Co-Working Business for Sale in New York County

Seller Financing Available

LISTING ID # 35713

Fantastic Co-Working and Virtual Office Business in a Prime Midtown Location with lots of light and views of the Empire State Building. High Margin! This is a truly unique business that is thriving due to the normalization of hybrid office work. They offer both virtual office and on demand work spaces. In addition, they have a global network of workspace partners with nearly 50 partners - from Bangkok to Thailand and across 15 states in the US alone. They offer competitive pricing, a prestigious address, an easily accessible midtown location, a profitable, subscriber-based business model, private offices, meeting & conference rooms, workshop, retreat & training, showrooms, pop-up stores, photo & film shoots. For virtual clients they offer a prestigious street address & mail receipt, mail scanning, notification & forwarding, admin support & phone answering, an online directory listing and much more. The business has seen year over year growth since 2020 with 2021 sales of $458,591, 2022 sales of $501,871, 2023 sales of $517,067 and 2024 sales trending over $536K. The trailing 12 months owner’s cash flow was $255,450.00. Their lease was recently extended by an additional five years with a rent of $7,500/mth for a 2000sf space, and this can be additionally extended for a well-qualified buyer. We are seeking a serious and financially qualified buyer with at least $500K in liquid funds. Although there are 3 full-time employees, the ideal buyer would be full-time owner-operator with management experience. There will be a thorough training and transition period from the current owner. Proof of liquid funds will be requested prior to any buyer-seller phone calls or meetings.