BUSINESS FOR SALE: Packaged Office
Burnaby, BC
Excellent location (near Skytrain) in high quality building
Independent business (not a franchise or license)
57 Offices for 2-6 people each (plus 3 new offices being added this summer)
Additional revenue from services, meeting room rentals, identity packages, telephone services, and mail handling
3 fully equipped kitchens
80%+ occupancy rate currently (with additional new tenants coming onboard shortly)
Tenants: Professional service providers and entrepreneurs (including a large proportion of mental health professionals)
Simple business to operate (extensive training given to new owner)
* Owner manages the business and has one part-time staff person
REVENUE
$890,000
CASH FLOW
$180,000
Asking Price: $625,000 CAD
Seller may consider financing a small portion of the purchase price for well-qualified buyers.
* Includes all furniture, fixtures, equipment, and other assets (real estate not included)
* Business will retain all pre-paid rents and tenant security deposits
* Buyer will reimburse Seller for pre-paid head lease security deposit
Highlights:
* 15+ Years in Business
* Excellent tenants
* Good head lease terms (9+ years remaining)
* Clean and quiet professional space
* Convenient location
* No major capital expenditures required
* Solid gross margins
* Excellent growth potential
Serious inquiries only | Signed NDA required
Ad#:2514857
