For the first 5.5 years Collective Agency was in a 5,000 sf space in Portland Oregon; now we’re in two smaller spaces in different areas of town.
*- How long do you run the space and what is your function? *
7.5 years so far. I’m the ‘business owner’. When we started I was the ‘main community organizer’. 12 months in, I stepped away for 9 months and someone else owned the business and I was a paying member, then it transferred back.
- From your clients, what is the average team-size (e.g. a group of members, startup, space users) and how much space do they get in m² or ft² ?
We’ve always limited it to 20 members per company maximum. We had a big internet company that started with 1, then 3, then 16 memberships, then moved out while they were hiring to what would’ve been 26 people. Portland has a law that the maximum capacity per room is 49 people without a permit or special license, and a 2,500 sf main room was too big for that.
- How big is the team to run and manage the space and what are their functions?
For events, two people paid to setup and cleanup and greet is great. One person on-site for most of it is great. For coworking, if you have a really good community and culture, 1 person. We have many contractors, such as for cleaning, internet, etc. Many members are actively involved in various ways.
- When did you hit the ROI?
5 weeks after opening with our first space we made back all expenses including paying myself the monthly employee rate, and we were cash-flow positive before opening our second space. I’m looking to expand to up to 5 locations in Portland as the next phase; interested in loans at a 5% to 7% yearly interest rate - if you know people who are interested. https://collectiveagency.co/
Alex
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Alex Linsker • Business Owner
Collective Agency • Coworking Spaces with Cozy Community
work 503-915-4769 • personal 503-369-9174
3050 SE Division Street, Suite 245 • Portland Oregon 97202
511 SW 10th Avenue, Suite 1108 • Portland Oregon 97205
On Tue, Jan 22, 2019 at 5:03 AM AdventureUwe [email protected] wrote:
Dear fellow coworkers,
Do you have experience in running a coworking space in the size of around 700 m² = 7535 ft² ?
I am interested in real numbers and experience of running such a space with that size.
- How long do you run the space and what is your function?
- How many people can fit in a coworking space of roughly an area of 7535 ft²?
and can you divide numbers in following groups: Number of singe members: AND Number of teams:
- From your clients, what is the average team-size (e.g. a group of members, startup, space users) and how much space do they get in m² or ft² ?
- How big is the team to run and manage the space and what are their functions?
- When did you hit the ROI?
It really means a lot to me to get an idea of a space of that size!
Thanks,
Uwe
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