Daybase franchise
2022 filing · February 8, 2022
Daybase at a glance
A neighborhood coworking space with desks, meeting rooms and memberships for people working close to home.
The business
- Industry
- Business services
- Franchisor
- Daybase Franchising, LLC
- The company that sells the franchises
- Franchising since
- 2021
- Franchisor based in
- New York, New York
- Typical size
- 5,000–7,000 sq ft
What you pay
- Cost to open
- $1.25M–$1.72M
- A Daybase workspot, including real estate costs
- Franchise fee
- $50,000
- Paid once, when you sign
- Royalty
- 7% + minimum
- 7% of monthly gross revenue, with a minimum of $3,500 a month
- Brand fund
- 3%
- 3% of monthly gross revenue, paid monthly
- Territory
- Protected
- Protected territory
Where it is
- US locations, 2021
- 0
- Franchised and company-owned
- Franchised
- 0
- Company-owned
- 0
- Change in 3 years
- 0
- Franchised locations, 2019–2021
From Daybase Franchising, LLC’s 2022 filing; SBA status from the SBA Franchise Directory, October 28, 2026.
Where it ranks
Daybase among all franchises with the same figure.
| Figure | Daybase | Among all franchises |
|---|---|---|
| Cost to open, midpointHalfway between the low and high estimate | $1,484,550 | Costs more than 89% of franchises |
| Franchise feePaid once, when you sign | $50,000 | Higher than 70% of franchises |
| RoyaltyShare of sales paid to the franchisor | 7% | Higher than 70% of brands with a set rate |
| US locationsFranchised and company-owned | 0 | Fewer than 97% of franchises |
How much a Daybase franchise costs
Opening a Daybase workspot, including real estate costs costs an estimated $1,250,600 to $1,718,500. That covers the franchise fee and everything else needed to open, through the first months of working capital.
The biggest costs are construction/leasehold improvements ($595,000 to $865,000) and furniture, fixtures and equipment ($350,000 to $450,000). Here is every line of the estimate as filed:
| What it pays for | Range | Low | High |
|---|---|---|---|
| Initial Franchise Fee | $50,000 | ||
| Rent (3 months) | $35,000 | $55,000 | |
| Security Deposit | $55,000 | $80,000 | |
| Insurance (3 Months) | $500 | $4,000 | |
| Market Introduction Program | $0 | $20,000 | |
| Training Expenses | $100 | $8,000 | |
| Real Estate & Construction Management Services | $25,000 | $30,000 | |
| Construction/Leasehold Improvements | $595,000 | $865,000 | |
| Furniture, Fixtures and Equipment | $350,000 | $450,000 | |
| Computer System | $4,000 | $5,500 | |
| Signage | $6,000 | $8,000 | |
| Opening Inventory and Supplies | $5,000 | $8,000 | |
| Miscellaneous Opening Costs | $20,000 | $25,000 | |
| Additional Funds – 3 Months | $105,000 | $110,000 | |
| Total | $1,250,600 | $1,718,500 | |
Source: Daybase Franchising, LLC, 2022 filing, page 26
Daybase franchise fee
The franchise fee is $50,000. You pay it when you sign the franchise agreement.
Source: Daybase Franchising, LLC, 2022 filing, page 12
Royalty and ongoing fees
| Royalty | 7% of monthly gross revenue, with a minimum of $3,500 a month. |
|---|---|
| Brand or marketing fund | 3% of monthly gross revenue, paid monthly. |
| Software License Fee | Currently $1,000 per calendar month |
The typical franchise royalty is 6% of sales, plus 2% for marketing. See franchise fees and royalties to compare.
Source: Daybase Franchising, LLC, 2022 filing, page 16
Other fees as filed, from page 16. The filing lists every fee, including late fees and audit costs.
Sales and earnings
No figures Daybase does not share sales or profit figures for its locations. Talking to current and former franchise owners is the usual way to learn what a location earns.
Source: Daybase Franchising, LLC, 2022 filing, page 71
How Daybase compares
Of the 324 business services franchises on this site, Daybase is the 323rd cheapest to open and the 290th largest by number of locations.
| Figure | Daybase | Typical business services brand | Typical franchise |
|---|---|---|---|
| Cost to open, low end | $1.25M | $77K | $222K |
| Cost to open, high end | $1.72M | $136K | $477K |
| Franchise fee | $50K | $45K | $40K |
| Royalty | 7% | 7% | 6% |
| Brand fund | 3% | 2% | 2% |
| US locations | 0 | 32 | 21 |
| Shares earnings figures | No | 187 of 324 | 2,147 of 3,352 |
Typical is the median across the 324 brands in business services franchises; typical franchise, across every brand here.
Locations opened and closed
| Year | Franchised | Company-owned | Opened | Closed |
|---|---|---|---|---|
| 2019 | 0 (0) | 0 | 0 | 0 |
| 2020 | 0 (0) | 0 | 0 | 0 |
| 2021 | 0 (0) | 0 | 0 | 0 |
Closed or left counts terminations, non-renewals, locations bought back by the franchisor and locations that stopped operating.
See which brands grew most in the fastest-growing franchises rankings.
More in the guides: franchise failure rates.
Source: Daybase Franchising, LLC, 2022 filing, page 72
Who owns Daybase?
Daybase franchises are sold by Daybase Franchising, LLC.
From Daybase Franchising, LLC’s 2022 filing.
Lawsuits and bankruptcy
| Lawsuits and regulatory actions | None. The filing says no litigation has to be disclosed. |
|---|---|
| Bankruptcy | None. The filing says no bankruptcy has to be disclosed. |
Franchisors must disclose lawsuits and bankruptcies involving the company, its parents and affiliates, and its executives. Many cases are routine disputes with franchisees over fees or contracts; read the descriptions in the filing and ask current owners about anything that worries you.
Source: Daybase Franchising, LLC, 2022 filing, litigation on page 12, bankruptcy on page 12
Daybase filings
The figures on this page come from Daybase Franchising, LLC’s 2022 filing, issued February 8, 2022, on record with the NASAA Electronic Filing Depository.
| Filing | Issued | Registry | On this page |
|---|---|---|---|
| 2022 filing | February 8, 2022 | NASAA depository | Costs, fees and locations, 2019–2021 |
Each link opens the filing as a PDF. See the newest filings across all brands.
