Le Village Franchise FDD, Profits & Costs (2025)
Le Village Cowork is a mission-driven coworking and childcare franchise that first opened its doors in 2019 in Chicago’s Irving Park neighborhood. Its main office is located at 3146 W Irving Park Road, Chicago. In 2023, the brand began franchising, bringing its concept to new areas throughout Chicagoland and the Midwest.
This franchise provides memberships that merge professional coworking options for adults with licensed, curriculum-based childcare for children as young as three months up to four years old. Facilities feature shared open work areas, private phone booths for calls, and childcare spaces thoughtfully designed for play, early learning, and rest.
Beyond workspace and childcare, members gain access to workshops, networking events, and community activities tailored for parents balancing careers and family life.
What makes Le Village distinctive is its commitment to empowering working families—particularly mothers—by creating a space where work, childcare, and community support come together seamlessly.
Initial Investment
How much does it cost to start a Le Village franchise? It costs on average between $214,000 – $326,000 to start a Le Village franchised facility.
This includes expenses for construction, equipment, childcare furnishings, and initial operating costs. The total investment varies based on several factors, such as the size and design of the coworking and childcare facility, its location, and whether the franchisee decides to lease or purchase the property.
| Type of Expenditure | Amount |
|---|---|
| Initial Fee | $38,000 – $46,000 |
| Travel & Living Expenses (Training) | $2,500 – $4,000 |
| Rent & Security Deposit (3 Months) | $15,000 – $20,000 |
| Leasehold Improvements | $70,000 – $125,000 |
| Equipment | $12,000 – $15,000 |
| Furniture, Office Equipment & Software | $18,000 – $20,000 |
| Signs | $500 – $1,000 |
| Licenses | $200 – $600 |
| Grand Opening | $300 – $500 |
| Marketing Fee (3 months) | $7,500 – $10,000 |
| Insurance | $4,500 – $6,500 |
| Legal Fees | $1,000 – $1,500 |
| Opening Inventory of Supplies | $4,000 – $6,000 |
| Additional Funds (3 months) | $10,000 – $20,000 |
| Miscellaneous Costs / Runway | $30,000 – $50,000 |
| Total | $213,500 – $326,100 |
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Frequently Asked Questions
How many Le Village locations are there?
As of the latest data, Le Village operates two locations in total — one is company-owned and the other is a franchise.
What is the total investment required to open a Le Village franchise?
The total investment required to open a Le Village franchise ranges from $214,000 to $326,000.
What are the ongoing fees for a Le Village franchise?
A Le Village franchise requires franchisees to pay an ongoing royalty fee of 6% of gross revenues along with a 2% marketing and advertising fee. These fees support the brand’s continued development, marketing campaigns, and operational support for franchise owners.
What are the financial requirements to become a Le Village franchisee?
To qualify financially, prospective franchisees must meet a minimum net worth of $300,000 and have at least $100,000 in liquid capital available to invest.
Who owns Le Village?
Le Village franchise is owned by Le Village Cowork Franchising, LLC, the company that developed the coworking and childcare model and manages its expansion through franchising.
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