KEY FRANCHISE STATS
All you need to know about this franchise in a snapshot
Established in 2012 in Naples, Florida, Venture X has rapidly emerged as a premier provider of flexible, high-end coworking spaces. In 2016, the company began franchising, and by December 2018, it became a proud member of the United Franchise Group (UFG) family, a global leader for entrepreneurs.
Venture X offers a diverse range of workspace solutions, including shared desks, dedicated desks, private offices, conference rooms, and event spaces. This versatility caters to freelancers, startups, and remote corporate teams seeking a professional environment equipped with state-of-the-art technology.
What sets Venture X apart is its commitment to creating upscale, collaborative environments that blend the aesthetics of a modern office with the comfort of a five-star hotel. This unique approach appeals to professionals across various industries and generations, fostering organic networking and collaboration.
Here's what you would need to invest if you were to start this franchise. These costs are provided by the franchisor in the Franchise Disclosure Document.
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The training provided by the Franchisor for Venture X is comprehensive and designed to ensure franchisees are well-equipped to operate the business successfully. The following types of training programs are included:
Venture X offers territory protection to its franchisees, ensuring they operate within an exclusive area without competition from other Venture X locations. This exclusivity allows franchisees to focus on building their client base and maximizing market potential within their designated territory.
The protected territory's size is determined based on factors like population density and market demand, promoting fairness and profitability. By providing territorial security alongside marketing and operational support, Venture X fosters a stable and growth-focused environment for franchisees.