Well-Known Shared Workspace Business

Not Disclosed, FL
Broward County

Broward County


Asking Price: Annual Revenue:
$1,400,000 $645,087

Services: Business & Office Services


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RE: Well-Known Shared Workspace Business Broker: Randy Bring
Owner Financing is Available!
SBA= $1,244,400 @ 6% for 120 mos= $13,815/mo.

Quick Facts

Asking Price: $1,400,000
Annual Revenue: $645,087
Net Profit: $268,386
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $1,050,000
Real Estate: Not Disclosed
Year Established: 2011
Employees: Not Disclosed
BBN Listing #: 7666630
Broker Reference #: 0101864628

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Business Overview:

This well-know shared workspace business has been a success since launched 10 years ago. Lender pre-qualified with 15% down. Business leases 10,000+ SF of prime retail space which is divided into 50+ fully built out business suites. Sublessees sign 1–3-year leases & operate their own enterprise while given 24/7 access to their business & freedom to customize their suite to their taste. Historic occupancy has been 90%-100%, owner sometimes works on a wait list. This shared contemporary workspace concept offers entrepreneurs the chance to “be their own boss” without the initial buildout investment & typical overhead (i.e., utilities, water, WiFi which are included in their rent. Owner estimates no more than 4 workdays/month to operate this passive investment business. No employees, inventory, or AR as rents are ACH collected in advance. A proven operational model which Buyer could leverage to build additional centers or franchise the concept. Tax Return supported business. Buyer prospect must provide PFS before disclosure. Please refer to listing #0101864628 & ask for Randy Bring when inquiring.

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Property Features and Assets:

10,212 SF Class A Rental @ $27K/mo.

Market Competition and Expansion:

Unknown/Unlimited

Reason for Selling:

Seller has met professional objectives

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.

Relevant Links:

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