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Co-Working Operator With A Freehold Building In London
London, Greater London, LondonIdentity protected
Available
About this business
Co-working operator in London, running shared desks, private studios and event space from a freehold building on an industrial estate since 2013, with 41 staff. Its members are mostly makers, start-ups and creative firms. Turnover has grown every year, from £4.24m in 2021 to £6.7m, and EBITDA is £655k, a margin of about 10%. The asking price of £3m is close to net assets of £2.95m, which include the building, which means the price is largely covered by the balance sheet.
Key investment highlights
- Freehold building in London
- Turnover up 58% since 2021
- Asking price close to net assets
- Team of 41
Reason for sale
The founders are moving on to a new venture in hospitality.
Nothing flagged on the two questions buyers ask first
No flagRevenue 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 directionNo flag
Turnover rose +10.7% in 2026.
- 2021: baseline
- 2022 (+11.0%)
- 2023 (+7.7%)
- 2024 (+9.0%)
- 2025 (+9.6%)
- 2026 (+10.7%)
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.
EBITDA margin narrowed from 12.8% in 2021 to 9.8% in 2026.
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.