Profitable Office Space for Sale in Bangalore, India

Spacious 64 seater co-working space located in a prime area of Bangalore.
This Business is on a Premium Plan
Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
USD 24 thousand
EBITDA Margin
40 - 50 %
Industries
Locations
Local Time
10:53 AM India
Listed By
Business Owner / Director
Status
Active
Overall Rating
Full Sale
Asking Price: USD 40 thousand (Native Currency: INR 3,000,000)
Reason: Promoter is immigrating to a different country.
Includes physical assets worth USD 33 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
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
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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