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Office Sharing Business For Sale

Cape Town, Western Cape, South Africa
Asking Price:
R2,500,000 Furniture / Fixtures included
Sales Revenue:
R1,800,000
Cash Flow:
R1,200,000

A start-up office sharing business with trendy designer finishes that will appeal to a wide range of businesses who are transitioning to work-from-home or need short term flexible office accommodation in a stimulating environment close to the city with easy access and affordable parking.
The business is currently breaking-even with turnover at 25% of capacity.
Turnover R50 000 per month
Operating expenses R48 000 per month

The valuation and headline figures are based on 50% capacity utilization.

Property Information

Real Estate:

Lease

Lease Terms:

5 years

Leasehold Rent:

R306 852 per annum

Location:

Cape Town CBD

Premises Details:

Fully furnished office and hot desk space. With trendy designer finishes.

Size in square feet:
200 sqm

Business Operation

Expansion Potential:

The business value is based on 50% capacity utilization. With active marketing there exists potential to do much better than this.

Reasons for selling:

Owner emigrating

Trading hours:

Normal Office hours

Employees:
1
Years established:
1 year

Other Information

Furniture / Fixtures value:
R1,800,000 - included in the asking price

Contact Information

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