About SUCCESS Space Franchise
SUCCESS Space is a coworking and shared workspace franchise backed by the SUCCESS brand, which has been a respected name in personal development and entrepreneurship media for over a century.
Each location offers private offices, coworking memberships, meeting rooms, and community events in a professional environment designed for freelancers, remote workers, and small business owners.
The brand has been franchising since 2021 under Success World Holdings, LLC.
SUCCESS Space Franchise Cost & Fees
| Fee Type | Amount | Notes |
|---|---|---|
| Initial Franchise Fee | $45,000 | One-time payment upon signing |
| Royalty Fee | The greater of 6% of the preceding month’s Gross Sales and $1,000 per month of gross sales | Ongoing; paid monthly |
| Marketing/Ad Fund | 1% of the preceding month’s Gross Sales | National brand fund |
| Total Investment Range | $430,500 – $747,500 | Includes build-out, inventory, working capital |
The investment range of $431K–$748K reflects variability in build-out costs, store size, lease terms, and market. The combined royalty (The greater of 6% of the preceding month’s Gross Sales and $1,000 per month) and marketing fee (1% of the preceding month’s Gross Sales) are ongoing costs paid as a percentage of gross sales.
Investment Breakdown (Item 7)
| Item | Low | High |
|---|---|---|
| Initial Franchise Fee | $45,000 | $45,000 |
| Training Fee | $5,000 | $5,000 |
| Grand Opening Program | $15,000 | $15,000 |
| Architectural Services | $7,500 | $17,500 |
| Leasehold Improvements and Construction Costs | $125,000 | $265,000 |
| Construction Management | $12,500 | $16,500 |
| Furnishings, Fixtures and Standard Equipment | $48,000 | $125,000 |
| Signage & Graphics | $7,500 | $12,500 |
| Computer, Software & Point of Sale System | $16,500 | $21,500 |
| Low Voltage Cabling, Sound System, Security, Access and AV design, acquisition and install | $32,500 | $47,500 |
| Rent & Utility Deposits | $5,000 | $15,000 |
| Deposits, Business Licenses | $2,500 | $4,000 |
| Professional & Legal Fees | $7,500 | $20,000 |
| Inventory | $6,000 | $10,500 |
| Insurance | $5,000 | $7,500 |
| Additional Funds | $90,000 | $120,000 |
Additional Fees (Item 6)
| Fee Type | Amount |
|---|---|
| Transfer Fee | $25,000 |
| Renewal Fee | 35% of then-current Initial Franchise Fee |
| Technology Fee | $1,650 |
| Audit Fee | Cost of Audit, plus late fees |
| Grand Opening Program Expenditure | $15,000 |
| Local Marketing Cooperative Fee | Currently, 0% of Gross Sales, but if established, not more than 1% of the preceding month’s Gross Sales |
| Additional Training/Assistance | Our then-current fee for such assistance, plus expenses |
| Interest Charge | 2% per month or maximum rate permitted by law, whichever is less |
| Late Report Charge | $50 per day |
| Indemnification Costs | Varies |
| New Product and Vendor Testing | Will not exceed our reasonable cost of the inspection and the actual cost of the test paid by you or the supplier. |
| Reimbursement of Insurance | Cost of obtaining coverage |
| Annual Conference | Varies |
Training Program (Item 11)
| Detail | Information |
|---|---|
| Total Duration | 60 hours (20 hours Pre-Training, 16 hours Classroom Training, 24 hours On-the-Job Training) |
| Classroom Training | 16 hours |
| On-the-Job Training | 24 hours |
| Training Location | Combination of virtual, franchisor's training center, and Orlando, Florida facility. |
| Additional Training | Ongoing training is provided, and franchisees' Principal Trainees and other designated individuals may be required to attend refresher courses, seminars, and other training programs, up to five days annually. |
Territory Rights (Item 12)
| Detail | Information |
|---|---|
| Territory Type | Non-exclusive |
| Exclusive Territory | No |
| Territory Size | Determined based on several factors including population, demographic analysis, number of potential home-based workers, new business start-ups, and retail businesses in the area. |
| Description | The Designated Marketing Area is determined based on several factors including the population, demographic analysis, the number of: (1) potential home-based workers, (2) new business start-ups and (3) retail businesses in the area. We may identify the Designated Marketing Area by contiguous zip codes, street boundaries, city boundaries or county boundaries. The franchisor retains rights to advertise, promote, operate, and authorize others to operate Success Spaces within the Designated Marketing Area at 'Limited Access Locations' (e.g., hotels, hospitals, universities, office buildings, etc.) and to offer/sell products/services outside the DMA. |
Renewal, Termination & Transfer (Item 17)
| Detail | Information |
|---|---|
| Initial Term | 10 years |
| Renewal Term | 10 years |
| Renewal Fee | 35% of then-current Initial Franchise Fee |
| Renewal Conditions | No default under existing agreement, timely notice (12-18 months in advance), sign then-current form of Franchise Agreement (which may have materially different terms and conditions, including higher fees and modified DMA), sign general release, meet all monetary obligations, refurbish/remodel/renovate to current specifications, remain in possession of premises or obtain approval for new location, complete additional training. |
