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Updated Recentlyvelofix Group of Companies vs Sign Gypsies Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of velofix Group of Companies vs Sign Gypsies 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 | $3,550 - $9,300 |
| Franchise Fee | $25,000 | $3,500 |
| Royalty Fee | 8% | - |
| Advertising Fee | 2% | - |
| Year Founded | 2012 | 2019 |
| Year Franchised | 2013 | 2020 |
| 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 | -/- |
| Start-up Costs | -/Yes | -/- |
| Equipment | -/Yes | -/- |
| Inventory | -/Yes | -/- |
| Receivables | -/- | -/- |
| Payroll | -/- | -/- |
Training & Support |
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| 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 | We are 100% committed to making your business a success. The second you join our team, we will virtually walk you through everything you need to know, and our corporate team is available to assist you at any time. |
| Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app | - |
| Operations | - | - |
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 Sign Gypsies
!["Sign]("https://fddexchange.com/wp-content/uploads/2020/08/Sign-Gypsies-300x137.png")
Add some smiles to your neighborhood and a little coin in your pocket.
See how you can own your own piece of the largest and fastest growing
team in the yard greeting industry. Sign Gypsies works with you to create a custom yard greeting that’s as special as your guest of honor. We are 100% committed to making your business a success. The second you
join our team, we will virtually walk you through everything you need to
know, and our corporate team is available to assist you at any time.