Question 1

Does Venture X franchise offer exclusive territory?

Accepted Answer

Venture X offers Exclusive territory protection to its franchisees. This means no other franchisee can open in your designated area.

Question 2

What is the Venture X franchise agreement term length?

Accepted Answer

The initial franchise agreement term for Venture X is 35 years. Franchisees may renew up to 1 time for 35-year periods. The total potential term is 70 years.

Question 3

What is the non-compete clause for Venture X franchise?

Accepted Answer

The Venture X franchise non-compete clause extends for 2 years within a 25-mile radius after termination or expiration of the franchise agreement.

Question 4

Can you transfer or sell a Venture X franchise?

Accepted Answer

Yes, Venture X allows franchise transfers, subject to franchisor approval and conditions outlined in the agreement. A transfer fee of $49,500 applies.