Summary of Operation:
Venture offers bespoke photographic experiences in its 55 studios across the UK, as well as a further seven studios in Dublin, Hong Kong and Connecticut, USA, with plans to significantly expand its presence globally over the next few years.
Ideal Franchise Owner:
To be a successful Venture franchise owner, the studio will be run as their sole business (a prerequisite by Venture). They will also have good management skills including experience of leading a small team and an understanding of small business finance and administration. An interest in photography is also key but it is not necessary for potential franchise owners to have photography qualifications.
Initial six week intensive programme.
All Venture franchise owners are provided with support, training and marketing from the launch of their business and beyond, with specific focus on commercial performance and photographic standards, innovation and techniques.
Year Established: 1999
Year of First Franchise: 2000
Number of Company Outlets: 60
Number of Franchised Outlets: 60
Areas of Priority Development: Throughout UK.
Overseas Opportunities Exist: Hong Kong, USA.
Overseas Opportunities Planned: Yes
Total Cost of Franchise: £20,000 - £50,000 + VAT (liquid funds)
Initial Investment: £0
Management Service Fees Payable: 10%
Breakdown of Package: Franchise agreement lasts five years and each franchise owner is allocated an exclusive territory.
Financial Assistance Available: HSBC, NatWest and RBS.
BFA Member: Full
IFA Member: No