Premium Coworking Location For Sale

Asking Price$194,500

Cash Flow
Not Disclosed

EBITDA

Gross Revenue$714,580

InventoryNot Disclosed

FF&E$88,000
Included in asking price
Save1/2

Premium Coworking Location For Sale


Asking Price$194,500

Cash Flow
Not Disclosed

EBITDA

Gross Revenue$714,580

InventoryNot Disclosed

FF&E$88,000
Included in asking price

Seller Financing Available
Business Description
Established Franchise Opportunity
The business is very well established and has built a strong reputation, resulting in a high level of repeat business year after year. Many previous clients continue to return for additional services as their business needs evolve and grow. A large portion of our existing office clients have remained with us for several years, creating a strong sense of client “stickiness” and long-term stability. Our conference room clients also include many repeat customers, demonstrating consistent demand for our services.

The current owner and existing business center manager are highly experienced and well seasoned in the industry. The established brand presence has been a valuable asset, particularly when businesses from other markets seek to expand into the local area. In addition, we have developed strong relationships with numerous office brokers, which has helped generate a steady and growing flow of qualified leads over time.

Building management has invested in multiple upgrades over the years to remain competitive within the local market. They have also been easy to work with and highly supportive in accommodating the needs of both our office and the members we serve.

I believe that a new owner who dedicates time and energy toward promoting the business and marketing its services to the right target groups will find tremendous upside potential. The opportunity for future income growth is substantial.

Overall revenue has increased steadily since the post-COVID office expansion, and I expect the client base to continue growing incrementally over time, creating an even stronger and more stable foundation for the future.

Demand for private offices, flexible workspace solutions, and services that support remote workers and entrepreneurs continues to rise, positioning the business for continued long-term growth.
About the Business
Years in Operation
13
Employees
1 Full-time
Franchise
This business is an established franchise
Facilities & Assets
Furnishings included in the sale include desks, chairs, conference room & training tables, technology (IT switches, UPS, patch panels wireless access points, card readers, phones, TV monitors), office & kitchen supplies, refrigerators, printers, expansion mailbox chassis, artwork and cabinets.
The sale also includes seasoned business center manager, 87 Google Reviews of the business, owner has 13 years of knowledge and experience of which to access and tap into as well.
Market Outlook / Competition
The demand for office space (and virtual offices) has been constant over the years. With our proximity to O'Hare International Airport, the demand for conference rooms has been excellent, and the ability to tap into that market can provide a huge amount of upside revenue potential.
There is market competition for offices in the area, primarily from one large national vendor. We have many members that have looked for an alternative through us as they have experienced significant increases from that particular competitor.
Opportunities for Growth
The growth for conference room business has the biggest upside for the business. I foresee converting private offices to small conference rooms as demand warrants to maximize overall revenue.
Adding additional offices is a future possibility as well. A consolidation of the two separate suites leased by the brand into one suite would provide some financial and management benefit.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
14,560
Rent
$42,529.00 per month
Lease Expiration
12/31/2029
About the Sale
Seller Motivation
I want to focus on other business pursuits that limited time to focus on this bu
Listing Info
ID
2503169
Listing Views
67

Contact Seller

By clicking the button, you agree to BizQuest's Terms of Use and Privacy Notice.

Business Listed by: Evan Opel

Listing ID: 2503169 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.