Venture X Franchise

Co-working spaces


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


It's time to give yourself permission to build your days around what's important to you! You're in Control!
For more information, complete our FREE FRANCHISE ADVICE form!

Please Note: The operators of Venture X, may not have verified the accuracy of the Franchise information contained within this website. For accurate up-to-date information, investors are strongly recommended to visit the official Venture X website.

How much does it cost to open a Venture X Franchise?

The estimated investment required to open a Venture X Franchise is between $748,585-$2,026,210. There is an initial franchise fee of $79,500 which grants you the license to run a business under the Venture X name.

Individual Unit Costs

  • Initial Investment:
    $748,585-$2,026,210
  • Initial Franchise Fee:
    $79,500
  • Royalty Fee:
    6%
  • Advertising Fee:
    1%
  • Term of Agreement:
    20 years
  • Renewal Fee:
    $1K



Click here to compare with
franchises similar to Venture X
When did the first Venture X open? 2012
When did Venture X start Franchising? 2016

United States: Nationwide

International: Worldwide

Expense In-House Third Party
Franchise Fee N/A N/A
Startup Costs N/A Yes
Equipment N/A Yes
Inventory N/A N/A
Accounts Receivable N/A N/A
Payroll N/A N/A

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

Absentee Ownership Allowed

Number of Employees Required to Run: 2

To calculate how much income a franchise owner can do at Venture X Franchise, may vary on factors like location, size etc., On the other side as a business owner your goals to maintain the quality of service while streaming sales high and expenses low. As any other franchise may include rent/mortgage, staffing/family, inventory supplies, utilities, administrative costs vise vera. Location to location and seasons the months costs may vary. Most franchises start up costs are typically fixed and they will cover most of the initial operating costs like signage, furniture, decoration and renovations.

10 Other Franchises in this Family

Listing Tags

 
Venture X Franchise Opportunity has been viewed 451 times by investors.
 

Legal Disclaimer: This information is not a franchise offering for Venture X and should not be construed as such. The Franchise Mall makes every effort to maintain accurate franchise data but does not guarantee nor assume liability for incorrect data. We recommend that anyone seriously interested in pursuing a Venture X franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.

Venture X

Venture X

2121 Vista Parkway
West Palm Beach, FL
33409

FREE FRANCHISE ADVICE

First Name:
Last Name:
Address:
City:
State: (US inquiries only please)
Zip:
Phone:
Email:
Capital to Invest

(Min $50k Investment)
Investment Timeframe:

Can I use my 401K or IRA
to buy a business?

Submit your request for a
FREE Franchise Consultation.

The Franchise Mall Facebook Feed: