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Franchise overview by FranRelay

VENTURE X

VENTURE X provides coworking space, private offices, and meeting rooms for business customers. Franchisees sell memberships, arrange meeting and event use, and provide reception and administrative services.

Speak with a FranRelay consultant about VENTURE X, your questions, and next steps.

Investment and fees

What it costs to open and operate

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Upfront investment

Total initial investment

$2,399,665 – $4,296,665

USD estimate for 20,000 sq. ft. of commercial space with HVAC, lighting, outlets, and phone/internet wiring installed. Includes fee, lease deposit, and three-month funds. Excludes real estate, rent, living expenses, and debt service. Other exclusions apply below; more capital may be needed.

Initial franchise fee

$79,500

Normally counted within the total above, not added on top — confirm in the source.

USD standard fee, due at franchise-agreement signing and nonrefundable. The $9,500 deposit is credited toward it. Deposit refund limits and eligible discounts are explained below.

Selected fees

  • RoyaltyGreater of 6% of Gross Revenues or $1,500 per month.

    Gross Revenues include service, membership, gift-card, and approved product revenue, excluding sales tax collected and paid to the taxing authority. Payment is due on the 10th business day of the following month. Dollar amounts are USD.

  • Advertising contributionGreater of 2% of Gross Revenues or $1,500 per month.

    USD Marketing Fund contribution, due on the 10th business day of the following month. The rate may rise to up to 3% of Gross Revenues with written notice. Local spending is separate. Fund contributions need not be spent in your territory. These are selected obligations, not a complete operating budget.

  • Local marketing$1,500 to $6,000 per month below 90% private-office occupancy.

    USD direct lead-generation minimums: below 25% occupancy, $6,000/month; 25% to below 50%, $4,000; 50% to below 75%, $2,500; 75% to below 90%, $1,500. Above 90%, the minimum is waived while occupancy stays above that threshold; it returns below 90%. Required cooperative spending, if assigned, counts toward local spending.

These are selected fees, not the complete fee schedule. Review the full FDD for all fees and conditions.

Figures are as disclosed for the period shown; unknown or undisclosed items are labelled, never shown as $0. No earnings, profit or payback figures are shown. Revenue is not profit.

Ownership and support

What owning this franchise involves

Your role

Plan for an operating team even if you personally manage the facility.

Owner involvement
Personal daily management is recommended; you and any approved Designated Manager must complete required training.
Main responsibilities
Recruit members, arrange workspace services, and host social, educational, and entrepreneur events.
Manager requirements
Each facility needs a trained Community Manager; a Designated Manager needs approval and a confidentiality agreement.

Free consultation

Let's talk about VENTURE X.

Discuss your budget, preferred facility format, owner role, and questions about opening a VENTURE X workspace.

Free for buyers. Franchisors may pay FranRelay if you go ahead; we tell you before any introduction, and nothing happens without your go-ahead.

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Brand FAQs

VENTURE X Franchise Questions

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Disclosure document

The fees above are a short selection. Check the full FDD for all fees and terms before making a decision.

VENTURE X FRANCHISING, LLC, Franchise Disclosure Document. not extracted; inspect cover.

An introduction is not a statement that territory is available or that you will be accepted.