Rental space office marketplace company in Europe for sale

• Revenue: > 2M EUR (more than 1M EUR recurring revenue)
• Investment amount required: 3-10M EUR
• Location of the Rental space office marketplace company: Europe
• Employees: > 25
• Reason for sale: The owners are looking for strong investors that want to invest in the company to grow its position in Europe
• #CFIE ITS133

The owners of a Rental space office marketplace company in Europe are looking for an investor to help them grow the business further across Europe. The company is a local leader of offering a market place for office space. Possible buyers or investors can be large European companies that have contact to many customers that have a requirement for temporary, external meeting space. The company has much potential to grow, it serves a large range of customers that need office spaces for various periods of time. The platform provided could be beneficial for clients from different countries, but the company needs more resources to build the necessary infrastructure.

The company built a platform that puts together professionals or companies looking for a workspace and property owners or office building developers that need their spaces to be rent. Professionals can choose from the following types of spaces depending their interests: flex workspaces, office workspaces, meeting rooms, consulting rooms, coach rooms, training rooms, event spaces. They have the option to pay either for the hour spent in that location either for the day. For each property they are informed of the venue facilities they have such as free parking, host or reception, wi-fi, catering services and sound systems. The properties can be at budget level or luxurious.

Organizations that have the need to book meeting and training rooms for the whole organization in various locations the company is offering its services by providing a complete overview of all bookings and costs associated enabling the companies to manage all of these situations. In one system can be found both the booker and the administrator functionalities allowing the big organizations to have visibility and control over all accounts, manage all bookings from one central account, streamline invoices and payments by creating a single general monthly invoice and to negotiate the best prices from one central administrator account.

Property owners on the other hand are invited to list their spaces on the platform and they have the chance to create an individualized online profile in order to be able to review, accept and manage their bookings. Due to this platform they can increase their visibility and attract new customers. The availability of the spaces is easy to administrate, the platform gives the option to property owners to synchronize their calendar with the platform in this way allowing to add new bookings or to block a space. Once a venue is booked by a client, the owner will be notified through e-mail. The system takes care of all the payments and invoicing due to an automated process that ensures the space owners that all payments are received. The company offers an all-in-one solution that allows venues owners to run their business in a simple and efficient way in order to streamline internal processes.

The company provides services such as:

• Online Booking
• Custom Invoicing
• Service Provider Integration

Tools:

• CRM & Communication Tools
• Calendar Management
• Business Insights
• Additional Exposure

• The company developed a platform that puts together office space seekers with property owners
• The company has created a system that permits its clients to make their activity more efficient
• The owners are looking for interested investors that want to grow the business