Seller's Contact Information
- RE: Co-Working Space - Airport Boulevard
- Contact: Chris Bruner
Quick Facts
Asking Price: | $345,000 | |
Annual Revenue: | $160,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $60,000 | |
Total Debt: | Not Disclosed | |
FF&E: | 25,000 | |
Real Estate: | Not Disclosed | |
Year Established: | Not Disclosed | |
Employees: | Not Disclosed | |
BBN Listing #: | 173855279 | |
Broker Reference #: | 24876-328870 |
Business Overview:
Turnkey co-working office space in South Alabama with great opportunity for a semi-absentee business owner with great tenants in place. This professional co-workspace offers virtual offices (mailing addresses for businesses), 30 private offices with 3 different sizes to choose from, multiple conference rooms, a large board room, and networking space for like-minded entrepreneurs and small business owners. Membership plans are flexible, allowing access to beautiful workspace amenities without the high overhead and long-term cost of typical office leases.
Co-working remains an ideal option in a post-pandemic world to allow many small businesses the flexibility of workspace. The industry has experienced an explosion in growth rate, and is a really strong investment vehicle and the days of working in traditional corporate structures are over for many people in today's mobile work world.
Membership amenities include a fully furnished workspace, all utilities, fiber internet, mail service, fax, print/copy, and access to a shared kitchenette and lounge area.
Seller of the business, also owns the office park, and is seeking to give someone else an opportunity to grow and manage a great stream of cash flow while the Seller can refocus on commercial property development.
The business is one of the first co-working office spaces in the heart of town; established tenants.
Hiring a full-time administrative support to help at the front desk. Starting a local networking group that meets at the office. Establishing a mentoring & consultation program for entrepreneurs.
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Reason for Selling:
Other business focus.
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
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