Office Rental Business
St. Augustine , FL (Saint Johns County)
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
Ad#:2278529
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