About Le Village Franchise
Le Village is a coworking franchise designed specifically for parents, combining flexible workspace with on site childcare in a single location.
The concept targets working parents ages 25 to 45 who need a productive environment without sacrificing proximity to their children, filling a growing niche in the remote work economy.
The initial franchise fee is $38,000 for a leased location or $46,000 for a purchased space.
Le Village Franchise Cost & Fees
| Fee Type | Amount | Notes |
|---|---|---|
| Initial Franchise Fee | $38,000 to $46,000 | One-time payment upon signing |
| Royalty Fee | 4% of Gross Revenues of gross sales | Ongoing; paid monthly |
| Marketing/Ad Fund | $25 per week, up to 2% of Gross Revenues, capped at $1,200 per month | National brand fund |
| Total Investment Range | $213,500 – $326,100 | Includes build-out, inventory, working capital |
The investment range of $214K–$326K reflects variability in build-out costs, store size, lease terms, and market. The combined royalty (4% of Gross Revenues) and marketing fee ($25 per week, up to 2% of Gross Revenues, capped at $1,200 per month) are ongoing costs paid as a percentage of gross sales.
Investment Breakdown (Item 7)
| Item | Low | High |
|---|---|---|
| Initial Fee (Note A) | $38,000 | $46,000 |
| Travel & Living Expenses While Attending Initial Training | $2,500 | $4,000 |
| Rent & Security Deposit (3 Months) (Note B) | $15,000 | $20,000 |
| Leasehold Improvements (Note C) | $70,000 | $125,000 |
| Equipment (Note D) | $12,000 | $15,000 |
| Furniture, Office Equipment & Software | $18,000 | $20,000 |
| Signs | $500 | $1,000 |
| Licenses | $200 | $600 |
| Grand Opening (Note E) | $300 | $500 |
| Marketing & Marketing Fee (3 months) (Note F) | $7,500 | $10,000 |
| Insurance (Note G) | $4,500 | $6,500 |
| Legal Fees (Note H) | $1,000 | $1,500 |
| Opening Inventory of Supplies | $4,000 | $6,000 |
| Additional Funds (3 months) (Note I) | $10,000 | $20,000 |
| Miscellaneous Costs / Runway (Note J) | $30,000 | $50,000 |
Additional Fees (Item 6)
| Fee Type | Amount |
|---|---|
| Transfer Fee | $7,500 (or $500 for transfers to entities with identical ownership) |
| Renewal Fee | Up to 1/3 of the then-current Initial Fee |
| Audit Fee | 1.5% per month interest on underpayment (plus audit cost if underreporting is 3% or more) |
| Additional Training | Approximately $500 per person |
| Local & Cooperative Marketing | Not to exceed 2% of Gross Revenues or $1,200 per month, whichever is less |
| Profits on supplies or equipment | Variable, not to exceed 20% of Your cost |
| Evaluation of a Proposed Vendor | Our costs in evaluating the proposed vendor |
Training Program (Item 11)
| Detail | Information |
|---|---|
| Total Duration | Approximately 40 to 80 hours in length, or approximately two weeks. |
| Classroom Training | 99 hours |
| On-the-Job Training | 149 hours |
| Training Location | Our Chicago, Illinois training center and/or at Your Le Village Cowork Franchise business(es). |
| Additional Training | Franchisor may require Franchisee and Franchisee’s manager and employees to complete additional training at a location determined in Franchisor’s sole discretion. Franchisee shall pay Franchisor’s usual fee(s) for such mandatory training. |
Territory Rights (Item 12)
| Detail | Information |
|---|---|
| Territory Type | Exclusive |
| Exclusive Territory | Yes |
| Territory Size | Not less than 25,000 people (for New York franchisees). |
| Description | The geographic boundaries shown in the map (all geographic boundaries shall be as they exist on the date of this Agreement). Territories may be described by ZIP codes, municipal boundaries, or other geographic designations, and may include a map or legal description. |
Renewal, Termination & Transfer (Item 17)
| Detail | Information |
|---|---|
| Initial Term | 5 years |
| Renewal Term | another term |
| Renewal Fee | Up to 1/3 of the then-current Initial Fee |
| Renewal Conditions | Be in good standing with Us, sign new agreement, update or replace equipment as required, retain Premises, give 12 months notice and pay a fee of not more than 1/3 of the then-current Initial Fee. |
| Transfer Fee | $7,500 (or $500 for transfers to entities with identical ownership) |
| Transfer Conditions | You are current in all fees to Us; You are not in material breach of the Agreement; You have paid all debts of Your business; new Franchisee signs release of claims against Us for representations You made; You sign a mutual termination and release of the Agreement; We receive transfer fee ($7,500); new Franchisee signs the then-current form of Agreement (except preserving Your financial terms for balance of Your term); new Franchisee qualifies; new Franchisee successfully completes initial training program; new Franchisee obtains rights to Your Premises lease, if applicable; and We receive 30 day right of first refusal. The fee to transfer to an entity with identical ownership is $500. |
