This proposal presents a unique opportunity for investors or entrepreneurs to acquire a thriving coworking space that capitalizes on the growing demand for flexible workspaces. Located in a prime area of Pune, the space boasts a proven track record of success, a loyal customer base, and modern amenities designed to cater to freelancers, remote workers, startups, and established businesses. With its community-driven environment and strategic location, this coworking space is poised for continued growth and profitability.
Business Overview
- Name of the Business: Co-Work 2Work
- Location: Bengaluru – Mumbai Highway, Baner, Pune, Maharashtra – 411045
- Type of Business: Co-working Space (Shared office space for freelancers, remote workers, and small businesses)
- Size: 21,481 Sq.ft (Salable area)
- Includes private offices, open desks, meeting rooms, lounge areas, and shared facilities.
- Established: 2018
- Current Total Seats: 325
- Current Occupied Seats: 180
- Revenue (2023-2024): Rs. 2,51,57,867.42
Facilities and Features
The co-working space is equipped with state-of-the-art amenities to meet the needs of modern professionals:
- Private Offices: Fully furnished offices for teams or individuals, complete with high-speed internet and storage.
- Dedicated Desks: Flexible desk spaces available for short-term or long-term rental.
- Meeting Rooms: Conference rooms with AV equipment for presentations and meetings.
- Event Spaces: Versatile areas for hosting networking events, seminars, and workshops.
- On-Site Amenities:
- High-speed internet
- Secure server rack
- Conference rooms
- Play zone (Table Tennis)
- Lounge areas
- Open terrace/balcony
- Coffee and canteen area
- 24/7 DG backup
- 24/7 CCTV surveillance
- Locker services
- Cleaning and maintenance services
- Parking for 2/4-wheelers
Market Opportunity
The demand for coworking spaces is on the rise, driven by the increasing number of remote workers, freelancers, startups, and small businesses. The shift towards flexible, cost-effective workspaces and the long-term trend of hybrid working make this an ideal time to invest in this sector. This coworking space is strategically located in Baner, Pune, a vibrant area with easy access to public transport, cafes, restaurants, and key business hubs, making it an attractive choice for professionals.
Why Invest?
- Established Business Model: The space has a proven operational structure, a loyal customer base, and a history of profitable revenue streams.
- Growing Demand: The demand for flexible workspaces is expected to grow, especially in urban areas like Pune.
- Prime Location: Situated in a high-traffic, easily accessible area, the space attracts a diverse range of customers.
- Potential for Expansion: Opportunities exist to expand through increased marketing, partnerships, and community events. Additional offerings, such as virtual offices or enhanced amenities, can further boost revenue.
- Community & Networking: The space fosters a strong professional community, providing networking opportunities and partnerships that add significant value to the business.
Financials
- Asking Price: Rs. 14,000 per sq.ft (Negotiable)
- Assets Included in the Sale:
- Fully furnished office spaces and equipment
- Customer database
- Interior design and furniture
- Revenue Streams:
- Membership fees
- Meeting room rentals
- Additional services (e.g., printing)