MySoho - Franchise Opportunity
Business is on Platinum Plus Plan
Space Req.
3000 - 5000 Sq.ft
Investment Range
Rs. 75Lakhs - 1Crore
Franchise Outlets
Less than 10

MySoho is a workspace company, which is building inspiring Premium Private Office spaces in Tier2 and Tier3 cities of the country. It is one of the fastest-growing Co-working brands in the northern part of the country. Flexible spaces with Premium design language, technology-based service delivery, and best-in-class service experience, is what MySoho delivers to its members and community.

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Why Should you choose MySoho Franchise in India? 

1. Our Markets: Tier 2 & Tier 3 towns are the hotbed for growth for the Economy, Enterprises, and Startups. These are the markets we are tapping into.

2. Our Ecosystem: For growth to accelerate in these markets, Entrepreneurs will require, ecosystems, Space, and Funds. MySoho is addressing all the 3 needs through its bouquet of services.

3. Our Industry– Flexible Workspaces: Flexible Workplaces, Work-From-Home (Hybrid)

4. Our Stability: MySoho is backed by ‘Venture Capitalists’ which clearly means we are serious about growth, and we are an ethically run organization.

5. Our Business Model: Our Business model ensures, healthy and assured returns for the Asset Owner, with optimized investments.

6. Our Product: An unique and Inspiring Design language for our workspaces, with built-in technology for efficiency and standardization.

Financials / ROI 

• Investment per SFT (inclusive of all fit-outs + Furniture + Equipment + Decor + Architect Fees) =Rs 1800per SFT +GST

• Franchisee Fee :3 Lacs one time and Non-refundable

• Gross Revenue share breakup

• Option 1:50% for Franchisee:50%for MySoho – 1%from both parties is kept aside for repairs and maintenance of the facility.

• Option 2:80% for Franchisee:20% for MySoho – 1%from Franchisee share is kept aside for repairs and maintenance of the facility.

• Operations costs

• In Option 1: Opex costs are borne by MySoho 

• In Option 2: Opex costs are borne by Franchisee

• Periods • Lease – 9 years • Lockin– 3 yrs to 4 yrs • Notice – 2 mths (Post lockin)

Role of MySoho

• Designs/Layout /Architect deployment for supervision of project

• Extending all central tie-ups to Franchisee– Furniture, AC, Security, Lighting, etc 

• OperationsManagement

• OperationsCosts

• Tech Deployment

• Sales & Marketing

Frequently Asked Questions

1. Are there more options better than a Cowork?

Ans. Yes, there are more than enough options available, but what Cowork does is it keep revenue stable. • Revenue is distributed among many clients & never becomes ZERO, in traditional cases when a tenant leaves. As per survey an average property is empty for 12 months in 48 months. Hence you need to divide the rent received of 36 months in 4 years.

2. Why Should I choose MySoho?

Ans MySoho is a ’growth’ serious brand, run by 3 CoFounders who have heavy industry & service background. • MySoho is backed by ‘Venture Capitalists’ which means our business ethics, processes, compliances are Top Notch.

3. How is MySoho sure of its business potential?

Ans.  At MySoho, we shortlist cities, towns & demography based on the:  – Office Demand captured on Google Search – Startups & Influencers Registered – Pincode wise Analogy of Population & Per Capita Income – Business & Education Focus Towns Based on these, we shortlist a city so that we are completely sure of the demand

4. How is MySoho sure of paying me back?

Ans. We are already running 5 centers profitably with Spotless payout to landlords & vendors • We reach 50% Occupancy in 3 Months & 80% Occupancy in 4 Months

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Operations Commenced On: 2020 Franchising / Distribution Commenced On: 2022 Number of Employees: Not Revealed
Business Models
Industry Segment Investment Franchise Fee Space Expected No of Hours / month Expansion Location/s
Real Estate Franchise Real Estate Services, Portals, Online,Marketing Rs. 75Lakhs - 1Crore Rs. 2lakhs -5 lakhs 3000 - 5000 Less than 10hrs 9 places
Preferred Expansion Locations
Bhopal, Gwalior, Indore, Lucknow, Agra, Jaipur, Jodhpur, Kota, Dehradun,
Ideal Entrepreneur Profile
What should be the Education level of an Entrepreneur? : Not Revealed
What should be the skill set of an Entrepreneur? :
Not Revealed
What is that the business seek from an Entrepreneur? : No Ideal Franchisee Profile
Previous Experience of Entrepreneur? :
Not Revealed
There are currently no FAQ's from MySoho.
There are currently no events hosted by MySoho.
There are currently no news posted by MySoho.
1 Review
User Membership
Array on Dec 30, 2022 06:26 AM
Rated by FranchiseBazar
Please to post a review for MySoho
Image Gallery
MySoho has not uploaded any photographs till now.
Video Gallery
MySoho has not uploaded any video till now.
Business Information
How many franchisees are presently operational in home country? : Less than 10
How many franchisees do you have across the world? : Not Revealed
Franchisees presently available in home country at : Not Revealed
How many company owned outlets do you have? : No Outlets
Company owned outlets presently available at : Not Revealed
Documentation Details
Do you have a Franchise Agreement? : Yes
Term of Agreement? : Not Revealed
Do you have an Operations Manual? : Yes
Do you have a Bankable Business Plan? : Yes
Training Details
Do you have a Training Manual? : Yes
Where is the Initial Training conducted? : Not Revealed
How long is the Initial Training Programme? : Not Revealed
Mention a few lines on the post start up training assistance the company provides : Not Revealed
Business Suitability
Is Franchise/Business Opportunity suitable for women? : Yes
Is Franchise/Business Opportunity suitable for Senior citizens, retired professionals and/or people above 50 years of age? : Yes
Is Franchise/Business Opportunity suitable for Fresh Graduates and/or Students? : Yes
Can the franchisee work from home? : No
Is Franchise/Business franchising internationally? : No
Is Franchise/Business seeking Multiple/Master Franchisees? : Yes
Does this Franchise/Business qualify as a Multi Level Marketing Opportunity - MLM Business? : No
Is this Frnachise/Business a Manufacturing/Job work or an assembly related opportunity? : No

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