Success Space Franchise Cost, Revenue & Review 2026
- Investment
- $469K – $1.4M
- Disclosed sales
- not disclosed
- SBA charge-off
- Under 10 loans (1)
Data from FDD filing + SBA 7(a) records
Analysis by FranchiseVerdict Research · Methodology
SUCCESS Space is a coworking franchise operating flexible workspaces in suburban markets. Franchisees run the locations, managing memberships, facilities, offices, and community programming.
FranchiseVerdict summary · 2026
A Success Space franchise requires a total initial investment of $469K – $1.4M, including a $45K franchise fee and an ongoing 6.0% royalty[2]. This franchisor makes no financial performance representation in Item 19 of its FDD. Item 19 is voluntary under the FTC Franchise Rule, and this filing states that it makes none, so no revenue or earnings figures are disclosed. Declining to publish one is lawful and is not evidence of how the outlets perform. It does mean that less about this brand can be verified from its filing, and the FranchiseVerdict grade - an editorial assessment, not investment advice - reflects that. FranchiseVerdict grade: C (Average), an editorial assessment, not investment advice. Run a live ROI scan →
Sources, dates and evidence
FDD issued: 2024 filing · Data extracted: · Last cited check: · Staleness risk: high - figures are from a filing two or more years old
Evidence: partial✓ Investment (Item 7)✓ Item 19 status✓ Units and owners (Item 20)✗ SBA loan coverage✓ Litigation (Item 3)✓ Financial statements (Item 21)✓ Franchisor identityhow this is scored5 of 5 headline figures on this page cite a page of the filing.
Overview
- Investment
- $469K – $1.4M
- 45th pct Personal Care…
- Avg gross sales
- N/A
- 2 outlets
- Royalty
- 6.0%
- 12th pct Personal Care…
- Units
- 2
- 5th pct Personal Care…
- SBA charge-off
- N/A
Quick verdict · Personal Care & Beauty · color = vs category peers
Green = favorable by >10% vs Personal Care & Beauty median · No shading = within ±10% · Red = unfavorable by >10% · Source: FDD filings + SBA 7(a)
Data from public FDD filings and SBA records. Not financial advice. Methodology
Bottom line
- COSTTotal investment $469K – $1.4M including a $45K franchise fee, 6.0% ongoing royalty.
- RETURNSThis franchisor makes no financial performance representation in Item 19 of its FDD. Item 19 is voluntary under the FTC Franchise Rule, and this filing states that it makes none, so no revenue or earnings figures are disclosed. Declining to publish one is lawful and is not evidence of how the outlets perform. It does mean that less about this brand can be verified from its filing, and the FranchiseVerdict grade - an editorial assessment, not investment advice - reflects that.
- RISKVerdict C (Average), verdict score 39/100 (higher is better).
- GROWTHNegative, pipeline stalled: 7 agreements signed but not yet open against 2 open outlets (Item 20).
- DATAThis franchisor makes no financial performance representation in Item 19 of its FDD. Item 19 is voluntary under the FTC Franchise Rule, and this filing states that it makes none, so no revenue or earnings figures are disclosed. Declining to publish one is lawful and is not evidence of how the outlets perform. It does mean that less about this brand can be verified from its filing, and the FranchiseVerdict grade - an editorial assessment, not investment advice - reflects that. Item 20 of the FDD lists current and former franchisees; asking them directly is the standard way to fill this gap.
Item 1 · who you're contracting with
The Franchisor
Corporate structure & franchisor financials
- Legal entity
- SUCCESS Franchising, LLC
- Parent company
- Success World Holdings, LLC
- Ultimate parent
- eXp World Holdings, Inc.
- CEO title
- Chief Executive Officer
- Glenn Sanford
- Incorporated in
- DE
- HQ
- 5473 Blair Rd. Suite 100, PMB 30053, Dallas, Texas 75231
- Auditor
- Citrin Cooperman & Company, LLP
- Audited financials
- Franchisor revenue
- $82K
- vs $25K prior year
Overview
About
- CEO
- Glenn Sanford
- Headquarters
- TX
- Founded
- 2021
- FDD year
- 2024
- States available
- 0
Can you afford it, and what does the money buy?
Entry cost runs 135% above the typical personal care & beauty franchise.
