Craters & Freighters vs Velocity Express Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Craters & Freighters vs Velocity Express including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Craters & Freighters Franchise
Velocity Express Franchise
Investment $187,000 - $254,500 N/A
Franchise Fee $31,500 N/A
Royalty Fee 5% -
Advertising Fee 2% -
Year Founded 1990 -
Year Franchised 1991 -
Term Of Agreement 15 years -
Term Of Agreement 15 years -
Renewal Fee - -


Business Experience Requirements

 
Craters & Freighters Franchise
Velocity Express Franchise
Experience It is not necessary to have a background in packaging, crate building, or transportation to operate our franchise. Our franchise owners come from widely varied backgrounds from Doctors to CPA's to Engineers. Our staff has the experience and credentials to guide you through an extensive training process in all aspects of running the operation including packaging, crating, and shipping procedures to administration, accounting, marketing, & sales. -

Financing Options

 
Craters & Freighters Franchise
Velocity Express Franchise
  In-House/3rd Party In-House/3rd Party
Franchise Fees No/Yes -/-
Start-up Costs No/Yes -/-
Equipment No/Yes -/-
Inventory No/Yes -/-
Receivables No/No -/-
Payroll No/No -/-

Training & Support

 
Craters & Freighters Franchise
Velocity Express Franchise
Training 10-day training program in Golden, CO Training includes classroom and hands-on experience in an operating franchise in Colorado. Owners are trained on, and provided with, the company's proprietary eBusiness Management System Software, Center Opening Handbook, Operations Manual, Policy and Procedures Manual, Freight Carriers Guide, Packaging & Crating Manual and Marketing Manual. Also includes business preparation, proprietary software, pick-up and delivery, transportation, bills of lading, shipping invoices, accounting, marketing, advertising, promotion, start-up operations, pricing and quoting, packaging and crating, insurance, tracers and claims, warehousing, personnel and international shipping. -
Support Newsletter, Meetings, Toll-free phone line, Internet, Security/safety procedures, Field operations/evaluations -
Marketing Ad slicks, National media -
Operations 21% of all franchisees own more than one unit

Number of employees needed to run franchised unit: 3 - 4

Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

-

Expansion Plans

 
Craters & Freighters Franchise
Velocity Express Franchise
US Expansion Yes -
Canada Expansion No -
International Expansion Yes -

Start-Up Costs and Fees Mobile

Investment
Craters & Freighters Franchise
$187,000 - $254,500
Velocity Express Franchise
N/A
Franchise Fee
Craters & Freighters Franchise
$31,500
Velocity Express Franchise
N/A
Royalty Fee
Craters & Freighters Franchise
5%
Velocity Express Franchise
-
Advertising Fee
Craters & Freighters Franchise
2%
Velocity Express Franchise
-
Year Founded
Craters & Freighters Franchise
1990
Velocity Express Franchise
-
Year Franchised
Craters & Freighters Franchise
1991
Velocity Express Franchise
-
Term Of Agreement
Craters & Freighters Franchise
15 years
Velocity Express Franchise
-
Renewal Fee
Craters & Freighters Franchise
-
Velocity Express Franchise
-


Business Experience Requirements

Experience
Craters & Freighters Franchise
It is not necessary to have a background in packaging, crate building, or transportation to operate our franchise. Our franchise owners come from widely varied backgrounds from Doctors to CPA's to Engineers. Our staff has the experience and credentials to guide you through an extensive training process in all aspects of running the operation including packaging, crating, and shipping procedures to administration, accounting, marketing, & sales.
Velocity Express Franchise
-

Financing Options

  In-House/3rd Party
Franchise Fees
Craters & Freighters Franchise
No/Yes
Velocity Express Franchise
-/-
Start-up Costs
Craters & Freighters Franchise
No/Yes
Velocity Express Franchise
-/-
Equipment
Craters & Freighters Franchise
No/Yes
Velocity Express Franchise
-/-
Inventory
Craters & Freighters Franchise
No/Yes
Velocity Express Franchise
-/-
Receivables
Craters & Freighters Franchise
No/No
Velocity Express Franchise
-/-
Payroll
Craters & Freighters Franchise
No/No
Velocity Express Franchise
-/-

Training & Support

Training
Craters & Freighters Franchise
10-day training program in Golden, CO Training includes classroom and hands-on experience in an operating franchise in Colorado. Owners are trained on, and provided with, the company's proprietary eBusiness Management System Software, Center Opening Handbook, Operations Manual, Policy and Procedures Manual, Freight Carriers Guide, Packaging & Crating Manual and Marketing Manual. Also includes business preparation, proprietary software, pick-up and delivery, transportation, bills of lading, shipping invoices, accounting, marketing, advertising, promotion, start-up operations, pricing and quoting, packaging and crating, insurance, tracers and claims, warehousing, personnel and international shipping.
Velocity Express Franchise
-
Support
Craters & Freighters Franchise
Newsletter, Meetings, Toll-free phone line, Internet, Security/safety procedures, Field operations/evaluations
Velocity Express Franchise
-
Marketing
Craters & Freighters Franchise
Ad slicks, National media
Velocity Express Franchise
-
Operations
Craters & Freighters Franchise
21% of all franchisees own more than one unit

Number of employees needed to run franchised unit: 3 - 4

Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

Velocity Express Franchise
-

Expansion Plans

US Expansion
Craters & Freighters Franchise
Yes
Velocity Express Franchise
-
Canada Expansion
Craters & Freighters Franchise
No
Velocity Express Franchise
-
International Expansion
Craters & Freighters Franchise
Yes
Velocity Express Franchise
-

Company Overviews

About Craters & Freighters

Starting a franchise format business can eliminate some of the risk of opening an independent business because the concept, brand and name recognition have already been established. The new franchise is the beneficiary of the years of experience of those in support positions at the home office and of all the franchisees that have gone before them. The corporate team is in place to initially provide support in launching the business that includes forecasting and planning for business opening expenses, identifying a location, space planning, shop equipment, supply and inventory purchasing, staffing and training on a broad range of topics key to administering the daily operations of the business. Many more support functions are furnished throughout the life of the franchise pertaining to growing the business and its ongoing operations. The Craters & Freighters network provides a distinct advantage over any would be competitor. Instead of being an independent business operation, the new franchise owner directly benefits from the services provided by the Craters & Freighters network of locations. The network provides a big competitive edge allowing our franchise owners to operate as a team. And finally, a franchisee has an additional advantages in controlling cost of goods as the combined spend of the system is used to negotiate discounted prices for goods and services on behalf of the franchisee. Craters & Freighters is the right choice as our ownership benefits provide: *Franchise Support *eBusiness Management Software *In House Engineering Services *Insurance Programs *Brand Identity *Marketing, Advertising & Promotion *eMarketing *Dynamic Center Opening Marketing Program *Opening Assistance *Sales Support *Craters & Freighters Global Logistics *Meetings, Seminars, Regionals & Conventions *Large Trade Areas *Economies of Scale *Networking Advantage These are just a few of the advantages to becoming a Craters & Freighters Franchise owner!

About Velocity Express

TransForce has purchased Stafford, Texas-based Velocity Express and its subsidiaries, which include 80 locations across the US and Western Canada, employing about 2,600 staff and independent contractors. Velocity provides same-day regional delivery services.