Business type: Franchise
Venture X Franchise Cost
Get in on the ground floor of this new and quickly-growing franchise concept!
Coworking spaces are the latest trend taking over the working world, but they aren’t just some fad that you expect to fade away. Instead, these unique opportunities are changing the way people work, and are beloved by the millennial generation – the largest generation in our nation’s history. With these combined factors alone, there’s never been a better time to consider starting a coworking space.
If you’re considering starting a coworking space as a business opportunity, now is the time to act.
Venture X is more than just a shared office space. It’s efficient. It’s collaborative. It sparks fresh ideas and fosters collaboration.
About
Create Community Work Spaces with Venture X
Coworking spaces are the future of business. Venture X is designed for professionals at all stages, from all places. It appeals to a wide membership base of business professionals, consultants, members of the creative class, small business owners, remote workers, and even teams from large corporations—all looking for a well-designed and professional space to do business and to connect.
The Co-working Industry
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.
Venture X is also an attractive franchise business model. Like other “sharing” industries, Venture X franchisees simply provide the modern work space and members buy private memberships giving them access to open areas or private offices, whichever they prefer.
Benefits of Being a Venture X Franchisee
- Membership-based model provides recurring revenue
- Multiple Revenue Streams through open space, private offices, event hosting and business services
- Become part of a global family of brands under the United Franchise Group umbrella and with that association comes a plethora of resources, top-notch training and unparalleled support.
- Financing options available
- No specific experience required
- Venture X updates you on the latest trends in the marketplace
- Allows you to help support the local economy and provides an incubator for some of an area’s brightest thinkers and workers.
- Large consumer base
- Coworking space generates an average annual rate of 12.7% growth over the past five years
A Smart Investment
Below is an outline of some of the costs you can expect to incur while getting your Venture X franchise off the ground.
Franchise Fee = $79,500
Investment = $600,000 - $800,000
Royalty = 6%
Training and Support
The Venture X training process is comprehensive and ensures that you have access to the tools that will prove essential for success in your location.
You will begin your journey as a Venture X franchisee with a full week of in-depth training: 3 days at their world headquarters in West Palm Beach, Florida and 3 days at their flagship Venture X location in Naples, Florida.
After you complete your initial week of intensive training in Florida, you’ll return to your store to prepare for your launch. A corporate representative will then come to your location, providing further on-site training.
Marketing Support
As a Venture X franchisee, you'll receive innovative marking plans including online marketing solutions, printed materials and event planning from your in-house marketing team. You will also receive grand opening planning assistance and PR campaigns.
Advertising Support
After your launch period, the cooperative advertising fund kicks into gear with ongoing solutions to drive traffic to your location, even after your location is full.
On-going Support
The education and support doesn’t end there! Even after you complete our comprehensive training program, you will have access to an online training portal with useful tools and collaborative systems to help you stay on track. In addition, an in-depth franchise operations manual, based on tried and true practices will be provided.
You will be invited to attend various regional meetings and national conventions to keep you abreast of industry happenings.
This exciting franchise opportunity begins with a simple discussion. Talk about your future plans and how Venture X might be a part of it. There is no obligation and no immediate decision is required.
Start by completing the inquiry form today.