| Transfer Fee | $25,000 |
| Transfer Conditions | Comply with current Transfer policies, provide all requested information/documents, transferor executes general release, transferee designated as owner and agrees to be bound by agreement terms, new owners meet educational/managerial/business standards, possess good moral character/business reputation/credit rating, have aptitude/ability to operate, Principal Owner/Designated Managers complete Initial Training Program, have adequate financial resources/capital, proposed Transfer does not negatively impact future viability, upgrade Franchised Business to current standards if change of control, all monetary obligations paid in full, transferor remains liable for pre-transfer obligations, transferor certifies provision of true/complete/accurate financial information to transferee. |
| Termination for Cause | Franchisor may terminate for various causes, including: failure to cure defaults within 30 days (5 days for monetary defaults), danger to health or safety, bankruptcy, felony conviction, repeated violations, unsatisfied judgments, failure to obtain site approval, failure to construct/equip to standards, failure to complete training, abandonment of business, loss of premises, fraudulent conduct, unauthorized transfer, false books/records, misrepresentation/fraud, failure to pay suppliers/third parties, unauthorized use of Marks, or failure to comply with laws. |
| Non-Compete Period | 2 years |
| Non-Compete Details | During the term of the franchise, you cannot divert business to a competitor or operate any 'competitive business' (deriving >25% revenue from co-working/flex-space services) anywhere in the United States. After termination/expiration, for 2 years, you cannot operate a competitive business within the Designated Marketing Area or within 5 miles of any other existing Success Space, solicit former customers, or perform acts injurious to goodwill. |
Operations & Supply (Items 8 & 15)
| Detail | Information |
|---|---|
| Owner-Operator Required | Yes |
| Participation Details | Unless consented to in writing, the Principal Owner or Designated Manager is required to participate personally in the direct operation of the franchise. The Principal Owner must have at least 20% equity ownership and supervise day-to-day operations. A full-time Success Business Coach must be hired and employed by the franchisee. |
| Required Suppliers | Franchisees must purchase designated services and products only from approved suppliers. These include fixtures, furniture, furnishings, equipment, computer software and audio-visual systems, interior and exterior signage, graphics, décor, general contractor services, architect services, audio-visual installation services, music and music video services, food products for the Café, all fountain and bottled beverages, advertising, point-of-purchase materials, printed promotional materials, stationery, contracts, forms, bags, packaging, supplies bearing Marks, and insurance. EXP Commercial is a designated supplier for real estate consulting services. Franchisees must license and use Success Spaceware, the proprietary franchise management software, for which the franchisor is the designated supplier. |
| Supply Restrictions | The franchisor has the right to appoint only one manufacturer, distributor, reseller, and/or other vendor or supplier for any particular good or service, and may designate itself or an affiliate as the only, or one of a limited number of, suppliers for any goods or services. Success Spaceware and EXP Commercial real estate consulting services are designated sole suppliers. |
| Franchisor Revenue from Suppliers | May earn revenue or rebates from franchisee purchases, but had no revenue from this source in 2020 as the company was formed in 2021. |
Financing (Item 10)
| Detail | Information |
|---|---|
| Financing Available | No |
| Description | Neither the franchisor nor any of its affiliates currently offer, directly or indirectly, any financing arrangements to franchisees. They do not guarantee franchisee notes, leases or other obligations. |
SUCCESS Space Franchise Earnings — Item 19
SUCCESS Space 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.
SUCCESS Space 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.
SUCCESS Space System Growth
SUCCESS Space currently operates 0 franchised locations and 0 company-owned units. Unit count data is sourced from Item 20 of the FDD.
Unit History (Item 20)
| Year | Opened | Closed | Total |
|---|---|---|---|
| 2018 | 0 | 0 | 0 |
| 2019 | 0 | 0 | 0 |
| 2020 | 0 | 0 | 0 |
Transfers: 0 | Closures: 0
State Registrations
Registered in 14 states: CA, HI, IL, IN, MD, MI, MN, NY, ND, RI, SD, VA, WA, WI
Franchisor Financials (Item 21)
Audited by Citrin Cooperman & Company, LLP for year ending December 31.
SUCCESS Space Franchise — FAQ
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