Venture X vs M3Linked Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Venture X vs M3Linked including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Venture X Franchise
M3Linked Franchise
Investment $748,585 - $2,026,210$80,245 - $197,645
Franchise Fee $79,500$67,500 - $80,000
Royalty Fee 6%-
Advertising Fee 1%-
Year Founded 20122018
Year Franchised 20162020
Term Of Agreement 20 years-
Term Of Agreement 20 years-
Renewal Fee $1K-


Business Experience Requirements

 
Venture X Franchise
M3Linked Franchise
Experience --

Financing Options

 
Venture X Franchise
M3Linked Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/Yes-/-
Equipment -/Yes-/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
Venture X Franchise
M3Linked 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

 
Venture X Franchise
M3Linked Franchise
US Expansion YesYes
Canada Expansion No-
International Expansion Yes-

Company Overviews

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.


About M3Linked

M3Linked was founded in 2013 in Phoenix, Arizona as Eliances and quickly grew to over a thousand members with more than 300 weekly experiences, hundreds-of-millions-of-dollars in business ventures generated, with robust professional and personal relationships developed along the way. Since 2019 M3Linked™ has been taking that winning formula and scaling it for National expansion so that entrepreneurs around the country have the same opportunity to get involved with these communities. M3Linked™ allows you to Connect, Energize and Grow by cultivating and deepening key relationships, developing targeted alliances of business communities, and discovering relevant, innovative mentors and masterminds.
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The M3Linked™ communities host CEOs, Inventors, Investors, Startups, Lawyers, Politicians, Mentors, and so much more. Our members cover a wide range of talents from experienced millionaires, celebrities, and athletes to startups in their nascent stages. Our members gather at various M3Linked™ experiences to receive inspiration and support that encourages and pushes them to the top of their industry's cutting edge. There are also many members in the development or incubator stages, finding mentorship, investors, and other support systems within our communities. M3Linked™ contains various experts in fields of intellectual property, business development and management, marketing, and funding; virtually anything you might need to move the needle for your business.

The franchise fee is $80,000. Second and subsequent unit franchise fee is discounted to $67,500