
The Coven
Business Services · Other Business Services
Description
What is The Coven?
Co-working spaces with a community focus on equity, inclusion, and belonging
The Coven is a woman-owned co-working franchise that offers inclusive, community-driven workspaces designed for professionals seeking belonging and growth. Founded in 2017 in Minneapolis,
The Coven provides a range of services, including shared coworking spaces, private offices, meeting and event venues, virtual mail services, and access to a vibrant digital community. Their franchise model empowers local entrepreneurs to create spaces that reflect both The Coven’s bold brand and the unique character of their communities. With a focus on equity and inclusion, The Coven is particularly committed to fostering environments where marginalized communities can thrive.
- Women-led coworking space
- BIPOC-inclusive membership
- Mission-driven professionals
- Freelancer & startup focused
- Community organizing venue
- Enterprise team memberships
Location Analysis
Where The Coven wins
Is your territory available?
We'll take you through a few quick questions, then The Coven confirms availability directly.
Financial Analysis
The numbers behind The Coven
Financing partners
Vetted partners, tailored to franchisees
Your Franzy advisor can connect you with these partners later in the process — competitive rates, specialized in franchise financing.
FranFund
CRF USA
Nonprofit SBA lender; provides financing for franchise acquisitions, startups, and expansion.
First Bank of the Lake
Pension Pros
The model
How The Coven works
This franchise is flexible — it can be run either way.
Owner stays in an executive role — sets strategy, hires a manager, and oversees crews. Typically 5–20 hr/wk after ramp; many keep their day job.
Owner runs the business as their primary job — leads the team day-to-day on the ground, 40+ hr/wk.
Sells to businesses, contractors, or property owners.
Sells directly to consumers and homeowners.
Serves both businesses and consumers.
FDD Item 7
Initial investment range
The investment range midpoint (from range reported on Item 7) is $319,300 and financing can reduce cash-at-close by 80–90%.
FDD Item 19
Average gross sales
According to Item 19 of the Franchise Disclosure Document, The Coven has an average gross revenue of $567K. (Note: This information is based on the latest FDD in our records. Please review the Franchise Disclosure Document (FDD) and confirm this information directly with the brand. We make no claims of accuracy for the information presented.)
Over time
Franchise footprint
2026 Franchise Disclosure
FDD documents
Below are items 2, 3, 4, 7, 11 and 19 for The Coven's 2026 FDD. The complete FDD is delivered to you directly by the franchisor, per the FTC Franchise Rule.
Connect to download Items 2, 3, 4, and 11 — direct from the franchisor.
Buyer FAQs
Frequently asked questions
The initial investment for a The Coven franchise typically ranges between $228,400.00 and $410,200.00. This includes the franchise fee, equipment, real estate, and other startup costs. To get a detailed breakdown and better understand the financial requirements, we recommend scheduling a call with the Franzy team. We'll walk you through the specifics and answer any questions you might have. For more detailed information, refer to the financial sections of the FDD.
Disclaimer. The information provided on this page is based on the latest Franchise Disclosure Document (FDD) we have on record, which was issued in 2026. This information is for informational purposes only and is not intended to constitute legal, financial, or business advice. We make no guarantees or claims regarding the completeness or accuracy. Only the franchisor can confirm that the information is complete and accurate and we recommend consulting the franchisor directly for the most recent FDD and regarding any questions that you may have about the information provided.








