10000 - 50 K
Investment Range
500 sqft
Area Required
1
Franchise Outlets
2018
Establishment Year
Workster Co-Working Products and Services
Workster Co working was born out of a need for a co working space in Pune as visualized by Maj Archit Karpe and Prerana karpe. When we were running our cafe based in Kothrud, we saw a lot of college students and young professionals congregate there and more often than not conduct their business, it became apparent to us that many entrepreneurs and independent professionals were in dire need for an office environment without the heavy capital expenditure involved in renting, leasing or buying a space for themselves. Sticking to the cafe principles of having seating both inside and outside, Workster ensures that there is a conducive space for everyone to feel comfortable and productive.
Workster Co-Working Cost and Investment
Commenced Operations
Operations commenced on
2018
Franchise commenced on
2019
Franchise Details
UNITS
Investment
10000 - 50 K
Franchise/Brand fee
500000
Royalty/Commission
10%
Details
Exclusive territorial rights to a unit franchisee
Yes
Anticipated percentage returns on investment
100%
Likely payback period
1year
Other investment requirements
No
Workster Co-Working Expansion Plans
NORTH
Delhi,
Haryana,
Himachal Pradesh,
Jammu & Kashmir,
Punjab,
Uttar Pradesh,
Uttarakhand,
SOUTH
Andhra Pradesh,
Karnataka,
Kerala,
Tamil Nadu,
Telangana,
EAST
WEST
Goa,
Gujarat,
Maharashtra,
Rajasthan,
CENTRAL
UNION TERRITORIES
Workster Co-Working Property Requirements
Type of property required for this franchise
Commercial
Floor area requirement
500 sqft
Preferred location of unit
India
Workster Co-Working Training
Training location
Head Office
Expert guidance from head office
Yes
Field assistance
Yes
Current IT systems included
No
Workster Co-Working Agreement Details
Do you have a standard franchise agreement?
Yes
How long is the franchise term for?
Lifetime
Is the term renewable?
Yes
About Franchise Times
Who We Are?
Franchise Times was promoted by professionals with over 25 years of hands on experience in Franchising. The foundations of Franchise Times were laid to assist entrepreneurs from start-ups, SMEs NGOs and corporates to develop sustainable franchise networks. Our multi-disciplinary and tested approach ensures that the appropriate talent and experience are applied at every stage of our work to ensure our clients' business needs are served professionally and in a cost effective manner.At Franchise Times our success is measured by the growth of our clients' businesses. Within a decade of operation we have created over Rs. 5 million worth of enterprise value for our clients. We've advised over 200 networks and established multiple franchised network locations in India and abroad. We know exactly what it takes to grow a business - many of our clients have come to us with a single location and we've assisted their expansion to India and abroad.
Franchising is a wonderful way to go into business for yourself, but not by yourself. Franchising is an example of teamwork at its best, bringing together talents of a dedicated professionals and management team with hard work, zeal and entrepreneurial spirt of franchisees at the local level to serve our customers.
What We Do?
Franchise Times can help you expand your network in existing and new markets (globally), acquire new clients and increase your revenue, all at a substantially reduced costs.At Franchise Times we follow an innovative approach that offers customized solutions to meet your specific needs in franchising. Staffed with professionals in sales, marketing, logistics and legal who are well empowered and phone-productive, we bring transformational rewards to your business.
Our offering include
- Franchise Opportunities
- Buisness Consulting
- Digital Consulting
- Awards and Events