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Venture X

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. Venture X's unique combination of open space mixed with higher revenue private offices allows for higher income opportunities.

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Venture X

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Venture X Franchise Cost and Requirements for 2023

Background

Coworking is the Future of Business
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

Venture X is an attractive franchise business model
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.

World-Class Training & Ongoing Support
Backed by the support of franchising giant, United Franchise Group, we are dedicated to the success of each Venture X franchisee. There are systems in place to provide world-class training, operations, and marketing support. Our professional staff will provide comprehensive training, market launch expertise and ongoing collaboration and assistance, ensuring that your location gets the attention it deserves to get off the ground and grow successfully.

A Truly Turnkey Investment
This turnkey opportunity encompasses everything you need to launch your business, with expert guidance and support with you every step of the way. We will work with you to iron out all the details from financing options to site selection, lease negotiation, build-outs and more. Venture X truly offers you a turnkey opportunity

Company Details

Established: 2016
First Unit Franchised: 2016
Franchised Units: 51 open, 140+ sold
Company Owned Units: 0
States Registered In: All
Canada Franchises: Yes
International Franchises: Yes

Support and Training Offered By Venture X

Financial Assistance Provided: Yes
Site Selection Assistance: Yes
Lease Negotiation Assistance: Yes
Recruiting Assistance: Yes
Co-Operative Advertising: Yes

Training: Backed by the support of franchising giant, United Franchise Group, we are dedicated to the success of each Venture X franchisee. There are systems in place to provide world-class training, operations and marketing support. Our professional staff will provide comprehensive training, market launch expertise and ongoing collaboration and assistance, ensuring that your location gets the attention it deserves to get off the ground and grow successfully.

2023 Franchise Requirements Needed to Own a Venture X Franchise.

What does a Venture X Franchise Cost?

Venture X franchise fees for 2023:

Cash Investment: $250,000
Total Investment: $360,000-3,600,000
Minimum Net Worth: $1,500,000
Franchise Fee: $ 60,000

Royalty: 6%
Ad:
Average Number of Employees: 2
Item 19: Yes
SBA Approved: Yes
Passive Ownership: Yes
Home Based: No
B2B: Yes
Master Franchise Opportunities: Yes
Veteran Discount: Yes

Refundable Application fee: 19,500

Special Discount Programs: 10% of franchise fee

Is Venture X a Semi Absentee Franchise with a Passive Ownership Opportunity?

Yes. Venture X is a semi absentee franchise and allows passive ownership. A semi-absentee franchise is a business you could start and run while still maintaining a job or other obligation.

Is Venture X a Home Based franchise?

No. Venture X is not a home based franchise opportunity.

What Do Venture X Franchise Owners Make?

Click here to find out how much Venture X franchisees make. Venture X offers an Item 19 in their Franchise Disclosure Document which provides financial information about select franchisees in their franchise system.

Is Venture X a Master Franchise Opportunity?

Yes. Venture X is a master franchise opportunity. A master franchisee is responsible to recruit, train and support franchisees in their territory.

Does Venture X Offer a Veteran Discount?

Yes. Venture X franchise does offer a veteran discount.

Does Venture X Work with E2 Visa and EB-5 Visa Candidates?

Yes. Venture X franchise does work with E2 Visa and EB-5 Visa candidates.

Is Venture X Looking for Franchisees in Canada?

Yes. Venture X franchise is looking for Canada franchisees.

Is Venture X Looking for International franchisees?

Yes. Venture X franchise is looking for International franchisees.

Where can I see Venture X's FDD (Franchise Disclosure Document)?

Buying a Franchise Guide: What is a Franchise Disclosure Document?

When evaluating a franchise opportunity, reading and understanding the current version of their FDD is a necessity. Considering the benefits of franchising, such as established brand recognition and support from the franchisor, it's important to also take into account franchise fees and franchising royalty fees. Since most franchisors are privately owned companies, the current versions of their FDDs are typically not available unless requested directly from them.

Click here to connect with a Franchise Consultant who can help you obtain a copy quickly and for free. They can also guide you through the essential franchise questions to ask, ensuring you make a well-informed decision about your investment.

Additional Information

Additional Categories

Miscellaneous & Unique, Real Estate, Non Food Franchises

Number of Units Open

50-100 UNITS

Cash Required

More than $250,000

Master Franchise

Yes

Passive Franchise

Yes

Home Based Franchise

No

Item 19 Franchise

Yes

Veteran Discount

No

B2B

No

Franchise Opportunities in Canada

Yes

International Franchise Opportunities

Yes

E2 Visa Franchise

Yes

Venture X Franchises for Sale

Click Here to inquire about existing Venture X franchises for sale. We may have Venture X franchise resales. A franchise resale is an already established franchise owned by a franchisee and the franchisee is looking to sell their franchise.

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The International Franchise Professionals Group (IFPG) is an internationally recognized membership-based franchise organization. IFPG Franchise Consultants guide aspiring business owners through the process of identifying and investing in franchise businesses. The IFPG represents more than 550 franchises. We do not represent all franchises listed here. By clicking on "Request a Consultation," you are agreeing to be contacted by one of our Certified Franchise Consultants to discuss franchise ownership.

About our rankings: The IFPG uses its internal data collected from our membership portal to identify which franchises had the most activity in the past week. This ranking system is not based on franchise sales, franchisee success rates or number of units open. Our ranking system should not be used to make a decision on which franchise to buy it was solely created for internal purposes and for our IFPG Members.

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