Enercon vs Venture X Franchise Comparison

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

Start-Up Costs and Fees

 
Enercon Franchise
Venture X Franchise
Investment N/A$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

 
Enercon Franchise
Venture X Franchise
Experience --

Financing Options

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

Training & Support

 
Enercon 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

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

Company Overviews

About Enercon

Become a Representative Good for the earth - Good for the Economy - and Good for YOUR cash flow! Enercon International offers its' Independent Business Affiliates an industry proven suite of products and techniques able to save clients an average of 10% - 50% on facility-wide electricity costs and in excess of 75% on some individual applications. That means that your clients will have their cost Paybacks generally between 6 - 36 months. Discover the Economic Difference: A positive solution to the energy crisis and an opportunity for high profit margins for our Representatives. Our Success in recent years given the economic times and their impact on business costs, especially in "Bay" working environments has been beyond our expectations or projections and offering solid business opportunities to individual representatives is a great solution for your economic goals and ours. Discover the Economic Difference: A positive solution to the energy crisis and an opportunity for high profit margins for our Representatives. Our business representatives receive complete training and support - YES that includes leads and support to process and manage your business so that you achieve outstanding results as quickly as possible. We offer a positive solution to the growing energy crisis while our Independent Business Affiliates are able to enjoy a VERY HIGH PROFIT margin on sales.

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.