Unmanned coworking booths near JR Ueno Station, Tokyo

What is for sale

This is a fully unmanned coworking business on one floor of an office building near JR Ueno Station, offering six soundproofed single-person work booths rented by the hour. It opened at the end of 2023 and has run profitably for multiple consecutive years, serving business travellers, remote workers and people needing private space for online meetings or interviews. The owner is selling to refocus resources on other ventures, including whole-building real estate investment, and says the business is being handed over in a stable, steadily profitable state.

Because this is an asset sale, the buyer takes over the equipment and operating know-how but must sign a new lease with the building owner and pass the guarantor company's screening, rather than inheriting an existing company or contracts automatically.

What is included

• Six soundproofed work booths (full ownership of the units)
• Desks, chairs, lighting and ventilation fans for all six booths
• Smart lock entry system, security cameras and router/network equipment
• Listings and reviews on Spacemarket, Instabase and JR East's Station Work platform
• Option to continue the existing outsourced operations contract (10% of revenue)
• Operating know-how and business rights (営業権)

Strengths (as the seller states them)

• Prime location within walking distance of Ueno Station, a major Shinkansen, JR and subway hub, giving steady demand from travellers and local workers
• Six-booth setup allows up to six simultaneous bookings, reducing lost sales from fully booked slots or maintenance downtime
• Multiple consecutive years of profit, with 2025 operating profit around ¥1.38 million and 2026 tracking at roughly ¥850,000 to ¥1.25 million
• Low fixed-cost structure, with one monthly rent of ¥130,000 covering space for all six booths, and full automation meaning no on-site staff are needed, suitable for remote or side-business ownership

Wrinkles a careful buyer would ask about

• Buyer must either have the building lease transferred into their name or sign a new lease on the same terms, and pass a guarantor company's screening
• Security deposit and guarantee money settlement terms are still to be negotiated with the building owner
• Business currently depends on a third-party operations contractor (10% of revenue); buyer can keep this or take over daily operations themselves
• Net assets and detailed financials are not disclosed publicly, visible only to registered members
• External platform accounts (Spacemarket, Instabase, Station Work) may be subject to each platform's own transfer rules, which the operator warns must be checked carefully during negotiation

Paying for it

If you stay overseas. No Japanese bank will lend to a new company whose director lives abroad. The realistic stack is your own cash plus asking the owner to take part of the price over 2 to 3 years. That one question is in every Deal Pack.

If you move to Japan. On a visa that lets you run a business, Japan Finance Corporation lends up to ¥72M at about 1 to 2 percent for exactly this. Once you have a Japanese company, the government pays two-thirds of due diligence and registered-broker costs, up to about ¥8M (round 16 closes 6 Nov 2026). You start a bank relationship from zero.

What this listing says. The asking price of ¥5.8 million is negotiable; the buyer will need to separately arrange a new lease or lease transfer for the office space (¥130,000/month plus service charges) and pass the landlord's guarantor screening, with deposit and key money settlement still to be agreed, and may choose to keep paying the existing operations contractor 10% of revenue or take over operations themselves.

Full rundown, with the catches: japandealflow.com/money