Packaged Office Space

Packaged Office Space

Price: $808,000

Location: Metro Vancouver, British Columbia

Industry: Non-Residential Property Managers

Listing ID: VANCOBC002-N521

Listing Description

This is an opportunity to acquire the majority shareholder equity of a high-quality packaged office and virtual office provider, located in a highly visible tower in Metro Vancouver. Catering to loyal and local clientele including accountants, lawyers, counsellors, nonprofit organizations, small businesses, and trades, the business provides excellent value for money on full-time packaged office rentals, hourly meeting rooms, secretarial and administrative assistance, and technological business support.

Additional revenue streams include virtual office plans, which provide mail handling and a business address for start-up and small business practices, as well as telephone answering, and inside sales, along with access to preferred rates on the meeting rooms.

Any buyer would not need to be actively involved, as there is a strong team of staff already in place, and a General Manager / minority shareholder who wishes to stay with the business.

Asking Price (100% Equity): $808,000

Type of Sale: Share Sale

Inclusions in Asking Price: Operational Balance Sheet Inclusive of Furniture, Fixtures, and Equipment; Goodwill; and Normal Net Working Capital of $103,000

More Information: PMABB Website

Listing Details

Total Sales: $878,000

EBITDA: $200,000

Reason For Sale:

Vendor is looking to pursue other interests.

Training & Support:

Vendor will provide an agreed period of training and transition to the new owner.

Operation

Year Established: Over 10 Years

Summary

Potential Growth:

Growth opportunities and expansion potential available in a Confidential Information Memorandum, please contact us for more information.



Broker Info

Pino Bacinello

Email: pbacinello@pmabb.com

Contact the seller