Premium Shared Workspace - Non SBA Eligible

Asking Price$3,650,000

Cash Flow
Not Disclosed

EBITDA$1,300,000

Gross Revenue$2,695,000

InventoryNot Disclosed

FF&E$57,600
Included in asking price
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Premium Shared Workspace - Non SBA Eligible


Asking Price$3,650,000

Cash Flow
Not Disclosed

EBITDA$1,300,000

Gross Revenue$2,695,000

InventoryNot Disclosed

FF&E$57,600
Included in asking price
Business Description
Flexible office space in an upscale, urban area of Houston. Shared private office and coworking spaces offered on a yearly, month-to-month or day pass basis. Memberships are available to meet the varied business needs of clients ranging in size from solopreneurs to Fortune 500 companies. Private offices, conference rooms, and communal workspaces in a modern setting.

Cultivating personal and professional connections for ten years.

Facility details will be provided in the CIM.

SBA lending programs exclude this industry, so alternative financing options would be needed.
About the Business
Number of Employees
5
Facilities & Assets
Owner rents space in multiple office and shopping centers. Occupies less than 51% of space. Ineligible for SBA financing.
Market Outlook / Competition
While other flexible workspace providers exist in the area, our proven history, purpose-driven approach, premium amenities, and prime locations create a compelling choice for workspace seekers.
Opportunities for Growth
~ With fixed costs and available occupancy, a 10-20% increase in occupancy could significantly enhance profitability.
~ Expand the virtual office line item as well as conference room bookings to external guests.
Real Estate
Owned or Leased
Leased
About the Sale
Seller Motivation
Owner has moved out of state
Transition Support
The Seller will provide training to the Buyer after the sale of the business on a schedule agreed to by both parties to ensure a smooth transition.
Financing Options
Industry is not SBA eligible
Listing Info
ID
2408726
Listing Views
72

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Business Listed by: Dan Altom Sunbelt Business Brokers of Houston

Listing ID: 2408726 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.