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Flexible And Virtual Offices – Recurring Revenue! For Sale

Essex County, New Jersey, US
Asking Price:
$349,000 Furniture / Fixtures included
Sales Revenue:
$280,013
Cash Flow:
$46,630

***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 Information

Real Estate:

Lease

Premises Details:

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.

Business Operation

Management type:
This business has absentee ownership.
Expansion Potential:

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.

Competition / Market:

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.

Reasons for selling:

Ownership is focusing on its growing business advisory and consulting practice.

Trading hours:

Monday-Friday 9am-5pm

Employees:
3 Part-Time
Years established:
32

Other Information

Support & training:

Will train for 4 weeks @ $0 cost.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

$279,200 down/$69,800 over 36 mos. @ 7.50%.

Furniture / Fixtures value:
$32,500 - included in the asking price
Contact Broker