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Join the Future of Work: Coworking Franchise for Sale!

Nashville, TN

Seller Financing Available

listing image
Asking Price:$199,000
Gross Revenue:$369,390
Established Year:2017
Cash Flow:$25,021
FF&E:$252,546
Listing ID: 2286961Listing provided by BizBuySell
BUSINESS DESCRIPTION

Join the Workspace Revolution With This Turnkey Opportunity

This is a value-priced sale for someone seeking to get into a low-employee, professional business model with recurring monthly revenue by a motivated seller. The current owner has reached retirement age and hasn't been able to give the needed attention and energy to maximize the business potential. All technology and processes are in place for client management, meeting room bookings, lead generation, and monthly customer billings. The current owner will provide training and support at no additional cost. Franchise support systems make management simple. A buyer with marketing, sales or operations background will be a great fit for yielding the greatest revenue growth. Expanding the physical footprint within the existing building can add even more revenue. Many owners of this concept use a family member as the employee to keep all revenue within the family and even pass it along to the next generation.

DETAILED INFORMATION
Location
Nashville, TN
Inventory
Included in asking price
Real Estate
Leased
Building SF
5,600
Employees
1
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
5600 sq ft coworking space opened in 2017 in a brand-new building and maintained in like-new condition. Includes furnished offices, meeting rooms, reception area, coworking areas, community kitchen and more. Present owner had this space built inside new building shell to business specs. Free parking on the campus. Located in popular neighborhood next door to multiple restaurants and pubs and close to interstate access. Outside of city center but close to downtown.
Competition
Nashville continues to be one of the top-rated cities for growth and business opportunity, and there continues to be high demand for coworking spaces to meet the city's needs.
Growth & Expansion
Physical expansion is possible within the current building to add more individual offices. Additionally, virtual address and conference room revenues present a substantial opportunity for more upside. The potential of the space has never been fully achieved.
Financing
Seller financing will be considered for the right candidate.
Support & Training
Owner will provide a total of 160 hours of training and advisory support for up to 90 days after closing. Franchisor will also provide comprehensive training and support.
Reason for Selling
Owner Retiring.
Franchise
This business is an established franchise
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Jake Gerardi
United Franchise Group
Phone Number
Jake Gerardi
Call Phone