BIRMINGHAM, Alabama
| Asking Price |
$0 |
Year Established |
2016 |
|
| Annual Revenue |
$675,943 |
Reason for Selling |
Sale driven by succession planning, supporting next phase while preserving relationships. |
|
| Annual P/L |
$0 |
Attention |
Rick Carlson |
|
| Annual Cash Flow |
$141,422 |
Listing Number |
1007349 |
|
| # of Employees |
5 |
Business Category |
Services: Business & Office Services |
|
Business Overview:
The Company operates a membership-based coworking and flexible workspace platform serving small businesses, entrepreneurs, remote professionals, and hybrid teams in Birmingham. The portfolio includes private offices, coworking desks, meeting and event spaces, and virtual office and mail services. The business is anchored by a recurring subscription revenue model, complemented by on-demand bookings and ancillary services that enhance monetization of fixed real estate assets.The Company differentiates through a community-led operating approach, emphasizing member engagement, programming, and small business support initiatives that drive retention and organic demand. Revenue is generated across a diversified mix of office memberships, coworking subscriptions, meeting room bookings, events, and virtual services, providing balanced exposure across multiple demand drivers.
NDA is required to receive comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.
Property Features and Assets:
<p>13,000 sq. ft. coworking facility with private offices, open coworking areas, conference rooms, and event space located in a high-visibility downtown location.<br></p>
Market Competition and Expansion:
<p>Growth opportunities include increasing utilization of coworking and meeting rooms, expanding virtual mail and office subscriptions, optimizing pricing and yield management, and formalizing corporate and team sales initiatives.<br></p>
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