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Updated Recentlyvelofix Group of Companies vs AirMD Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of velofix Group of Companies vs AirMD 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 | $53,750 - $75,750 |
| Franchise Fee | $25,000 | $45,000 |
| Royalty Fee | 8% | to 4% |
| Advertising Fee | 2% | $250/mo. |
| Year Founded | 2012 | 2007 |
| Year Franchised | 2013 | 2018 |
| 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/Yes |
| Start-up Costs | -/Yes | -/Yes |
| Equipment | -/Yes | -/Yes |
| Inventory | -/Yes | -/- |
| Receivables | -/- | -/- |
| Payroll | -/- | -/- |
Training & Support |
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| Training | On-The-Job Training: 17 hours Classroom Training: 24 hours | On-The-Job Training: 45 hours Classroom Training: 54 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 | Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software |
| 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 Social media SEO Website development Email marketing Loyalty program/app |
| Operations | - | Number of Employees Required to Run: 1 - 2 |
Expansion Plans |
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| US Expansion | Yes | Yes |
| Canada Expansion | 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 AirMD
The AirMD Franchise, is an environmental company specializing in indoor air quality testing and building assessments.
Our franchise is based on its affiliate company, AirMD Inc. which began operations in Boca Raton, Florida during 2008 and now is selling franchise licenses in all 50 states.
After nearly ten years in the environmental industry AirMD identified the need for a national indoor environmental testing company like AirMD which did not exist. AirMD provides an "end to end solution” all the back end operations are provided to our franchisees by us, and as a franchisee, you will benefit from our existing AirMD internal operations such as accounts receivable, third party laboratory, technical report writing, insurance claim processing, national call center, national accounts. The franchisee will be required to pass and hold state licensure for their state in mold, lead and asbestos and a Certified Indoor Environmental certification can be taken online for each franchisee.