Source: FDD 2024 · Items 5–7
published investment is a single SUCCESS Space membership-based shared workspace facility. The franchisor also offers an area-representative grant under a separate FDD (SUCCESS_Space_NASAA_521654.pdf, 2024): fee $100,000, estimated initial investment $114,500-$169,700; that offering is not priced on this page. The same filing also prices: (AREA DEVELOPMENT - ASSUMES COMMITMENT OF 3 TO 5 FACILITIES) $477,650-$1,442,150.
Full Item 7 breakdown18 line items
Initial investment breakdown
| Line item | Low | High | |
|---|---|---|---|
| Initial Franchise Fee | $45K | $45K | |
| Initial Training Fee | $13K | $15K | |
| Training Expenses | $1K | $3K | |
| Lease Deposit & 3 Months' Rent | $40K | $100K | |
| Architectural Services | $8K | $25K | |
| Leasehold Improvements & Construction | $125K | $750K | |
| Construction Management | $13K | $18K | |
| Furnishings, Fixtures & Equipment (excluding Technology Systems) | $48K | $185K | |
| Signage & Graphics | $8K | $28K | |
| Technology Systems | $35K | $64K | |
| Pre-Opening Technology Fee | $2K | $2K | |
| Opening Inventory | $6K | $15K | |
| Pre-Opening / Grand Opening Marketing | $15K | $15K | |
| Utility Deposits | $3K | $4K | |
| Business Licenses & Permits | $3K | $4K | |
| Professional Fees | $8K | $20K | |
| Insurance | $5K | $8K | |
| Additional Funds (3 months) | $95K | $125K | |
| Total initial investment | $469K | $1.4M |
Line items extracted from FDD Item 7. Ranges reflect the franchisor's stated low and high per line. Total is the sum of line-item lows / highs — actual costs may fall outside this range depending on market and build-out scope.
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $469K – $1.4M
- Middle of category vs category
- Liquid capital req'd
- $95K – $125K
- Middle of category vs category
- Franchise fee
- $45K – $45K
- Top 40% of category vs category
- Royalty
- 6.0%
- Set by a formula · typical 6–8%
- Ad fund
- 0.0%
- typical 3–5%
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty | 6.0% of gross sales |
| Marketing / ad fund | 0.0% |
| Technology fee | $3K |
| Transfer fee | $25K |
| Inventory (initial) | $6K – $15K |
ROI & LBO modelsSingle-unit · 25-unit portfolio · editable
Success Space makes no financial performance representation in Item 19 of its FDD - a voluntary item under the FTC Franchise Rule - so no unit revenue figures are disclosed. The return models need a revenue figure to start from, and the operating costs that turn gross sales into a profit are in no FDD. Enter your own and the calculator runs on your assumptions — nothing here is modelled until you do.
Returns model · single-unit ROIC
What would one Success Space unit return on the cash you put in?
Illustrative category typicals — not sourced to any filing, survey or sample. Replace them with figures from franchisee validation calls before you rely on the output.
Unlevered ROIC · per unit
Your modelled return on total invested capital, before any debt financing.
—
An FDD discloses gross sales, not profit. We hold no sourced figure for annual revenue, COGS, labour, rent / occupancy and other operating costs, and will not substitute an assumed one. Enter your own and the model runs on your assumptions.
These models are for research and scenario planning only. Not investment advice. Actual results depend on your specific location, management, and market conditions. Consult a franchise attorney and accountant before signing any franchise agreement.
Item 19 · Source: 2024 FDD
Financial Performance
No financial performance representation
This franchisor makes no financial performance representation in Item 19 of its FDD. Item 19 is voluntary under the FTC Franchise Rule, and this filing states that it makes none, so no revenue or earnings figures are disclosed. Declining to publish one is lawful and is not evidence of how the outlets perform. It does mean that less about this brand can be verified from its filing, and the FranchiseVerdict grade - an editorial assessment, not investment advice - reflects that.
Item 20 of the FDD lists current and former franchisees; asking them directly is the standard way to fill this gap.
Operator outlook
What the numbers say
Data-driven interpretation of this brand's financial disclosures, fee structure, and system trajectory.
Fee burden
6.0% royalty + 0.0% ad fund.
