Listing Number: 3112021-478438
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 3 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 40 - 45%, there is plenty of room for significant growth. Owner will subsidize cash flow during buyer's first year of operation.
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.
Listing Details
- Price: $ 1,550,000
- Down Payment: $500,000
- Sellers Discretionary Earnings: $ 0
- Total Sales: $ 805,000
- Location: City, Virginia
- Inventory: $ 0
- FF&E: $ 0
- Employees: 2
- Year Established: 2021
- Reason for Selling: Job focus on west coast
- Category: Business Services
