How much does a The Coven franchise cost?
Opening a The Coven franchise takes a total initial investment of $228,400 to $410,200, according to the brand's 2026 Franchise Disclosure Document. That FDD's Item 19 publishes no median; it reports figures for total gross sales - minneapolis community - calendar year ended December 31, 2024: $471,809.
The Coven franchises Communities. Category: Business Services.
Item 7
What it costs to open a The Coven franchise
The franchisor's own estimated initial investment, as disclosed in its 2026 FDD. The total is $228,400 to $410,200. Each line below carries the FDD page it was read from.
Where the money goes
The largest costs are Fixtures & Furniture ($75,000 to $145,000), Rent (3 months) ($45,000 to $84,000), and Coven Design Services ($15,000 to $25,000). Together they make up about 62% of the high-end estimate.
The initial franchise fee is $50,000, about 22% of the low-end total.
Our arithmetic from the Item 7 table below.
| Expenditure | Low | High | Source |
|---|---|---|---|
| Initial Franchise Fee2026 FDD, Item 7, p. 8 | $50,000 | $50,000 | 2026 FDD, Item 7, p. 8 |
| Site Selection Assistance2026 FDD, Item 7, p. 8 | $0 | $2,000 | 2026 FDD, Item 7, p. 8 |
| Rent (3 months)2026 FDD, Item 7, p. 8 | $45,000 | $84,000 | 2026 FDD, Item 7, p. 8 |
| Lease, Utility and Security Deposits2026 FDD, Item 7, p. 8 | $2,000 | $10,000 | 2026 FDD, Item 7, p. 8 |
| Design and Architectural Fees2026 FDD, Item 7, p. 8 | $5,000 | $10,000 | 2026 FDD, Item 7, p. 8 |
| Coven Design Services2026 FDD, Item 7, p. 8 | $15,000 | $25,000 | 2026 FDD, Item 7, p. 8 |
| Leasehold Improvements2026 FDD, Item 7, p. 8 | $5,000 | $20,000 | 2026 FDD, Item 7, p. 8 |
| Equipment2026 FDD, Item 7, p. 8 | $2,500 | $5,000 | 2026 FDD, Item 7, p. 8 |
| Fixtures & Furniture2026 FDD, Item 7, p. 9 | $75,000 | $145,000 | 2026 FDD, Item 7, p. 9 |
| Inventory2026 FDD, Item 7, p. 9 | $1,000 | $5,000 | 2026 FDD, Item 7, p. 9 |
| Tech Fee (Including 3 months of fees)2026 FDD, Item 7, p. 9 | $4,400 | $9,200 | 2026 FDD, Item 7, p. 9 |
| Signage2026 FDD, Item 7, p. 9 | $2,500 | $10,000 | 2026 FDD, Item 7, p. 9 |
| Training Expenses2026 FDD, Item 7, p. 9 | $2,000 | $8,000 | 2026 FDD, Item 7, p. 9 |
| Community Grand Opening and Pre-Sale Marketing Campaign2026 FDD, Item 7, p. 9 | $10,000 | $10,000 | 2026 FDD, Item 7, p. 9 |
| Licenses, Permits and Professional Fees2026 FDD, Item 7, p. 9 | $3,000 | $5,000 | 2026 FDD, Item 7, p. 9 |
| Insurance2026 FDD, Item 7, p. 9 | $1,000 | $2,000 | 2026 FDD, Item 7, p. 9 |
| Additional Funds - 3 months2026 FDD, Item 7, p. 9 | $5,000 | $10,000 | 2026 FDD, Item 7, p. 9 |
| Total estimated initial investment2026 FDD, Item 7, p. 8-9 | $228,400 | $410,200 | 2026 FDD, Item 7, p. 8-9 |
Source The Coven, 2026 FDD, Item 7, p. 8-9, via Public FDD bucket (storage.googleapis.com/franchiseindx_fdds) (source record). Figures read and verified 2026-09-16.
Item 19
What The Coven franchisees actually report earning
The Coven's 2026 FDD publishes no median in its Item 19. What it publishes instead is set out below, in the document's own terms. We do not calculate a median the document does not state.
The additional information below is based on historical financial performance information from the Minneapolis Community and St. Paul Community operated by our predecessor, The Coven, Inc.
