velofix Group of Companies vs HMI Concrete raising Franchise Comparison

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

Start-Up Costs and Fees

 
velofix Group of Companies Franchise
HMI Concrete raising Franchise
Investment $169,200 - $202,700$50,000
Franchise Fee $25,000N/A
Royalty Fee 8%-
Advertising Fee 2%-
Year Founded 20121974
Year Franchised 20131974
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
velofix Group of Companies Franchise
HMI Concrete raising Franchise
Experience --

Financing Options

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

Training & Support

 
velofix Group of Companies Franchise
HMI Concrete raising 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

 
velofix Group of Companies Franchise
HMI Concrete raising Franchise
US Expansion YesYes
Canada Expansion Yes-
International Expansion -Yes

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 HMI Concrete raising

"HMI

HMI began as RaiseRite Concrete Lifting, Inc. in 1974. At that time, the only slab raising pumps on the market were mechanical pumps designed in the 1950’s, and needless to say, innovation wasn’t a descriptive word for our industry.

Innovation and meeting customers’ expectations has driven us to become a world
leading manufacturer of concrete raising equipment and materials.
Through our history, we have led the concrete raising industry by developing and introducing self-propulsion, radio remote control, increased pumping speeds, and other improvements to our equipment to meet the concrete raising industry’s needs.