Executive Suites - Excellent Business Opportunity
Location California,United States
Asking Price Range $500K - $1.0M
Gross Revenues $0
Net Profit / Cash Flow $261216
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2000
Number of Employees 1 - 3
Inventory 1000
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Leased
Training 2 Weeks.
Reason for Sale Non-disclosure at owners request.
Description Executive Suite operation (also known as O.B.C. = Office Business Center) with approximately 20,000 sq. ft. of class A office space at prime location in San Gabriel Valley area. This business is well seasoned and established with proven track records. The business has strong potential for future growth with right management team. The business provides their customer (sub-lease tenant) with turn-key business solutions including flexible lease term, usage of common area such as conference room, day office, waiting area for guest, receptionist area, along with other business amenties such as PBX phone systems, T1 internet access, usage of copier, facsimile, phone answering service, and mail service. This is a great opportunity ... don't miss it!
Facilities - Company has master lease on approximately 20,000 sq.ft. of office space which is sub-leased to small businesses, professionals, and corporations (for satellite office) on a short term lease contract. The business can be operated with owner being absent since most executive suite operations are run and operated by employees. The business is located in prime strategic location where many businesses would desire to be located.
Competition - This business is well seasoned and established with proven track records. The business has strong potential for future growth with right management team. There is always a need for this type of business as there are many start-up businesses & business expansion into new territories during prosperous economic times. Furthermore, as companies down-size their operation during down-turn in economic conditions, there are usually high demand for executive suites as their services are much needed.
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