Upscale Coworking Shared Office Space Business in Thriving Area

Asking Price$775,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue$805,000

InventoryNot Disclosed

FF&ENot Disclosed

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Upscale Coworking Shared Office Space Business in Thriving Area


Asking Price$775,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue$805,000

InventoryNot Disclosed

FF&ENot Disclosed


Seller Financing Available
Business Description
Revolutionary Designed Co-Working Office Space
Revolutionary designed co-working office space, work space, and meeting rooms for innovative professionals and entrepreneurs...in a prime DC-area location. One of the first franchise concepts in the co-working industry. This can be an absentee ownership for someone looking to add to their portfolio, and business can be run with just 2 employees.

Our location opened about 3 years ago and ownership spared no expense in building out a modern, top-notch facility. Lawyers, financial advisors, accountants, small defense contractors, startup and small tech companies, entrepreneurs, and remote workers are among the clients who are taking advantage of membership-based office space instead of expensive/restrictive long-term leases. The business also enjoys revenues from events and conference rentals.

Business has been growing steadily, and since current capacity is at about 50%, there is plenty of room for significant growth. Owner will provide training and transition services to ensure a smoot turnover. Buyer will also benefit from world-class training and support from the leading franchisor in the industry.
About the Business
Years in Operation
4
Employees
2
Franchise
This business is an established franchise
Facilities & Assets
Lease Terms Options: Two 5-year options
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
25,500
Lease Expiration
1/5/2033
About the Sale
Seller Motivation
job focus on west coast
Transition Support
Number of Weeks Seller Will Offer Training: 4
Financing Options
Owner Terms:$300,000.00 Interest:5% Term Months:12
Listing Info
ID
2174016
Listing Views
2885

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Business Listed by: Mike Hadad Transworld Business Advisors

Listing ID: 2174016 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.