NOT DISCLOSED, New Jersey
| Asking Price |
$349,000 |
Year Established |
1994 |
|
| Annual Revenue |
$280,013 |
Reason for Selling |
Ownership is focusing on its growing business advisory and consulting practice. |
|
| Annual P/L |
$0 |
Attention |
John Inzilla |
|
| Annual Cash Flow |
$46,630 |
Listing Number |
1017783 |
|
| # of Employees |
3 |
Business Category |
Commercial Real Estate: Office Space, Office Parks |
|
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.
Property Features and Assets:
<p>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.<br></p><p>Assets = $32,500</p>
Market Competition and Expansion:
<p>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.<br></p><p>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.<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