Apartment Movers etc. vs Velocity Express Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Apartment Movers etc. vs Velocity Express including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Apartment Movers etc. Franchise
Velocity Express Franchise
Investment $75,000 - $150,000N/A
Franchise Fee $24,500N/A
Royalty Fee 5%-
Advertising Fee --
Year Founded 1995-
Year Franchised 1998-
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee --


Business Experience Requirements

 
Apartment Movers etc. Franchise
Velocity Express Franchise
Experience --

Financing Options

 
Apartment Movers etc. Franchise
Velocity Express Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees No/No-/-
Start-up Costs No/Yes-/-
Equipment No/Yes-/-
Inventory No/Yes-/-
Receivables No/No-/-
Payroll No/No-/-

Training & Support

 
Apartment Movers etc. Franchise
Velocity Express Franchise
Training Ongoing training available-
Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives-
Marketing Co-op advertising, Ad slicks, Regional advertising-
Operations 0% of all franchisees own more than one unit

Number of employees needed to run franchised unit: 10

Absentee ownership of franchise is allowed. (40% of current franchisees are owner/operators)

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Expansion Plans

 
Apartment Movers etc. Franchise
Velocity Express Franchise
US Expansion --
Canada Expansion No-
International Expansion Yes-

Company Overviews

About Apartment Movers etc.

When customers would rent moving trucks from Kim Swanson's company, they would often complain about the amount of money, time and damage it cost them. Seeing the need for an affordable moving company, Swanson founded Apartment Movers Etc. in 1995.

The company specializes in smaller moves for both commercial and residential customers. Apartment Movers Etc. can handle complete moves or transport just one item.

About Velocity Express

TransForce has purchased Stafford, Texas-based Velocity Express and its subsidiaries, which include 80 locations across the US and Western Canada, employing about 2,600 staff and independent contractors. Velocity provides same-day regional delivery services.