BUSINESS FOR SALE: Packaged Office

Burnaby, BC

Excellent location (near Skytrain) in high quality building

Independent business (not a franchise or license)

57 Offices for 2-6 people each (plus 3 new offices being added this summer)

Additional revenue from services, meeting room rentals, identity packages, telephone services, and mail handling

3 fully equipped kitchens

80%+ occupancy rate currently (with additional new tenants coming onboard shortly)

Tenants: Professional service providers and entrepreneurs (including a large proportion of mental health professionals)

Simple business to operate (extensive training given to new owner)

* Owner manages the business and has one part-time staff person

REVENUE
$890,000

CASH FLOW
$180,000

Asking Price: $625,000 CAD

Seller may consider financing a small portion of the purchase price for well-qualified buyers.

* Includes all furniture, fixtures, equipment, and other assets (real estate not included)

* Business will retain all pre-paid rents and tenant security deposits
* Buyer will reimburse Seller for pre-paid head lease security deposit

Highlights:
* 15+ Years in Business
* Excellent tenants
* Good head lease terms (9+ years remaining)
* Clean and quiet professional space
* Convenient location
* No major capital expenditures required
* Solid gross margins
* Excellent growth potential

Serious inquiries only | Signed NDA required