Flexible & Virtual Offices – Recurring Revenue!
Business Description
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Established Northern New Jersey flexible office and virtual office business with a 30+ year operating history, recurring monthly revenue and turnkey operations. Services include windowed private offices, virtual offices and meeting/conference space.
Recent results reflect ownership shifting its focus and marketing resources to a separate business rather than the workspace operation. With an established recurring client base and available capacity, the business offers a clear opportunity for renewed focus and growth.
Seller financing may be available to qualified buyers. Priced competitively at a reasonable industry multiple.
Established Northern New Jersey flexible office and virtual office business with a 30+ year operating history, recurring monthly revenue and turnkey operations. Services include windowed private offices, virtual offices and meeting/conference space.
Recent results reflect ownership shifting its focus and marketing resources to a separate business rather than the workspace operation. With an established recurring client base and available capacity, the business offers a clear opportunity for renewed focus and growth.
Seller financing may be available to qualified buyers. Priced competitively at a reasonable industry multiple.
About the Business
- Years in Operation
- 32
- Employees
- 3 Part-time
- Facilities & Assets
- Turnkey, fully furnished professional office facility featuring 16 private windowed offices, meeting/conference space and infrastructure supporting virtual office clients. Convenient Northern New Jersey location with access to major transportation and nearby amenities. Furniture, fixtures and equipment are included in the sale.
- Market Outlook / Competition
- The flexible workspace industry serves small businesses, entrepreneurs, remote professionals and companies seeking alternatives to traditional office leases. The business benefits from a long-established local presence and recurring client base, with growth opportunities through increased occupancy and renewed marketing.
- Opportunities for Growth
- Significant growth potential through increased office occupancy, expanded virtual office memberships, renewed digital marketing/SEO, and greater utilization of meeting and conference space. A dedicated owner can refocus marketing efforts on the workspace business and build recurring revenue.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 4,750
About the Sale
- Seller Motivation
- Ownership is focusing on its growing business advisory and consulting practice.
- Transition Support
- Will train for 4 weeks @ $0 cost.
- Financing Options
- $279,200 down/$69,800 over 36 mos. @ 7.50%.
Listing Info
- ID
- 2557568
- Listing Views
Listing ID: 2557568 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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