“Sugam Elevators Franchise Opportunity – Elevator and Escalator
- Construction Franchise
- 10L - 25L
- South India, North India, East India, West India
"MySoho Franchise is one of India's fastest-growing coworking brands, known for its inspiring premium private office spaces in Tier 2 and Tier 3 cities.
With a focus on flexible workspaces and tech-enabled services, MySoho offers an excellent opportunity for franchise partners to tap into the growing demand for professional work environments.
Founded in 2020, MySoho quickly established itself as a leader in providing premium, flexible office spaces in emerging markets across northern India.
Recognizing the potential for growth in Tier 2 and Tier 3 cities, the brand focuses on creating work environments that cater to the needs of startups, small businesses, and remote workers.
Backed by venture capitalists, MySoho ensures financial stability and a growth-focused approach, setting it apart in the competitive coworking industry.
To open a MySoho franchise, the total investment starts at ₹50 Lakhs and above, depending on the location and the size of the workspace (ranging from 3,000 to 5,000 sq. ft.).
The franchise fee is a one-time, non-refundable amount of ₹3 Lakhs. MySoho offers two revenue-sharing options:
Option 1: 50% revenue share for the franchisee and 50% for MySoho, with 1% set aside for facility repairs. MySoho covers operational expenses.
Option 2: 80% revenue share for the franchisee and 20% for MySoho, with 1% set aside for maintenance. The franchisee covers operational expenses.
These options provide flexibility to franchisees in managing costs and maximizing profitability.
With the rise of hybrid work models and an increasing number of startups in India, the demand for coworking spaces continues to grow.
MySoho's strategic focus on Tier 2 and Tier 3 cities allows it to tap into an emerging market where flexible workspaces are becoming essential for entrepreneurs and small businesses.
The brand's unique approach to premium design and tech-enabled service delivery helps it stand out in the crowded workspace industry.
MySoho is actively seeking franchise partners in key Tier 2 and Tier 3 cities across northern India, including Bhopal, Gwalior, Indore, Lucknow, Agra, Jaipur, Jodhpur, Kota, and Dehradun.
MySoho provides comprehensive training for new franchisees, covering key aspects such as workspace management, customer service, sales, and marketing.
The company focuses on addressing the specific needs of emerging markets, making it an ideal choice for entrepreneurs looking to tap into the growing demand for premium coworking spaces.
Q1: How much does it cost to start a MySoho franchise?
A1: The total investment for a MySoho franchise starts at ₹50 Lakhs, depending on the workspace size and location. Flexible revenue-sharing options are available.
Q2: What kind of training does MySoho provide?
A2: MySoho offers extensive training that includes workspace management, customer service, and sales techniques. Ongoing support covers operations, marketing, and technology integration.
Q3: Where can I open a MySoho franchise?
A3: MySoho is expanding in Tier 2 and Tier 3 cities like Bhopal, Indore, Jaipur, and more. Contact us to find out if your preferred area is available.