The Venture Studios Franchise is a successful portrait photography business. Venture is now operating its franchise model across three continents, with 16 studios in the UK, as well as studios in Asia and the USA.
Venture pride themselves on a tried and tested business model, which combines world-class customer service, market-leading standards of photography, effective routes to market to generate customers, and a unique and contemporary range of products. All of which can result in excellent financial returns.
Venture has operated its franchise model for the last 17 years, and in this time has established itself as the premium market leader in the photography market. It is the only nationally recognised brand in its sector, making it truly distinct as a franchise concept.
Venture dominates the space that it occupies in the market and supports studios from day one. With an exceptional training programme, Venture have taken a non-photographer to a franchise turnover of £500,000 within their first year of trading.
Venture are constantly pushing the boundaries of style, presentation and client value. This focus creates both an experience and a product which is full of emotional value for the client, which in turn leads to an average spend per customer which is unrivalled in other photography franchises and the portrait market generally.
According to the BFA 2015 survey, the average turnover of franchises providing personal services was £220,000. But with the average Venture studio turning over £440,000, this puts the company in the top third of its sector.
Your earning potential is supported by Venture's cost-effective franchise fee. The average fee charged by franchisors in the UK is 11.7% but Venture set theirs at 7.5% so their franchisees can earn more, reaping the benefits of their hard work.
As a Venture Studios franchisee, you will have the opportunity to make an average annual turnover of £440,000.
The Venture model is designed to generate earnings for their franchisees of 10 -15% of turnover, in addition to a salary of approximately £25,000.
In fact, the top performing studios generate sales over £650,000, with over 40% turning over more than £500,000 in 2017.
This positions Venture in the top 35% of franchised systems (based on turnover) according to the most recent BFA survey.
Consequently, the earning potential of a Venture Studio is comparable with many much larger franchises on the market.
However, with start-up costs starting at just £70,000, (compared to three times this number for other franchise opportunities) the potential return on investment with Venture studios is exceptional. And you would only need 50% of this figure as liquid cash.
Venture's current network of franchisees is from a wide variety of professional backgrounds, and whilst you don’t need specific photographic experience, it’s important that you have the ability, passion and determination needed to lead your business and your team from the front.
Regardless of background, Venture's application and approval process will make sure that anyone who becomes one of their franchisees possesses the qualities and skills that will give them every opportunity to succeed.
I’ve built Venture Eton up since I purchased the business, the studio team have worked incredibly hard over the last 5 years and am very proud to have been awarded the Studio of the Year three times since I bought it. With turnover averaging £650K a year we have always been one of the highest performing sales studios in the country.Jonny Foster, Venture Eton
The first two years were a very steep learning curve, and it’s been hard work, however that hard work has paid off and the financial returns of the business have exceeded our expectations. It has been really satisfying to be involved in such a unique and powerful brand, every day we see how thrilled customers are when they see the amazing photographs that we take of their families.Martin and Michelle Hillman, Venture Southampton
The UK’s largest family portrait photographer.
Exceptional ongoing training in all areas of the business.
All products hand made in the UK.