Upscale Coworking Shared Office Space Business in Thriving Area

Arlington County, VA

Seller Financing Available

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Asking Price:$775,000
Established Year:2021
Gross Revenue:$805,000
BUSINESS DESCRIPTION

Revolutionary Designed Co-Working Office Space

Revolutionary designed co-working office space, work space, and meeting rooms for innovative professionals and entrepreneurs...in a prime DC-area location. One of the first franchise concepts in the co-working industry. This can be an absentee ownership for someone looking to add to their portfolio, and business can be run with just 2 employees.

Our location opened about 3 years ago and ownership spared no expense in building out a modern, top-notch facility. Lawyers, financial advisors, accountants, small defense contractors, startup and small tech companies, entrepreneurs, and remote workers are among the clients who are taking advantage of membership-based office space instead of expensive/restrictive long-term leases. The business also enjoys revenues from events and conference rentals.

Business has been growing steadily, and since current capacity is at about 50%, there is plenty of room for significant growth. Owner will provide training and transition services to ensure a smoot turnover. Buyer will also benefit from world-class training and support from the leading franchisor in the industry.


DETAILED INFORMATION
Location
Arlington County, VA
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
25,500
Lease Expiration
05/01/2033
Employees
2
Facilities
Lease Terms Options: Two 5-year options
Financing
Owner Terms:$300,000.00 Interest:5% Term Months:12
Support & Training
Number of Weeks Seller Will Offer Training: 4
Reason for Selling
job focus on west coast
Franchise
This business is an established franchise
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Mike
Hadad
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Mike Hadad