Packaged Office Space

Metro Vancouver, British Columbia


Asking Price: Annual Revenue:
$808,000 $878,000

Commercial Real Estate: Office Space, Office Parks


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RE: Packaged Office Space Broker: Pino Bacinello

Quick Facts

Asking Price: $808,000
Annual Revenue: $878,000
Net Profit: Not Disclosed
Cash Flow: $200,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Over 10 years
Employees: Not Disclosed
BBN Listing #: 478812151
Broker Reference #: VANCOBC002-N521

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Business Overview:

This is an opportunity to acquire the majority shareholder equity of a high-quality packaged office and virtual office provider, located in a highly visible tower in Metro Vancouver. Catering to loyal and local clientele including accountants, lawyers, counsellors, nonprofit organizations, small businesses, and trades, the business provides excellent value for money on full-time packaged office rentals, hourly meeting rooms, secretarial and administrative assistance, and technological business support.

Additional revenue streams include virtual office plans, which provide mail handling and a business address for start-up and small business practices, as well as telephone answering, and inside sales, along with access to preferred rates on the meeting rooms.

Any buyer would not need to be actively involved, as there is a strong team of staff already in place, and a General Manager / minority shareholder who wishes to stay with the business.

Asking Price (100% Equity): $808,000

Type of Sale: Share Sale

Inclusions in Asking Price: Operational Balance Sheet Inclusive of Furniture, Fixtures, and Equipment; Goodwill; and Normal Net Working Capital of $103,000

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.

Market Competition and Expansion:

Growth opportunities and expansion potential available in a Confidential Information Memorandum, please contact us for more information.

Reason for Selling:

Pursuing Other Interests.

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 not a franchise resale opportunity.

Documents:

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