FlexSpace Coworking (Dedicated & Private Offices)

1. Executive Summary

Business Concept:

FlexSpace is a premium coworking space offering Dedicated Desks and Private Office seats for freelancers, startups, and SMEs. The focus is on professional, cost-effective workspaces with premium amenities.

Vision:

To be the leading coworking space for professionals and small businesses.

Mission:

Provide high-quality, flexible workspaces that enhance productivity and collaboration.

Objectives:

Launch a 30,000 sq.ft coworking space with 1,000 workstations.
Achieve 70% occupancy in the first year.
Generate operational revenue of ₹4.8 Cr in Year 1.
Build long-term value through property appreciation and cash flow.

2. Business Description

Services Offered:

Dedicated Desks (800 seats)
Private Office Seats (200 seats)
Meeting & Conference Rooms
Virtual Office Services
Event Spaces & Networking Programs
Premium Amenities: High-speed Wi-Fi, Lounge Areas, Cafeteria, Printing & IT Support

Unique Selling Proposition (USP):

Cost-effective pricing per seat
Modern, ergonomic workspace design
Flexible monthly membership plans
Prime location with excellent connectivity

3. Market Analysis

Target Market:

Startups & SMEs: 50%
Freelancers & Remote Workers: 30%
Corporates for satellite offices: 20%

Competition:

Local coworking spaces and major players: WeWork, Awfis
Competitive Advantage: Lower cost per seat, professional environment, flexible monthly plans

Market Opportunity:

Growing demand for flexible office solutions in India
Startups and SMEs preferring cost-effective dedicated workspaces

4. Marketing & Sales Strategy

Marketing Channels:

Digital marketing: SEO, Google Ads, Social Media
Referral programs and networking events
Corporate tie-ups and bulk membership deals

Sales Strategy:

Tiered membership plans: Dedicated Desks and Private Offices
Corporate packages for teams
Early-bird and loyalty promotions

5. Operations Plan

Location & Infrastructure:

30,000 sq.ft commercial space
Zones: 800 Dedicated Desks, 200 Private Office seats, Meeting Rooms, Lounge, Cafeteria

Staffing Plan:

Community Manager
Front Desk/Admin Staff
IT & Maintenance Team
Cleaning & Cafeteria Staff

Technology Stack:

Access Control Systems
High-speed Wi-Fi
Meeting Room Booking Software
CRM for Member Management

6. Financial Plan

Revenue Calculation (Full Occupancy):

Dedicated Desks: 800 × ₹4,000 = ₹32,00,000/month → ₹3.84 Cr/year
Private Office Seats: 200 × ₹4,000 = ₹8,00,000/month → ₹0.96 Cr/year

Total Annual Revenue: ₹4.8 Cr
Operating Expenses (50%): ₹2.4 Cr
EBITDA: ₹2.4 Cr

Property Appreciation (8%/year, Compounded):

Year	Property Value (Cr)	Appreciation (Cr)	Total Asset Value (Cr)
0	18.00	-	19.00
1	19.44	1.44	20.44
2	20.99	1.55	21.99
3	22.67	1.68	23.67
4	24.49	1.82	25.49
5	26.45	1.96	27.45

Total Returns (Revenue + Property Appreciation):

Year	EBITDA (Cr)	Property Appreciation (Cr)	Total Gain (Cr)
1	2.4	1.44	3.84
2	2.4	1.55	3.95
3	2.4	1.68	4.08
4	2.4	1.82	4.22
5	2.4	1.96	4.36

7. Risk Analysis

Market Competition: Mitigated with cost-effective pricing and quality amenities
Low Occupancy: Addressed via corporate tie-ups, promotions, and referrals
Economic Downturn: Flexible monthly memberships, diversified revenue

