Office Space for Sale in Tbilisi, Georgia
Acquire a non-operational business offering hourly rental spaces in central Tbilisi with an owned office.
| Established | 1-5 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Limited Liability Company (LLC) |
| Reported Sales | USD 15.2 thousand |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Office Space |
| Locations | Tbilisi |
| Local Time | 4:42 PM Asia / Tbilisi |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Full Sale
Asking Price:
USD
350 thousand
(Native Currency: GEL 940,000)
Reason: Due to health issues, the promoter is unable to focus on the business, which has significant growth ...
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Includes physical assets worth
USD
260 thousand
Interested to connect with advisors
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Business Name
Not disclosed
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Business Overview
- Centrally located in Tbilisi, this business offers individual offices and training spaces for hourly rent, catering to professionals like psychologists, coaches, and entertainers.
- The facility covers 100 square meters of carefully renovated office space, appraised at USD 212,000 by the Bank of Georgia.
- Due to recent political challenges, operations have been paused for the past two months, which presents a situation for reassessment and potential re-launch.
- Before operational disruptions, the occupancy rate stood at 30%, indicating initial demand traction in the market.
- Services actively advertised on Facebook, engaging up to 2,000 users, which reflects a solid local presence.
- Strategic location and high-quality renovation make this space particularly attractive for group meetings, workshops, and training sessions.
- The business is fully compliant with tax regulations and is registered with a VAT certificate, ensuring smooth financial operations going forward.
- The facility covers 100 square meters of carefully renovated office space, appraised at USD 212,000 by the Bank of Georgia.
- Due to recent political challenges, operations have been paused for the past two months, which presents a situation for reassessment and potential re-launch.
- Before operational disruptions, the occupancy rate stood at 30%, indicating initial demand traction in the market.
- Services actively advertised on Facebook, engaging up to 2,000 users, which reflects a solid local presence.
- Strategic location and high-quality renovation make this space particularly attractive for group meetings, workshops, and training sessions.
- The business is fully compliant with tax regulations and is registered with a VAT certificate, ensuring smooth financial operations going forward.
Products & Services Overview
The business's top-selling services include private spaces available for hourly rent, primarily used by psychologists, coaches, entertainers, and others.Additionally, also provides training space for hourly rent, ideal for trainers, group meetings, workshops, and similar activities.
Assets Overview
Tangible asset: Fully renovated and equipped 100 sq. m office space in the centre of Tbilisi.
Facilities Overview
Located on the first floor, the owned office space spans 100 sq. meters and includes 3 private rooms, a training room, 2 restrooms, a kitchen, and a private outdoor green area.
Capitalization Overview
Sole owner and director.Has no business loans.
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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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