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This is an established coworking and shared-office business with more than ten years of operating history in a fast-growing suburb of the greater Austin, Texas market. It occupies about 5,500 square feet of built-out professional space and earns steady, recurring monthly revenue from a diverse base of members. The business has been profitable and well run for years, and it is offered here as an asset sale.
Revenue comes from a healthy mix of private offices, dedicated desks, virtual mailbox and business-address services, day passes, and meeting-room rentals. The membership is spread across small businesses, remote professionals, and regional and national employers, and retention has been strong throughout the company's history. The largest single member accounts for roughly 12 percent of dedicated recurring revenue, and no other account comes close, so the business does not lean on any one customer.
The operation runs lean. It has been managed on an industry-standard coworking platform since 2016, and today a husband-and-wife ownership team runs it with the help of, at most, a single employee. That efficient model makes it a natural fit for an owner-operator who wants a hands-on business, or for an investor or regional operator who simply installs one on-site manager. Systems, vendor relationships, and daily processes are already in place and documented.
Its position in the local market is unusually strong. There is only one competitor in town and no others within about seven miles, which is rare in coworking. The business also ranks at or near the top of local search results, and that visibility brings in roughly 130 to 150 tours each year with no paid advertising. Long-tenured members and a well-known local name make it hard for newcomers to gain a foothold.
Annual revenue is running near $214,000, and the books are clean and ready for review. One of the offices currently operates as an on-site computer-based testing center that produces about $17,000 a year. Because that agreement does not transfer automatically, a buyer has a real choice: complete a simple operator transfer and keep the testing income, or convert those rooms back to private offices at current market rents, which would bring in even more than the testing revenue.
There is clear room to grow without spending capital. A new owner can fill the desks and offices that sit open today and lock in a full year of committed revenue, reactivate a dormant certification-reseller authorization the business has held since 2016, and expand a proven licensing model that already runs at a second nearby location. A little attention to sales and marketing would turn the existing tour traffic into higher occupancy.
All furniture, fixtures, and equipment convey with the sale, owned free and clear with no liens or financing, at a fair market value near $63,000. This includes workstations, office furniture, conference and audiovisual systems, computers, network and IT infrastructure, security and access-control systems, kitchen and lounge furnishings, and signage.
The current owners are selling in order to focus on their other businesses, and they are open to seller financing for a qualified buyer with a down payment of at least 60 percent. The space is leased, and the landlord has expressed willingness to enter a new lease directly with a qualified buyer. Full financial statements, the member roster, the asset schedule, and a confidential information memorandum are available to serious buyers after a signed non-disclosure agreement.