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Reece O&#;Sullivan
 

Internal Ref: bus5234

Summary

Location, Location, Location. About the Business: This business is a well-established shared workspace provider located in the heart of one of P...

About the Business

Location, Location, Location.

About the Business:

This business is a well-established shared workspace provider located in the heart of one of Perth’s best café strips on the doorstep of the CBD.

Offering a range of services from co-working daily hire and meeting room hire to longer-term private offices this well-established co-working hub is ideal for someone looking for their own office space but wants to earn a semi-passive income at the same time.

The location is the main driver being centred on the doorstep of the CBD, but conveniently located out of reach of bustling traffic. Surrounded by cafes, pubs and retail the area is a mecca for small businesses and entrepreneurs to escape the rat race.

Featuring Seven well appointed and furnished offices with an impressive meeting / board room, the workspace offers privacy and community all at the same time.

Historical high occupancy rates are the key driver for the financial performance that generates a healthy profit in excess of $70,000 all with minimal day to day management. For an entrepreneur looking for their own office space this can be managed whilst you work your day in your own private office.

Key points:
• Semi-Passive Profits: Profits will depend on the level of owner engagement however FYE 2023 shows owner profits of circa $70,000 (higher in previous years)
• High occupancy rates: The business has a history of long-term occupancy and a large database of previous customers.
• Strategic Location: The location is the key driver with the area being a top choice for entrepreneurs looking for the perfect balance of work and play.
• Secure lease terms: Secure lease terms on offer for a buyer.
• Easy to operate: The business can be operated by a part-time employee or alternatively an owner that also has other business interests.

If you are looking for your own office space and like the idea of earning a passive income at the same time then this could be perfect!

Confidentiality:

All inquiries and discussions will be treated with the utmost confidentiality.

FOR SALE: $99,000 WIWO

Contact the exclusive broker direct:

Reece O’Sullivan
Benchmark Business Sales and Valuations
M: 0419 198 584
T: 1300 366 521

Please ensure you have the necessary capital or equity before expressing an interest in this business.

The images shown are for illustration purposes only and may not be an exact representation of the business.

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