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Office Rental Business

St. Augustine , FL (Saint Johns County)
Uploaded Listing Img 0
Asking Price:
$499,000
Gross Revenue:
$211,000
EBITDA:
N/A
FF&E:
$50,000
Cash Flow:
$101,000
Inventory:
$Included in asking price
Rent:
$
Established
2022

Description

Upscale botique private office, virtual office and co-working business model that has far surpassed the big box (regus, office evolution, wework, etc) models.We've brought it to 100% private office occupancy, 40% virtual office and co-working occupancy and 70% revenue capcity so there’s room to grow this cornerstone location and scale from there.All operational and technical elements in place to afford an easy transition in ownership.Very neat upscale community and we are looking for the ideal owner who would grow it and then expand on the platform to a multi-site or franchise model. This flagship site has additional benefits that add to the experience and revenue potential.Ad#:2227966

Detailed Information

Location
St. Augustine , FL (Saint Johns County) , , ,
Inventory
Included in asking price
Real Estate:
Building SF
Lease Expiration
FF&E:
$50,000
Facilities
Office, conference and lounge furniture. (Home Based)
Competition
Growing faster than we can keep up with.
Growth & Expansion
Franchise
Support & Training:
Reason for Selling
Transitioning to retirement

Detailed Information

Ad#:2278529
The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness. Read BizBuySell's Terms of Use before responding to any ad.

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