Neighborhood space, convenient location along Milwaukee with affordable parking options, close to dining options. Easygoing building owner who has been understanding throughout the pandemic. Turnkey, minimal management required.

At a glance

Last 12 Months' Income$80,000
Last 12 Months' Expenses$54,000
Annual Net Profit$26,000
Included Assets$10,000
Growth Trajectory Stable
Years in Operation5+ years
Daily OperationsUnstaffed
NeighborhoodDowntown
Remaining Time on Lease Lease 0-5 years
Q Key facts

Most tenants have been here for 2+ years, and are almost always from the immediate neighborhood. There are multiple healthcare providers who have resilient business models, unaffected by mandated shutdowns.

Q Day to day operations

Besides cleaning, we stock coffee, paper, and toner, and replace broken furniture when necessary. It is entirely private offices and each occupant tends to keep to themselves.

Q Marketing

We use our website as our primary sales funnel. However we have signage in the windows along a major corridor that has thousands of views every day (Milwaukee & Paulina.)

Q Financials

Monthly profit range from $2,000 to $2,500 on revenue of $5,000 to $6,800, on account of the building owner scaling rent depending on revenue.

Q Suggestions for growth

The space is in need of a refresh.

Q About me

I've been designing / building / operating coworking spaces since 2007. I am ready to move on from this in light of changing life circumstances.

Asking Price $22,000 0.5x multiple

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