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Updated RecentlyVelocity Express vs Nexterus Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Velocity Express vs Nexterus 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 | $87,800 - $124,300 |
| Franchise Fee | N/A | $45,000 - $60,000 |
| Royalty Fee | - | 3% |
| Advertising Fee | - | $100/mo. |
| Year Founded | - | - |
| Year Franchised | - | - |
| Term Of Agreement | - | 5 years ++5+5 |
| Term Of Agreement | - | 5 years ++5+5 |
| 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 | -/- | -/- |
| Start-up Costs | -/- | -/- |
| Equipment | -/- | -/- |
| Inventory | -/- | -/- |
| Receivables | -/- | -/- |
| Payroll | -/- | -/- |
Training & Support |
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| Training | - | Comprehensive corporate-based and in-territory training Ongoing training and support |
| Support | - | Assistance with local marketing, lead generation and sales efforts Access to approved suppliers and exclusive supply chain modeling and management technologies Centralized back-office technical and call center support A detailed, confidential operations manual |
| Marketing | - | - |
| Operations | - | - |
Expansion Plans |
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| US Expansion | - | - |
| Canada Expansion | - | - |
| International Expansion | - | - |
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 Nexterus
Since our humble beginnings in Baltimore in 1946, Nexterus has been focused on helping small and medium companies compete through the power of supply chain. We research best-in-class supply chain strategies being employed by the largest companies in the world. Then, we bring them to you in scalable, affordable applications. Nexterus' unique approach of modeling, optimizing and managing gives you the freedom to build your business without being distracted by a multitude of complex supply chain challenges.
We are primarily seeking franchisees that are current supply chain industry professionals or military veterans with logistics experience who can apply their knowledge to operate a compelling, home-based supply chain consulting and management business. We look for individuals who are high-energy, have solid sales and rapport-building skills and who can demonstrate they are committed to providing great, consultative customer service. All franchise owners must be, or become, domestic property brokers.
With Nexterus, you can provide supply chain management services and
solutions for a wide base of small and medium sized companies in your
local area.