Established Coworking Franchise in Chicago

Chicago, IL
Cook County

Asking Price: Annual Revenue:
$348,500 $366,760

Services: Business & Office Services

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RE: Established Coworking Franchise in Chicago Broker: Andrew Everett
Owner Financing is Available!
Owner Terms:$288,500.00 Interest:7% Term Months:60 Monthly Payment:$5,712.65

Quick Facts

Asking Price: $348,500
Annual Revenue: $366,760
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $175,000
Real Estate: Not Disclosed
Year Established: 2013
Employees: 1
BBN Listing #: 427064518
Broker Reference #: 10152-467572

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Business Overview:

Exciting opportunity to own a piece of the future workplace for businesses and freelancers alike. This franchise based business is strategically located within one of the biggest business corridors in Chicago, just off multiple major interstate highways. This business provides an opportunity to follow a proven model which allows the business to run semi-absentee. This location offers a business center with flexible options for customers in the form of shared offices, private offices, and conference rooms in a modern and professional setting. In addition to the community membership revenue streams, virtual memberships add an additional form of income to the business.

This business is located in a Class "A" building with many amenities. In addition to private offices, this business center boasts four conference rooms and one day office which is available for current members and guests to rent on an hourly basis.

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Property Features and Assets:

Monthly Rent: $41,367.04 Square Units (Foot, Meter): 14,551 Lease Expiration Date: December 30, 2029, 10:00:00 PM Facilities: 6,610 ft2 original space and 7,941 ft2 newly built out additional space

Market Competition and Expansion:

The high level of customer service and focus on complete client satisfaction are this businesses primary strengths over the competition. This business is locally owned with a strong national presence. They have the support of a large national franchise, and decisions can largely be made locally, quickly, without the need to request approval from a larger corporate entity. They have the ability and latitude to be very flexible to accommodate client needs and requests.

Reason for Selling:


Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is a franchise resale opportunity.

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