Upscale Coworking Shared Office Space Business

Business Overview:

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 40 - 45%, there is plenty of room for significant growth. Owner will subsidize cash flow during buyer's first year of operation.

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.

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Property Features and Assets:

Square Units (Foot, Meter): 25,500

Lease Expiration Date: January 5, 2033, 9:00:00 PM

Terms Options: Two 5-year options

Reason for Selling:

other interests

Additional Details:

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