Profitable Premium Serviced Offices With 95% Occupancy For Sale

Description

Serviced Office Business for Sale in Abu Dhabi

Serviced office company with two sites in Abu Dhabi.

There are currently 109 contracted tenants and 114 units in total. Occupancy stands at 95.6%.

Business Overview

• 2 serviced office locations
• 114 total units
• 109 active contracted tenants
• 95.6% occupancy
• 14 parking spaces
• Debt-free according to the seller

Revenue Streams

Revenue comes from seven areas.

• Serviced offices
• Virtual offices
• Co-working spaces
• Meeting rooms
• Company formation services
• Parking spaces
• Referral commissions

Current Occupancy

Five offices are vacant at present.

The vacant offices are already part of the current setup and are ready to be let.

Marketing

The seller states that the company’s websites rank within the Top 3 on Google for relevant searches.

The websites generate regular inbound enquiries without relying only on paid advertising.

Operations

The business is fully operational and already has tenants, systems and revenue streams in place.

The seller reports that limited day-to-day involvement is required from the owner.

Financial Position

According to the seller, the company is debt-free and produces a positive annual net profit.

Financial records are available for review.

Further Information

Full financial documents and additional business details can be provided to qualified buyers after an NDA is signed.