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Office Space for Sale in Quito, Ecuador

Well-established business center in Quito, offering a comprehensive range of office services.
This Business is on a Premium Plan
Established 10-20 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 50 thousand
Run Rate Sales USD 50 thousand
EBITDA Margin 15 %
Industries Office Space
Locations  Quito
Local Time 8:04 AM America / Guayaquil
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 300 thousand (Native Currency: USD 300,000)
Reason: The owner wants to retire from the business as they're over 65 years old. The valuation is fair bec... View More
Includes physical assets worth USD 260 thousand
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Business Overview

- Office spaces in a well-established business center located in the financial heart of Quito.

- Situated in one of the best financial neighborhoods in Quito, offering a prime location for businesses seeking a prestigious address and access to the city's commercial hub.

- The company offers a comprehensive range of business space solutions, including individual offices, virtual offices, meeting and training rooms, commercial addresses, dedicated telephone support, and reception services.

- Additionally provide coworking spaces, catering to diverse business needs.

- The office space is occupied 30% by permanent clients and 45% by occasional clients, the rest is vacant.

- There are 20 occasional and 15 permanent clients.

- Accommodates clients on a monthly rental basis as well as on a day/hourly basis, showcasing flexibility in meeting diverse client requirements.

- With 15 years of industry presence, the business is well-established and has witnessed the industry's growth, particularly attributed to the rising trend of hybrid work models. This trend presents a significant opportunity for the business to capitalize on a large office, thus providing additional income and a great business future.

Products & Services Overview

Services include:

- Individual offices.

- Virtual offices.

- Meeting and training room.

- Commercial address in the financial center of Quito.

- Custom local phone number.

- Dedicated telephone support.

- Reception Delivery of Documents.

- Receiving visits for clients.

- Coworking.

Clients are small and medium sized businesses from various sectors such as IT, marketing, tech etc.

Assets Overview

Physical assets include property, 2 offices, parking space, furniture, and equipment.

Intangible assets include website and commercial name duly registered.

Facilities Overview

Own office spaces of 2 - 180 sqm with 30 people capacity each.

Also 2 parking spaces, reception area, individual workstations, meeting rooms.

Location is Ed. Centro Financiero.

Capitalization Overview

The business is self funded. We own the property and finance the operation from clients´ monthly payments.

Property has no mortgages.

Sole proprietorship business.

Recent Activity
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
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1 Buyer contacted this Business this week.
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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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