Seller's Contact Information
- RE: Established Coworking Franchise In Chicago
- Contact: Andrew Everett
Quick Facts
| Asking Price: | $273,500 | |
| 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 |
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.
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.
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:
Relocation
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is a franchise resale opportunity
Relevant Links:
Here are some of the similar listings you can choose from
Asking Price: Not DisclosedUniforms Distribution Business for sale
This Miami established company has been in the school/hospitals/other uniforms and workwear distribution business for 33 years. It markets over 10,000 Skus. It operates from a rented store centrally located in Miami where merchandise is also sold on a retail basis. 2023 sales amounted to $ 602,000 including Online sales of $ 242,000, Gross margin is 55% and SDE is 18%. Asking price $ 350,000 plus inventory.
