↩ Go Back
Need help?

Profitable Office Space for Sale in Bangalore, India

Spacious 64 seater co-working space located in a prime area of Bangalore.
This transaction has concluded.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees < 2
Legal Entity Private Limited Company
Reported Sales USD 22 thousand
Run Rate Sales USD 22 thousand
EBITDA Margin 40 - 50 %
Industries Office Space
Locations  Bangalore
Local Time 12:22 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 36 thousand (Native Currency: INR 3,000,000)
Reason: Promoter is immigrating to a different country.
Includes physical assets worth USD 30 thousand
Documents
Business Overview

- Co-working space with 64 seats for sale.

- Held under a private limited entity.

- The holding company and the brand name of the co-working space are not included in the transaction.

- The co-working space previously had an occupancy rate of 80% but currently has an occupancy rate of 50% as some members left the space after completing their work projects.

- The facility is air-conditioned and has power backup.

- It has a 40kVA diesel generator and a 7.5kVA UPS.

- It is also equipped with a biometric access control system and CCTVs.

- Have agreements with 2 corporate companies which ensures around 30 seats are occupied at any point of time.

- The facility also has 2 conference rooms and is equipped with projectors, an oven, refrigerator, and water purification system.

- The business enjoys strong pricing power on account of its location and amenities.

- It is located near the Central Silk Board, a prime area in Bangalore.

- The business also employs 1 security guard who also provides handyman services.

- Low overheads have helped the business maintain strong EBITDA margins.

Products & Services Overview

Co-working space with 64 seats.

Facilities Overview

2,000 sq. ft. of leased space. Monthly lease rent is INR 80,000 and we have paid a building deposit of INR 4 lakh. The building deposit is not included in the transaction price and the new owner must negotiate the terms with the landlord. The facility is located on the first floor.

Capitalization Overview
Not Disclosed
Recent Activity
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.

Frequently
Asked
Questions

  • Why can’t I see the business’ name or contact number? How do I contact the business?
  • What level of due diligence does SMERGERS conduct on the businesses/member?
  • How active are the business profiles listed on SMERGERS?
  • How does SMERGERS rate business profiles?
  • Do I need to pay to connect with a business?
  • Show more