Disclosure
This franchisor makes no financial performance representation in Item 19 of its FDD. Item 19 is voluntary under the FTC Franchise Rule, and this filing states that it makes none, so no revenue or earnings figures are disclosed. Declining to publish one is lawful and is not evidence of how the outlets perform. It does mean that less about this brand can be verified from its filing, and the FranchiseVerdict grade - an editorial assessment, not investment advice - reflects that. Item 20 of the FDD lists current and former franchisees; asking them directly is the standard way to fill this gap.
Source: FDD Item 19 financial performance representations and publicly filed FDD data. Past performance is not indicative of future results. Verify all figures with the franchisor and current franchisees before making any investment decision.
vs Personal Care & Beauty medians
How Success Space Compares
Category median of published Personal Care & Beauty brands that report the figure; the middle half spans the 25th to 75th percentile and n counts the brands behind it. Medians are used because a few very large systems pull an average far from the typical brand. Revenue is disclosed gross sales, not profit.
Is the system healthy?
Source: FDD 2024 · Item 20
2 franchised Facilities opened in Texas in 2023; 7 franchise agreements signed but not opened as of December 31, 2023 (Table 5); the franchisor has never operated a Facility itself
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 2
- Opened
- 0
- Last reporting year
- Closed
- 0
- Terminated
- 0
- Franchisor ended the franchise (per Item 20)
- Non-renewed
- 0
- Term expired, not renewed (per Item 20)
- Company-owned
- 0
- Corporate units in the system
Last fiscal year · Item 20 exits and transfers
- Terminated
- 0
- Not renewed
- 0
- Transferred
- 0
- Reacquired
- 0
- Franchisor bought back
- Signed, not yet open
- 7
- 3.50 per open outlet · Item 20 Table 5
- Projected new
- 7
- Franchisor's next-year forecast
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
SBA loan performance
Government records
SBA Loan Data
Aggregated from SBA loan disclosures. This brand has only 1 7(a) loan on file; statistical reliability is limited below 10 loans.
- Total loans
- 1
- Loan volume
- $919K
- Median loan
- $919K
- 50th percentile
- Charge-off rate
- Under 10 loans (1)
- Insufficient SBA coverage: 1 loan, rate hidden below 10
Historical SBA 7(a) lending data, not predictive of future performance. How SBA charge-off rates are calculated
- Repayment rate (PIF)
- Under 10 loans (1)
- 5-yr charge-off
- Under 10 loans (1)
- Loans approved 2021+
- Active lenders
- 1
- Defaults
- N/A
Explore lender portfolios on Bank Reports or regional data on State Reports.
What could kill this investment?
Source: SBA 7(a) FOIA · FDD Items 3, 21
Risk analysis
FranchiseVerdict rating + FDD Items 3, 4, 8, 16, 21
Risk & Legal
Litigation (Item 3)
Subject: officers or affiliates. The franchisor is not a named party in these cases.
The filing states that no litigation is required to be disclosed in Item 3. No pending or concluded action involving the franchisor or its management is listed.
Bankruptcy (Item 4)
None disclosed
Audited financials (Item 21)
Yes · Citrin Cooperman & Company, LLP
Franchisor revenue (Item 21)
Franchisor entity revenue (not unit-level)
Audited financial statements of Success Franchising, LLC (fiscal year end December 31) for FY2023, FY2022 and the period from January 12, 2021 (inception) through December 31, 2021, audited by Citrin Cooperman & Company, LLP, plus an unaudited balance sheet as of June 30, 2024 and P&L for January 1 - June 30, 2024.
Supplier relationship · Items 8 & 16
- Franchisor sells you products: Yes
- Kickbacks from required suppliers: No
- Must buy proprietary products: No
- Restricted to system-approved products: No
- Can negotiate own supplier terms: No
Score breakdown · what drove the 39 / 100 verdict
- 01MINORNo Item 19 disclosure
- 02MINORClean legal/financial flags
Severity inferred from the FDD text · not a regulatory classification
What are you signing up for?
Ongoing fees run about 6.0% of sales (royalty + ad fund), before rent and labor.
