Property Management Business For Sale in British_columbia

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Serviced Office Space Business

Location:British Columbia

Category:Property Management

Asking Price:$1,170,000

  • Sales revenue : $956,000
  • Net profit : $312,000
  • Furniture/Fixtures value : Undisclosed
  • Inventory/Stock value : Undisclosed
  • Serviced Office Space Business

Business description

This is an opportunity to acquire a high-quality packaged office and virtual office provider, located in the heart of Metro Vancouver. Catering to loyal and local clientele including accountants, lawyers, counsellors, non-profit organizations, small businesses, and trades, the business provides excellent value for money on full-time packaged office rentals, hourly meeting rooms, secretarial and administrative assistance, and technological business support.

Additional revenue streams include virtual office plans, which provide mail handling and a business address for start-up and small business practices, as well as telephone answering, and inside sales and order service, along with access to preferred rates on the meeting rooms. Gross revenue streams are split 57% office rentals and 43% other services.

Any buyer would not need to be actively involved, as there is a strong team of staff already in place, headed up by an excellent general manager.

Asking Price: $1,170,000

Type of Sale: Share Sale

Inclusions in Asking Price: Operational Balance Sheet Inclusive of Furniture, Fixtures, and Equipment; Goodwill; and Normal Net Working Capital of $100,000

Other Information

  • Expansion: Growth opportunities and expansion potential available in a Confidential Information Memorandum, please contact us for more details.
  • Employees: 5 Employees
  • Support Training: Vendor will provide an agreed period of training and transition to the new owner.
  • Reason For Selling: Personal Reasons
Pacific M&a And Business Brokers Ltd.
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