Details

This company was well ahead of its time in offering flexible, Class A office space on a short or long-term basis. With over 60 offices available, the company caters to working professionals who don't want to sign long-term commercial leases, as well as small companies looking for a small suite of offices. Clients enjoy all amenities including high-speed WiFi and LAN, mail service, phone service, fully-stocked kitchen, and conference facilities, just to name a few. Diverse revenue streams include "virtual offices" for those clients who need a physical mailing address and access to other services, but don't occupy an actual office. Additionally, the conference facilities can be leased on an hourly or daily basis.

In keeping with the industry at large, this company is enjoying a resurgence after the 2020 economic downturn. Located in a major suburban area, this company caters to those professionals who are tired of working from home, but no longer want to convene in crowded, downtown corporate offices.

The seller has created a low-touch business model and, with the assistance of a talented Assistant Property Manager on staff, works only a few hours per week.

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Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness. This listing does not constitute an offer to sell, solicit or make an offer to buy an investment interest. Offers to sell, or the solicitation of offers to buy, any security can only be made through official offering documents, such as a subscription agreement and private placement memorandum.