Depending upon your lounge, that place is rentable if you have café seating, or even convert the lounge into a rentable meeting/event space.
Jerome ______________ BLANKSPACES "work FOR yourself, not BY yourself" www.blankspaces.com ph: 323.330.9505 | 5405 Wilshire Blvd (2 blocks west of La Brea) Los Angeles, CA 90036 On Jan 25, 2012, at 7:41 PM, Bruce Yang wrote: > Craig: Super helpful rule of thumb and thanks for the article! The space I > was looking at was actually around 6000sf, 3000 is area where we can set up > desks, the other 3000 is meeting room, lounge, kitchen, etc, but that is > shared, so we wouldn't be able to seat people there. > > Great point about the offices. I think 6 is too big too. > > Two minor points. > The $32-$53 mentioned in the article is the rent paid by the working place, > not earned > The 'get a free day pass' link doesn't work on your site > Bruce > > On Tue, Jan 24, 2012 at 3:21 PM, Susan Evans <[email protected]> wrote: > Hi all, > > We're at about 5000 sq. ft. We have 3 meeting rooms, 2 small phone rooms, and > several other shared areas. > > Hope that helps! > > Take care, > S > __ > Office Nomads > officenomads.com > 206-484-5859 > > > > On Tue, Jan 24, 2012 at 10:53 AM, Craig Baute - Creative Density Coworking > <[email protected]> wrote: > Susan: > Thanks for the break down. This is always good information and I would > like to know what you're sq. ft. is. > > Bruce: > The 3' 3" is tight because each worker needs about 3' to 3' 6" to work > comfortable with a laptop, pad, and cup. If this amount is for two > people then I think comfort would be very limited and not work well > for your space i the long run as it fills up. > > The price does seem very steep because the general rule of thumb from > this group is that each workspace needs about 80 to 100 sq. ft. when > all common area is included. Based on this methodology your space can > hold between 30 to 37 workspaces. There are clever ways to use space > design but beyond 37 spaces will be very tricky and anything more than > 5 extra spaces will really start to get tight. (note: this is > workspaces and not total memberships) > > I would also recommend the 3 to 4 person office versus the 6 person > offices. However, if there is interest in the 6 person offices than go > ahead but I know the smaller teams are much more common because they > are small software companies, agencies, or remote teams. > > I would recommend that you check out a WSJ article examining the cost/ > sq. ft. It states that many coworking spaces are earning $32 to $53 > per sq. ft. and that seems to be accurate from my experience at > Creative Density in Denver. If you are trying to make this a money > making venture and sustain yourself than you might want to find other > ways besides membership with such a high rental rate. The memberships > will pay the rent and expenses but might not build a full salary and > there are great posts in this group on other ways coworking spaces are > making money (classes, sponsorships, investments in members, etc.). > > http://online.wsj.com/article/SB10001424052970203791904576609301747256470.html > > I hope this helps. > > Craig Baute > Densitycoworking.com > > > -- > You received this message because you are subscribed to the Google Groups > "Coworking" group. > To post to this group, send email to [email protected]. > To unsubscribe from this group, send email to > [email protected]. > For more options, visit this group at > http://groups.google.com/group/coworking?hl=en. > > > > -- > You received this message because you are subscribed to the Google Groups > "Coworking" group. > To post to this group, send email to [email protected]. > To unsubscribe from this group, send email to > [email protected]. > For more options, visit this group at > http://groups.google.com/group/coworking?hl=en. > > > -- > You received this message because you are subscribed to the Google Groups > "Coworking" group. > To post to this group, send email to [email protected]. > To unsubscribe from this group, send email to > [email protected]. > For more options, visit this group at > http://groups.google.com/group/coworking?hl=en. -- You received this message because you are subscribed to the Google Groups "Coworking" group. To post to this group, send email to [email protected]. To unsubscribe from this group, send email to [email protected]. For more options, visit this group at http://groups.google.com/group/coworking?hl=en.
