SportsXpress vs velofix Group of Companies Franchise Comparison

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

Start-Up Costs and Fees

 
SportsXpress Franchise
velofix Group of Companies Franchise
Investment $15,000 - And Up$169,200 - $202,700
Franchise Fee $15,000$25,000
Royalty Fee 10% which includes a 2% towards training fund8%
Advertising Fee -2%
Year Founded -2012
Year Franchised -2013
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
SportsXpress Franchise
velofix Group of Companies Franchise
Experience * Passion for sports * Strong people skills * Small financial investment-

Financing Options

 
SportsXpress Franchise
velofix Group of Companies Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/Yes
Start-up Costs -/--/Yes
Equipment -/--/Yes
Inventory -/--/Yes
Receivables -/--/-
Payroll -/--/-

Training & Support

 
SportsXpress Franchise
velofix Group of Companies Franchise
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

 
SportsXpress Franchise
velofix Group of Companies Franchise
US Expansion YesYes
Canada Expansion YesYes
International Expansion --

Company Overviews

About SportsXpress

SportsXpress is a grassroots, multi-media publishing platform dedicated exclusively to the community sports lifestyle! We’re all about the athletes, their teams, coaches, families, volunteers and fans. We publish real life stories and include all ages and skill levels.

Our business plan was derived from the evident lack of coverage of local organized sports. Through discussions with numerous groups and associations we also discovered those involved in local sports view it as more of a "lifestyle" - an important part of their identity. Later, we discovered the local sports scene is one of the largest lifestyle segments in any community and across the country.

In the spring of 2008 we launched a test model and have been developing the playbook ever since.

We are excited to invite you to be a part of this distinct lifestyle - one that we call a “hidden economy”, and look forward to working with you on developing your winning game plan.

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