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Rental/Leasing Business For Sale in Whitby, ON (Listing ID: 3696)

Rental/Leasing
UNAVAILABLE
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Rental/Leasing
UNAVAILABLE

Professional Office Rental & Business Services Centre

Pre approved for financing. We help buyers get financing with a minimum of 5% cash required.

The business has $500k of assets included in the sale price.

The current owner has built a turn key opportunity that runs like clockwork with key staff in place.

This business can be run remotely.

Current owners have invested over $450,000 in structural build outs which the new owners will benefit from.

Rental offices are at 98% capacity and 100% recurring rental revenue with both short term and long term leases. This category of business has little risk for new owners.

Lease in place for further 5 years with option for 5 year renewal as well as right of first refusal on the building.

This business has multiple opportunities to grow revenues and profits earmarked by the current owner - ready to be implemented by the new owners.

The demand for flexible office space is on the rise and this business is perfectly positioned to capitalize on the growing trend of remote work and entrepreneurship.

The business is in a prime location with an abundance of parking and in a high growth community.

The current owners will stay on for full training to ensure a successful handover.

$1,200,000 CAD

Whitby, ON Rental/Leasing Business For Sale Details

Independent

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