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Updated RecentlyVelocity Express vs Pax Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Velocity Express vs Pax including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | N/A | $171,400 - $239,850 |
| Franchise Fee | N/A | $150,000 |
| Royalty Fee | - | 8% |
| Advertising Fee | - | 1% |
| Year Founded | - | 2008 |
| Year Franchised | - | 2017 |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | - | - |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | -/- | -/Yes |
| Start-up Costs | -/- | -/Yes |
| Equipment | -/- | -/Yes |
| Inventory | -/- | -/Yes |
| Receivables | -/- | -/Yes |
| Payroll | -/- | -/Yes |
Training & Support |
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| Training | - | On-The-Job Training: 65 hours Classroom Training: 53 hours |
| Support | - | Toll-Free Line Online Support Site Selection |
| Marketing | - | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing |
| Operations | - | - |
Expansion Plans |
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| US Expansion | - | Yes |
| Canada Expansion | - | - |
| International Expansion | - | Yes |
Company Overviews
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.
About Pax
PAX is a fast-growing transportation provider in a market thirsty for consistent experience across different territories. PAX’s unique franchise model is the first in its industry, allowing us to set ultra-competitive rates and spread faster than other business of our size. Hundreds of commercial airports in the US and many more abroad; we are just starting - a huge untapped opportunity for new franchisees.