WESTMONT, Illinois
| Asking Price |
$465,000 |
Year Established |
|
|
| Annual Revenue |
$0 |
Reason for Selling |
Changing careers |
|
| Annual P/L |
$0 |
Attention |
Mike Brugger |
|
| Annual Cash Flow |
$0 |
Listing Number |
1007961 |
|
| # of Employees |
2 |
Business Category |
Commercial Real Estate: Office Space, Office Parks |
|
Business Overview:
Step into a turnkey coworking and private office operation positioned to capitalize on the booming flexible workspace market in Chicago's dynamic business corridor. This established property management business delivers multiple revenue streams through office rentals, dedicated coworking memberships, and premium event hosting services.
Your investment provides immediate cash flow from an established customer base while positioning you at the forefront of the workspace-as-a-service trend. The prime location with attracts premium-paying professionals and businesses seeking flexible solutions, ensuring consistent demand and pricing power.
This business solves critical pain points for modern professionals: expensive long-term office commitments, lack of networking opportunities, and inadequate meeting spaces. Your customers pay premium rates for fully-serviced solutions including high-speed internet, furnished offices, and utilities - eliminating their overhead while maximizing your margins.
The strategic Chicago area location taps into one of America's largest business markets, with endless expansion opportunities. The outdoor terrace and collaborative spaces create additional revenue opportunities through networking events, workshops, and corporate events.
As the new owner, you'll benefit from predictable recurring revenue, scalable operations, and minimal hands-on management requirements. The established systems and prime location provide a platform for aggressive growth through membership expansion, premium service additions, and potential other opportunities.
This business transforms the traditional office rental model into a high-margin, customer-centric service business that grows with market demand for workplace flexibility. Your investment delivers both strong cash flow and significant appreciation potential in the rapidly expanding coworking sector.
Property Features and Assets:
<p>Private Offices<br>Temp desks<br>Reception area<br>Kitchenette <br>Meeting rooms<br>Lounge area<br>Event space<br>Private offices & team suites<br><br></p>
Market Competition and Expansion:
<p>Chicago is now one of the largest coworking markets in the U.S. as demand is real, landlords are supportive, and flex is being used to backfill traditional office vacancy. Chicago has deep density of Professional services, Tech, Finance, Consulting, Startups and and Large companies are increasingly using coworking for:<br><br>Satellite offices<br>Project teams<br>Swing space<br><br>National data shows companies are choosing flex over traditional leases, and Chicago is a primary beneficiary!<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