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Updated over 5 years ago, 07/19/2019

User Stats

262
Posts
264
Votes
Tyler Kastelberg
  • Real Estate Technology
  • San Francisco, CA
264
Votes |
262
Posts

Innovative Coworking Biz Model (Retail & Office)

Tyler Kastelberg
  • Real Estate Technology
  • San Francisco, CA
Posted

My business operates in San Francisco, and office rents are far in excess of what we can afford.

We recently stumbled upon Workshop Cafe (https://www.workshopcafe.com/) where my team and I currently work.

The business functions as co-working office space and coffee shop, allowing customers like my business to rent seats at $3 per hour.

This is awesome for the following reasons:

  1. I can take calls without worrying about loud people or coffee shop music (a common Starbucks problem in SF).
  2. We only pay for the space when we use it.

Workshop cafe has two locations and has proven they can be profitable with little scale (unlike larger competitors like WeWork).

BP Community

1) Have you seen any other innovate co-working business models?

2) Do you think this business model would work in other markets?

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