velofix Group of Companies Franchise

Cycle shop


Veteran Incentives  10% off franchise fee


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Please Note: The operators of velofix Group of Companies, may not have verified the accuracy of the Franchise information contained within this website. For accurate up-to-date information, investors are strongly recommended to visit the official velofix Group of Companies website.

How much does it cost to open a velofix Group of Companies Franchise?

The investment required to open a velofix Group of Companies Franchise is between $163,200-$198,950. There is an initial franchise fee of $25,000 which grants you the license to run a business under the velofix Group of Companies name.

Individual Unit Costs

  • Initial Investment:
    $163,200-$198,950
  • Initial Franchise Fee:
    $25,000
  • Royalty Fee:
    8%
  • Advertising Fee:
    2%


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When did the first velofix Group of Companies open? 2012
When did velofix Group of Companies start Franchising? 2013

United States: Nationwide

Canada: Nationwide

Expense In-House Third Party
Franchise Fee N/A Yes
Startup Costs N/A Yes
Equipment N/A Yes
Inventory N/A Yes
Accounts Receivable N/A N/A
Payroll N/A N/A

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

To calculate how much income a franchise owner can do at velofix Group of Companies Franchise, may vary on factors like location, size etc., On the other side as a business owner your goals to maintain the quality of service while streaming sales high and expenses low. As any other franchise may include rent/mortgage, staffing/family, inventory supplies, utilities, administrative costs vise vera. Location to location and seasons the months costs may vary. Most franchises start up costs are typically fixed and they will cover most of the initial operating costs like signage, furniture, decoration and renovations.

Listing Tags

Mobile bike shop
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Legal Disclaimer: This information is not a franchise offering for velofix Group of Companies and should not be construed as such. The Franchise Mall makes every effort to maintain accurate franchise data but does not guarantee nor assume liability for incorrect data. We recommend that anyone seriously interested in pursuing a velofix Group of Companies franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.

velofix Group of Companies

velofix Group of Companies

velofix Group of Companies
40 E. Main St. Newark, DE 19711
Newark, DE
19711

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