More Details
A franchisor with over 20 years of experience, Venture Studios provides superior family portrait services. The brand is looking for aspiring entrepreneurs who are willing to take the franchise opportunities it’s offering and establish themselves in vacant territories.
Striking Family Portraits
Venture Studios specialises in family photos and offers its customers custom-made frames to showcase them. The company strives to capture what makes a family who they are and even offers advice as to how the images can be displayed in their home.
What It Means to Be a Franchisee
If you invested in a Venture Studios franchise, you’d be given a list of vacant territories to choose from. Once you have made your decision, you would be assigned the area on an exclusive basis for three years – this agreement can be renewed. The company would then help you find suitable premises for your studio, assist you with the lease negotiation and put you in touch with a reliable shopfitter.
Once your retail franchise has been set up and launched, you’ll be tasked with managing your team and delivering high-quality photography services to customers in your area. Venture Studios will ask you to meet certain performance requirements as you move forward.
You’ll also be expected to market your enterprise. While it’s true that the brand’s head office team will generate leads for you on an ongoing basis, you’ll still be expected to find new business opportunities within your area.
A Background in Photography Would Be Helpful but Isn’t Essential
Venture Studios won’t prevent you from taking this retail franchise opportunity if you’ve never worked in the industry before. This being said, you must be someone who’s familiar with communicating with customers, willing to market services and ready to lead a team.
The Investment & Expected Return
On average, it takes between £70,000 and £100,000 to set up a Venture Studios establishment. You’ll also need to pay a £10,000 franchise fee.
In return, you’ll get a truly substantial package. This will encompass full ongoing training for both you and your staff, a pre-launch marketing plan, a sizable exclusive territory and much more. It will be difficult for you to find other retail franchises for sale which provide just as much value for your money!
Don’t forget, should you choose to take this particular franchise opportunity, you’ll be required to pay ongoing franchise and marketing fees. These will amount to 5% and 2.5% of your gross turnover, respectively, every year. However, it’s possible you’ll be able to make approximately £440,000 in annual gross turnover overall. This would be dependent on you having at least 12 different customers per week and each of them paying you circa £700. But exact figures cannot be guaranteed.
You Won’t Have to Pay It All Immediately
You’ll only have to cover roughly half of the Venture Studios franchise costs – the remainder can be provided by a reputable money lender. The brand has pre-existing connections in the franchise departments of many major banks. You’ll get expert help making your business plan and presentation and then be introduced. Loans for investments in retail franchises like these are only approved subject to status.
Proven Training Methods & Support That’s Second-to-none
Like all other Venture Studios franchisees, you’ll be trained in both photography and sales for a period of eight weeks. The photography training course you’ll take will cover core and advanced skills. It will give you the confidence and competence to achieve the highest standards while still ensuring your customers have the best possible experience. This course is accredited by BIPP – the British Institute of Professional Photography.
Your instruction in sales will be completed not only in a classroom but in an active studio, too. As part of this process, you’ll be walked through all the different aspects of the operation so you can get a full understanding of what’ll be required of you. You’ll of course also have continuous support from the company’s seasoned sales and marketing team. You’ll be able to contact them, as needed, after your retail business franchise launches.
Submit An Enquiry Today
If you’re contemplating pursuing this franchise opportunity, send an enquiry and request further information. It’s easily done – fill out this form and submit it. It will take just seconds.
