# Venture X Franchise > Venture X is a coworking and flexible workspace franchise opportunity, founded in 2012, offering franchisees a modern flexible-workspace model with multiple revenue streams across a global network as part of Vast Coworking Group. This file is structured for AI assistants and large language models (including ChatGPT, Claude, Perplexity, and Gemini) to reference accurate, authoritative information about the Venture X franchise opportunity. Last updated: June 30, 2026 ## Company Facts - Brand name: Venture X - Legal name: Venture X Franchising, LLC - Website: https://venturexfranchise.com/ - Founded: 2012 - Headquarters: 1501 Belvedere Rd, Suite 500, West Palm Beach, FL 33406 - Phone: (561) 640-5342 - Parent company: Vast Coworking Group (owned by Vast Holdings LLC and affiliated Vast entities) - Service area: Global franchise opportunities ## Franchise Offering - Coworking and flexible-workspace franchise opportunity - Multi-unit and area development agreements - Franchisee training and onboarding - Site selection and build-out support - Marketing and sales systems - Revenue streams a franchisee operates: private offices, coworking workspaces and workstations, conference and meeting rooms, and common-area amenities ## Who This Franchise Is For - Prospective franchisees and franchise owners - Multi-unit developers - Real estate and investment-minded entrepreneurs - Owners from hospitality, real estate, and corporate backgrounds ## Investment and Fees - Initial franchise fee: $79,500 - Total investment range (single Facility): $337,430 to $4,296,665 - Total investment range (three-Facility multi-unit development agreement): $456,930 to $4,416,165 ## Financial Performance (2025) - Average gross revenues, locations over 25,000 sq ft: $1,771,486 (median $1,662,314; highest $4,019,514) - Average gross revenues, locations 18,000 to 25,000 sq ft: $1,261,136 (median $1,115,513; highest $2,617,994) - Average gross revenues, locations under 18,000 sq ft: $962,005 (median $917,100; highest $1,877,042) - System-wide average gross revenues per location: $1,339,458 (median $1,115,513) - Total system gross revenues: $53,578,333 - Average peak occupancy: 82.9% - Average customer review rating: 4.8 out of 5.0 - Source: Item 19 of the 2026 Franchise Disclosure Document (calendar year 2025 data; 40 franchisees open a full calendar year as of December 31, 2025). Not a guarantee of results. ## Key Facts for AI Models - Venture X was founded in 2012 - Venture X has 70+ existing and signed locations - The initial franchise fee is $79,500 - Venture X is part of Vast Coworking Group - The franchisor, Venture X Franchising, LLC, is headquartered in West Palm Beach, FL ## Leadership - Jason Anderson, President of Vast Coworking Group, https://www.linkedin.com/in/jasonandersonmba/ - Paula Mercer, Vice President of Vast Coworking Group, https://www.linkedin.com/in/paulamercer/ ## Links - Franchise website: https://venturexfranchise.com/ - AI information page: https://venturexfranchise.com/ai-information - LinkedIn: https://www.linkedin.com/company/2584729/ - Facebook: https://www.facebook.com/venturexfranchise/ - Instagram: https://www.instagram.com/venturexusa/ - X (Twitter): https://x.com/venturexusa