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Listed by:

Best Biz to Buy LLC

Provides Executive Office Spaces For Sale

Collin County, Texas, US
Asking Price:
$5,000,000
Sales Revenue:
$7,270,012
Cash Flow:
$816,154

For Sale

This is an exciting, successful company that has been in the leasing business for a total of 22 years – with the current owner being there from the beginning. They lease both office and meeting spaces in ten buildings that are in prime locations in three major metropolitan areas. They also lease virtual office space. They have approximately 1,900 clients and an additional 800 virtual clients. Office clients account for approximately 85% of sales with virtual clients accounting for the remaining 15%.

Their major goals are to provide exceptional services and spaces to their clients and to provide the maximum flexibility possible in the type of office space offered and in their lease terms. Clients can lease space by the hour, day, week, or month and can enjoy private offices, premium offices, team offices, as well as small and large conference rooms for meetings, training sessions, or seminars. They even offer meeting spaces and lease options specifically tailored for mediators

Clients can customize their private offices with a variety of options. They can choose paint colors, have their logo front and center, and decide what furniture they want and where it goes.

All Virtual Office Plans and services include mail handling and business address services. Having a virtual office gives clients a professional appearance and local presence with a professional business address.

For all lease types and duration's they provide:

? Newest offices

All office locations are newly built or recently renovated. Clients work in the highest quality, flexible office space available.

? Quality Amenities

Onsite receptionists greet clients’ guests with a smile. Breakrooms are fully stocked with coffee, tea, and vending. And the internet is always fast.

? Friendly Service

The onsite staff becomes part of a client’s team, catering to their customers, and providing clients with the best service possible.

? Flexibility

Flexible office space and services give clients the flexibility and security they need to run their business. Clients can get customized office solutions to accommodate their business needs as well as number of employees.
?

Clients are impressed with the space they lease and the amenities offered, such as:

? No hidden fees
? Local experts
? Flexible terms
? In-house services
? Personal touches
? Customizable solutions

This is the perfect opportunity for the right owner to have a thriving office-leasing business with tremendous growth potential.

Property Information

Real Estate:

Lease

Location:

Collin County Texas and surrounding area

Premises Details:

10 Rental Properties

Business Operation

Expansion Potential:

5% to 10% growth per year

Competition / Market:

Approximately 10 competitors in the industry. Number & specific competitors vary depending on location.

Reasons for selling:

Retiring

Employees:
15
Years established:
2002

Other Information

Support & training:

The owner will provide 8 weeks of free, onsite training as well as up to 6 months of free phone consulting on an as-needed basis

Financing available:

SBA Loan

Furniture / Fixtures value:
$1,080,553
Inventory / Stock value:
$1,000