What the FDD does publish
| Measure | Average | Low | High | Outlets | Source |
|---|---|---|---|---|---|
| Total Gross Sales - Minneapolis Community - Calendar Year Ended December 31, 2024Reported figure for one Community; the FDD does not present it as an average. | – | $471,809 | $471,809 | 1 | 2026 FDD, Item 19, p. 31 |
| Total Gross Sales - St. Paul Community - Calendar Year Ended December 31, 2024Reported figure for one Community; the FDD does not present it as an average. | – | $567,023 | $567,023 | 1 | 2026 FDD, Item 19, p. 31 |
| Total Expenses - Minneapolis Community - Calendar Year Ended December 31, 2024Reported figure for one Community; the FDD does not present it as an average. | – | $384,654 | $384,654 | 1 | 2026 FDD, Item 19, p. 31 |
| Total Expenses - St. Paul Community - Calendar Year Ended December 31, 2024Reported figure for one Community; the FDD does not present it as an average. | – | $486,054 | $486,054 | 1 | 2026 FDD, Item 19, p. 31 |
| Net Income - Minneapolis Community - Calendar Year Ended December 31, 2024Reported figure for one Community; the FDD does not present it as an average. | – | $87,155 | $87,155 | 1 | 2026 FDD, Item 19, p. 31 |
| Net Income - St. Paul Community - Calendar Year Ended December 31, 2024Reported figure for one Community; the FDD does not present it as an average. | – | $80,969 | $80,969 | 1 | 2026 FDD, Item 19, p. 31 |
| Total Gross Sales - Minneapolis Community - Calendar Year Ended December 31, 2025Reported figure for one Community; the FDD does not present it as an average. | – | $435,979 | $435,979 | 1 | 2026 FDD, Item 19, p. 32 |
| Total Gross Sales - St. Paul Community - Calendar Year Ended December 31, 2025Reported figure for one Community; the FDD does not present it as an average. | – | $649,793 | $649,793 | 1 | 2026 FDD, Item 19, p. 32 |
| Total Expenses - Minneapolis Community - Calendar Year Ended December 31, 2025Reported figure for one Community; the FDD does not present it as an average. | – | $413,424 | $413,424 | 1 | 2026 FDD, Item 19, p. 32 |
| Total Expenses - St. Paul Community - Calendar Year Ended December 31, 2025Reported figure for one Community; the FDD does not present it as an average. | – | $566,036 | $566,036 | 1 | 2026 FDD, Item 19, p. 32 |
| Net Income - Minneapolis Community - Calendar Year Ended December 31, 2025Reported figure for one Community; the FDD does not present it as an average. | – | $22,555 | $22,555 | 1 | 2026 FDD, Item 19, p. 32 |
| Net Income - St. Paul Community - Calendar Year Ended December 31, 2025Reported figure for one Community; the FDD does not present it as an average. | – | $83,757 | $83,757 | 1 | 2026 FDD, Item 19, p. 32 |
A dash means the FDD does not print that figure. The Coven's Item 19 covers the 2024 and 2025 calendar years. Basis: The Minneapolis Community and St. Paul Community operated by our predecessor, The Coven, Inc. Sample size: 1 outlet.
What the franchisor excluded from these figures
- Of the 6 franchised Communities, 2 Communities opened in 2025 and did not operate for the entire 12-month period ending December 31, 2025.
- 2 Communities operate from a small location with limited membership opportunities that only offer designated desks and private offices, and is not representative of the franchise offered in this disclosure document.
This is a disclosure of what some existing outlets reported, not a projection of what a new The Coven outlet would earn. Your results will differ.
Source The Coven, 2026 FDD, Item 19, p. 30-33, via Public FDD bucket (storage.googleapis.com/franchiseindx_fdds) (source record). Figures read and verified 2026-09-16.
Item 20
How many The Coven outlets there are, and how many closed
The Coven ended 2025 with 6 franchised outlets and 2 company-owned outlets. In that year 2 franchised outlets opened and none left the system.
Three years at a glance
From 2023 through 2025, The Coven opened 6 franchised outlets and no outlets left the system. That is a net gain of 6, from 0 to 6 franchised outlets.
With fewer than 10 outlets, one closure moves the numbers a lot, so we do not calculate a yearly rate.
Our arithmetic from the FDD's Item 20 table below. "Left the system" counts every outlet the franchisor reports as terminated, not renewed, bought back, or closed for other reasons.
| Year | Start | Opened | Terminated | Non-renewed | Reacquired | Ceased, other | End | Source |
|---|---|---|---|---|---|---|---|---|
| 2025 | 4 | 2 | 0 | 0 | 0 | 0 | 6 | 2026 FDD, Item 20, p. 35 |
| 2024 | 2 | 2 | 0 | 0 | 0 | 0 | 4 | 2026 FDD, Item 20, p. 35 |
| 2023 | 0 | 2 | 0 | 0 | 0 | 0 | 2 | 2026 FDD, Item 20, p. 35 |
Source The Coven, 2026 FDD, Item 20, p. 34-35, via Public FDD bucket (storage.googleapis.com/franchiseindx_fdds) (source record). Figures read and verified 2026-09-16.
Compare
How The Coven compares with other Business Services franchises
Measured against the 140 Business Services franchises on this site, using each brand's own FDD.
- Cost to open. The middle of The Coven's estimated range is $319,300. It costs more to open than 85% of Business Services franchises here.
- Earnings disclosure. 71 of the 140 Business Services franchises here publish earnings figures in Item 19. The Coven is one of them.
Our arithmetic from each brand's Item 7 and Item 20. Growth and departure comparisons leave out brands with fewer than 10 outlets, where one opening or closure distorts the figures. See every Business Services franchise side by side.
Alert me when The Coven files a new FDD
Franchisors reissue their FDD at least once a year, and the Item 7 and Item 19 figures move. Leave an email and we will send you The Coven's updated numbers when the next document is published, plus the brand-comparison worksheet.
You get a confirmation email right away, then one email per new filing for the brands you ask about, and nothing else. No sharing, no selling, unsubscribe any time.