Intelligent Office vs Venture X Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Intelligent Office vs Venture X including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Intelligent Office Franchise
Venture X Franchise
Investment $256,400 - $1,168,596$748,585 - $2,026,210
Franchise Fee $30,000$79,500
Royalty Fee -6%
Advertising Fee -1%
Year Founded -2012
Year Franchised -2016
Term Of Agreement -20 years
Term Of Agreement -20 years
Renewal Fee -$1K


Business Experience Requirements
 
Intelligent Office Franchise
Venture X Franchise
Experience --

Financing Options
 
Intelligent Office Franchise
Venture X Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/Yes
Equipment -/--/Yes
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support
 
Intelligent Office Franchise
Venture X Franchise
Training -On-The-Job Training: 8 hours Classroom Training: 23 hours
Support -Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
Marketing -Co-op Advertising Ad Templates Regional Advertising Social media SEO Website development Email marketing Loyalty program/app
Operations -Absentee Ownership Allowed

Number of Employees Required to Run: 2

Expansion Plans
 
Intelligent Office Franchise
Venture X Franchise
US Expansion -Yes
Canada Expansion -No
International Expansion -Yes

Company Overviews

About Intelligent Office

A Smart Franchise Intelligent Office is one of the few franchises that offers a great lifestyle, including normal business hours and a Monday through Friday schedule. You won't have to worry about the overtime and weekends of most other franchises, and you'll enjoy a generous exclusive territory. You'll spend your time interacting with an upscale clientele, and you'll love the rewarding feeling of knowing you're helping them as much as they're helping you.

The total investment necessary to begin operation of an Intelligent Office Main Center franchise ranges from $338,235 to $1,168,596. This includes $17,200 to $66,000 that must be paid to the franchisor or its affiliate.
The total investment necessary to begin operation of an Intelligent Office Connect Center franchise ranges from $256,400 to $645,640. This includes $47,800 to $51,400 that must be paid to the franchisor or its affiliate.



About Venture X

The days of working in a cramped cubicle are over for many people in today’s mobile work world. That has led to a rise of coworking spaces that allow for environments that are collaborative, inspiring, and stimulating.
By 2020, The Bureau of Labor Statistics estimates 65 million Americans will be freelancers, temps, independent contractors, or entrepreneurs, making up a full 40% of the workforce. Venture X provides an attractive opportunity for those workers who want to benefit from a rich work community.
Like other “sharing” industries, Venture X franchisees simply provide the modern workspace and members buy private memberships, giving them access to open areas or private offices, whichever they prefer.
Many business models today are built on this collaborative model including transportation and vacation destination sharing. Venture X is at the forefront of this growing trend. Venture X’s unique combination of open space mixed with higher revenue private offices allows for higher income opportunities. Additional revenue can be generated from event hosting to further increase the bottom line of each location.

Veteran Incentives  10% off franchise fee
#319 in Franchise 500 for 2021.   Not in Franchise 500 for 2020.