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Business for Sale

Listing #S127518

Tennessee Executive Suites Business

Significant Market Advantages For Sale

This is an opportunity to buy a business that provides high quality and cost-efficient executive suite services to professionals.

Industry consideration: Demand for executive suites has increased as companies seek to mitigate risk during uncertain economic times.

Company considerations: The company enjoys skilled, loyal human resources and a diverse client base. The current owner spends approximately 20-30 hours per week performing high-level management/strategic functions and is willing to work in a variety of capacities after the sale to ensure a smooth, successful transition.

Revenues have averaged approximately $1.4 million in recent years with the Company enjoying profitability in each year. Furthermore, an additional high-margin revenue stream, virtual office services, has seen particular growth recently throughout the industry and represents a strong potential for future growth while diversifying the Company services offering.

The owner is receptive to structuring a deal based on a combination of cash, seller note and earn out.

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Primary Business Category: Rental & Leasing Services (SIC 73, NAICS 531)
Secondary Business Category: Services - Business (SIC 73, NAICS 561)
Location: Tennessee
Metropolitan Area: Not Disclosed
Listed by: An Intermediary
 

Financial Information

Gross Revenue: $1,400,000 Asking Price: $850,000
Current Year Projected Revenue: Not Disclosed FF & E (included): Not Disclosed
EBITDA: $200,000 Inventory (included): Not Disclosed
Current Year Projected EBITDA: Not Disclosed Real Estate (included): Not Disclosed
Profitable: Not Disclosed Transaction Sought: Not Disclosed
Business Type: Not Disclosed Payment Requested: Not Disclosed
Financials: Not Disclosed Seller Financing Available: Not Disclosed
 

Company Information

Year Established: Not Disclosed Home Based: Not Disclosed
Number of Employees: Not Disclosed Franchise: Not Disclosed
Management: Not Disclosed Distressed: Not Disclosed
Non Compete Agreement: Not Disclosed Relocatable: Not Disclosed
Reason for Sale: New Opportunity
Fiscal Year End: Not Disclosed
Ownership: Not Disclosed
Contact Seller E-Mail Listing Print