Congrats, Angel! And thanks for the transparent sharings! Tony
On Sat, Feb 27, 2016 at 10:56 AM, Angel Kwiatkowski <[email protected]> wrote: > We've always intended to release our numbers but we've been too young to > actually have enough data to do anything with. Cohere Bandwidth: rock solid > rehearsal space is now 8 months old. We built community and awareness from > Feb 2013 to now and didn't open until June of 2015. > > Caveats: our rent is super low for where we are in Fort Collins, CO. We're > in a real estate boom again. The first Cohere (coworking) location opened > just 1/2 block from where Bandwidth is 6 years ago. We paid $12/ft2 gross > for a 1,000 ft space. Fast forward 6 years and the going rate for > commercial real estate is now somewhere between $24-$35/ft2 depending. We > pay just under $12/ft2 + $600/month repaying our landlord for $120,000 > buildout over the course of 10 years. So, we have a sweet deal. Unheard of > really and frankly the only thing that keeps us going. > > We have yet to see an excess in revenue for any given month. Luckily the > Cohere office space is doing REALLY well and is Bandwidth's sugar momma > right now. Enjoy the post and wait a hot second for the big infographic to > load. http://coherebandwidth.com/blog/backstage-pass-stats-financials/ > > Love, Angel > > -- > Visit this forum on the web at http://discuss.coworking.com > --- > You received this message because you are subscribed to the Google Groups > "Coworking" group. > To unsubscribe from this group and stop receiving emails from it, send an > email to [email protected]. > For more options, visit https://groups.google.com/d/optout. > -- Visit this forum on the web at http://discuss.coworking.com --- You received this message because you are subscribed to the Google Groups "Coworking" group. To unsubscribe from this group and stop receiving emails from it, send an email to [email protected]. For more options, visit https://groups.google.com/d/optout.
