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Office Space for Sale in Mandaue City, Philippines

For Sale: Co-working space in Cebu with over 35 different active companies and virtual offices.
This transaction has concluded.

Established 5-10 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales USD 76 thousand
Run Rate Sales USD 120 thousand
EBITDA Margin 22 %
Industries Office Space
Locations  Mandaue City
Local Time 1:47 PM Asia / Tokyo
Listed By Management Member
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 160 thousand (Native Currency: PHP 9,000,000)
Reason: The business is outside of our operating sector. Although the location is quite profitable, we would... View More
Includes physical assets worth USD 50 thousand
Interested to connect with advisors
Business Overview

- Co-working space with private offices of different sizes with a day pass, weekly pass, meeting room, and event space.

- The co-working space's user base has increased steadily since 2022 and the net profit has seen an increase of 40%-50% since the beginning of this year.

- Virtual offices are on yearly prepaid contracts and office users are on either monthly or 6-month contracts.

- Facility has 26 private office units and 1 large office that currently accommodates a digital marketing company with 40 employees.

- At the moment, the facility is 80% occupied.

- We are looking to sell or franchise only this branch and not the entire company. Revenue details mentioned in the profile are for this branch alone.

- This profile has been listed by a representative based in Fukuoka.

Products & Services Overview

Private offices of different sizes and resizable to meet demand, dedicated seats on the co-working floor, day pass, weekly pass, virtual offices, 2 meeting rooms, and event space.

Assets Overview

Furniture, interiors, lease improvement, computers and electronic equipment, all customers on a contract.

Facilities Overview

The co-working space is stretched on a single floor with 26 private offices unit and 1 large office that currently accommodates a digital marketing company with 40 employees. The facility is on lease.

Capitalization Overview
Not Disclosed
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
This transaction has concluded. View similar business opportunities on SMERGERS
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.

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