Serendipity Labs Franchise Review

Franchise Facts

Serendipity Labs is a membership-only and hospitality-focused facility which offers members such as mobile workers, telecommuters, and project teams access to co-working spaces and business resources.

How much does a Serendipity Labs franchise cost?

Serendipity Labs has a franchise fee of up to $50,000, with a total initial investment range of $331,200 to $1,559,100.

  • Initial Franchise Fee: $50,000
  • Total Investment: $331,200 to $1,559,100
  • Working Capital: $75,000 to $100,000
  • Royalty Fee: 6%

The initial cost of a franchise includes several fees -- Unlock this franchise to better understand the costs such as training and territory fees.

How much does a Serendipity Labs franchise make?

Franchise revenue depends on a wide range of factors, as does profit. How much money you can make from any franchise depends on a number of specific factors such as franchise location, labor costs, commercial lease rates and a number of other factors. Unlock this franchise for franchise-specific data and insight.

How many franchise locations do they have?

As of the 2018 Franchise Disclosure Document, there are 7 franchised Serendipity Labs locations in the USA.

Are there any Serendipity Labs franchise opportunities near me?

Based on 2018 FDD data, Serendipity Labs has franchise locations in 7 states. The largest region is the South with 3 franchise locations.

CT
FL
IL
MD
NJ
OH
TX


This franchise is expanding into new markets and might be available near you. One of our franchise experts will have detailed knowledge about this brand. Unlock to learn more and connect with our experts.

Last Reviewed: 2018

Serendipity Labs is graded based on our most recent research.

Serendipity Labs Franchise Stats

Total Investment
$331,200 - $1,559,100
Franchise Fee
$50,000
Franchise Agreement
Initial Term
10 Years
Renewal Term
5 Years
Franchisee Outlet Growth
2015
1
2017
7
Ongoing Fees
Royalty
6.0%
Ad Fees
2.0%
# of Franchised Outlets
7

Additional Questions

Do they provide any initial training and opening assistance?

Yes, they have an initial training program of 80 hours. This includes 54 hours of classroom training and 26 hours of on-the-job training. In their FDD they outline who’s in charge of the training. Unlock to find out more.

Online 0
On-the-Job 26
Classroom 54
Total 80

Do they offer Territory Rights?

Serendipity Labs does NOT offer exclusive territories.

Do they have computer and technology support in place?

No. But in some instances, franchises may not need to offer support.

When did they begin franchising?

They began franchising in 2012. The average Office Support franchise began franchising in 2013.

Do they offer financing support?

No, but you can click here to fill out our affordability calculator and understand your financing options.
Create FREE account to access additional data on Serendipity Labs, and more!
Unlock all data — FREE
Already have an account? Sign in
Franchise Grade is dedicated to providing research and education that can help you make confident franchise investment decisions.
Finding the best franchise means comparing several brands to determine the ideal fit for you.
Unlock this franchise for instant access to our research findings, including:
  • Growth analysis
  • Turnover breakdown
  • Financial transparency
  • Initial and renewal terms
  • Royalties and fees
  • Franchise FAQs
Need more reasons?
  • Our grade and free access to consult with a franchising expert
  • What are the historical franchisee revenues?
  • Do they have any lawsuits?
  • Do they provide Veteran or First Responder Discounts?
  • Do they provide Minority Discounts?
  • Do they use public figures to promote their franchise?
  • Do they disclose any bankruptcies?
  • Are they affiliated with any other franchise brands?
  • How many new outlets have they sold in the last 5 years?
  • How many franchised outlets have closed in the last 5 years?
  • How many franchised outlets have terminated in the last 5 years?
  • Do they operate any company or affiliate outlets?
  • How long is their initial term length?
  • How do they solve franchisee disputes?
  • Are you required to work in the outlet or is this a passive investment opportunity?
  • Do they provide discounts for buying more than one franchise?
Unlock all data — FREE
Access is 100% free, instant, and unlimited!