Venture XVenture X, founded in 2012, offers flexible co-working […] |
Venture X, founded in 2012, offers flexible co-working and meeting spaces. Since 2016, the company has been expanding through franchising, with over 30 locations across the US, Canada, and internationally. Potential markets include North America, Central and South America, Europe, Asia Pacific, and the Middle East.
Ideal candidates for a Venture X franchise include commercial property investors and hotel owners.
As a Venture X franchisee, you'll create a vibrant workspace community. Venture X stands out by providing high-end work environments for individuals and businesses who need modern facilities and technology, like freelancers and independent professionals. The advanced business technology in Venture X locations creates a positive experience for clients, making it a popular choice.
Venture X provides franchisees with the expertise they need to succeed. Opening a Venture X location allows you to offer a co-working space that promotes collaboration and communication, fostering networking and mentorship opportunities. Franchisees receive in-house training at Venture X headquarters and on-site training at existing locations.
To join the Venture X team, you'll need to be financially prepared for an initial investment, including a franchise fee and other startup costs. You'll also be responsible for ongoing fees such as advertising, royalty, and potential renewal fees.
Venture X offers a rewarding opportunity because the demand for co-working spaces is increasing. The franchisor assists in creating a state-of-the-art facility and helps you define your target market. You'll have multiple income streams, such as community membership fees, mailbox rentals, event space rentals, conference room rentals, and additional services and technology solutions.
To determine if a Venture X franchise is the right fit, take time to research the brand and your local market. While healthy competition is good, too much competition can hinder growth.
Before making any financial commitments or signing agreements, conduct thorough due diligence. Speak to existing franchisees, ask questions of the Venture X franchising team, consult with a financial planner and an attorney, and develop a comprehensive business plan. Be prepared to meet with company executives to ensure your goals align with the company culture.
Category Location | N/A |
Number of Units Open | 52 (as of 2023) |
Investment Range | $431,090 - $3,304,260 |
Master Franchise | N/A |
Home based franchise | YES |
Item 19 Franchise | YES |
Veteran Discount | YES |
Franchise Opportunities in Canada | YES |
International Franchise Opportunities | |
E2/EB5 Visa Franchise | YES |
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