Question 1

How many Venture X franchise locations are there?

Accepted Answer

Venture X currently has 61 total units, including 61 franchised locations and 0 company-owned locations.

Question 2

Is the Venture X franchise system growing or shrinking?

Accepted Answer

Venture X has experienced positive net growth of +7.0% over the past year, with a 3-year compound annual growth rate (CAGR) of +7.6%.

Question 3

What is the franchise vs. company-owned ratio for Venture X?

Accepted Answer

Venture X has a franchise ratio of 100%, meaning 100% of all units are franchisee-owned. This is a heavily franchised system.

Question 4

How many Venture X franchise units have opened and closed recently?

Accepted Answer

In the most recent reporting year (2024), Venture X had 9 units opened and 5 units closed.