Successful Workspace Solution Leasing Firm for ...

North Central New Jersey, NJ

Asking Price: Annual Revenue:
$1,500,000 $915,156

Services: Real Estate

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RE: Successful Workspace Solution Leasing Firm for ... Broker: Frank Caroselli
Owner Financing is Available!

Quick Facts

Asking Price: $1,500,000
Annual Revenue: $915,156
Net Profit: Not Disclosed
Cash Flow: $339,684
Total Debt: Not Disclosed
FF&E: $150,000
Real Estate: Not Disclosed
Year Established: 2003
Employees: 1
BBN Listing #: 153738733
Broker Reference #: LINDENJ001-N792

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Business Overview:

This Franchise was established 19 years ago. This local business has been opened and expertly managed by its present owners for the last 4.5 years. It is part of the largest network of locally owned and operated co-working locations in the nation. This business has been among the top 5 franchise performers for the past 5 years. The reasons for this very successful performance are multi fold because this business is: - Located in a very strong demographic area of north central NJ, which is insulated from competition. - A proven entity to be recession resistant. - A business that can be run absentee by one employed person with little owner involvement. - A business that is on the leading edge of the current trend of workers returning to work closer to home. This is a excellent location in a well to do town with many high end customers who no longer wish to make the trek into Manhattan. This firm provides flexible and shared workspace solutions which convey strong, productive communities. From desks to offices and entire headquarters, it creates an environment for productivity, innovation, and connection. Each private office comes with 24/7 access and blazing-fast fiber-optic internet. Each of the workspaces has a culture of success needed to help each business thrive. This firm has conference rooms and training spaces for 20 participants available for rent by the hour or by the day. In the conference rooms, a variety of technology options from whiteboards, projectors, to TVs and video conferencing equipment can be found. The franchise was recognized as one of the top 500 franchises in Entrepreneur’s Franchise 500®. Recognized as an invaluable resource for potential franchisees, the 2022 Franchise 500® ranks this firm as #251 for its outstanding performance in areas including unit growth, financial strength and stability, and brand power. This company’s mission is simple It is dedicated to providing excellence in all-of its office support services provided to small businesses. What sets this business apart from others has been identified in the reasons for its consistent top 5 performance in the franchise company. A savvy buyer will be able to take advantage of this firm’s strong foundation as one of the best local and nation- wide ranking franchises in order to expand the business to the next level. The ideal buyer could be a competitor offering similar services, a private equity group who can provide the resources for it to expand, or an entrepreneur who can run it absentee and has the motivation and expertise to take this company to the next level.

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Reason for Selling:

Other Business 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 a franchise resale opportunity.

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