Local Real Estate Developers Sign Franchise Agreement to Open Revolutionary Coworking Concept in the New Orleans Metropolitan Area
NEW ORLEANS — SUCCESS Space™, the coworking concept developed under the umbrella of the multi-billion-dollar company eXp Holdings, Inc., announced it has signed a franchise agreement with reputable real estate developers and local couple, Michael and Rebecca Robb. The duo signed on with the brand to open a SUCCESS™ Space location in New Orleans in the fall of 2022.
Designed to meet the demand for a suburban, modernized workspace, the SUCCESS™ Space franchise concept includes coworking spaces, a robust cafe offering a wide variety of food and beverages, and SUCCESS™ certified coaching services offered through its proprietary metaverse technology, SUCCESS™ World, for virtual collaboration. The emerging SUCCESS™ Space brand aims to support and enhance the growth of local business professionals and solopreneurs that are both socially minded and technically savvy.
“An investment with SUCCESS™ Space was an easy choice, especially given the concept is backed by the incredibly successful eXp World Holdings and its founder, Glenn Sanford,” said Rebecca Robb. “This concept brings new meaning to work from home, as our facilities and services are unlike any other traditional office or coworking concept—with key differentiators including the certified business and professional coaching, coworking space by the month or minute and a complete cafe offering. I’m confident that this location will be an incredibly valued addition to the community, and will foster both personal and professional growth among the people who live here.”
With their combined extensive professional backgrounds in technology, realty and office management, and as real estate, digital marketing, and fundraising entrepreneurs, Michael and Rebecca have unique skillsets that make them ideal SUCCESS™ Space franchisees. Having worked in both telework and office settings, Michael and Rebecca are excited to bring new coworking opportunities to the New Orleans suburbs and strengthen the local community.
By targeting suburbs, SUCCESS™ Space supports professionals closer to home and meets the various needs of entrepreneurs and professionals with business support resources traditionally reserved for large companies. The SUCCESS™ Space coworking concept offers rent-by-the-minute office space, giving local businesses and professionals the power to rent offices on an as-needed basis in both short-term and long-term capacities. SUCCESS™ Space coworking environments facilitate conversation and collaboration across communities through certified coaching services and by offering contemporary event space designed to bring local professionals together. Each location offers access to its own Success World metaverse, which gives professionals from all over the world an online platform to connect outside of a physical location. Whether its users are meeting for business, coffee or happy hour, SUCCESS™ Space is an innovative private space to think deeply, meet together and ideate.
“We’re excited to welcome Michael and Rebecca Robb to the SUCCESS™ Space team and bring a location to New Orleans,” said Ted Laatz, president of SUCCESS™ Space. “Michael and Rebecca, like us, truly believe in the SUCCESS™ Space mission to combine coworking and coaching in local communities. I’m confident that their strong background in management and realty will pair well with our model, and that they will play a critical role in establishing a strong local brand presence.”
As an emerging franchise concept, SUCCESS™ Space is expanding nationally with both single and multi-unit franchise operators. Ideal franchisees are those who understand that the way we “work” is changing. SUCCESS™ Enterprises is looking for smart business people to invest in their local communities who have a background in realty, management, or other retail-relevant business experience, and are well-capitalized to support the initial SUCCESS™ Space investment ranging between $454,650 and $776,150.
To learn more about SUCCESS™ Space and its franchise opportunities, visit https://successfranchise.com/.
About SUCCESS™ Space
Backed by parent company eXp World Holdings, Inc., the SUCCESS™ Space model developed by SUCCESS™ Enterprises is a concept that is revolutionizing the coworking model. Offering highly flexible on-demand rentals, access to onsite professional business coaching, virtual world communication technology, full-service cafes and the backing of the SUCCESS™ brand, SUCCESS™ Space locations are a new kind of coworking solution with a focus on servicing suburban communities. As the leading voice of personal and professional development for nearly 125 years, SUCCESS™ Enterprises is using the SUCCESS™ Space business model to complement its mission to enhance the way people collaborate and cowork. For more information visit www.successfranchise.com
About SUCCESS™ Enterprises
SUCCESS™ Enterprises, a multi-platform media company, is the leader in personal and professional development, offering content, resources and training to inspire, motivate and educate. Its flagship property, SUCCESS™ magazine, was founded in 1897 by achievement philosopher Orison Swett Marden. In addition to the printed magazine, companion media properties within SUCCESS™ Enterprises include SUCCESS.com, SUCCESS Coaching™, SUCCESS Space, podcasts, newsletters, digital training courses, and Achievers All-Access, an online platform that further expands resources and training for its members. SUCCESS™ Enterprises is owned by eXp World Holdings, Inc. (Nasdaq: EXPI). For more information visit www.success.com.
Safe Harbor Statement
The statements contained herein may include statements of future expectations and other forward-looking statements that are based on management’s current views and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in such statements. Such forward-looking statements speak only as of the date hereof, and the company undertakes no obligation to revise or update them. These statements include, but are not limited to, statements about expansion of the SUCCESS™ business model; demand for personal and professional development resources; and revenue growth and financial performance. Such statements are not guarantees of future performance. Important factors that may cause actual results to differ materially and adversely from those expressed in forward-looking statements include changes in business or other market conditions and other risks detailed from time to time in eXp World Holdings, Inc.’s (Nasdaq: EXPI) Securities and Exchange Commission filings, including, but not limited to, the most recently filed Quarterly Report on Form 10-Q and Annual Report on Form 10-K.