We live in a small town in Colorado that has never provided work opportunities in our field, but we've always been successful working remotely.
Small town co-working has provided a huge value for us: no commute, we're out of the house, camaraderie, friendship and support. Maybe this is an example of a profitable co-working.
I know that in these past 8 years the owner has done very little recruiting and the desks are nearly always full.
Yep, sounds very familiar.
Our space was like that when it was the only one in town, and it was the go-to place for self-selecting people who wanted to connect with other like-minded folk.
But our city has four million people, and startups/freelancing became super-popular and demand for co-working shot up (our space actually had to turn many people away at its peak), but then the whole industry became fragmented, and our space (indeed, any space), stopped being the go-to place for "people like us".