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This is an opportunity to buy a business that provides high quality and cost-efficient executive suite services to professionals.
Industry considerations - Demand for executive suites has increased as companies seek to mitigate risk during uncertain economic times.
Company considerations - The Company has two premier locations, whereas competitors generally have one location. The company also enjoys skilled, loyal human resources and a diverse client base built primarily upon referrals. 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 revenue stream has seen particular growth recently and represents a strong potential for future growth while diversifying the CompanyĆ??s services offering.