What Are the Startup Costs?
Estimated franchise costs begin around $300,000 plus, including landlord costs.
Why would I want to become a franchisee with The Work Lodge?
If you love business and entrepreneurship, appreciate the stability of recurring revenue, and thrive building business to business relationships then our franchising program is a perfect fit. Scalable, professional, and incredible, we’ve carefully developed a brand and system that allows you to work in the business daily if you want to, or detach from the daily grind and hire a management team. You’ll be creating an entrepreneurial environment that you too can enjoy and work within, building new business relationships, and uncovering even more opportunity through the people you serve.
What’s the advantage of The Work Lodge franchise model?
By 2020 there will be three and a half million U.S. businesses with four employees or less according to the Small Business Administration...
It’s not just small business that can benefit from an alternative workspace. Larger corporate clients are recognizing the cost savings...
The Work Lodge’s business model — which provides a combination of private office suites, coworking and flexible shared workspaces...
We build in suburban and downtown locations so that no matter where someone is, they’ll always have access to our incredible workspaces...
COST AND FEES
IT JUST MAKES SENSE.
The financial ability to start a Work Lodge franchise. Startup costs vary based on the type of location selected, size etc., however, we estimate the numbers needed to be as follows: $300,000 and up + Landlord driven expenses. You’ll need approx. $250,000 (per unit) in liquid capital and a net worth of $500,000 (per franchise unit) to get started.
We’re a coworking company 1st, franchising company second. It's important, because this is what we do, this all we do, and we do it really well.
"After operating my business at The Work Lodge, I have seen consistent growth month after month, and I'm treated like family. When I discovered the opportunity to franchise with them, I jumped on it. It's an incredible business model and an even more incredible group of people behind it."