Venture X

2121 Vista ParkwayWest Palm Beach, FL 33411

[email protected]

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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.

We offer franchises for a Business or “Space” according to the terms of our Franchise Agreement. The Franchise Agreement authorizes our franchisees to operate a single Space using our distinctive business format and method (the “System”), which includes our methods, techniques, standards, specifications, policies and procedures (the “Standards”) described in our confidential operations manual (“Manual”) or which will be communicated to you electronically, by telecommunications, or in writing. A Space operates under the mark Venture X and other trademarks, trade names, service marks, logos, emblems, trade dress, and other indicia of origin that we designate for use in connection with the System (the “Marks”). A Space is a modern, collaborative, efficient work space and meeting room facility which features a blend of boutique hotel and modern office design and décor. A Space contains multiple types of workstations and office spaces, including private, designated and shared, open work areas (“Workstations”). Private offices have solid sound insulated walls with glass walls toward the open areas to maintain the collaborative culture of a Space. A Space also contains conference rooms, collaboration dens, meeting rooms, a full kitchen, reception area and lounge area. You will offer a variety of private memberships to individuals and businesses. Users of Workstations may subscribe to various membership plans providing for the use of one or more Workstations, or access to the Space during specified hours of use. Some membership plans provide 24/7 secure access, while other memberships may provide limited access. You may also rent certain areas to non-members for meetings. You will provide members with access to telecommunications systems, video conferencing, Internet connectivity, data transmission services, other equipment and business support services such as receptionist and administrative support as needed by your trained customer support representatives. Members will have access to other Spaces as new locations develop. The Space also hosts ongoing social, education and entrepreneur events for its members providing networking and learning opportunities. A standard Space consists of a location with a minimum of 15,000 usable square feet of commercial office, stand-alone space or retail space. We also grant multi-location development rights under the terms of our standard multi-location development agreement (attached to this Disclosure Document as Exhibit C) (the “MLDA”). If you sign a MLDA, you will develop multiple Venture X Spaces on an agreed-upon schedule. You will also sign a Franchise Agreement for the first Venture X Space when you sign the MLDA. For each future unit franchise, we will require you to sign our then-current form of franchise agreement, which may be different from the form of franchise agreement included in this disclosure document. The market for the services you will offer is developing and competitive. You will be competing with other national, regional and local serviced, flexible office providers, co-working facilities, meeting and training facilities and commercial office alternatives. Many competitors are local entrepreneurs operating a small number of locations. We are aware, however, of several national and international competitors offering services that are similar to or competitive with the services that our Spaces provide. You will be offering the Space's services to a broad base of customers, consisting of business persons who require the services and flexible workspaces and meeting spaces to conduct their business. There are federal laws and agency rules promulgated by the U.S. Postal Service governing commercial facilities that handle or receive mail that may impact the operations of your Space. There are also federal and state laws protecting persons with disabilities and against discrimination of members of protected classes that are applicable to places of public accommodation. Your Space meets the definition of a place of public accommodation for purposes of these laws, and these state and federal laws may impact the operations of your Space. You must comply with these laws and regulations and the laws generally applicable to all businesses. You should investigate these laws and regulations with an attorney.

1 Directors with Prior Bankruptcies