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Below is an in-depth analysis and side-by-side comparison of Bottle & Bottega 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 | $94,300 - $146,100 | $169,200 - $202,700 |
Franchise Fee | N/A | $25,000 |
Royalty Fee | - | 8% |
Advertising Fee | - | 2% |
Year Founded | - | 2012 |
Year Franchised | - | 2013 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | Loves to entertain and throw parties A strong fundraiser or networker…not afraid to talk to anyone Can successfully manage multiple projects at a time Strong aptitude and understanding of finance and technology systems Ability to identify great people and follow operational systems Ability to be creative, laugh and have FUN! Note: Art experience is NOT required | - |
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 | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
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Training | - | On-The-Job Training: 17 hours Classroom Training: 24 hours |
Support | - | 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 Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
Operations | - | - |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | - | Yes |
International Expansion | - | - |