Absentee Coworking Biz in Northern NJ - Business for Sale
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Absentee-Run Coworking Space in Northern New Jersey
NJ, US
Added 3 months ago
Co-working Space / Business Services
9 years in business
Absentee / Semi-AbsenteeRetiring Owner
This business is a full-amenity coworking space in Northern New Jersey serving corporations, small businesses, and independent professionals with private offices, desks, meeting rooms, day passes, and virtual offices, operating under absentee ownership with one full-time employee.
Key Information
Asking
$370K
Revenue
$697K
Earnings
$146K
Multiple
2.5x
Key Highlights
- Years established: 9
- Absentee ownership with one full-time employee managing daily operations
- Triple-net lease with more than three years remaining and a five-year renewal option
- Significant FF&E included in sale
- Seller financing available for up to 40% of the purchase price for qualified buyers
- Liquid funds requirement: at least $317,000
Contact Info
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