VENTURE STUDIOS AND FRANCHISING
Do you want to join an exciting creative business, offering consumers a personal and bespoke experience, resulting in happy customers and generating excellent earning potential? Venture Studios is the UK’s leading portrait photographers and offers a proven franchise model for driven individuals with a desire to run their own business, regardless of their background.
As a Venture Studios franchisee, you will have the opportunity to make an average annual turnover of £440,000. The Venture model is designed to generate earnings for our franchisees of 10 -15% of turnover, in addition to a salary of approximately £25,000. In fact, our top performing studios generate sales over £650,000, with over 40% turning over more than £500,000 in 2017. This positions Venture in the top 35% of franchised systems(based on turnover) according to the most recent BFA survey.
Consequently, the earning potential of a Venture Studio is comparable with many much larger franchises on the market, However, with start-up costs starting at just £70,000, (compared to three times this number for other franchise opportunities) the potential return on investment with Venture studios is exceptional.
HOW DO WE COMPARE?
According to the BFA 2015 survey, the average turnover of franchises providing personal services was £220,000. But with the average Venture studio turning over £440,000, this puts the company in the top third of its sector.
Your earning potential is supported by our cost-effective franchise fee. The average fee charged by franchisors in the UK is 11.7% but we set ours at 7.5% so our franchisees can earn more, reaping the benefits of their hard work. How many other companies charge a fee which is approximately 4% lower than the national average?
Venture has operated its franchise model for the last 17 years, and in this time has established itself as the premium market leader in the photography market. It is the only nationally recognised brand in its sector, making it truly distinct as a franchise concept. It dominates the space that it occupies in the market and supports studios from day one. With an exceptional training programme, we have taken a non-photographer to a franchise turnover of £500,000 within their first year of trading.
The support doesn’t stop there. In 2017 our central marketing team generated nearly 20% of customers that visited a Venture studio. And with a total of 15,000 customers visiting a Venture studio in 2017, we are 10 times bigger than our nearest competitor. It is this presence in the market that led to Venture being chosen in 2017 by electronics giant Samsung, to work with them in the launch of their ‘The Frame’ television, generating very high quality customers for all Venture franchisees and providing a fantastic brand association for the company.
Venture now operates its franchise model across three continents, with 16 studios in the UK, as well as studios in Asia and the USA. We pride ourselves on a tried and tested business model, which combines world-class customer service, market-leading standards of photography, effective routes to market to generate customers, and a unique and contemporary range of products. All of which can result in excellent financial returns.
PHOTOGRAPHY BY DESIGN
Photography innovation and customer experience is at the heart of Venture’s business, and we are constantly pushing the boundaries of style, presentation and client value. This focus creates both an experience and a product which is full of emotional value for the client, which in turn leads to an average spend per customer which is unrivaled in other photography franchises and the portrait market generally.
“Strikingly stylish and original, Venture’s portraits deserve to have rooms designed around them.”
Susan Rose, Ideal Home magazine
“The work that Venture produces is stunning.”
Chris Harper, Chief Executive, British Institute of Professional Photography
All Venture photographers and studio staff are trained to the highest standard ensuring they produce the work and a customer experience that is synonymous with the Venture brand. This has led to the creation of over 2.6 million pieces of Venture hand-made photographic products which are now displayed in homes across the UK, USA and Asia. All Venture products are exclusively hand made in the UK and supplied by Premier Image Services. Premier specialises in Epson Digigraphie printing which allows reproductions of work printed to a high-quality specification. And as members of the Fine Art Trade Guild, you know that they are working to the Guild’s very high standards, giving buyers extra confidence in both the quality of the artwork and the framing.
AS A VENTURE FRANCHISEE YOU WILL:
- Be part of a network of state-of-the-art studios in the UK, US and Asia.
- Benefit from a well-known, established brand synonymous with quality and experience.
- Gain customers constantly from transactions on our website.
- Gain access to national partnerships with some of the country’s most recognised brands who ultimately supply high quality customers to Venture.
- Gain access to one of the UK’s largest providers of retail finance for your customers, driving higher average order values.
- Receive ongoing training and support from experienced and talented sales, marketing and photographic teams.
- Receive ideas and inspiration daily – we like to think we’re first with the best and brightest ideas in commercial portrait photography.
- Work with a proven business model, that focuses on customer volume from tried and tested marketing channels.
- Have your own large exclusive geographical territory, which will always contain sufficient marketing opportunities.