[TheThinkTank] Ideal Space for a Workstation?

Hey All, Community Cycles is looking into the possibility of getting more space.
One of the things we need to figure out for our floor plan is how much space a workstation requires.

Right now we can have as many as six stands working in a 500sqft space and all the tools are located on one bench. What I envision is workstations that include a stand, bench and a set of basic tools and enough room for two people to work comfortably. I'm guessing that each work station would be 100 - 125sqft?

Has anyone out there thought of what size and tools make a perfect work station?

Thanks