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At My Branch, we are transforming the traditional Coworking space landscape through innovative revenue-sharing partnerships with property owners. Our unique model leverages the strengths of both parties to create a seamless, profitable, and sustainable business venture.
With an aim to further spread out MyBranch services even to Tier IV & Tier V cities and service office solutions needs of the corporates in India, this model works the best with property owners in these smaller cities.
Explore how the model works and the benefits it offers to property owners.
A Brief Overview of the Partnership Model
Revenue Sharing Partnership
Our model is built on a revenue-sharing partnership between the property owner and MyBranch. The property owner has the opportunity to earn a fixed share on every occupied seat. This collaboration ensures mutual growth and profitability.
Revenue is shared on a per-seat basis between the property owner and MyBranch. This transparent model ensures that earnings are directly tied to the occupancy and utilization of the space.
Property owner should have a space in a good micro market for about 300 to 400 square feet.
Three-Year Lease and Franchise Agreement
The foundation of our partnership is a three-year lease and franchise agreement. This term provides stability and ample time to maximize revenue for both parties.
No Security Deposit
One of the standout features of the model is that it requires no security deposit to be paid by the property owner. This reduces the initial financial burden, making it easier to enter into the partnership.
Marketing Activities
Marketing & Branding activities to attract more occupants will be done completely by MyBranch.
Basic Amenities
We ensure that all basic amenities are provided in the offices, including office furniture, washrooms, electricity, cooling systems, meeting rooms, and tea/coffee machines. This makes the space appealing to potential clients and encourages higher occupancy rates.
Responsibilities of the Property Owner
Furniture and Fit-Out Work
The property owner is responsible for providing furniture and carrying out fit-out work to ensure the space is ready for occupancy.
Electricity Bill Payment
The property owner handles the payment of electricity bills.
Daily Maintenance
The property owner also manages daily maintenance tasks to ensure the coworking space remains functional and appealing.
Responsibilities of MyBranch
Branding and Marketing
MyBranch takes charge of all branding and marketing efforts to attract potential clients.
Client Acquisition
From day one, MyBranch works to bring in clients, ensuring that the space is occupied and revenue starts flowing immediately.
Billing to Clients
MyBranch handles all billing activities, providing a hassle-free experience for property owners.
Benefits for Property Owners
Immediate Revenue Generation
One of the significant advantages of partnering with MyBranch is the immediate revenue generation. Both MyBranch and the property owner start earning revenue from day one, ensuring a quick return on investment.
Revenue Breakdown
Property owners receive 60% of the revenue until the occupancy reaches 50% & 50% revenue sharing post 50% Occupancy. This aligns both parties to maintain high occupancy rates at all times. A good share of the revenue can be earned by the property owner, if the occupants are brought in by his/her reference.
Join the MyBranch Network
Partnering with MyBranch opens up new revenue streams and provides a platform for growth in the booming coworking space industry. Our model is designed to minimize risks and maximize returns for property owners.
Get Started Today
If you are a property owner looking to capitalize on the growing demand for office spaces, contact us today. Join the MyBranch network and embark on a journey towards sustainable and profitable business growth.
Why Choose MyBranch?
Proven Success
MyBranch has a proven track record of creating successful coworking spaces across various tiers of Indian cities. Our experience and expertise in the market make us a reliable partner for property owners looking to enter the coworking space industry.
Strong Market Presence
Our robust marketing strategies and strong market presence in 70+ cities ensure that your Coworking space will attract clients quickly. We leverage our brand reputation and extensive network to fill seats and generate revenue swiftly.
Seamless Operations
By taking on the responsibilities of branding, marketing, and client acquisition, MyBranch allows property owners to focus on maintaining the space and managing their property. This division of tasks leads to seamless operations and high client satisfaction.
Long-Term Growth
Our three-year lease and franchise agreement provide a stable foundation for long-term growth. The flexible revenue-sharing model adapts to the occupancy levels, ensuring that both MyBranch and the property owner benefit as the business grows.
STILL HAVE QUERIES ?
Want to know more about MyBranch, Our services. Want answers for your questions? Please talk to our friendly team.
