Flexible & Virtual Offices – Recurring Revenue!
Not Disclosed, NJ Essex County
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- RE: Flexible & Virtual Offices – Recurring Revenue!
- Contact: John Inzilla
Quick Facts
| Asking Price: | $349,000 | |
| Annual Revenue: | $280,013 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $46,630 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $32,500 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1994 | |
| Employees: | 3 | |
| BBN Listing #: | 1017783 | |
| Broker Reference #: | 3410-19665 |
Business Overview:
***This is a confidential listing. Please complete the contact form to receive an NDA and additional details before any phone calls. Thank you!***
Established Northern New Jersey flexible office and virtual office business with a 30+ year operating history, recurring monthly revenue and turnkey operations. Services include windowed private offices, virtual offices and meeting/conference space.
Recent results reflect ownership shifting its focus and marketing resources to a separate business rather than the workspace operation. With an established recurring client base and available capacity, the business offers a clear opportunity for renewed focus and growth.
Seller financing may be available to qualified buyers. Priced competitively at a reasonable industry multiple.
Contact the Seller:
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Property Features and Assets:
Turnkey, fully furnished professional office facility featuring 16 private windowed offices, meeting/conference space and infrastructure supporting virtual office clients. Convenient Northern New Jersey location with access to major transportation and nearby amenities. Furniture, fixtures and equipment are included in the sale.
Assets = $32,500
Market Competition and Expansion:
The flexible workspace industry serves small businesses, entrepreneurs, remote professionals and companies seeking alternatives to traditional office leases. The business benefits from a long-established local presence and recurring client base, with growth opportunities through increased occupancy and renewed marketing.
Significant growth potential through increased office occupancy, expanded virtual office memberships, renewed digital marketing/SEO, and greater utilization of meeting and conference space. A dedicated owner can refocus marketing efforts on the workspace business and build recurring revenue.
Reason for Selling:
Ownership is focusing on its growing business advisory and consulting practice. Kindly ask the seller for more information.
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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