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Updated Recentlyvelofix Group of Companies vs Midtown Chimney Sweeps Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of velofix Group of Companies vs Midtown Chimney Sweeps including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $169,200 - $202,700 | $58,306 - $113,828 |
| Franchise Fee | $25,000 | $48,500 |
| Royalty Fee | 8% | 7% |
| Advertising Fee | 2% | 3% |
| Year Founded | 2012 | 1979 |
| Year Franchised | 2013 | 2014 |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| 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 | -/Yes | -/Yes |
| Start-up Costs | -/Yes | -/Yes |
| Equipment | -/Yes | -/Yes |
| Inventory | -/Yes | -/Yes |
| Receivables | -/- | -/Yes |
| Payroll | -/- | -/Yes |
Training & Support |
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| Training | On-The-Job Training: 17 hours Classroom Training: 24 hours | On-The-Job Training: 40 hours Classroom Training: 31-35 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 | 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 | Ad Templates National Media Social media SEO Website development Email marketing |
| Operations | - | - |
Expansion Plans |
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| US Expansion | Yes | Yes |
| Canada Expansion | Yes | Yes |
| International Expansion | - | - |
Company Overviews
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
About Midtown Chimney Sweeps
Midtown Chimney Sweeps is a unique franchise opportunity in North
America. The company is involved with the hearth industry (the fireplace
manufacturing and maintenance industry). Midtown Chimney Sweeps creates value through business systems, chimney sweeping, and related services like dryer vent cleaning, light maintenance, and chimney repairs.
Better than a Chimney Sweep Course. It’s your Marketing and Scheduling
too. Franchising is a business strategy which allows investors to
capture their share of a market. By investing into a franchise, you are
not only purchasing a proven business name, business model and marketing
system, you are ensuring that you get and keep customers.
One market
presenting a huge opportunity presently is the hearth industry. It is
currently worth approximately $2,185,000,000, with 52% of all U.S.
households having at least one fireplace in their home. When you join
the Midtown Chimney Sweeps brand, you will become part of the first
chimney sweeping franchise in the U.S. to meet that demand.