Great Opportunity To Purchase An Established Co-Works Franchise
Holyoke, MA
| Asking Price: | $250,000 |
| Inventory: | $400,000 |
| Established Year: | 2021 |
| Gross Revenue: | $377,212 |
| FF&E: | $400,000 |
Listing ID: 2240971Listing provided by BizBuySell
BUSINESS DESCRIPTION
Revolutionizing Coworking For Today's Professionals
Located in Holyoke, this coworking franchise is an established business. It is a turnkey operation, fully equipped with everything you'll need to run your business including trained staff. There is great opportunity for substantial growth and profit. The potential buyer would basically just need to negotiate and agree to a lease with myself as the owner of the property. It doesn't get much better than this!
DETAILED INFORMATION
Location
Holyoke, MA
Inventory
Included in asking price
Real Estate
Leased
Building SF
14,500
Employees
1
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
This is a modern business center with 53 private offices offering its members a shared, flexible workspace with a community of like-minded business professionals. Located on the Access Road to the Holyoke Mall and conveniently located at the intersection of I-91 and I-90. Offering unparalleled amenities to our members including: Furnished offices; coworking space; high-speed internet/wifi; cafe and reception area; mailroom; conference/training rooms with audio/visual equipment; printing/copying/scanning; 24/7 SECURE access and parking; Event space.
Competition
This business was built out during Covid with special attention to air filtration systems, filtered water, touchless bathrooms, etc. We are the best facility in the best location. Our competition is primarily made up of a number of small mom and pop type Coworking facilities. The primary market pros are fabulous location and a state-of-the-art high-tech facility.
Growth & Expansion
There is potential for extensive growth. We have been averaging around 45% occupancy. With the right buyer, this business has the potential to double or even triple its revenue. After rent and all other expenses, there is the potential for hundreds of thousands of profit per year.
Financing
Franchisor can provide financing options.
Support & Training
Flex workspace solutions (FWS) is currently managing this location. They are experts in managing Coworking facilities and provide extensive training to our community manager. They are a great asset for any potential buyer. The primary training would come from the Franchisor.
Reason for Selling
Retiring
Franchise
This business is an established franchise
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