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- RE: New Price For Industry Leading Co-Working Space
- Contact: Mario Mireles
Quick Facts
Asking Price: | $1,200,000 | |
Annual Revenue: | $221,048 | |
Net Profit: | Not Disclosed | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | 733,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2021 | |
Employees: | 2 | |
BBN Listing #: | 824956513 | |
Broker Reference #: | 98126-806814 |
Business Overview:
PRICE REDUCED!
This is an established co-working space Franchise Resale with brand new furniture, equipment, and build out. This turnkey, ready day-one business has launched in the past 16 months with existing clients and contracts in a highly desirable location in the heart of Atlanta Buckhead Business and Retail District. This innovative hospitality-based franchise business is a premier provider of a membership-based flexible workspace with an inspiring, diverse, and collaborative community. It is much more than just shared office space. It is a place where businesses launch, develop, and achieve success.
The co-working space business model Is simple and based on recurring revenue and several income streams including membership, virtual office, office space rental, event space rental, and additional services. This hospitality business can be operated with only 2-4 employees and be semi-absentee owned and operated. A welcome addition to a real estate portfolio with annual leases and low turnover trends.
There are over 200 desks ready for rent including professional office spaces that feature a modern design and boutique concierge-style services, allowing entrepreneurs and businesses the flexibility to grow in a diverse, engaged community.
This $3 million, 30,000 square foot buildout in a Class A Office includes all furniture, equipment, and state-of-the-art technology to operate the business, including premium furniture, conference rooms and event space, and fully equipped meeting rooms.
*Must be able to meet Franchise and Landlord Requirements.
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Property Features and Assets:
Facilities: Class A commercial High Rise building Established, contemporary, upscale, co-working collaborative workspace located in a vibrant central business district populated by Fortune 500 companies, nationally recognized retail shopping district, and flagship hotels and restaurants. The workspace offers fully furnished, shared, or dedicated desks, private offices, virtual offices, team space, conference rooms and for lease event space. Dedicated full time desk concierge and comfortable, inviting common areas.
Market Competition and Expansion:
Be part of the revolution. By 2030, The Bureau of Labor Statistics in the United States estimates 80 million Americans will be freelancers, temps, independent contractors or entrepreneurs, making up a full 40% of the workforce. In addition, the Atlanta Region will add 2 million more resident by 2050 with a large amount of business in the Professional,/Scientific/Technical Service sector. The demand for co-working space will continue to increase.
Reason for Selling:
Pursuing other opportunities
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
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