Pear Track vs Venture X Franchise Comparison

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

Start-Up Costs and Fees

 
Pear Track 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 20092012
Year Franchised 20092016
Term Of Agreement -20 years
Term Of Agreement -20 years
Renewal Fee -$1K


Business Experience Requirements

 
Pear Track Franchise
Venture X Franchise
Experience --

Financing Options

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

Training & Support

 
Pear Track 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

 
Pear Track Franchise
Venture X Franchise
US Expansion -Yes
Canada Expansion -No
International Expansion YesYes

Company Overviews

About Pear Track

As a result of unprecedented UK and worldwide success, and to celebrate the opening of our USA division, our company, one of the world leaders and pioneers in the field of GPS tracking and asset monitoring systems, are now seeking exclusive country or state Master Distributors to take their brand to another International level. Anyone with the good fortune to be granted the exalted status of Exclusive Master Distributor for their chosen country could have invested into a veritable gold mine. The value of this opportunity is increased even further by the company ethos of honesty, integrity and outstanding company support : As a result of our extraordinary success to date, enquiries are now pouring in from all over the world from prospective partners eager to get a piece of this highly lucrative pie ..especially as there is arguably no business that boasts more stability, longevity and earning potential, to satisfy even the most ambitious of business entrepreneurs. Suitable experience and the right contacts should fast track newly appointed Master Distributors to a high earning level in the shortest possible time; after which the business should rapidly multiply on its own energy and feed off its early success. SUMMARY A Master Distributorship with the Peartrack brand could be described as the "Holy Grail" for businessmen and business women alike because it is the rarest of opportunities to get in at the beginning before the brand becomes Internationally recognized in countries on all continents. When this happens, the investment required to claim such an exalted status of Exclusive Country Master Distributor usually becomes out of reach to all but the very wealthiest of business people. To receive more information on what we hope could prove a life changing experience for you, please fill out the information here: http://www.thefranchisemall.com/requests/default.asp?id=14284

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.