Venture X Franchise FDD, Profits & Costs (2025)
Venture X is a prominent name in the coworking space industry, recognized for offering upscale, flexible office solutions.
Founded in Naples, Florida, in 2012, the brand has distinguished itself by providing high-quality workspaces that cater to a diverse clientele, including small businesses, freelancers, tech startups, and large corporations seeking optional workspaces for remote teams.
The expansion of Venture X began in earnest in 2016 when it started franchising under the umbrella of United Franchise Group (UFG), led by CEO Ray Titus.
Venture X’s franchising model stands out for its focus on high-end, well-designed workspaces that offer a sophisticated environment, akin to working in a five-star hotel rather than a typical office setting.
This approach has made Venture X particularly attractive to professionals who value a workspace that reflects success and professionalism.
Initial Investment
How much does it cost to start a Venture X franchise? It costs on average between $341,000 – $3,273,000 to start a Venture X franchised center.
This includes expenses for construction, equipment, furnishings, technology infrastructure, and initial operating costs. The exact investment amount can vary significantly based on factors such as location, property size, market demand, and whether the franchisee opts to lease or purchase the property for their workspace facility.
| Type of Expenditure | Amount |
|---|---|
| Initial Franchise Fee | $79,500 |
| DSS Fee | $9,750 – $19,500 |
| Professional Fees and Other Legal Fees | $15,000 – $60,000 |
| Leasehold Improvements | $0 – $850,000 |
| Architectural Services | $0 – $150,000 |
| Designated Furniture, Fixture & Equipment (FF&E) | $50,000 – $750,000 |
| Initial Marketing Launch | $45,000 – $90,000 |
| Low Voltage Data Cabling/Access Control and Sound Masking | $0 – $156,000 |
| Multi-Function Secure Printing | $4,000 – $10,000 |
| Real Estate (rental payments will vary by location) | $19,500 – $113,000 |
| Office Supplies and Kitchen Supplies | $500 – $5,000 |
| Appliances | $10,000 – $15,400 |
| Pre-Opening Staff, Salaries, Travel, Accommodations, Transportation and Meals During Training | $5,000 – $30,000 |
| Insurance Deposits and Premiums | $2,000 – $20,000 |
| Site Lease Deposit | $0 – $600,000 |
| Transportation and Meals while at training school | $500 – $5,000 |
| Additional Funds (0-6 mos.) | $100,000 – $350,000 |
| Total Estimated Investment | $341,000 – $3,273,000 |
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Frequently Asked Questions
How many Venture X locations are there?
As of the latest data, Venture X operates 44 locations across the United States. The majority of these are franchise-owned, with a smaller number managed directly by the company.
What is the total investment required to open a Venture X franchise?
The total investment required to open a Venture X franchise ranges from $341,000 to $3,273,000.
What are the ongoing fees for a Venture X franchise?
Venture X franchisees pay a 6% royalty fee and a 2% marketing fee, both based on gross revenues and collected monthly. The royalty fee supports franchisee services, while the marketing fee funds national and regional advertising to strengthen brand visibility.
Who owns Venture X?
Venture X is a subsidiary of United Franchise Group (UFG), a prominent organization in the franchising industry. UFG, led by CEO Ray Titus, encompasses a diverse portfolio of brands, including Signarama, Fully Promoted, and Transworld Business Advisors.
Disclaimer
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