Source: FDD 2024 · Items 11, 12, 17
FDD Items 12, 15, 17 · continued from Risk & Legal
Contract & Territory Detail
| Initial term | 10 years |
|---|---|
| Renewal term | 10 years |
| Allowed renewalsℹ | 0 |
| Territory type | Protected territory |
| Protected territory | Yes |
| Exclusive territoryℹ | No |
| Territory population | 1,000,000 |
| Online sales rightsℹ | Granted |
| Franchisor can compete | Yes |
| Hire a manager? | Allowed |
| Owner-operator | Required |
| Non-compete (years)ℹ | 2 years |
| Non-compete (miles)ℹ | 5 mi |
| Right of first refusalℹ | Yes |
| Transfer requires consent | Yes |
| Termination notice | 30 days |
| Termination groundsℹ | 15 |
| Curable defaultsℹ | 2 |
| Mandatory arbitration | Yes |
| Arbitration location | Dallas, Texas |
| Jury trial waiver | Yes |
| Governing law | Texas |
| Litigation count | 0 |
View Item 3 litigation summary
The filing states that no litigation is required to be disclosed in Item 3. No pending or concluded action involving the franchisor or its management is listed.
Items 10, 11
Training & Operations
- Classroom training
- 32 hrs
- On-the-job training
- 24 hrs
- Training location
- Flower Mound, Texas (designated training facility) and virtual (Learning Management Platform)
- Ongoing training
- Required
- Franchisor financing
- Not offered
- Item 10
- POS system
- SUCCESS Spaceware
- Operating tech stack
Items 5 & 11
Franchisor Support
Technology: SUCCESS Spaceware
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a Success Space franchise?
The total investment to open a Success Space franchise ranges from $469K – $1.4M, with an initial franchise fee of $45K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do Success Space franchise owners earn?
Success Space makes no financial performance representation in Item 19 of its FDD - a voluntary item under the FTC Franchise Rule - so no unit revenue figures are disclosed. Declining to publish one is lawful and is not evidence of how the outlets perform. It does mean that less about this brand can be verified from its filing, and the FranchiseVerdict grade - an editorial assessment, not investment advice - reflects that. Item 20 of the FDD lists current and former franchisees; asking them directly is the standard way to fill this gap.
Who owns Success Space?
Success Space is franchised by SUCCESS Franchising, LLC. Its parent company is Success World Holdings, LLC. The ultimate parent named in the FDD is eXp World Holdings, Inc.. Source: FDD Item 1, 2024 filing.
What is Item 19 in the Success Space FDD?
The FDD section where a franchisor may disclose financial performance of its outlets. Disclosure is optional and formats vary; figures are typically gross sales, which is revenue before expenses, not profit. FranchiseVerdict extracts these figures directly from the Success Space FDD and qualifies whose outlets they describe.
What is Success Space's franchise failure rate?
SBA 7(a) loan charge-off data is not available for Success Space (fewer than 10 loans on file). Charge-off rates are one way to gauge franchise risk, but not all franchise loans go through the SBA program. We recommend reviewing turnover and closure data in the FDD and speaking with current franchisees.
How many Success Space franchise locations are there?
As of their most recent FDD filing, Success Space has 2 total units in the United States, including 2 franchised units and 0 company-owned units. 2 franchised Facilities opened in Texas in 2023; 7 franchise agreements signed but not opened as of December 31, 2023 (Table 5); the franchisor has never operated a Facility itself
Is Success Space a good franchise to buy?
FranchiseVerdict rates Success Space as a C-grade franchise with a verdict score of 39 out of 100 (higher is better). The grade is a deterministic score built from six weighted dimensions — financial health, unit economics, unit growth, scale, legal, and transparency — then calibrated against SBA loan charge-off rates and FDD age. Transparency is one of the six, so a filing that discloses less scores lower on that dimension than one that discloses more. Our rating is based solely on publicly available FDD and government data; we recommend speaking with current franchisees before making any investment decision. This is not investment advice.
Data sourced from public FDD filings and SBA 7(a) FOIA records. Not financial advice.
For franchisors
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Data extracted from public FDD filings and SBA 7(a) loan disclosures (FOIA). This information is provided for research purposes only and does not constitute financial, legal, or investment advice. Verify all figures with the franchisor's current Franchise Disclosure Document before making any investment decision.