Kendlebell vs Venture X Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Kendlebell vs Venture X including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Kendlebell Franchise
Venture X Franchise
Investment $50,000 - And Up$748,585 - $2,026,210
Franchise Fee N/A$79,500
Royalty Fee -6%
Advertising Fee -1%
Year Founded -2012
Year Franchised -2016
Term Of Agreement -20 years
Term Of Agreement -20 years
Renewal Fee -$1K


Business Experience Requirements

 
Kendlebell Franchise
Venture X Franchise
Experience --

Financing Options

 
Kendlebell Franchise
Venture X Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/Yes
Equipment -/--/Yes
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
Kendlebell Franchise
Venture X Franchise
Training -On-The-Job Training: 8 hours Classroom Training: 23 hours
Support -Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
Marketing -Co-op Advertising Ad Templates Regional Advertising Social media SEO Website development Email marketing Loyalty program/app
Operations -Absentee Ownership Allowed

Number of Employees Required to Run: 2


Expansion Plans

 
Kendlebell Franchise
Venture X Franchise
US Expansion -Yes
Canada Expansion -No
International Expansion -Yes

Company Overviews

About Kendlebell

Kendlebell have over 20 offices throughout the UK and one in Ireland. We are the single largest provider of Personal Telephone Answering services in the UK. Indeed the key to our success is the highly PERSONAL level of service that we provide. Our competitors are typically Call Centres so they accommodate all their staff in one building. The more clients they get the harder it becomes for them to continue to provide each and every one of their clients with the same personal level of service that we do. Kendlebell overcome this problem by setting up small offices where the atmosphere is more friendly and the staff have an opportunity to get to know you. The more successful we are the more offices we open and therefore we will always be able to allocate a team of just two or three PA's to look after you.

About Venture X

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.
By 2020, The Bureau of Labor 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.
Like other “sharing” industries, Venture X franchisees simply provide the modern workspace and members buy private memberships, giving them access to open areas or private offices, whichever they prefer.
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.

Veteran Incentives  10% off franchise fee
#319 in Franchise 500 for 2021.   Not in Franchise 500 for 2020.