus to generate thousands more per month with a fairly small effort. And Virtual Office clients are expanding and coming from all over the Country -- we just haven't focused on it like we could. Great opportunity for increasing profits.
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About the Sale

Reason For Selling:
Owner using proceeds to purchase company for his son.
Training/Support:
We will train you on all the details of the business. Nothing is complex, but each detail will be thoroughly explained to help in the transition.
Seller Financing:
Must have cash at closing. Great 1031 property. No loan on the property.

Listing Info

ID:
1413120
Ad Detail Views:
364

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Business Listed by
Angel

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U.S. Census Data for El Paso County, CO
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Source: Decennial Census (2010), United States Census Bureau.

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U.S. Community Survey Data for El Paso County, CO
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Source: American Community Survey (2010-2014), United States Census Bureau.

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