SUCCESS Space
Business & Professional Services · Coworking & Office Services
- Active units
- 0
Franchised, year-end 2023
About SUCCESS Space
SUCCESS Space is a pioneering brand offering innovative coworking spaces and services to help you achieve your personal and professional goals. Whether you're an independent worker or part of a larger project, SUCCESS Space is dedicated to your success. Our coworking offices are designed to provide maximum productivity and flexibility, catering to individuals and groups of all sizes. With various workspace options available, including shared workspaces of different sizes, private offices, comfortable seating, and even a podcasting studio, we ensure that you have everything you need to thrive. Additionally, our café and lounge offer a welcoming atmosphere where you can enjoy gourmet coffee, pastries, sandwiches, and more. But SUCCESS Space goes beyond just offering physical spaces. We also provide business coaching and support to help you reach your career and business goals. Join our waitlist today and start your SUCCESS Story with us!.
Key terms
- Local advertising
500.0% of Net Sales
- Area Representative Development Fee
$100k
- Veteran discount
Not offered
Brand Percentile Rankings
Rankings compare brands in the same operating year. Fee and investment figures come from the FDD (2024 filing).
Growth
- Total locations0
Franchised units open at year-end
- New openings0
Gross new units opened during the calendar year
- 1-year unit growth rate—
Net unit growth versus prior year
- 3-year unit CAGR—
Compound annual growth rate of unit count over the trailing 3 years
- Unit growth ratio0.0×
Cumulative opens / closures through year-end
Unit economics
- Annual unit volume (Median)—
Per FDD Item 19 disclosure
- Annual unit volume (25th percentile)—
Per FDD Item 19 disclosure
- Annual unit volume (75th percentile)—
Per FDD Item 19 disclosure
- 1-year Median AUV growth rate—
Year-over-year change in median AUV
- Store-level EBITDA Margin—
Median unit-level EBITDA / AUV
Investment profile
- Estimated initial investment$142k
Midpoint of estimated initial investment range
↓ Lower is better - Time to open2 months
Midpoint of average time from agreement to opening
↓ Lower is better - Royalty rate—
Percent of net sales paid to the franchisor
- Sales-to-investment ratio—
Median AUV / estimated initial investment midpoint
- Cash-on-cash returns—
Median unit-level EBITDA / estimated initial investment midpoint. Steady-state estimate; year 1 returns will be lower as the unit ramps to median volumes.
Franchisee healthLocked
- Unit closure ratio
- Transfer vs. closure ratio
- Percent multi-unit franchisees
- Litigation rate
- EBITDA multiple on sales & transfers
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Sources
Financial and operating figures are sourced from the brand's Franchise Disclosure Documents. Brand percentile rankings are based on comparisons to other brands that include the same metrics in their Franchise Disclosure Documents.