Zero Debt, EBITDA 20%: Scott.Weber Proves the Business Case for Investing in Flex Workspace

Can flexible workspace become an established asset class for investors, alongside hotels, retail and other commercial real estate sectors? Scott.Weber Workspace, the largest flexible workspace operator in the Czech Republic, offers an interesting case study. With a 40% market share, 17 locations and approximately 75,000 sqm under operation, the company has grown organically and through acquisitions, while maintaining a debt-free approach and consistent EBITDA margins of around 20%. In this episode, Jean-Yves Huwart, founder of Coworking Europe, speaks with Adam Zvada, founder and CEO of Scott.Weber, about how the company built a profitable business over 15 years and why flexible workspace is becoming increasingly attractive to investors. Adam explains how financial discipline, careful investment decisions and a focus on premium services have supported Scott.Weber's growth. He also discusses the company's transition from providing office space to delivering a broader hospitality and lifestyle experience. With plans to expand to 21 locations and nearly 80,000 sqm, Scott.Weber is also exploring new partnerships with landlords, including management agreements, as part of its next growth phase. In this episode, we discuss: How Scott.Weber grew without debt while maintaining approximately 20% EBITDA margins The company's expansion to 17 locations and 40% market share in the Czech Republic Why financial discipline and consistent profitability matter to investors How hospitality, customer care and lifestyle services create additional value Why premium workspace operators are attracting investor interest What makes flexible workspace an increasingly credible investment opportunity The different investor profiles interested in the sector, from private equity to strategic and hospitality investors How management agreements can support expansion and partnerships with landlords Why Adam sees Scott.Weber as a hospitality company rather than a traditional real estate operator Can profitable flex workspace operators become an attractive investment asset class? And what can other operators learn from Scott.Weber's approach to growth and profitability? 🎙️ Adam Zvada will also be speaking at Coworking Europe 2026 in Paris, joining the discussion on investment opportunities in the flexible workspace industry. 🌍 Coworking Europe is the voice of Europe's flex and serviced workspace industry, delivering news, insights, podcasts, reports and interviews throughout the year: https://coworkingeurope.net/ 🎟️ Join 500+ industry leaders at Coworking Europe 2026 in Paris, November 5–6, for two days of discussions on the future of coworking, flexible workspace and commercial real estate. https://coworkingeurope.net/conference/ 🎙️ Hosted by Jean-Yves Huwart, founder of Coworking Europe. #ScottWeber #Coworking #FlexibleWorkspace #RealEstateInvestment #CoworkingEurope