Profitable Office Space for Sale in Bangalore, India
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 |
- 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.
Co-working space with 64 seats.
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.
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Earlier than 15 daysNon-Executive Director, Customer App (Electronic Payments), Bangalore, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysDirector, Exporters Of Garments, Kolkata, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysManaging Director, Digital Services And Consulting, Vijayawada, Corporate Investor / Buyer connected with the Business