Transworld Business Advisors - Sydney CBD South Phone : 0424 28 **** Michael Hamad
0424 ****

0424 ****


Exciting New Co-working Franchise

Listing Id : 268042

Location : New South Wales -Sydney

Category : Business Services

Asking Price : 1,000,000 - 2,000,000

Business description

Royalties

6% of gross

Marketing Fees

1% of gross

Marketing support

We provide innovative marketing plans that include a multi-channel approach, focusing on your local market and is designed specifically to pre-fill as many spaces as possible before your doors open.
Grand opening planning assistance, PR campaigns, online marketing solutions, printed materials and event planning are just some of what you can expect from our marketing team.
After your launch period, the cooperative advertising fund kicks into gear with ongoing solutions to drive traffic to your location, even after your location is full.

Skills

There is no specific experience required, although some business sense or related background can only help. Many of our existing franchisees were not experts in their field when they started. 
Passive ownership opportunity.

Length of Agreement

35 years. We want you to be able to build an asset on which you'll realize your return in the future, without the fear of non-renewal or franchise saturation.

About the Opportunity

The days of working in a cramped cubicle are over for many people in today’s mobile work world. That has led to a rise of coworking spaces that allow for environments that are collaborative, inspiring and stimulating.
This is a fantastic investment for people looking for a passive ownership business.
The Future of Coworking:
By 2**** **** , The Bureau of Labour Statistics estimates 65 million Americans will be freelancers, temps, independent contractors or entrepreneurs, making up a full 40% of the workforce. Venture X provides an attractive opportunity for those workers who want to benefit from a rich work community.
Venture X is also an attractive franchise business model. Like other “sharing” industries, Venture X franchisees simply provide the modern work space and members buy private memberships giving them access to open areas or private offices, whichever they prefer.
Multiple Revenue Streams:
Many business models today are built on this collaborative model including transportation and vacation destination sharing. Venture X is at the forefront of this growing trend. Venture X’s unique combination of open space mixed with higher revenue private offices allows for higher income opportunities. Additional revenue can be generated from event hosting to further increase the bottom line of each location. Additional revenue can also be generated from the additional business services that will be provided.

Year Business Established

2012

Year Franchising Commenced

2016

History

Venture X was founded by entrepreneur and real estate investor, David Diamond and his son Brett. As a supporter of tech start-ups, David saw that coworking spaces increased the success of those businesses, while creating a social experience young entrepreneur desired. David’s son, Brett, was also inspired by the coworking concept, and in 2012 the two founded Venture X together in Naples, Florida.


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