Upscale Coworking Shared Office Space Business in Thriving Area

Listing Number: 3112021-478438

Listing Details

Upscale Coworking Shared Office Space Business in Thriving Area
Price: $750,000
Location: City, Virginia
  • Down Payment: $375,000
  • Sales: $1,041,000
  • Seller's Discretionary Earnings: $0
  • Inventory: $0
  • Furniture, Fixtures, and Equipment: $0
  • Employees: 2
  • Year Established: 2021
  • Reason for Selling: Job focus on west coast

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Business Description

Revolutionary designed co-working office space, work space, and meeting rooms for innovative professionals and entrepreneurs...in a prime DC-area location. One of the first franchise concepts in the co-working industry. This can be an absentee ownership for someone looking to add to their portfolio, and business can be run with just 2 employees. Our location opened about 4 years ago and ownership spared no expense in building out a modern, top-notch facility. Lawyers, financial advisors, accountants, small defense contractors, startup and small tech companies, entrepreneurs, and remote workers are among the clients who are taking advantage of membership-based office space instead of expensive/restrictive long-term leases. The business also enjoys revenues from events and conference rentals. Business has been growing steadily, and since current capacity is at about 50%, there is plenty of room for significant growth. Owner will provide training and transition services to ensure a smoot turnover. Buyer will also benefit from world-class training and support from the leading franchisor in the industry.