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Below is an in-depth analysis and side-by-side comparison of Portrait Avenue vs Venture Photography including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $125,000 - $150,000 | $500,000 - $750,000 |
Franchise Fee | N/A | N/A |
Royalty Fee | - | - |
Advertising Fee | - | - |
Year Founded | 1981 | 2000 |
Year Franchised | 2007 | 2000 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | - |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
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Training | - | - |
Support | - | - |
Marketing | - | - |
Operations | - | - |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | - | - |
International Expansion | - | Yes |
NO LONGER FRANCHISING
Portrait Avenue will fill a specialty in the representation business: It will be more upscale than J.C. Penney and Kmart picture studios yet less costly than most privately claimed representation shops. The normal cost for a bundle of photographs will be $120.
Every store will include two representation studios, a conference zone, a children den and photograph preparing gear. Individuals will have the capacity to have their representation taken and prints made in 60 minutes.
The organization is as yet tweaking the expenses, however Loyle said add up to cost - establishment charge, working capital and work out for the stores - is $135,000, which is a great deal not exactly the $250,000 to $350,000 it expenses to open a Moto Photo store.
Venture is the UK's only national portrait photography franchise and we currently operate over 50 studios in our home market. Our UK franchisees each own and operate one or more Venture studios, typically located in ‘secondary' retail locations. Our brand is positioned at the premium end of the portrait sector and we pride ourselves on the combination of world-class customer service, market-leading standards of photography and a unique and contemporary range of products.Venture is a full member of both the British Franchise Association (bfa) and the International Franchise Association and we were delighted and proud to be awarded the prestigious ‘bfa Franchisee of the Year Award' in 2008, an award that confirmed our position as one of the leading franchisors in the UK. We have a small number of ‘single unit' franchise opportunities in the UK. We are also seeking enquiries from potential franchisees in selected international markets that would be interested in opening a cluster of studios in a defined and exclusive territory. Find out more about becoming a Venture franchisee, either in the UK or internationally. If you share our excitement about the potential of the Venture concept, please get in touch. It could be your first step on a journey to becoming a Venture franchisee and helping us to develop this unique business into the global brand that we all know it will become.