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Home » Businesses For Sale » Other Business Service Businesses » Virginia » Listing BFS-171543

Exec Office Suite-Potential Net $230k Asking $400k

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Location

  • CityNot Disclosed
  • State Virginia
  • CountryUnited States

Not Relocatable

Financials

  • Asking Price
  • Sales
  • Profits
  • Profit Type
  • Fiscal Year

Deal Terms

  • Finders Fee Payable by Buyer?
  • Seller Financing Available?
  • Principals Only?
  • Management Will Stay?
  • Willing To Co-Broker?

Brand new executive office suite in newly constructed Class A office building in a prestigious, thriving business location. This business leases out physical office space, but the key to high profitability is a virtual office package that is second to none. Detailed steps have been developed to enable an owner to attract a large number of clients who want to use services like phone reception, mail address, light administrative support and access to conference rooms and office space on an occasional basis, without renting a physical office. The capacity to accommodate virtual office clients is not limited by physical space, and the incremental cost for each new client is very small. Ten year lease with an option for a ten-year extension. Office suite is fully built out in an attractive business décor. Highly qualified salesperson already on board + two experienced fully-trained receptionists. An owner starting a new location from scratch will experience a ramp-up period while enough physical office space and virtual office clients are recruited to reach breakeven cash flow. This office has been open for several months with a full-blown sales and marketing operation and a number of clients already signed up. Typical clients are small business owners and other professionals. Operating hours are normal business hours -- weekdays from 8:30 to 5:30 -- leaving weekends and evenings free. Potential to generate over $900,000 in revenue and $230,000 in annual cash flow, based on the experience of similar operations in other locations.

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