Successful Executive Office Suites
Location: Washington > King County > Bellevue
Industry: Business Services > Other Business Services
Financials
Asking Price: $239,000
Gross Revenue: $455,487
Cash Flow: $98,050
FF&E: $97,874 (Included in Asking Price)
Seller Financing: Bank Financing is available
Business Summary
This is a beautiful group of Executive Office Suites in busy Bellevue. The owner has done an excellent job over the past 19 years. They normally offer a complete office suite package consisting of single or multiple person spaces available for short or long term lease. Or if the client perfers to work from home but would like the business address and amenities, they offer a "Virutal Office" package. The professional support staff can assist their clients with any of their office requiests. This group of offices also comes with free parking for the tenants. There is room to grow here and with the economic situation on the east side so strong the demand for good office space is high.
About the Business
Year Established: 1987
Employees: 1 full time - 2 part time
Facilities: Excellent location in area that makes it very convenient to get on and off the freeway as well as all of the latest amenities for the clients. The facility also includes a conference room, videoconference center, and provides access to a large training facility within the immediate area. Jogging and walking trails are near by and workout center is available through a membership. Each office wired for T1 high speed internet access.
Market Outlook and Competition: There is opportunity for growth for buyer who is aggressive and desired to expand business into additional floors of the building or additional service offerings. There are muliple competitors on the east side offering similiar services but none with a package that can match this offering with all its features and at this value. This company has a solid history and excellent reputation for quality service.
About the Sale
Management Training and Support: Owner is flexible and will provide training to new buyer to ease transition for employees/buyer/customers. Suggests 30 days of continuing training based on a sliding scale and owner will be available after sale for additional help and assistance over telephone.
Reason For Selling: Owner is retiring.
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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