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Updated RecentlyLocal Door Coupons vs velofix Group of Companies Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Local Door Coupons 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 | $26,100 - $41,500 | $169,200 - $202,700 |
| Franchise Fee | $24,900 | $25,000 |
| Royalty Fee | 9% | 8% |
| Advertising Fee | 2% | 2% |
| Year Founded | 2014 | 2012 |
| Year Franchised | 2015 | 2013 |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | The Local Door Coupons Franchisees: Enjoy sales. Self-motivated and energetic. Have a good business understanding. Outgoing and enjoy being on the field and meeting people. Feel satisfaction from helping local businesses succeed. Have a background in business/or sales management (Not required, but preferred). Have the ability to follow a proven, easy turn-key system. | - |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | Yes/Yes | -/Yes |
| Start-up Costs | Yes/Yes | -/Yes |
| Equipment | Yes/- | -/Yes |
| Inventory | Yes/- | -/Yes |
| Receivables | Yes/- | -/- |
| Payroll | Yes/- | -/- |
Training & Support |
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| Training | The Local Door Coupons provides you with a comprehensive and multi-faceted training course which includes various hours of classroom setting training and many more hours of on the job training at one of our already established offices. We are committed to your success and for that reason we will not only be hosting training sessions at our headquarters, our staff travels out to your territory and guides you in introducing and obtaining your first few clients. You and your staff will also have complete access to our training and operational manuals as an on-going reference for operations. Support and assistance will be provided as needed. | On-The-Job Training: 17 hours Classroom Training: 24 hours |
| Support | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations 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 Social media SEO Website development Email marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | Absentee Ownership Allowed Number of Employees Required to Run: 1 | - |
Expansion Plans |
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| US Expansion | Yes | Yes |
| Canada Expansion | - | Yes |
| International Expansion | - | - |
Company Overviews
About Local Door Coupons
Ever wanted to own your own business? Instead of starting one that
competes with every other business, why not provide a unique service
that every company needs? We offer an advertising solution that is
innovative, effective and affordable. As a franchisee, you work with
local businesses within your exclusive territory to promote their
products/services utilizing our Door Coupons. New offerings/coupons are
printed and delivered to homes within your territory monthly.
- Low Initial Capital Investment
- Easy Turn-Key System
- Sales and Marketing Assistance
- Training
- Administrative Assistance
- Business Development Support
- No overhead as this is a home based business with the potential for substantial income with high profits.