Le Village

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Le Village

Retail
Housing

Le Village Franchise FDD, Costs & Fees (2025)

Le Village offers coworking spaces with on-site childcare, providing parents with a professional work environment while offering limited childcare services. Members enjoy a supportive community and flexible workspace options designed to balance work and family needs.

Le Village Cowork is a purpose-driven coworking and childcare franchise founded in 2019 in the Irving Park neighborhood of Chicago, Illinois. It is headquartered at 3146 W Irving Park Road, Chicago. The brand began franchising in 2023, expanding its presence across Chicagoland and into other parts of the Midwest.

Le Village offers memberships that combine flexible coworking for adults with certified curriculum-based childcare for children aged 3 months to 4 years. Each location includes open-plan workspaces, private phone booths, and dedicated childcare rooms equipped for play, learning, and rest.

Members also benefit from workshops, events, and community programs specifically designed for working parents.

The franchise stands out by supporting working families—especially mothers—through a model that blends work, parenting, and community under one roof.

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.

Type of Expenditure Amount
Initial Fee $38,000 - $46,000
Travel & Living Expenses While Attending Initial Training $2,500 - $4,000
Rent & Security Deposit (3 Months) $15,000 - $20,000
Leasehold Improvements $70,000 - $125,000
Equipment $12,000 - $15,000
Furniture, Office Equipment & Software $18,000 - $20,000
Signs $500 - $1,000
Licenses $200 - $600
Grand Opening $300 - $500
Marketing & Marketing Fee (3 months) $7,500 - $10,000
Insurance $4,500 - $6,500
Legal Fees $1,000 - $1,500
Opening Inventory of Supplies $4,000 - $6,000
Additional Funds (3 months) $10,000 - $20,000
Miscellaneous Costs / Runway $30,000 - $50,000
Total $213,500 - $326,100
Type of Expenditure Amount
Initial Fee $38,000 - $46,000
Travel & Living Expenses While Attending Initial Training $2,500 - $4,000
Rent & Security Deposit (3 Months) $15,000 - $20,000
Leasehold Improvements $70,000 - $125,000
Equipment $12,000 - $15,000
Furniture, Office Equipment & Software $18,000 - $20,000
Signs $500 - $1,000
Licenses $200 - $600
Grand Opening $300 - $500
Marketing & Marketing Fee (3 months) $7,500 - $10,000
Insurance $4,500 - $6,500
Legal Fees $1,000 - $1,500
Opening Inventory of Supplies $4,000 - $6,000
Additional Funds (3 months) $10,000 - $20,000
Miscellaneous Costs / Runway $30,000 - $50,000
Total $213,500 - $326,100

Franchise Disclosure Document

KEY FRANCHISE STATS

All you need to know about this franchise

Started franchising
2021
Franchisees

?

1
+
n.a.
n.a.
Franchise fee

?

$38,000
Investment

?

$214,000 - $326,000
Revenue (AUV)

?

Undisclosed
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$0

+
n.a.
n.a.
Operating Profit

?

Upgrade

n.a.

Home based

?

Upgrade
Passive investment

?

Upgrade
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Competitors

Below are some of

Le Village

key competitors in the

Housing

sector.

Franchise
Franchisees
Initial fee
Total investment
Revenue
Upgrade
Gross Profit
Upgrade
EBITDA
Upgrade

1

New
+
n.a.
n.a.

$38,000

$214,000

$326,000

n.a.

$0

$xxx,xxx

n.a.

xx%

n.a.

n.a.

xx%

n.a.

18

New
+
-33%
-33%

n.a.

$59,000

$156,000

n.a.

$0

$xxx,xxx

n.a.

xx%

n.a.

n.a.

xx%

n.a.

20

New
+
5%
5%

$30,000

$421,000

$878,000

n.a.

$0

$xxx,xxx

n.a.

xx%

n.a.

n.a.

xx%

n.a.

39

New
+
-17%
-17%

$35,000

$135,000

$247,000

n.a.

$0

$xxx,xxx

n.a.

xx%

n.a.

n.a.

xx%

n.a.

172

New
+
13%
13%

$15,000

$67,000

$202,000

n.a.

$0

$xxx,xxx

n.a.

xx%

n.a.

n.a.

xx%

n.a.

6

New
+
n.a.
n.a.

$49,500

$109,000

$281,000

n.a.

$516,000

$xxx,xxx

70.9%

xx%

n.a.

n.a.

xx%

n.a.

0

New
+
n.a.
n.a.

$75,000

$953,000

$1,653,000

n.a.

$0

$xxx,xxx

n.a.

xx%

n.a.

n.a.

xx%

n.a.

27

New
+
n.a.
n.a.

$49,900

$197,000

$484,000

n.a.

