Selling Background
Turnkey Operation with Stable Revenue Stream and Growth Potential
This established coworking business represents an exceptional opportunity to acquire a stable, cash-flowing operation in a thriving Cedar Rapids business district. Positioned in a central location with excellent visibility and accessibility, this premium workspace solution caters to a diverse professional clientele including entrepreneurs, remote workers, and small businesses seeking flexible office accommodations. Since its establishment in 2018, this operation has built a loyal client base generating reliable monthly recurring revenue supplemented by additional service offerings.
Business Model
Facilities & Assets : The facility includes multiple private offices, dedicated desk areas, collaborative spaces, professional meeting rooms, and communal areas that maximize revenue potential per square foot. The $85,000 in included furniture, fixtures, and equipment represents significant value covering all workstations, executive chairs, conference tables, reception furniture, kitchen equipment, and the complete technology infrastructure.Opportunities for GrowthThis business presents multiple growth avenues for a motivated new owner. Expansion space is currently available within the same building, allowing for increased capacity without relocation costs or business disruption. The existing operation has focused primarily on private office rentals, leaving significant opportunity to develop additional revenue streams through enhanced meeting room utilization, virtual office services, and event hosting.
| Asking Price | $150,000 |
| Sales | $2,163,024 |
| Gross Revenue | $235,000 |
| FF&E | $85,000 |
| Established | XXX |
| Employee |