Success Space
Formerly known as Area Representative
Bottom line
- Total investment $115K – $170K including a $100K franchise fee.
- No Item 19 financial performance data disclosed — the franchisor chose not to publish revenue figures.
- Rated AVOID with a risk score of 85/100. SBA loan default rate of 0.0% across 2 loans (below the industry average).
- No Item 19 financial performance representation. Without franchisor-disclosed revenue data, you'll need to gather unit economics directly from existing franchisees.
Item 1 · who you're contracting with
The Franchisor
Yale framework · single-unit ROIC
Returns Analysis
Pulls Item 7 (investment) and Item 19 (revenue) from this brand's FDD into the Yale unlevered-ROIC formula. Override any input to stress-test it against your own assumptions.
The model · Yale framework
What would one Success Space unit return on the cash you put in?
Unlevered ROIC · per unit
60%
Above typical band (30–60%)
Overview
About
Success Space franchisees appear to operate coaching, training, or consulting businesses (likely workspace/productivity-focused based on brand name), though specific daily operations are undefined. Without disclosed revenue, unit count, or business model details, the actual service offering and operational requirements remain unclear to prospective franchisees.
Item 7 · what it costs
The Vitals
Item 19
Financial Performance
This franchisor did not disclose financial performance representations in Item 19, or our extractor could not parse them.
Item 20 · unit dynamics
The Growth Chart
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 14 states with active franchisees
The Territory Map
Derived from franchisee contact records. Shows states with at least one current operator — not where the franchisor is registered to sell new units (that data is re-extracting in a future refresh).
States derived from franchisee phone area codes (Item 20). Approximate — ported numbers may show the original state, not the franchisee's current location.
Government records
SBA Loan Data
Aggregated from SBA 7(a) loan disclosures, public data unique to FranchiseVerdict.
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
Success Space presents extreme risk: zero operating units, going concern status, opaque financials, and no territory protection—indicating an unproven, financially unstable franchisor.
Score breakdown · what drove the 85 / 100 rating
- 01MINORZero operating units despite franchise model — suggests no market validation or system failure
- 02HIGHGoing concern status indicates financial instability at franchisor level
- 03MEDNo disclosed royalty rate, average revenue, or net income — opacity on profitability
- 04MINORHigh franchise fee ($100,000) with no Item 19 financial performance data to justify ROI
- 05MINORUnprotected territory creates direct competition risk between franchisees
- 06MINORUnknown unit growth trajectory prevents assessment of system viability
- 07MED10-year term locks franchisee into potentially failing system with limited exit
- 08MINORHigh total investment requirement ($114.5K–$169.7K) with zero proof of returns
Severity inferred from the FDD text · not a regulatory classification
FDD Items 5, 6, 12, 17 · continued from Risk & Legal
Contract & Territory Detail
Item 11
Training & Operations
Item 20
Franchisee Contacts
Phone numbers extracted directly from this brand's FDD Item 20. After purchase, you'll also receive a list of validation questions tailored to this brand.
Franchisee contacts
14 numbers
One-time purchase · CSV download · Validation questions included
FDD download
Success Space · FDD (2024) PDF