$0

$xxx,xxx

n.a.

xx%

n.a.

n.a.

xx%

n.a.

251

New
+
0%
0%

$50,000

$395,000

$1,278,000

n.a.

$561,000

$xxx,xxx

69.5%

xx%

n.a.

11.6%

xx%

n.a.

71

New
+
0%
0%

$55,000

$830,000

$3,215,000

n.a.

$2,876,000

$xxx,xxx

46.3%

xx%

n.a.

5.4%

xx%

n.a.

55

New
+
-8%
-8%

$30,000

$47,000

$209,000

n.a.

$0

$xxx,xxx

n.a.

xx%

n.a.

n.a.

xx%

n.a.

46

New
+
5%
5%

$30,000

$143,000

$268,000

n.a.

$337,000

$xxx,xxx

n.a.

xx%

n.a.

n.a.

xx%

n.a.

27

New
+
4%
4%

$50,000

$270,000

$714,000

n.a.

$1,859,000

$xxx,xxx

64.6%

xx%

n.a.

12.2%

xx%

n.a.

303

New
+
10%
10%

$39,900

$376,000

$798,000

n.a.

$778,000

$xxx,xxx

66.6%

xx%

n.a.

17.6%

xx%

n.a.

5

New
+
n.a.
n.a.

$49,900

$497,000

$943,000

n.a.

$1,435,000

$xxx,xxx

38.3%

xx%

n.a.

5.1%

xx%

n.a.

67

New
+
n.a.
n.a.

$60,000

$110,000

$178,000

n.a.

$190,000

$xxx,xxx

66.8%

xx%

n.a.

15.7%

xx%

n.a.

40

New
+
150%
150%

$60,000

$272,000

$499,000

n.a.

$305,000

$xxx,xxx

n.a.

xx%

n.a.

n.a.

xx%

n.a.

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Number of units

Training

Le Village provides a structured and mandatory training program to ensure franchisees and their staff are prepared to operate the business effectively. The training is comprehensive, combining in-person sessions with hands-on experience at existing Le Village Cowork locations. Below are the numbered training programs offered:

  1. Initial Training Program
    Le Village offers 40 to 80 hours of initial training for the franchisee and up to two staff members at no additional cost, though all travel and living expenses are borne by the franchisee. This program includes classroom sessions and practical training in a functioning franchise location. Successful completion is determined by the franchisor based on tests and observed performance.
  2. Manager Training
    Every manager must complete the franchisor’s manager training program before taking on operational responsibilities. If a new manager is appointed, they must complete this training within 60 days of assuming their role. Costs are covered by the franchisee beyond the first trainee.
  3. Employee Training
    All employees must complete mandatory training approved by the franchisor. The franchisee must pay for training costs and cover all related expenses for the employees’ participation. Training may be delivered by the franchisor or a third party.

Territory Protection

Le Village offers franchisees a defined territory where no other Le Village Cowork location—either franchised or company-owned—will be established during the term of the agreement, provided the franchisee remains in compliance.

This territory is outlined in the franchise agreement and is based on demographic and competitive factors. Franchisees are permitted to operate only within this designated area.

However, this territorial protection has important limitations. The franchisor may still market or sell products and services within the franchisee’s territory through other distribution channels or under different brand names.

Competitors

BoConcept

BoConcept is a modern furniture franchise specializing in contemporary and customizable designs for urban and stylish living spaces.

Franchisees

?

20
+
5%
5%
Investment

?

$421,000 - $878,000
Retail
Housing

Verlo Mattress

Verlo Mattress offers custom mattresses and sleep solutions, providing personalized comfort and support for a good night's rest.

Franchisees

?

27
+
4%
4%
Investment

?

$270,000 - $714,000
Retail
Housing

The Great Frame Up

The Great Frame Up offers custom framing services, specializing in preserving and showcasing artwork, photos, and memorabilia for lasting memories.

Franchisees

?

55
+
-8%
-8%
Investment

?

$47,000 - $209,000
Retail
Housing

Tempur-Pedic

Tempur-Pedic offers sleep products and solutions, including mattresses and accessories designed to promote comfort and restful sleep for customers.

Franchisees

?

0
+
n.a.
n.a.
Investment

?

$953,000 - $1,653,000
Retail
Housing

Snooze Mattress Company

Snooze Mattress Company is a retail franchise offering personalized mattress fitting and sales, focusing on providing high-quality sleep solutions and customer satisfaction.

Franchisees

?

27
+
n.a.
n.a.
Investment

?

$197,000 - $484,000
Retail
Housing

Slumberland

Slumberland offers furniture and bedding solutions, providing a wide range of comfortable and stylish options for creating inviting living spaces.

Franchisees

?

71
+
0%
0%
Investment

?

$830,000 - $3,215,000
Retail
Housing
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