START
Cherry Franchise Broker
Total investment:
$ 70,000
Franchise fee:
$ 15,100
Royalty fee:
5%
Marketing fee:
$ 0
Number of franchises
Return
Time period
Revenue:
$ 12 000*
* Calculator calculations are provisional, not guaranteed
MAIN INFORMATION
Year founded:
Franchise since:
Company owned units:
Franchise owned units: 15
Total number of units:
Number of employees per unit:
Contract period: 60 month
FRANCHISE ONLINE
WEBSITEThe network of coworking spaces START is an up-to-date space with fully equipped workplaces, and services which facilitate business development, provide immersion into a comfortable and inspiring work environment with unique opportunities for:
Networking, exchanging ideas and development of projects
Access to educational programs
Development of innovative projects
Building an entrepreneurial community
In 2016, the biggest network of coworking spaces in Russia, START was founded with 15 locations in 15 cities.
+ 200 speakers
+ 1000 residents
+ 70 events a month
+ 8000 sqm
To create coworking space, you need 500 sqm area which will be occupied by
Mini-offices
Working places in Open space
Conference halls
Meeting rooms
Kitchen and lounge zone
Flexible payment system (different kinds of subscriptions) allows monetization of every meter of space. Our offer is for:
TC and BC owners
Capitalization of the real estate Solving the problem of idle space Increase in occupancy (SC and BC)Profitability of the business is from 30%
Experienced Entrepreneurs
Business on a thriving marketLow rental rate for sqmEasy business managementBreak-even yield of coworking from 4 months of operationBuilding a business community in your city
On the opening stage:
Advice on choosing the premisesLayout design taking into consideration the technical characteristics of the premisesBrand book and financial modelDetailed instructions for starting and running a businessA complete set of agreements and standards for the activities of coworking space
Staff:
Own training centerInternship in an inactive coworkingStaff ScheduleJob descriptionsOperational standards
Marketing:
Assistance in pricing and rate design List of suppliersScripts of communication with customersSoftware implementationMarketing strategy and advertising campaignAssistance in attracting residents before the openingSetting tools for attracting clients and training on working with themMock-ups of promotional materialsConnection to the general call centerContracts with our partners (banks, legal and accounting agencies)
Cherry Franchise Broker
Languages: 
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