Pinot's Palette vs velofix Group of Companies Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Pinot's Palette vs velofix Group of Companies including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
	Pinot's Palette Franchise	velofix Group of Companies Franchise
Investment	$96,800 - $246,700	$169,200 - $202,700
Franchise Fee	$22,500 - $27,500	$25,000
Royalty Fee	6%	8%
Advertising Fee	2%	2%
Year Founded	2009	2012
Year Franchised	2010	2013
Term Of Agreement	10 years	-
Term Of Agreement	10 years	-
Renewal Fee	50% of franchise fee	-
Business Experience Requirements
	Pinot's Palette Franchise	velofix Group of Companies Franchise
Experience	"We like people that are outgoing, bubbly. Our big thing is characters with character." - Haley Connor, consumer marketing *Has a passion for wine and entertaining people *Likes to network and is a mover and shaker in the community *No art experience required	-
Financing Options
	Pinot's Palette Franchise	velofix Group of Companies Franchise
	In-House/3rd Party	In-House/3rd Party
Franchise Fees	Yes/No	-/Yes
Start-up Costs	No/Yes	-/Yes
Equipment	No/Yes	-/Yes
Inventory	No/Yes	-/Yes
Receivables	No/Yes	-/-
Payroll	No/Yes	-/-
Training & Support
	Pinot's Palette Franchise	velofix Group of Companies Franchise
Training	On-The-Job Training: 71-81 hours Classroom Training: 68-113 hours Additional training as needed	On-The-Job Training: 17 hours Classroom Training: 24 hours
Support	*Brand strategy definitions and Operations *Site selection*Lease negotiation *Target customer profiles *Media buying theory, industry definitions *Pinot's Palette PR Toolkit *Grand opening media relations support *National partnerships with respected brands in your area *Social media and email marketing content and strategy *Designed creative for media placements at your fingertips *Build-out drawings, opening roadmap, benchmarking reports *P&L reports, payroll reports, calendar planning reports *Artist training, bar training, preferred pricing for supplies *Strategy 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	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	Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app
Operations	Number of Employees Required to Run: 6	-
Expansion Plans
	Pinot's Palette Franchise	velofix Group of Companies Franchise
US Expansion	Yes	Yes
Canada Expansion	Yes	Yes
International Expansion	Yes	-

Company Overviews

About Pinot's Palette

Pinot’s Palette (formerly Pinot & Picasso) opened for business on May 6, 2009. Being a new concept to Houston, we started small, with the hopes of having class three nights a week. Before long, word spread, and we now have Pinot's Palette as a pioneer of the paint and sip experience - a revolutionary way to enjoy art and wine, meet new people and bond with friends. With more than 100 locations across 32 states and Canada, and new locations popping up monthly, Pinot's Palette is the world's fastest growing paint and sip franchise. Guests enjoy a no-experience-required art class "all supplies included" directed by trained, local artists, who guide guests step-by-step through a featured painting. The Pinot's Palette culture is the engine for the company's long term success. By focusing on innovation, customer excellence, and providing a fun, entertaining atmosphere, Pinot's Palette is well-equipped to meet customer demand in today's marketplace and in the future. By bringing fun, modern and creative ideas to their events, Pinot's Palette curates a unique, rewarding experience while providing a worthwhile contribution to the community. Every franchise partner in the system and each member of the headquarters team is selected for their passion and commitment to furthering the mission and values of the organization. The Pinot's Palette culture, often described as Team Pinot, is integral to every facet of the business. Pinot's Palette looks for franchisee partners that have good people skills and values that fit comfortably within the Team Pinot culture. The prime candidate will also have the ability to provide leadership in his or her studio and generate good will in the community. Artistic background is not required, and the owner's primary role is strategic management of the business. Franchisees have as much fun as the customers. "It's a business that markets fun. The business is unique and thriving.

Veteran Incentives  20% rebate on franchise fee

#323 in Franchise 500 for 2020.

About velofix Group of Companies

velofix was launched in 2013 by Chris Guillemet, Boris Martin, and Davide Xausa, who all share a passion for cycling and the common belief
that bicycles can help change the world. velofix is the largest fleet of Mobile Bike Shops in North America.

velofix has also been called “one of the most impressive mobile franchises” by Entrepreneur Magazine. velonews calls Mobile Bike Shops the #1 Industry Trend in 2017.

Veteran Incentives  10% off franchise fee