If you’re a business-minded individual who’s ready to start a new career in an exciting industry, opening a coworking space with Venture X is a great opportunity to invest in your future. Our popular coworking spaces foster a high-end environment that’s appealing to professionals across generations and industries and are designed to encourage communication and collaboration between clients.
As a well-established franchise, Venture X is focused on the success of our franchisees. Our partnership with franchise industry giant United Franchise Group (UFG) gives us the means to provide our franchisees with incomparable resources to start their business and thrive. We feature a turnkey investment and proven business model that’s intertwined with more than 35 years of industry experience and designed to take the hassle out of opening a business.
Having signed more than 130 Venture X locations around the world, we have the experience to know exactly what it takes to get a new facility up and running. Our comprehensive turnkey investment includes virtually everything you’ll need to open your facility, with fewer unexpected costs and a clear path to stay on the right track.
Our investment breaks down as follows:
- Investment: $360K – $3.6M
- Liquid Capital Required: $250K
- Net Worth: $1M
- Franchise Fee: $60,000
We offer more benefits than many other franchises, and we go above and beyond to ensure our franchisees have the resources and confidence to run their businesses. Venture X employs a business model that’s unique from the competition by incorporating flexibility at every turn: we’re adaptable in that we work in urban and suburban areas alike.
For franchisees, Venture X features:
- Hands-on support from a staff with years of coworking experience
- 3-week training program which includes one week at our headquarters, and two weeks at your location
- Leads for new clients
- Unique industry advantages thanks to our partnership with UFG, who’s been building and growing successful brands for over 35 years
- Low staff requirement, recurring income, potential passive investment
Ready to get started? We have a simple process that our team will guide you through. First, we’ll have you evaluate and understand your investment, as our established cost parameters should help you decide if this is financially feasible for you.
Then, we’ll help you determine your location. This process is essential to ensuring that Venture X is a good fit for your community. Finally, we ask that you evaluate us. Venture X provides exemplary franchisor support every step of the way to make sure you receive the expertise you need.
For those interested in multi-unit opportunities, we offer a discount on your franchise fee when you add additional locations. You can choose to open multiple locations at once or leverage the growth of a single location into the purchase of additional locations. This makes a Venture X opportunity even more irresistible as a way to take your investment even further.
Venture X is a proud member of VetFran. Franchising is a great way for returning veterans to leverage the skills they’ve acquired in active duty and apply them toward business principles. We offer a 10% discount off the franchise fee for returning veterans who’d like to get started in owning their own business.