25-Year Virtual Business Center: Perfect for Tech, Internet & Other Companies
This 25-year established business center provides shared and virtual offices, as well as co-working space for business owners. Located in Tampa Bay, Florida, the center offers fully furnished professional suites and personalized virtual office services. With amenities such as answering services, conference rooms, and onsite exercise facilities, it caters to busy professionals from various industries.
OPERATIONS
The business center offers 24/7 access to executive suites, professional conference rooms, reception, and mail services. Special amenities include an onsite notary service, fully equipped fitness center, and a café. The business has excellent onsite management staff and generates robust recurring revenue. It has a highly profitable business model and offers passive investment opportunities.
The business center does not require significant investment in inventory or working capital. It focuses on providing office spaces and amenities to clients.
MARKETING AND KEY METRICS
The business center caters to business professionals from various industries. It offers a prestigious business address in Tampa Bay and provides comprehensive amenities, making it an attractive value proposition for professionals looking for shared or virtual office spaces.
The business center primarily targets professionals and business owners in need of shared or virtual office spaces. The growth potential lies in attracting more clients from different industries and expanding the range of amenities and services offered.
Some key metrics for this business center include the number of fully furnished suites, virtual office services, recurring revenue, and occupancy rates.
The customer base of this business center includes business professionals from various industries who require shared or virtual office spaces. These customers value the convenience, amenities, and professional image provided by the business center.
BUSINESS MODEL & RESOURCES NEEDED
The business center has a dedicated onsite management staff that handles client needs and ensures smooth operations.
THE INDUSTRY
The business operates in the shared and virtual office space industry. This industry has seen significant growth in recent years due to the rise of remote work and the need for flexible office solutions. Examples of other businesses in this industry include WeWork, Regus, and other shared office space providers.
OPPORTUNITIES TO SCALE
There are opportunities for scaling this business center by expanding into other locations, offering additional services such as meeting room rentals, and partnering with other businesses to provide complementary services.
Asking Price: $550,000
Gross Income: $585,000
Cash Flow: $180,000
Year Established: 1985
Employees: 2
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