Coworking Space Investment
Breaking Down Our Coworking Franchise Cost
One of the primary benefits a coworking space investment instead of starting your own business from scratch is that we’ve taken a lot of the guesswork out of the entire process – and that starts with a comprehensive breakdown of the costs upfront. Let’s take a look at the dollars and cents: – the coworking space investment costs to join the Office Evolution family.
With more than 140 locations awarded and more than 70 in operation, we know a thing or two about how to stand up new franchisees from the very start. This means you can get a clearer view of the costs associated with your investment along with a clear path to your grand opening and a successful coworking franchise.
Coworking Space Investment Numbers at a Glance
Initial Coworking Franchise Cost and Total Investment Information
The initial coworking franchise investment fee is $49,500, which takes into account a number of expenses associated with onboarding and franchise training. This includes access to our resources, flights, hotel, and lodging for your initial training and a number of other ancillary expenses related to getting you off to a fast start.
There are many factors to take into consideration in terms of your overall investment, including your location and whether you are making your first investment, convert your office space or property, or even making a multi unit franchise opportunities investment. You can expect to spend anywhere from $400K to $1.3M, which includes your initial franchise fee of $49,500. This total investment number includes construction and remodeling costs, furniture and fixtures, technology and infrastructure investment, and more.
Why Liquid Capital is Required For Your Coworking Space Investment
As you most likely expected, there are many costs and factors to consider when opening a coworking franchise. We look for potential partners who are seeking to grow their wealth in the exciting coworking market, people who meet our financial requirements, and candidate profiles. Prospective franchisees must be financially capable of absorbing the costs associated with building up their business while simultaneously marketing their location and services. We likewise find a good financial fit where the partner has at least $175K in working capital.
Download the Office Evolution Franchise Brochure Today
Learn more about the opportunity, our unique niche within the coworking spaces category, and our core values.
We truly believe that we offer a franchise investment opportunity that stands out from the rest in the exciting coworking space. For more information, please reach out to us today!
