Intelligent Office Franchise FDD, Costs & Fees (2024)
KEY FRANCHISE STATS
All you need to know about this franchise in a snapshot
Initial franchise fee
$49,500
Investment required
$178,000 - $1,641,000
Intelligent Office: Leading the Evolution in Flexible Workspace Solutions
Intelligent Office is a leading franchise in the business services industry, providing flexible office spaces, virtual office services, and administrative support designed to meet the needs of modern entrepreneurs and small business owners.
Founded in 1995, Intelligent Office was a pioneer in the virtual office space, offering solutions that have evolved with the changing demands of businesses over the past few decades. The company is headquartered in West Palm Beach, Florida, and has grown to become a significant player in the $32 billion flexible workspace industry.
The franchise began offering opportunities to entrepreneurs who are passionate about helping small businesses thrive. Intelligent Office stands out from the competition by offering a comprehensive suite of services beyond just office space.
Initial investment
Here's what you would need to invest if you were to start this franchise. These costs are provided by the franchisor in the Franchise Disclosure Document.
Expenditure | Amount |
Initial Franchise Fee | $49,500 |
DSS Fee | $9,750 - $19,500 |
Transportation and Meals During Training School | $500 - $5,000 |
Professional Fees and Other Legal Fees | $15,000 - $60,000 |
Architectural Services | $0 - $85,000 |
Leasehold Improvements | $0 - $400,000 |
Initial Marketing Launch | $45,000 - $90,000 |
Fixtures, Furniture and Equipment | $20,000 - $326,746 |
Site Lease Deposit | $0 - $400,000 |
Office And Kitchen Supplies | $1,000 - $5,000 |
Pre-Opening Staff, Salaries, Travel and Training | $5,000 - $30,000 |
Insurance | $2,000 - $20,000 |
Additional Funds – 6 Months | $30,000 - $150,000 |
Total Estimated Initial Investment | $177,750 - $1,640,746 |
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Franchise Disclosure Document
Training
Intelligent Office Franchise provides a comprehensive training program that equips franchisees with the knowledge and skills necessary to successfully operate and grow their business. The training is multi-faceted and includes the following components:
- Initial Training: Franchisees begin with an in-depth initial training program that covers all aspects of the business, from understanding the Intelligent Office service offerings to managing daily operations. This training typically includes both classroom instruction and hands-on experience, allowing franchisees to learn how to deliver high-quality services such as virtual office solutions, administrative support, and workspace management.
- Ongoing Support: Beyond the initial training, Intelligent Office offers continuous support to franchisees. This includes access to an experienced support team that provides guidance on marketing, client acquisition, and operational efficiencies. Franchisees also benefit from regular updates on industry trends, best practices, and new technologies that can help them enhance their services and grow their business.
- Technology Training: Intelligent Office places a strong emphasis on the use of technology to manage and streamline business operations. Franchisees receive training on the proprietary systems used for scheduling, communication, and client management, ensuring they can efficiently handle the various aspects of running a flexible workspace and virtual office service.
Territory Protection
Intelligent Office franchise offers territory protection to its franchisees. This means that each franchisee is granted an exclusive geographic area where they have the sole rights to operate an Intelligent Office franchise.
This protection ensures that no other franchisee can open or operate within the same territory, allowing franchisees to establish and grow their business without the concern of internal competition.
The specific size and boundaries of the protected territory are determined based on factors such as market potential, population density, and the demand for business services in the area.