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Updated Recentlyvelofix Group of Companies vs Card My Yard Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of velofix Group of Companies vs Card My Yard 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 | $4,725 - $13,800 |
| Franchise Fee | $25,000 | $4,000 |
| Royalty Fee | 8% | - |
| Advertising Fee | 2% | - |
| Year Founded | 2012 | 2017 |
| Year Franchised | 2013 | 2017 |
| 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 | - |
| 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 Card My Yard
!["Card]("https://fddexchange.com/wp-content/uploads/2019/05/Card-My-Yard.png")
A yard greeting business utilizing the “Card My Yard” concept and their
business operating system to provide yard greeting services and related
products.
Card My Yard is the original yard greeting service based in Austin,
Texas, that specializes in making your BIG day even BIGGER. Amy Arnold
and Jessica Stanley, both moms of three, met at a women's Bible Study
and quickly became friends. In October 2014, the two moms along with
their husbands founded Card My Yard with a simple goal to serve families
and make a positive impact in the community as small business owners.
Now 200+ franchise locations are in operation across the United States
spreading joy on a daily basis. They are honored to share in celebrating
milestone moments in others' lives and hearing stories of great joy and
accomplishment.