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- RE: Provides Executive Office Spaces
- Contact: Not Disclosed
Quick Facts
Asking Price: | $5,000,000 | |
Annual Revenue: | $7,270,012 | |
Net Profit: | $816,154 | |
Cash Flow: | $816,154 | |
Total Debt: | Not Disclosed | |
FF&E: | $1,080,553 | |
Real Estate: | Not Disclosed | |
Year Established: | 2002 | |
Employees: | 15 | |
BBN Listing #: | 944630 | |
Broker Reference #: | 240409 |
Business Overview:
This is an exciting, successful company that has been in the leasing business for a total of 22 years – with the current owner being there from the beginning. They lease both office and meeting spaces in ten buildings that are in prime locations in three major metropolitan areas. They also lease virtual office space. They have approximately 1,900 clients and an additional 800 virtual clients. Office clients account for approximately 85% of sales with virtual clients accounting for the remaining 15%. Their major goals are to provide exceptional services and spaces to their clients and to provide the maximum flexibility possible in the type of office space offered and in their lease terms. Clients can lease space by the hour, day, week, or month and can enjoy private offices, premium offices, team offices, as well as small and large conference rooms for meetings, training sessions, or seminars. They even offer meeting spaces and lease options specifically tailored for mediators Clients can customize their private offices with a variety of options. They can choose paint colors, have their logo front and center, and decide what furniture they want and where it goes. All Virtual Office Plans and services include mail. Please contact us by using reply to this ad button.
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Property Features and Assets:
10 Properties are leased.
Market Competition and Expansion:
Competition:Approximately 10 competitors in the industry. Number & specific competitors vary depending on location.
Growth & Expansion:5% to 10% growth per year.
Reason for Selling:
Retiring
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
Relevant Links:
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