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Updated RecentlyUNIGLOBE Travel USA vs Venture X Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of UNIGLOBE Travel USA vs Venture X including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $45,000 - $65,000 | $748,585 - $2,026,210 |
| Franchise Fee | $19,000 | $79,500 |
| Royalty Fee | - | 6% |
| Advertising Fee | - | 1% |
| Year Founded | 1979 | 2012 |
| Year Franchised | 1980 | 2016 |
| Term Of Agreement | - | 20 years |
| Term Of Agreement | - | 20 years |
| Renewal Fee | - | $1K |
Business Experience Requirements |
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| Experience | Success as a franchisee depends in large part on the right personality match for the opportunity. The UNIGLOBE Travel business format is well-suited for individuals with sales, account servicing or account management expertise - however we have had successful franchise owners from all walks of life. | - |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | -/- | -/- |
| Start-up Costs | -/- | -/Yes |
| Equipment | -/- | -/Yes |
| Inventory | -/- | -/- |
| Receivables | -/- | -/- |
| Payroll | -/- | -/- |
Training & Support |
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| Training | UNIGLOBE provides its franchisees with continuous professional training programs dealing with sales, customer service, marketing, and operations. | On-The-Job Training: 8 hours Classroom Training: 23 hours |
| Support | Experienced and knowledgeable UNIGLOBE staff provide continuous professional support and ongoing evaluation in business management, sales development, strategic and financial planning, customer service and supplier relations. | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | UNIGLOBE franchisees profit from high consumer recognition of the UNIGLOBE brand name and the public's perception of UNIGLOBE as a professional and reliable organization. This image is reinforced through advertising, local promotions, public relations, and direct sales programs. | Co-op Advertising Ad Templates Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | You will NOT have to learn to be a travel agent. You will be building a "sales" organization. As a B2B franchise where your operating costs will be very low� no expensive retail space� no retail build out. There is no inventory to purchase or manage and you will be operating during regular business hours(9-5). | Absentee Ownership Allowed Number of Employees Required to Run: 2 |
Expansion Plans |
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| US Expansion | - | Yes |
| Canada Expansion | - | No |
| International Expansion | - | Yes |
Company Overviews
About UNIGLOBE Travel USA
If you are reading this: You may be a competitor looking to find out what the industry leader is up to. Or You may be the right person to discover fun, freedom, belonging and power as a UNIGLOBE Corporate Travel Franchisee. THIS IS A DIFFERENT KIND OF TRAVEL AGENCY This is an agency focused on business travel. A B2B business that collaborates with business owners, decision makers, administrators and travelers to establish and implement policies focused on value and control. WHY Over $100 Billion is spent annually on business travel in the USA. For most companies it is their third largest expense (after payroll and overhead). And while the internet may have captured a large part of the retail travel business, corporations have continued to award their travel accounts to industry professionals who deliver quality travel management. And unlike selling vacations and cruises where each sale is made individually and can take a long time before you realize any income, with a corporate account one sale represents multiple purchases that start immediately and in most cases continue for years. AND THE BEAUTY IS You do not have to learn to be a travel agent. You will make effective sales calls and presentations that gain and keep a company's commitment to use your agency. You offer a personal and/or online service. Whatever best fulfils the corporate customer needs. You earn from both. You use proven systems and methods. We have been doing this for 30 years and will provide you with complete materials, training and support. There is no high cost build out or retail space. You are building a proactive sales organization that doesn't rely on "walk in" customers. Start with shared office space at a fraction of the cost of a retail storefront. There is no inventory to purchase and manage. It is a true service business format. You operate during regular business hours. Your customers are corporations that operate 9 to 5, Monday through Friday. For off hours and emergencies you have 24/7 coverage from our help line. Make an Informed Business Decision We use a multi step process to make sure you get all the information you need to make a fully informed business decision. It starts with your initial inquiry that you can make by clicking on our website link and Apply or request a Franchise Kit.
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.