velofix Group of Companies vs iTRIPVACATIONS Franchise Comparison

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

Start-Up Costs and Fees
 
velofix Group of Companies Franchise
iTRIPVACATIONS Franchise
Investment $169,200 - $202,700$107,070 - $145,875
Franchise Fee $25,000$30,000
Royalty Fee 8%5%
Advertising Fee 2%-
Year Founded 20122008
Year Franchised 20132015
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
velofix Group of Companies Franchise
iTRIPVACATIONS Franchise
Experience --

Financing Options
 
velofix Group of Companies Franchise
iTRIPVACATIONS 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
iTRIPVACATIONS Franchise
Training On-The-Job Training: 17 hours Classroom Training: 24 hours On-The-Job Training: 28 hours Classroom Training: 21 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 Ongoing Support Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Online Support 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 Co-op Advertising Ad Templates Regional Advertising Social media SEO Website development Email marketing
Operations --

Expansion Plans
 
velofix Group of Companies Franchise
iTRIPVACATIONS Franchise
US Expansion YesYes
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 iTRIPVACATIONS

Vacationers and business travelers alike are choosing private accommodations over hotels with increasing frequency, and that trend shows no sign of slowing down. This means now is the perfect time to start your own property management business with iTrip. At iTrip Vacations, we are industry leaders; partnering with over 80 national and international listing sites including Airbnb, Vrbo, HouseTrip, Trip Advisor, and Expedia. In addition, our public relations team writes blogs, creates social posts, and organizes digital marketing campaigns to drive prospective Rental Guests to the listings of our franchisees.