Coworking Spaces
The Coven
St. Paul, MN · Founded 2017 · CVNX
The Coven Franchising, LLC grants franchises for the operation of The Coven® Communities, offering an inclusive network of workspaces and other related services and products.
2026 Franchise 500
Unranked
8
units (2025)33.3%
year over yearUnits by Year
22021
22022
42023
62024
82025
Total outlets at year end, from FDD Item 20.
The Investment
Initial investment
$228,400 – $410,200
FDD Item 7
Franchise fee
$50,000
FDD Item 5
Ad fund
3%
FDD Item 6
Financial performance
Yes
FDD Item 19 disclosure
Royalty
Greater of 8% of Gross Sales or $800 per month
Leadership
Alex West Steinman
Chief Executive Officer
Bethany Iverson
Treasurer
Erinn Farrell
President
On File
Franchise Disclosure Documents
Also in Coworking Spaces
More in Business Services→Read from this brand's Franchise Disclosure Documents. FDD library maintained by AskTy; figures are as filed by the franchisor.