WorkLodge
Coworking and private office spaces

About
Founded

2015

Franchising Since

2018 (2 Years)

Corporate Address

118 Vintage Park Blvd., #W
Houston, TX 77070

Leadership

Mike Thakur, Founder and CEO

Financial Requirements
Initial Investment

$315,850 - $1,434,000

Liquid Cash Requirement

$350,000

Ongoing Fees
Initial Franchise Fee

$55,000 - $75,000

Ongoing Royalty Fee

7.5-7%

Ad Royalty Fee

3%

Financing Options

WorkLodge offers in-house financing to cover the following: equipment

Veteran Incentives

10% off franchise fee

Support Options
Ongoing Support

Newsletter

Meetings/Conventions

Toll-Free Line

Grand Opening

Online Support

Field Operations

Site Selection

Proprietary Software

Franchisee Intranet Platform

Marketing Support

Co-op Advertising

Ad Templates

National Media

Regional Advertising

Social media

SEO

Website development

Email marketing

On-The-Job Training:

61 hours

Classroom Training:

51 hours

Absentee Ownership Allowed
Cost
Initial Investment: Low - $315,850 High - $1,434,000
Units
+50.0%+1 UNITS (1 Year) +200.0%+2 UNITS (3 Years)

Units (Locations)

Where Seeking Franchisees:

Franchisor is seeking new franchise units throughout the U.S. and in the following regions/states: Australia/New Zealand, Europe (Western)

Franchise Articles

Aroma Joe's Leader: "How I Learned to Be a CEO"

Loren Goodridge served in the Navy, learned about business as a Subway franchisee and is now CEO of growing franchise Aroma Joe's. Here's why it was the perfect path.

Why This Serial Entrepreneur Opened a Painting With a Twist - In the Middle of the Pandemic

Dee Clemmons had experienced the brand as a customer, and it made her feel at peace. Now she's out to share that feeling.

Tired of Being Kicked to the Curb? Maybe It's Time To Be Your Own Boss.

There are two ways to go: pursue a dream idea from scratch or bet on a proven concept as a franchisee.

6 Ways to Turbocharge Your Solopreneur Productivity

Essential tips that will help you establish good work habits and achieve a lot more for your business in less time.

How Many Franchise Locations Should You Own?

5 multi-unit franchisees, ranging from 2 locations to 770, share their experience.

Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.
Updated: June 12th, 2019