Perryville Business Centers

lynn-martz1 "The best thing about sharing executive office space is the ability to network and share best practices with other professionals in the same office. Particularly in this market environment.”   Give us a call today!  815-877-3707
   - Lynn Martz, Center Manager

 


You are here: Home Advantages Traditional VS PBC Space

Traditional VS PBC Space

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THE FOLLOWING TABLE ILLUSTRATES AN APPROXIMATE REAL COST ASSOCIATED WITH A TRADITIONAL OFFICE SPACE FOR ONE USER OF ABOUT 1,000 SQUARE FOOT VS. AN EXECUTIVE SUITE AT PBC OF ABOUT 250 SQUARE FOOT.

UP FRONT COSTS
TRADITIONAL
PBC
Cost of Build Out ( Est $60/sf - $25/sf TI )
$35,000
Security Requirements (Refundable)
$4,500
$1,900
FURNITURE
Reception Station
$4,000
 
Meeting Room (10 chair )
$5,000
 
Individual Office Furnishings
$15,000
 
OFFICE EQUIPMENT
 
VoIP Phones ( 2 Basic )
$650
 
Multi - Function Copier / Scanner / Fax
$300
 
Other Office Equipment
$500
 
Setup Fees (Broadband, etc.)
$300
$395
Security System
$2,000
 
Staff Recruiting (12%)
$4,200
 
  
$2,295
UP-FRONT CAPITAL SAVINGS
$69,155
 
ON-GOING ANNUAL EXPENSES
TRADITIONAL
PBC
Rent Expense
$22,000
$22,800
Utilities
$14,640
Phone Service; Internet Access with Router/Switch/Hosting
$18,000
Office Security
$240
Office Staff with Benefits
$30,000
Temp Agency Expense
$3,600
Other (Office Supplies, Catering, etc.)
$2,400
$2,280
Repairs and Maintenance
$1,200
Coffee and Beverage Service
$1,800
Equipment Rental: Copier/Fax/Scanner
$3,667
 
TOTAL ON-GOING EXPENSE
$97,547
$25,080
Annual Percentage Savings
74%
Annual Recurring Savings
$72,467

* Costs are based on pricing gathered in August 2006. Subject to change due to market demand.

Last Updated ( Tuesday, 15 December 2009 15:28 )  

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Address:  6957 Olde Creek Road

         Suite 2300, Rockford, IL 61114

Tel:   815.877.3707

Fax:  815.636.3551

Email:  info@perryvillevos.com

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