Why Choose Venture X?
Venture X is a modern workspace and community that is inspiring, diverse and collaborative. The way people work is changing, so now is the time to break into this innovative industry.
Technology and innovation through mobile devices, cloud computing and social networking allow people the freedom to work from anywhere at any time. Those trying to launch start-ups, freelancers, and other self-employed individuals want a place that removes them from the distractions of working at home. As a Venture X franchisee, you would provide people with a rich work environment where they can interact with like-minded professionals, brainstorm and connect.
An Engaging Sweet Spot
Venture X hits a sweet spot at the intersection of business and community that will engage people, regardless of age or income. Our diverse membership profiles create daily opportunities for organic networking, mentoring and learning across the full spectrum of business.
Venture X offers a unique customer package of benefits including:
- Attractive, functional workspaces
- 24/7 meeting room access
- Concierge services
- Online member network
- Weekly social and educational events
- Centralized café and reception areas
The Franchise Fee
Our franchise fee is a standard, set amount of $79,500, based on a number of factors, including: company expenses for grant and acquisition, uniqueness of the business, complexity levels, overall revenue streams, just to name a few.
Readily convertible assets are referred to as liquid capital. This is an important determining factor in whether or not your business will be financially stable after your launch, until you begin to turn a profit. There is a minimum requirement of liquid capital in order to start your Venture X franchise.
As a Venture X franchisee, you can expect to invest approximately $600,000 – $800,000 which does include your $79,500 franchise fee. These costs cover a multitude of expenses such as furniture, appliances, media equipment, rent, insurance and more.
Venture X Royalties
All Venture X franchisees will pay 6% of gross revenue towards royalties. This is a monthly, recurring expense for the life of your business, and covers such items as our ongoing support and other resources provided by the brand and corporate office.
Our 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 our world headquarters in West Palm Beach, Florida and 3 days at our 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.
We also provide innovative marketing plans that include a multi-channel approach, focusing on your local market and is designed specifically to pre-fill as many spaces as possible before your doors even open.
Grand opening planning assistance, PR campaigns, online marketing solutions, printed materials and event planning are just some of what you can expect from our in-house marketing team.