Co-Working Offices With Real Estate
Not Disclosed, NC Pitt County
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- RE: Co-Working Offices With Real Estate
- Contact: Sean Rollins
Quick Facts
| Asking Price: | $1,195,000 | |
| Annual Revenue: | $117,373 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $97,030 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $65,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2018 | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 939951 | |
| Broker Reference #: | 13485-636941 |
Business Overview:
Own a Vibrant Co-working Hub in a Booming Uptown District!
Turnkey opportunity awaits! This established coworking space offers an estimated $100,000 in owner's discretionary earnings with low-maintenance operations. Real estate included!
Imagine:
- 8% cap rate on a stunningly renovated brick building (circa 1928), a cornerstone of the vibrant uptown district.
- Minimal owner involvement: current owner works up to 10 hours/week with her main responsibilities being managing supplies, cleaning, dealing with tenants, and books and records.
- Thriving community: dedicated desks, private offices, and shared spaces cater to diverse entrepreneurs and freelancers.
- Solid foundation: current owners invested heavily in a high-quality buildout, ensuring a seamless transition.
This is more than just a business; it's a passion project with built-in success. Don't miss your chance to be part of the co-working revolution in a vibrant community!
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Market Competition and Expansion:
Competition:
"The co-working space market was valued at USD 9.1 billion in 2023, and is predicted to reach USD 24.0 billion by 2030, with a CAGAR of 14.9% from 2024 to 2030.
Co-working space represents a dynamic and adaptable solution to the evolving needs of businesses. These shared work environments offer flexibility in lease terms and space requirements, appealing particularly to startups and small enterprises seeking to avoid the upfront costs associated with traditional offices."
Per Nextmsc.com
Expansion: There is room to increase the amount of co-workers. Current owners do not invest heavily in advertising, which could help increase the amount of tenants.
Reason for Selling:
Focusing on other businesses
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more North Carolina businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
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