Hi, everyone.
I have a bit different approach, perhaps, to co-working than many
here; I'm looking at building space aimed primarily at professional
service providers (engineers, architects, attorneys, accountants,
etc.), and look to have a build-out that is more conducive to client
meetings appropriate to these profesionals. ("Nicer" space than
typical co-working locations.) In addition, there will be some value-
added components (high-speed printer and large-format plotter onsite;
AutoCAD seat available) that are uncommon in co-working facilities.
My question: can anyone share what gross income from members and users
needs to be as a multiplier of gross rent in order to make co-working
feasible from a business perspective? In other words, if my monthly
rent payment is $3,000, what should my target be in membership fees in
order to make the numbers work out to at least break-even?
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