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Serendipity Labs

Serendipity Labs Franchise International, LLC

Company Information

700 Canal Street Stamford, Connecticut 06902

[email protected]

Serendipity Labs Franchise International, LLC, a Delaware limited liability company that was formed on April 1, 2012. They do business as Serendipity Labs Franchise International, LLC or Serendipity Labs. Their principal business address is 700 Canal Street, Stamford, Connecticut 06902. They have offered franchises since June 2012.

Before you acquire franchise rights, you generally must sign a letter of intent (attached as Exhibit A), and pay a refundable initial deposit To acquire franchise nghts, you must sign a franchise agreement (attached as Exhibit B), and pay the initial franchise fee due under the franchise agreement The franchise agreement authorizes you to operate a single Lab using our distinctive business format and method (the “System”), which mcorporates mandatory methods, techmques, specifications, policies and procedures (the “Standards”), as well as non-mandatory guidelines and recommendations, that are descnbed in our confidential manuals (“Manuals”), or that are commumcated to you electromcally, m writing or by any other means The Lab operates under the mark SERENDIPITY LABS and other trademarks, trade names, service marks, logos, emblems, trade dress, and other indicia of origin that we designate for use under the System (the “Marks”) A Lab is a membership-only and hospitality-focused facility that offers members such as mobile workers, telecommuters, business travelers and project teams access to co-working, meetmg and event accommodations and services, as well as reception, telecommumcations, Internet, data transmission, videoconferencmg and related business support products and services, under a range of access options (day passes, 5 days/month, 10 days/month, unlimited co-working access/month, etc) A Lab contains multiple workspaces (including shared, team, designated and private workspaces), a reception area, a Lab Cafe, 1 or more lounges, multiple event and meeting accommodations, telecommumcations, Internet, data transmission and videoconferencing systems, and related business support products and services from trained hospitality representatives at the facility, as needed Clients subscnbe to membership plans providing for specified levels of access and services The market for the services you will offer is developing and competitive You will be competing with other national, regional and local serviced, flexible office providers, co-working facilities, meeting and training facilities and commercial office alternatives Many competitors are local entrepreneurs operating a small number of locations We are aware, however, of several national and international competitors offenng services that are similar to or competitive with the services that our Labs provide You will be offenng the Lab's services to a broad base of clients, consisting of busmess persons who require serviced and flexible workspaces and meeting spaces to conduct their busmesses

FDD Effective Date Action

Franchise Rating

Franchimp Summary Rating

10/10

Investment Accessibility

10/10

Franchise System Development

Year Units at Start of Year Units Opened Units Terminated Non-Renewals Re-Acquired by Franchisor Ceased Operations Units at End of Year

Distribution of Serendipity Labs Franchisee

Employee Contact Database

# Name Position Email Phone

Summary of Investment Costs

Upfront Franchise Fees

Minimum: $60,000 Maximum: $248,200

Upfront franchise fees are the one-time payments required to secure rights to operate under an established brand, typically ranging from $20,000 to $100,000+ depending on brand value.

These fees grant access to proprietary business systems, training programs, intellectual property rights, and often territorial exclusivity—essentially purchasing the blueprint for a proven business model.

While separate from ongoing royalties, investors should evaluate these fees against expected returns, comparing fee-to-earnings ratios across opportunities and assessing how effectively franchisors reinvest these funds into system improvements.

Total Investment Costs

Minimum: $60,000 Maximum: $2,900,400

Ongoing Fees

Ongoing franchise fees, typically structured as royalties ranging from 4-8% of gross sales, represent the continuous payments franchisees make to maintain brand affiliation and support services.

These recurring fees fund the franchisor's operational assistance, marketing initiatives, technology updates, and continued brand development—creating a partnership where the franchisor's revenue grows alongside the franchisee's success. In addition to royalties, franchisees often contribute to national advertising funds (usually 1-3% of sales) and may incur technology fees, supply chain markups, or renewal fees depending on the franchise agreement.

Investors should carefully analyze these ongoing costs within their financial projections, as they directly impact profit margins and cash flow throughout the entire franchise relationship.

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