Well-Known Shared Workspace Opportunity

Business Summary:
This well-known shared workspace business has been a success since launched 11 years ago. Lender pre-qualified with 15% down, LOAN INCLUDES $50K WORKING CAPITAL. Business leases 10,000+ SF of prime retail space which is divided into 50+ fully built out business suites. Sublessees sign 1–3-year leases & operate their own enterprise while given 24/7 access to their business & freedom to customize their suite to their taste. Historic occupancy has been 90%-100%, owner sometimes works on a wait list. This shared contemporary workspace concept offers entrepreneurs the chance to “be their own boss” without the initial buildout investment & typical overhead i.e. utilities, water, wi-fi which are inc. in their rent. Owner estimates no more than 4 workdays/month to operate this passive investment business. No employees, inventory, or A/R as rents are ACH collected in advance. A proven operational model which Buyer could leverage to build additional centers or franchise the concept. Tax Return supported business. Buyer prospect must provide PFS before disclosure. Please refer to listing #0101864628 & ask for Randy Bring when inquiring.