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Updated RecentlySystems Paving vs velofix Group of Companies Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Systems Paving vs velofix Group of Companies including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $39,950 - $120,800 | $169,200 - $202,700 |
| Franchise Fee | $14,800 - $17,800 | $25,000 |
| Royalty Fee | 6% | 8% |
| Advertising Fee | 2% | 2% |
| Year Founded | 1992 | 2012 |
| Year Franchised | 2001 | 2013 |
| Term Of Agreement | 10 years | - |
| Term Of Agreement | 10 years | - |
| Renewal Fee | $500 | - |
Business Experience Requirements |
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| Experience | *Strong business acumen *Ability to motivate and lead a team *Positive "can do" attitude *Sales experience preferable *No construction experience necessary | - |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/No | -/Yes |
| Start-up Costs | No/No | -/Yes |
| Equipment | No/No | -/Yes |
| Inventory | No/No | -/Yes |
| Receivables | No/No | -/- |
| Payroll | No/No | -/- |
Training & Support |
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| Training | 2 weeks of comprehensive training at our California home office for you and your key employees. Once you return home, we provide continued support, including field training at your location. Training includes: *Business planning *Marketing planning and strategies *Sales consultation *Installation training *Best practices | On-The-Job Training: 17 hours Classroom Training: 24 hours |
| Support | Newsletter, Meetings, Toll-free phone line, Internet | Purchasing Co-ops 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, National media, Regional advertising | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations |
Franchise can be run from home. 0% of all franchisees own more than one unit Number of employees needed to run franchised unit: 5 - 15
Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | - |
Expansion Plans |
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| US Expansion | Yes | Yes |
| Canada Expansion | No | Yes |
| International Expansion | No | - |
Company Overviews
About Systems Paving
Established in 1992, Systems Paving, Inc. combined the unique talents and experience of Larry Green and Doug Lueck. With over 55 years of experience, we have a lot of important lessons to share. We know what it's like to be your own boss, and we know what it takes. We are extremely passionate about our business and want people who are interested in sharing that passion. Our success relies on a proven, detailed process. We've done our homework to pave the way. From business training and major marketing support to our proprietary technology, we give you all the tools you need. This process makes a Systems Paving franchise simple for you, satisfying for homeowners and successful for everyone.