UFG Takes A Step Into Workspace Future With Addition Of Newest Franchise Brand
March 20, 2017 // Franchising.com // West Palm Beach, Florida - United Franchise Group, which already includes multiple award-winning franchise concepts including Signarama, Fully Promoted (formerly known as EmbroidMe) and SuperGreen Solutions, has added yet another concept to its lineup of brands: Venture X, a premier provider of membership-based, flexible workspace featuring modern design and boutique, concierge-style services appealing to a wide range of professionals within an inspiring, diverse and collaborative “community” atmosphere.
The way people work is changing at lightning-speed and Venture X is catering to the needs of that market. By 2020, estimates predict fully 40 percent of the U.S. workforce will be comprised of entrepreneurs, independent contractors and others seeking a workplace environment that removes them from the distractions of home or traditional offices while providing a rich environment of like-minded people where they can network and make valuable work and social connections.
“Venture X is far more than just a place to work”, said Ray Titus, CEO of United Franchise Group. “It’s a local community that is inspiring, diverse and collaborative. Members not only have a sense of belonging, but can also obtain customers through their association at the location. That’s why it’s a perfect fit for United Franchise Group-we are the global leader for entrepreneurs but at our core we believe in personal relationships, face to face meetings and building communities. Venture X is the perfect opportunity at the perfect time.”
Venture X President Tom Weber has a long and successful background in commercial real estate banking, as well as in owning and managing large office/retail buildings that included “executive suite” facilities. “Venture X has taken this concept to a new level with its ‘co-working’ environment,” Weber said. “This is clearly the wave of the future.”
The flagship Venture X location is in Naples, Fla., with numerous franchises sold throughout the country and the first expected to open in San Antonio, Texas. The brand’s first global unit in Canada is also expected to open soon. Venture X projects opening more than 40 domestic and three international locations in 2017.
Weber said ideal franchise candidates include:
- Real-estate investors seeking an alternative investment opportunity
- Office-building owners with large (at least 10,000 square feet) available spaces
- Brokers, accountants, lawyers or other business owners looking to invest where they can move their business within the amenities and revenues of a Venture X business
- Investors with worldwide connections looking for a cutting-edge investment opportunity
A dedicated real estate group helps franchisees identify ideal locations then assists franchise owners in lease negotiations, design layout and buildout of the space. Venture X worked with Gensler, an internationally recognized design firm, to create the unique design and experience of Venture X locations. Venture X features a higher design level than most spaces that lean toward less professional, more juvenile design. Locations feature a mix of open spaces for those desiring ongoing collaboration as well as private offices for those who want a mix. Offices are open 24/7 with secure access to members.
Venture X offers a wide range of membership plans to fit various needs. The Community plan includes one day of access each month to Venture X common areas, with additional day passes available. The plan is designed for members who do not need every-day office space, yet want access to the membership community and its many benefits. The Shared Desk plan provides a full-time workspace solution in the common area. Private office options are also available for those who want a dedicated, private work space.
“Venture X fills a unique need in this business,” Weber said. “There are other firms that have their own concept and are doing well, but Venture X has created a blend of style and services that is unique and compatible as opposed to competitive with the other businesses.”
About Venture X
Venture X is the latest addition to the United Franchise Group family of brands, joining a team with more than 30 years of franchise experience. The Venture X franchise concept offers membership-based, flexible workspace where businesses launch, develop and grow in an environment designed for innovation with an engaging, diverse community and concierge-style services. For more information visit venturexfranchise.com.
Sanderson & Associates
SOURCE Venture X