| Termination for Cause | You have 72 hours to cure: failure to pay Us or Our affiliate or another Le Village Cowork franchisee; unauthorized assignment; abandonment (even if unintentional); You become insolvent; failure to pay any taxes before delinquent; sublicensing of Marks; impasse among owners of Franchise; refusal to permit an audit; violation of any law or rule (including any health codes, rules or regulations); conviction of a felony; failure to operate properly using the Marks; unethical or dishonest business dealings; failure to maintain insurance; failure to timely deliver estoppel certificate; or termination of any other agreement between You and Us for cause. You have 30 days to cure any breach of the Agreement for which the Agreement does not specify a shorter period. |
| Non-Compete Period | 24 months |
| Non-Compete Details | For 24 months, You must not compete with Us within 20 miles of the boundaries of Your Territory, solicit or divert any of Our customers or vendors or customers or vendors of any other franchisee, disclose any trade secrets, or solicit or hire any of Our employees, former employees or franchisees. For 24 months, You will not be employed by or in business with any person or entity that does any of those things. |
Operations & Supply (Items 8 & 15)
| Detail | Information |
|---|---|
| Owner-Operator Required | No |
| Participation Details | You must either devote Your full time and effort to managing and operating the Le Village Cowork Franchise or delegate its management or operation to a responsible person. You must reserve and exercise ultimate authority and responsibility over operation and management of the Le Village Cowork Franchise. If You delegate management and operation to a manager, the manager must first successfully complete Our initial training program within sixty days after assuming the role of manager. If You are a corporation or other entity, each owner must personally guarantee the Agreement and the entity must designate a competent manager. We do not require the designated manager to be an equity owner of the franchised business. |
| Required Suppliers | You must purchase from Us or a supplier We approve certain equipment, supplies and inventory necessary to start or operate the Le Village Cowork Franchise. |
| Supply Restrictions | You must purchase from Us or a vendor We approve all items used to start or operate Your business that contain or bear the Marks. All items that You purchase from approved suppliers must meet Our specifications. This includes advertising and marketing materials, forms, and promotional items. In addition, You must purchase the signs used to identify the Le Village Cowork Franchise(s) and Premises from a vendor We approve. We reserve the right to approve or disapprove vendors at our sole discretion. |
| Franchisor Revenue from Suppliers | Neither We nor our affiliate derived any revenue from vendors based on required purchases or leases by franchisees made in accordance with Our specifications. We expect to receive rebates, discounts and allowances from some vendors, ranging from zero percent to as high as fifteen percent of the amount of your purchase of certain items. These monies will be placed in the National Marketing Fund or a separate fund for franchisee conferences and incentive programs. |
Financing (Item 10)
| Detail | Information |
|---|---|
| Financing Available | No |
| Description | We do not offer direct or indirect financing. We do not guarantee your note, lease or obligation. |
Le Village Franchise Earnings — Item 19
Le Village does not include an Item 19 financial performance representation in their FDD. Contact information for current and former franchisees is listed in Item 20 of the FDD.
Le Village Litigation & Risk Flags
Litigation and bankruptcy data is sourced from Items 3 and 4 of the FDD. Always verify current status directly from the most recent FDD.
Le Village System Growth
Le Village currently operates 2 franchised locations and 1 company-owned units. Unit count data is sourced from Item 20 of the FDD.
Unit History (Item 20)
| Year | Opened | Closed | Total |
|---|---|---|---|
| 2022 | 0 | 0 | 1 |
| 2023 | 1 | 0 | 2 |
| 2024 | 1 | 0 | 3 |
Transfers: 0 | Closures: 0
State Registrations
Registered in 4 states: IL, IN, MI, WI
Le Village Franchise — FAQ
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