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

#319 in Franchise 500 for 2021. Not in Franchise 500 for 2020.

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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 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

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Venture X Franchise Growth History

When did the first Venture X open? 2012
When did Venture X start Franchising? 2016

Venture X Franchise Expansion Plans

United States: Nationwide

International: Worldwide

Financing Options

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 & Support

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

Business Operations

Absentee Ownership Allowed

Number of Employees Required to Run: 2

How much does a Venture X Franchise owner make?

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.

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Listing Tags

Venture X, business connections, B2B, work/life balance, solutions

Venture X Franchise Opportunity viewed 2222 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.