Hunting Lease Network vs velofix Group of Companies Franchise Comparison

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

Start-Up Costs and Fees

 
Hunting Lease Network Franchise
velofix Group of Companies Franchise
Investment $23,500 - $39,000$169,200 - $202,700
Franchise Fee $15,000$25,000
Royalty Fee 5%8%
Advertising Fee -2%
Year Founded 20022012
Year Franchised 20042013
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee $1K-


Business Experience Requirements

 
Hunting Lease Network Franchise
velofix Group of Companies Franchise
Experience --

Financing Options

 
Hunting Lease Network Franchise
velofix Group of Companies Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees No/No-/Yes
Start-up Costs No/No-/Yes
Equipment No/No-/Yes
Inventory No/No-/Yes
Receivables No/No-/-
Payroll No/No-/-

Training & Support

 
Hunting Lease Network Franchise
velofix Group of Companies Franchise
Training -On-The-Job Training: 17 hours Classroom Training: 24 hours
Support Meetings, Internet, Field operations/evaluations, Purchasing cooperativesPurchasing 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, Regional advertisingCo-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app
Operations Franchise can be run from home.

0% of all franchisees own more than one unit

Number of employees needed to run franchised unit: 1 - 1

Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators)

-

Expansion Plans

 
Hunting Lease Network Franchise
velofix Group of Companies Franchise
US Expansion -Yes
Canada Expansion NoYes
International Expansion No-

Company Overviews

About Hunting Lease Network


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