021 552 1018

info@scsgroup.co.za

Price Range: From To

Office Sharing Business For Sale For Sale

R2,500,000

Business Description

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 owners have used their experience in office design to create a layout that could at the same time be stimulating, with a mix of private and collaborative space, and cost effective – an anti-office if you will.

The business commenced a year ago and is now breaking even using only 20% of capacity. Because of changed personal circumstances they now need to move back to Australia and that is the reason for selling.

For someone with some marketing ability this could be a great return on investment with relatively little ongoing input required by the owner.

Business Details

  • Property ID: PER221
  • Price: R2,500,000
  • Year Built: 2018
  • Turnover range: R1,800,000 Potential @50% capacity
  • Profit range: R1,200,000 Potential @50% capacity

BUSINESS HISTORY & FUTURE GROWTH:

  • Reason for selling: Owner is emigrating
  • Business history: premises built in 2018. Commenced trading January 2019.
  • Expansion potential: Currently breaking even at 20% capacity
  • PROPERTY DETAILS:

  • Fixed property included:
  • Premises Details: 200 sqm, total 69 seats
  • Rent & lease terms: R25 571 p/m with 8% escalation
  • ASSETS AND STOCK:

  • Assets included in sale: Yes, all fixtures, furnishings and fittings
  • Value of assets: R1 800 000
  • Stock included in sale: none
  • Value of stock:
  • GENERAL COMPANY INFO:

  • Employees: 1
  • Trading hours: 8am—5pm
  • Support & training:
  • Business Address

    • City: Cape Town
    • Neighborhood: Cape Town CBD
    • Country: South Africa
    CONTACT BUSINESS AGENT
    Phillip Rutherford
    0824941913
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