Venture X vs Smash My Trash Franchise Comparison

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

Start-Up Costs and Fees
 
Venture X Franchise
Smash My Trash Franchise
Investment $748,585 - $2,026,210$310,750 - $2,812,500
Franchise Fee $79,500$49,500
Royalty Fee 6%-
Advertising Fee 1%-
Year Founded 20122018
Year Franchised 20162018
Term Of Agreement 20 years-
Term Of Agreement 20 years-
Renewal Fee $1K-


Business Experience Requirements
 
Venture X Franchise
Smash My Trash Franchise
Experience --

Financing Options
 
Venture X Franchise
Smash My Trash Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/Yes-/-
Equipment -/Yes-/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support
 
Venture X Franchise
Smash My Trash 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
 
Venture X Franchise
Smash My Trash Franchise
US Expansion YesYes
Canada Expansion No-
International Expansion Yes-

Company Overviews

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.


About Smash My Trash

"Smash
Smash My Trash is revolutionizing the commercial waste industry. Smash My Trash franchise owners use proprietary technology to reduce waste volume by as much as 70%, saving business owners money, time, and aggravation. Smash My Trash is serious about environmental stewardship. Our service significantly reduces vehicle CO2 emissions by decreasing the volume of hauling trucks on the road, and we reduce landfill space required by increasing the density of every haul.
The More We Smash, The More You Save


The total investment necessary to begin operation of a Smash My Trash franchise for one territory (population of 200,000) is $310,750 to $367,500. This includes approximately $202,800 that must be paid to the franchisor or affiliates.
The total investment necessary to begin operation of two to ten territories (up to population of 2,000,000) is $350,750 to $2,812,500. This includes approximately $242,800 to $1,867,500 that must be paid to the franchisor or its affiliates.