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Co-Working And Studio Space On A Leased Site In Bristol
Bristol, Bristol, South WestIdentity protected
Available
About this business
Co-working and studio space on a Bristol industrial estate, trading since 2007 on a lease, with a team of 4. It lets desks, studios and storage to creative and small businesses. Turnover has fallen gradually from £708k in 2021 to £630k, and EBITDA is down 9% to £181k. The margin is still high at about 29%, because the team is small and costs are stable. A buyer should check the head lease length and how much space is let today.
Key investment highlights
- Margin of about 29%
- Trading since 2007
- Team of 4
- Desks, studios and storage
Reason for sale
The owners are relocating to the Cotswolds.
One thing worth reading before you enquire
Worth a lookRevenue going backwards and one client being too much of it are the two things that end most deals in due diligence. Both are shown here up front, from the figures the seller supplied.
- Revenue directionWorth a look
Turnover is flat year on year but sits -11.0% below its 2021 peak.
- 2021: baseline
- 2022 (-0.7%)
- 2023 (-4.0%)
- 2024 (-0.9%)
- 2025 (-4.0%)
- 2026 (-1.9%)
- Peak 2021 to latest 2026: -11.0%
6 years of turnover, 2021 to 2026, as supplied by the seller.
- Client concentrationNot stated
The seller has not declared what share of revenue the largest clients represent.
No declaration supplied. Client concentration cannot be derived from accounts.
These are observations from the supplied figures, not a view on whether this business is worth buying. Nothing here predicts an outcome.
Computing valuation...
What happens next
Submit an enquiry to the seller. Once they approve it, you sign a non-disclosure agreement and gain access to the information memorandum, the financials and a secure deal room with the seller.