Business & Space Overview
Pre-Covid profitable, this space has weathered the Covid downturn through a combination of loyal members, virtual service offerings and cost control. As we emerge from Covid, there is now huge upside opportunity to return the space to its former glory and beyond. We are already seeing a substantial uptick in meeting room rentals and membership interest.
Highly desirable location in the retail core of suburban Walnut Creek (San Francisco East Bay Area). Historical membership comprised of business owners, entrepreneurs, freelancers and consultants. We are now beginning to see an influx of remote employees not eager to return to the San Francisco commute, but looking for alternatives to the home office.
Financial figures provided are based on 2019 pre-covid revenues. Full financials will be provided to an interested buyer. Landlord has shown a willingness to renegotiate current lease terms. Asking price is less than value of current assets and buildout.