8. Exit Strategy

Sale to larger coworking chains
Franchise expansion
Corporate acquisition

Financial Overview: Investment & ROI

1. Required Investment

Item	Cost (₹)
Commercial Space (30,000 sq.ft @ ₹6,000/sq.ft)	18,00,00,000
Interior & Furnishing	60,00,000
Technology & Infrastructure	20,00,000
Marketing & Pre-launch	10,00,000
Contingency	10,00,000
Total Investment	19,00,00,000 (~₹19 Cr)

2. Projected Revenue & EBITDA (Year 1)

Dedicated Desks: 800 × ₹4,000 = ₹32,00,000/month → ₹3.84 Cr/year
Private Office Seats: 200 × ₹4,000 = ₹8,00,000/month → ₹0.96 Cr/year
Total Annual Revenue: ₹4.8 Cr
Operating Expenses (50%): ₹2.4 Cr
EBITDA: ₹2.4 Cr

3. ROI & Payback

Property Appreciation: 8%/year compounded
Cumulative 5-Year EBITDA: ₹12 Cr
Property Appreciation over 5 Years: ₹8.45 Cr
Total Gain: ₹20.45 Cr
ROI: 20.45 ÷ 19 ≈ 107.6%
Payback Period: ~2.5–3 years

Appendix

I. Market Survey Data

1. Market Size & Growth

Market Value: India's coworking office space market is projected to grow from USD 3.98 billion in 2025 to USD 7.71 billion by 2030, reflecting a 14.14% CAGR.
Corporate Sector Demand: The corporate coworking market in India is expected to reach USD 1.33 billion in 2025, with a 17.9% CAGR, driven by IT and finance sectors.

2. Demand Drivers

Hybrid Work Adoption: Approximately 73% of occupiers in India are adopting hybrid work models, sustaining demand for flexible leases.
Freelancer Growth: Around 34% of Indian professionals are considering gig or freelance work in 2025, increasing demand for affordable, flexible workspaces.

3. Regional Insights

Tier-2 Cities Growth: Tier-2 cities like Jaipur, Indore, and Kochi are experiencing a 40% year-over-year increase in coworking space absorption, outpacing Tier-1 cities.
Top Metro Cities: Cities such as Bangalore, Gurgaon, Mumbai, and Hyderabad are leading the surge in coworking space demand, with a 15% CAGR through 2027.

4. Sectoral Demand

IT Sector: The Information Technology sector commanded 44.7% of revenue in 2024 and is expected to continue leading the demand for coworking spaces.
Freelancers & Startups: Freelancers and startups are projected to grow at a 15.67% CAGR through 2030, indicating a strong preference for flexible workspaces.

II. Membership Plans

1. Dedicated Desk Membership

Seats Available: 800
Price per Seat: ₹4,000/month
Facilities Included: High-speed Wi-Fi, 24/7 access, Lounge access, Printing & IT support
Ideal For: Freelancers, remote workers, and small startups seeking individual workstations

2. Private Office Membership

Seats Available: 200
Price per Seat: ₹4,000/month (per seat)
Facilities Included: Dedicated lockable office space, high-speed Wi-Fi, Meeting rooms, Lounge & Cafeteria access
Ideal For: Small teams and startups requiring private space and confidentiality

3. Optional Add-ons

Virtual Office Services: ₹1,500/month
Meeting Room Booking: ₹500/hour
Event & Networking Access: ₹1,000/month

III. Staffing Plan

1. Management & Administration

Community Manager: Oversees daily operations, member engagement, and overall coworking experience
Front Desk/Admin Staff: Handles reception, membership inquiries, billing, and visitor management

2. Operations & Maintenance

IT & Maintenance Team: Manages network, hardware, software, and general maintenance of the facility
Cleaning & Cafeteria Staff: Ensures hygiene, cleanliness, and smooth cafeteria operations

3. Optional / Part-Time Roles

Event Coordinator: Organizes workshops, networking events, and community activities
Marketing Executive: Promotes memberships, digital campaigns, and corporate tie-ups

Thank You!

We appreciate your time and consideration in reviewing the FlexSpace Coworking Business Plan.

Contact Us: FlexSpace
Phone: +91 7303 186736