Industry juggernaut United Franchise Group (UFG), the brand behind concepts such as SuperGreen Solutions, Signarama, and Fully Promoted (formerly EmbroidMe), has recently added another exciting franchise business for sale to its brand stable, Venture X. This brand is a provider of membership-based, flexible work spaces with modern designs and concierge-style boutique services that appeal to a number of professionals and encourage diverse community building.
The way that people work today is continually evolving, and this office space brand is addressing the needs of that market. Estimates predict that by 2020, around 40 percent of the workforce in the US will be made of independent contractors, entrepreneurs and other professionals who need a workplace that removes the typical distractions of homes and offices while offering an environment of like-minded people where they can make connections and network.
United Franchise Group CEO Ray Titus noted that Venture X is more than just a place to work. It is, according to Titus, a local community that is collaborative, diverse and offers inspiration. Members feel as if they belong and can also reach new customers though their interactions at the location. It is these features that make the brand a perfect for United Franchise Group, according to Titus, because the company believes in building communities, face-to-face meetings and personal relationships.
Venture X President Tom Weber has a rich background full of successes in the commercial real estate banking sector and has retail office building and manger experience. According to Weber, the new work space brand is taking the concept of co-working to an entirely new level, making it the wave of the future. Its first location is in Florida, and many franchises for sale have already been sold, with the first opening its doors in Texas. The brand expects to open three overseas locations and 40 domestic ones in 2017. Locations have a mix of open spaces and private offices, and the spaces are open around the clock with secure access for members.
Membership plans from this new office space franchise business for sale are designed to fit the needs of various clients. The Community plan, for example, offers one day of access to common areas once a month, while the Shared Desk plan has a full-time work space solution for the common area. This exciting franchise has opportunities available right now, with a franchise fee of $49,500 and an initial investment range of $683,585 to $1,342,705.