Serendipity Labs
We provide membership-based, hospitality-focused workspaces and meeting places for mobile workers, telecommuters, business travelers, and project teams. Our Labs offer shared, team, designated, and private workspaces, along with meeting and event rooms, lounges, a reception area, a Lab Café, and business support services such as telecommunications, internet, data transmission, and videoconferencing. Clients choose access plans that match their needs, such as day passes or monthly memberships with different levels of use. We operate as a flexible office and coworking business, serving customers who need professional space to work, meet, and host events without a traditional long-term office lease.
Your franchise match score
Lodging & Hospitality
Brand highlights
- CEOJohn P. Arenas
- Headquarters700 Canal Street, Stamford, CT, 06902
- Year founded2012
- Year started franchising2012
- IndustryLodging & Hospitality
- Locations open18 (+16 last three years)
Statistics & metrics
- Investment range$611,100 - $2,900,400
- Franchise fee$75,000
- Royalty6% of Gross Revenue; minimum of $1,500
- Brand fund2% of Gross Revenue
- Required Liquid CapitalN/A
- Required Net WorthN/A
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FDD insights
The information shown below is derived from publicly available franchise disclosure documents (FDDs), including the version issued as of the issuance date listed below, and other third-party sources. This information may not reflect the most current FDD. It is provided for general informational purposes only and is not part of any franchise offering or sales process. Franchise Sidekick is not providing or furnishing an FDD in accordance with FTC requirements. You should obtain and review the most current official FDD directly from the franchisor before making any investment decision.
FDD Version Referenced - Issuance Date: 2019-04-26
| Category | Detail | View |
|---|---|---|
| The Franchisor & Executives | Learn about Serendipity Labs, its parent company, and the executive leadership team responsible for operating and supporting the franchise system. | |
| Initial Franchise Fee | Learn about the initial franchise fee required to join the Serendipity Labs franchise system and what that fee covers. | |
| Other Fees | Understand the ongoing and additional fees associated with owning a Serendipity Labs franchise, including royalties, marketing contributions, and other required payments. | |
| Estimated Initial Investment | Review the estimated total initial investment required to open a Serendipity Labs franchise, including startup costs and working capital estimates. | |
| Territory | Understand how franchise territories are defined, whether they are exclusive, and under what circumstances they may be modified by Serendipity Labs. | |
| Financial Performance Representations | Review any financial performance information Serendipity Labs provides, including revenue or earnings data, if disclosed. |
Location data
| Total locations | 18 |
| Franchise locations | 12 |
| Corporate locations | 6 |
System growth over time
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