Venture X - Franchise
Venture X is part of one of the fastest growing industries across the globe – shared/flexible office space, commonly known as Coworking! It also offers a unique franchise opportunity for anyone looking to diversify and/or grow their wealth because as an owner, you can choose to invest passively or decide to operate the business. Each Venture X features a community space along with multiple workspace options, from shared and dedicated desks to private team offices. This, of course, allows each location to attract freelancers, entrepreneurs, small businesses and even larger corporations – all under one roof! Add-on revenue options include light snacks, additional IT/tech services, printing and mailing services, as well as event hosting and meeting room reservations. These daily opportunities allow owners utilize the space and increase revenue through members AND non-members all while increasing exposure to the business.
Requirements
Financial requirements for this franchise:
| Liquid Capital: | $250,000 What does Liquid Capital mean? |
|---|---|
| Net Worth: | $1,000,000 What does Net Worth mean? |
| Franchise Fee: | $60,000 What does Franchise Fee mean? |
| Total Investment: | $360,000 - $3,600,000 What does Total Investment mean? |
Options
Options available to franchisees:
| Financing: | Available |
|---|---|
| Training: | Available |
| Veteran Discount: | 10% |
Franchisor Details
Facts about this franchise:
| Home Office: | West Palm Beach, FL |
|---|---|
| Year Founded: | 2012 |
| Franchising Since: | 2016 |
What Does a Venture X Franchise Cost?
To buy a franchise with Venture X, you'll need to have at least liquid capital of $250,000 and a minimum net worth of $1,000,000. Franchisees can expect to make a total investment of $360,000 - $3,600,000. Venture X charges a franchise fee of $60,000. They also offer financing as well as a discount for veterans (10%). *
Coworking Franchise: The Future Of Business
The days of working in a cramped cubicle are over in today’s digital world. The global rise of the coworking franchise has led Venture X to become an industry leader.
By 2027, it’s estimated that freelancers will make up half of the American workforce! Today’s changing workforce needs a modern workspace that comes with the flexibility and cutting-edge technology business demands. That’s where Venture X comes in. We’re the home of “Coworking 3.0,” where professionals of all sorts turn for the facilities and infrastructure they need to grow their business.
Venture X coworking space franchises function similarly to ride-sharing and home-sharing in that we simplify the process of renting office space. Our members pay for the time and type of space they need and are able to choose from a flexible range of services. This makes Venture X a great choice for a wide range of potential members, from freelancers to CEOs.
Our unique combination of shared workspaces to high-end private offices allows for varied income opportunities. Additional revenue can be generated from services like event hosting, mail services, and conference room rentals to further increase the bottom line of each coworking franchise location.
WHY VENTURE X?
Opening a coworking spaces franchise has never been easier. We’ve developed a comprehensive office franchise package that includes just about everything you need to get your location up and running. Our experts are there to provide you with guidance and feedback throughout the process and work with you at your own facility to make sure it’s looking and functioning at peak performance.
- Attractive, Functional Workspaces
- Fully Equipped Meeting Rooms
- Concierge-Level Services
- Convenient, 24/7 Access
Training & Support
One of the biggest benefits to owning a Venture X franchise is the unparalleled coworking franchise training and support we provide. We want to ensure that before your location opens, you’re ready to hit the ground running at full speed. Backed by the collective expertise of the United Franchise Group’s training staff, Venture X is proud to provide world-class training, helping prepare our franchisees to effectively run their new business.
- Initial Training
- Start-Up Support
- Marketing Support
- Ongoing Support
Next Steps
Now that you know what Venture X has to offer, are you ready to get started? We're looking for franchise owners who are outgoing and have sales, marketing, and/or management experience, and who are results oriented. A person who can build relationships, lead a team, delegate and who has the motivation to excel! It CAN BE an absentee model with passive income opportunities, but you must have a minimum of $500k in liquid capital and a net worth of $1.5MM.
It’s an exciting time to be an entrepreneur. In the midst of a stable and growing economy, there’s an influx of savvy, business-minded people trying to find the next big thing. Fortunately, Venture X has taken the time searching out of the equation for you. Even better? The process of owning a Venture X franchise has never been easier.
To get the ball rolling, fill out the form below. We’ll be in touch soon!
Awards
Venture X has received the following awards and acknowledgements:
Added to INC 5000’s list (most prestigious ranking of the nation’s fastest growing private companies); Fastest growing coworking concept in 2019 on a percentage basis (435%); Added to Entrepreneur Franchise 500 list.
Availability
Venture X is currently accepting inquiries from the following states:
Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, District Of Columbia, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, North Carolina, North Dakota, Nebraska, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West Virginia, Wyoming
Interested parties should have at least $250,000 in liquid capital to invest.
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