Venture X FDD Summary
Type of Business
The Company sells franchises that allow the purchaser to establish and operate a Venture X co-working office and meeting room facility, featuring a blend of boutique hotel and modern office styles and décor and which is built out with co-working workspaces or workstations in collaborative, open areas, private offices, conference rooms, reception area, lounge, full kitchen, meeting rooms and sophisticated technology. A franchisee will offer and sell a variety of private membership plans for access to their Venture X Space, receptionist and administrative support services, and member events.
Corporate Information
Venture X Franchising, LLC is a limited liability company formed in September 2015 in the State of Florida. Their principal place of business is 2121 Vista Parkway, West Palm Beach, Florida 33411. They began granting Venture X franchises in March 2016.
Investment
The total investment necessary to begin operation of a Venture X franchise is from $702,590 to $1,771,210. These amounts include $443,500 to $639,500 which must be paid to the franchisor or affiliates.