SUCCESS Space (area rep)
SUCCESS Franchising, LLC offers area representative franchises for businesses that solicit, screen, recruit, train, support, inspect, and monitor third-party SUCCESS Space franchisees within a designated development territory. Area representatives earn commissions on net initial franchise fees, training fees, and royalty fees collected from recruited franchisees, while also required to develop and operate at least one SUCCESS Facility themselves. The underlying SUCCESS Space facilities provide membership-based shared workspaces targeting entrepreneurs, small business owners, flex workers, and telecommuters, featuring flexible rentals, business coaching, virtual meeting rooms, and a limited-service café.
Disclaimer: This information was extracted using AI from public Franchise Disclosure Documents and should be independently verified. This is not financial or legal advice. Always review official FDD filings before making investment decisions.
Overview
Financial Requirements
$500/mo minimum marketing + $250/mo technology fee
Franchise Stats
Financial Performance
Item 19 Financial Performance
This franchise did not provide Item 19 financial performance data.
Be careful if you are interested in investing. The lack of financial performance representations may indicate limited data or varying results across franchises.
Extracted Item 19 Section
How SUCCESS Space (area rep) Compares to Other Business Services Franchises
| Franchise | Investment Range | Franchise Fee | Royalty | Locations |
|---|---|---|---|---|
SUCCESS Space (area rep) Current | $115K - $170K | $100K | N/A | 0 |
| Bimbo Foods Bakeries Distribution, LLC | $14K - $607K | N/A | N/A | 6,454 |
| THE UPS STORE (TRADITIONAL) | $216K - $609K | $30K | 5.0% | 4,500 |
| JACKSON HEWITT TAX SERVICE | $71K - $105K | $25K | 15.0% | 2,744 |
| CRUISE PLANNERS | $2K - $21K | $11K | 3.0% | 2,655 |
| SERVPRO (UNIT) | $259K - $380K | $100K | 10.0% | 2,286 |
Business Services Average 187 franchises | $118K - $285K | $46K | 10.4% | - |
* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 187 Business Services franchises by location count.
SBA Loan History
Historical SBA 7(a) loan data for SUCCESS Space (area rep) franchisees (2023 - 2023)
Loans by Year
* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.
Franchisee Contacts
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4 franchisee contacts on file. Upgrade to see names, locations, phone numbers, and matched SBA loan data.
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Due Diligence
Litigation (Item 3)
No litigation involving franchisees reported in the FDD.
Bankruptcy (Item 4)
No bankruptcy history reported in the FDD.
System Health (Item 20)
Franchise system changes reported in the most recent fiscal year
Frequently Asked Questions
How much does it cost to open a SUCCESS Space (area rep) franchise?
The total initial investment to open a SUCCESS Space (area rep) franchise ranges from $114,500 to $169,700. This includes a franchise fee of $100,000.
Can you get an SBA loan for a SUCCESS Space (area rep) franchise?
Yes, SBA loans are available for SUCCESS Space (area rep) franchises. Historical data shows 1 SBA 7(a) loans have been approved for SUCCESS Space (area rep) franchisees, with an average loan amount of $919,300. The historical default rate is 0.0%.
Is SUCCESS Space (area rep) a good franchise to buy?
SUCCESS Space (area rep) shows several positive indicators: low SBA loan default rate. However, franchise success depends on many factors including location, local market conditions, and owner involvement. We recommend speaking with existing franchisees and consulting with a franchise attorney before making a decision.
Interested in SUCCESS Space (area rep)?
Talk to a franchise advisor to get personalized guidance and learn if SUCCESS Space (area rep) is the right fit for you.
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