Seller's Contact Information
- RE: Profitable Executive Suite Business In S. Palm Bch
- Contact: Tom Milana
Quick Facts
| Asking Price: | $550,000 | |
| Annual Revenue: | $1,009,814 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $246,171 | |
| Total Debt: | Not Disclosed | |
| FF&E: | 70,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2007 | |
| Employees: | 2 | |
| BBN Listing #: | 9587630 | |
| Broker Reference #: | 0101225627 |
Business Overview:
Seller Financing, Executive Suites business that provides daytime and virtual offices to professionals as well as conference, mediation, and training rooms - Over 225 Virtual Clients and growing! The business is operated from two prestigious A-rated office buildings in the South Palm Beach area, Monday through Friday from 9 AM to 5 PM and it’s operated by two full-time managers. Revenues are enhanced through the offering of professional basic, legal secretarial, and court reporter services. The company branding has been established for over 15 years and holds a well-respected and accredited name in the industry. Each location has a strong lease in place with renewable options and both locations are operating at about 97% occupancy. This business should qualify for Immigration purposes and has excellent books and records. The seller is wanting to retire but is willing to stay on for a reasonable transition period and possibly longer. This industry does not qualify for bank financing thus the seller is willing to finance a qualified buyer with a strong personal financial statement and credit score. This Florida-based company for sale is offered by Transworld Business Advisors, the number one business brokerage in the world. With local presence AND global marketing reach, Transworld Business Advisors provides main-street and lower-middle-market business owners and buyers with transaction expertise. Inquire for more details and learn how you can buy a business for as little as 10% down on qualified SBA listings or how to use creative financing options to get a deal done! Get added to our buyer list today to receive notifications as businesses with your criteria hit the market! For more information on this business for sale contact listing agent Thomas Milana - at (561) 702-6867. Please refer to listing #0101225627.
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Property Features and Assets:
Lease/Month: $61,000; Square Footage: 22,207; Building Type: A and A- office; Terms & Options: options available - 2030; Expiration Date: 2/28/2027.
Market Competition and Expansion:
Non Compete: Miles: 50 Years: 5
Reason for Selling:
Retirement
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
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