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SUCCESS Space Franchise Cost & Fees Opportunities

USA

Established

2021

Franchise Units

2

dollar

Minimum Investment

$468,650

dollar

Franchise Fee

$45,000

dollar

Total Investment Range

$1,442,150

Home Based

No

Description

In a world where the "traditional office" has been completely rewritten, SUCCESS Space emerges as the definitive answer to the hybrid work revolution. This isn't just another coworking brand; it is a multi-dimensional ecosystem designed specifically for the modern professional. By integrating three high-demand revenue streams—boutique coworking, a full-service gourmet café, and certified professional coaching—SUCCESS Space solves the isolation of remote work while providing the tools for genuine business growth.

As an affiliate of the iconic SUCCESS magazine, a brand with over 125 years of authority in personal and professional development, this franchise carries a legacy of prestige that few competitors can match. SUCCESS Space is strategically positioned to capture the suburban market, bringing high-end workspace and professional resources directly to the communities where people live. For the investor, this means a business model built on community, recurring membership revenue, and a reputation for excellence that precedes every new location opening.

Why Invest in this Franchise?

Investing in SUCCESS Space allows you to capitalize on the massive shift in how Americans work:

  • Diversified Revenue Streams: Unlike standard offices, you earn through coworking memberships, hourly rentals, café sales, and professional coaching services.

  • Brand Authority: Leverage the 125-year legacy of SUCCESS Enterprises to instantly build trust and credibility in your local market.

  • Suburban Growth Strategy: While competitors fight for expensive downtown real estate, SUCCESS Space thrives in suburban neighborhoods, meeting the demand of remote workers who want to "work from home, away from home."

  • High-Tech Infrastructure: Access to a proprietary metaverse for virtual collaboration and advanced booking apps keeps your business at the cutting edge of the industry.

  • Community Impact: You become a central hub for local entrepreneurs, small business owners, and corporate professionals, fostering a culture of achievement and networking.


Background

  • Established Year: 2021

  • Franchise Active Units: 2

  • Leadership: Driven by the vision of Glenn Sanford and a leadership team with deep roots in real estate and professional development.

  • Brand Journey: The brand evolved from the storied SUCCESS magazine, founded in 1897. Recognizing the modern need for a physical home for the "success-minded" community, the franchise was launched to bridge the gap between digital professional development and physical collaboration.

  • Market Presence: Headquartered in Texas, the brand is aggressively expanding across the United States, targeting high-growth suburban corridors.

  • Industry Category: Coworking, Business Services, and Hospitality.


  • Support Training

    SUCCESS Space provides a comprehensive roadmap to ensure you aren't navigating the business world alone:

    • Pre-Launch Support: You receive expert assistance with site selection, lease negotiations, and custom-designed architectural layouts optimized for productivity and flow.

    • Intensive Initial Training: A mandatory two-week program for Managing Owners. This includes roughly 36 hours of virtual training followed by hands-on instruction at the corporate headquarters.

    • Coaching Certification: Owners and staff undergo the SUCCESS Space Coaching Certification Program to deliver high-value business counseling to members, adding a unique value proposition to the space.

    • Marketing & Grand Opening: A robust pre-opening marketing strategy is implemented to build local hype, supported by national brand campaigns and digital assets.

    • Ongoing Operational Support: You receive regular audits, financial reviews, and updated marketing strategies to ensure your location remains competitive and profitable.


    Ideal Candidate

    The ideal SUCCESS Space partner is more than just a landlord; they are a community catalyst.

    • Business Background: Experience in real estate, retail management, or hospitality is highly valued but not strictly required.

    • Entrepreneurial Spirit: You should be a "connector" who enjoys networking and helping local business owners grow.

    • Investment Capability: Candidates must have the liquid capital and creditworthiness to manage a mid-to-high-level retail build-out.

    • Passion for Growth: A genuine interest in the personal development industry and the SUCCESS mission is essential for long-term satisfaction.

    • Location Preference: Focus on high-visibility suburban areas with a strong population of "white-collar" remote workers and small business owners.


    Financial Detail

    CategoryLower BoundUpper Bound
    Initial Franchise Fee$45,000$45,000
    Initial Training Fee$12,500$15,000
    Lease Deposit & 3 Months' Rent$40,000$100,000
    Leasehold Improvements & Construction$125,000$750,000
    Furniture, Fixtures & Equipment$48,000$185,000
    Technology Systems & AV$34,500$64,000
    Grand Opening Marketing$15,000$15,000
    Opening Inventory & Supplies$6,000$14,500
    Professional Fees (Legal, Business Licences)$10,000$24,000
    Working Capital (Additional Funds - 3 Months)$95,000$125,000
    Total Estimated Initial Investment$468,650$1,442,150



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