Office Space Seeking Loan in Bucharest, Romania

Co-working space business in Romania seeks funds to purchase the entire building.
This Business is on a Premium Plan
Established
Employees
Legal Entity
Reported Sales
Run Rate Sales USD 1.4 million
EBITDA Margin 10 %
Industries Office Space
Locations  Bucharest
Local Time 6:11 AM Romania
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 25 million for 10.0% annual interest, 20 years (Native Currency: EUR 21,000,000)
Reason: Owner of the building is moving to their hometown so we are getting this property at an attractive p... View More
Collateral Available: USD 0
Includes physical assets worth USD 600 thousand
Name, Phone, Email
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Business Name
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Business Overview

- Company offering co-working office space services in Bucharest.

- We have taken 15-floor property on a long term lease and offering it as office space on rent and lease.

- The construction of the property was completed 10 years back and we have been in that facility since the beginning.

- The facility is located in a prominent area on the banks of a river with easily accessible public transport, shopping malls, college, university.

- Utilizing the facility with 70-80% occupancy rate.

- We have customers for rent, short and long term lease.

- Business owns furniture, electronic equipment, lightings and building deposit.

Products & Services Overview

- We have taken a 15-floor commercial building on lease and offer shared office space to customers.

- The property is located in an extremely advantageous location with easily accessible public transport.

Facilities Overview
Recent Activity
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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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