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Office Space for Sale in Pune, India

For Sale: Co-working space having occupancy of 60% with 120 workstations located near WTC, Pune.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales USD 37 thousand
Run Rate Sales USD 43 thousand
EBITDA Margin 7 %
Industries Office Space
Locations  Pune
Local Time 3:19 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 40 thousand (Native Currency: INR 3,500,000)
Reason: The founder has moved to a different business vertical and is not able to give time to run this busi... View More
Includes physical assets worth USD 40 thousand
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Business Overview

- This is a co-work space having a seating capacity of 120 workstations in a premium location in Kharadi, Pune.

- This center is having a current occupancy of close to 60%.

- The overall growth rate of the co-work business is close to 30%.

- At 90% of occupancy the facility has the opportunity to generate a 2X return on the expenses.

- It has the potential to have a monthly profit of INR 3 lakh and a yearly profit of INR 36 lakhs.

- We charge rent to our customers on a monthly basis. The average rent for the workstations is INR 4k and for the cabins is INR 35k.

- The space also has 2 conference rooms, 1 of them is a small room having a seating capacity of 8 and the other is a larger room with a seating capacity of 15.

- Our cabins on average are rented for an average period of 1 year whereas the workstations are rented for a period of 2 months on average by a single customer.

Products & Services Overview

Co-work space, furnished office space, hot desk, conference room, private cabin, shared office, business centre, office space for mid and small-sized companies.

Assets Overview

120 workstations with chairs.

18 ACs.

Interior furnishing.

All electric work.

Coffee machine.

Pantry table.

CCTV camera.

Biometric.

Conference table.

Floor carpets.

Sofa.

Reception set up.

Fridge.

Water dispenser.

Battery inverter.

Facilities Overview

We are operating from a 10,000 sqft built-up fully furnished area with a premium interior spread over a single floor. This facility is on lease and we pay a rent of INR 2L, and the maintenance expenses come to around INR 35k. The facility is located next to the WTC.

Capitalization Overview

There is no debt in this business. There are two shareholders having 50% shareholding each. Currently, the operational expenses are managed by the business income.

Recent Activity
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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