Venture X franchise
2024 filing · April 25, 2024GrowingShares sales figures
Venture X at a glance
A coworking space renting private offices, dedicated desks, memberships and meeting rooms to small companies and remote workers. At the end of 2023 there were 56 Venture X locations in the US, all franchised.
The business
- Franchisor
- Venture X Franchising, LLC
- The company that sells the franchises
- Franchising since
- 2016
- 8 years of selling franchises
- Franchisor based in
- West Palm Beach, Florida
- Typical size
- 8,000–35,000 sq ft
What you pay
- Cost to open
- $341K–$3.27M
- One coworking facility
- Franchise fee
- $79,500
- Any $19,500 deposit is credited toward it
- Royalty
- 6% + minimum
- The greater of 6% of gross revenues or $1,500 a month, paid monthly
- Brand fund
- Yes
- 2% of gross revenue or $1,500 a month, whichever is more
- Renewal fee
- $2,500
- When the agreement ends and you sign again
- Agreement length
- 35 years
- Franchisor financing
- None offered
Where it is
- US locations, 2023
- 56
- Franchised and company-owned
- Franchised
- 56
- Company-owned
- 0
- Change in 2 years
- +17
- Franchised locations, 2021–2023
Support and records
From Venture X Franchising, LLC’s 2024 filing; revenue and net income from its audited financial statements, page 165; SBA status from the SBA Franchise Directory, October 28, 2026.
Franchisor revenue is the company that sells the franchises (royalties, fees and anything else it earns), not what a location makes.
Where it ranks
Venture X among all franchises with the same figure.
| Figure | Venture X | Among all franchises |
|---|---|---|
| Cost to open, midpointHalfway between the low and high estimate | $1,807,075 | Costs more than 91% of franchises |
| Franchise feePaid once, when you sign | $79,500 | Higher than 97% of franchises |
| RoyaltyShare of sales paid to the franchisor | 6% | Higher than 35% of brands with a set rate |
| US locationsFranchised and company-owned | 56 | More than 66% of franchises |
| Sales per locationYearly, as the brand reports it | $1,420,422 | Higher than 77% of brands that share sales figures |
| Sales against cost to openYearly sales over the cost midpoint | 0.8× | Lower than 89% of brands that share sales figures |
How much a Venture X franchise costs
Opening one coworking facility costs an estimated $340,750 to $3,273,400. That covers the franchise fee and everything else needed to open, through the first months of working capital.
Source: Venture X Franchising, LLC, 2024 filing, page 1
Venture X franchise fee
The franchise fee is $79,500, any $19,500 deposit is credited toward it. You pay it when you sign the franchise agreement.
Source: Venture X Franchising, LLC, 2024 filing, page 21
Royalty and ongoing fees
| Royalty | The greater of 6% of gross revenues or $1,500 a month, paid monthly. |
|---|---|
| Brand or marketing fund | 2% of gross revenue or $1,500 a month, whichever is more. |
| Renewal Fee | $2,500 |
| Local Marketing | Currently $2,500 |
The typical franchise royalty is 6% of sales, plus 2% for marketing. See franchise fees and royalties to compare.
Source: Venture X Franchising, LLC, 2024 filing, page 24
Other fees as filed, from pages 24–25. The filing lists every fee, including late fees and audit costs.
Sales and earnings
Shares figures Venture X publishes sales or earnings figures for its locations. The full tables, with notes on which locations are counted, are in its filing.
- Average revenue
- $1,420,422
- Median revenue
- $1,450,464
Yearly figures for 2023, covering U.S. leased franchise locations open all of 2023 and reporting every month (two U.K. locations left out) (24 locations). The average and median are worked out from each location's sales as listed in the filing. The average is about 0.8 times the midpoint of the cost to open.
Sales are what a location takes in before rent, payroll, royalties and other costs, not what its owner keeps.
Source: Venture X Franchising, LLC, 2024 filing, pages 66–67
SBA loans to Venture X franchisees
Lenders approved 28 SBA 7(a) loans for Venture X franchisees from 2017 to 2026, $36.9M in all. All 9 that have ended were paid in full; none was charged off. The other 19 haven’t ended yet.
A charged-off loan is one written off as uncollectible. See SBA franchise loans for how 7(a) and 504 loans work.
Source: SBA 7(a) and 504 loan data, as of September 30, 2026
How Venture X compares
Of the 95 real estate franchises on this site, Venture X is the 87th cheapest to open and the 46th largest by number of locations.
| Figure | Venture X | Typical real estate brand | Typical franchise |
|---|---|---|---|
| Cost to open, low end | $341K | $69K | $222K |
| Cost to open, high end | $3.27M | $244K | $477K |
| Franchise fee | $80K | $35K | $40K |
| Royalty | 6% | 6% | 6% |
| Sales per location | $1.42M | $553K | $794K |
| US locations | 56 | 67 | 21 |
| Closed or left per year | 7.4% | 8.5% | – |
| Change in franchised locations, 2 yrs | +43.6% | +1.4% | – |
| Shares earnings figures | Yes | 40 of 95 | 2,147 of 3,352 |
Typical is the median across the 95 brands in real estate franchises; typical franchise, across every brand here.
Locations opened and closed
| Year | Franchised | Company-owned | Opened | Closed |
|---|---|---|---|---|
| 2021 | 44 (+5) | 0 | +9 | −4 |
| 2022 | 49 (+5) | 0 | +7 | −2 |
| 2023 | 56 (+7) | 0 | – | – |
Closed or left counts terminations, non-renewals, locations bought back by the franchisor and locations that stopped operating.
See which brands grew most in the fastest-growing franchises rankings.
More in the guides: franchise failure rates.
Source: Venture X Franchising, LLC, 2024 filing, page 70
Who owns Venture X?
Venture X franchises are sold by Venture X Franchising, LLC. It is a subsidiary of RWT Holdings, LLC.
From Venture X Franchising, LLC’s 2024 filing, page 12.
Lawsuits and bankruptcy
| Lawsuits and regulatory actions | Yes. The filing describes past or pending cases involving the franchisor, its affiliates or its executives on pages 19–20. |
|---|---|
| Bankruptcy | None. The filing says no bankruptcy has to be disclosed. |
Franchisors must disclose lawsuits and bankruptcies involving the company, its parents and affiliates, and its executives. Many cases are routine disputes with franchisees over fees or contracts; read the descriptions in the filing and ask current owners about anything that worries you.
Source: Venture X Franchising, LLC, 2024 filing, litigation on pages 19–20, bankruptcy on page 20
Venture X filings
The figures on this page come from Venture X Franchising, LLC’s 2024 filing, issued April 25, 2024, on record with the NASAA Electronic Filing Depository.
| Filing | Issued | Registry | On this page |
|---|---|---|---|
| 2024 filing | April 25, 2024 | NASAA depository | Costs, fees and locations, 2021–2023 |
Each link opens the filing as a PDF. See the newest filings across all brands.
Other real estate franchises
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Venture X is also on these lists: business services franchises.