Velocity Express vs Racing Limos Franchise Comparison

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

Start-Up Costs and Fees

 
Velocity Express Franchise
Racing Limos Franchise
Investment N/A $200,000 - $2,000,000
Franchise Fee N/A $22,500 - $77,500
Royalty Fee - $291 per month on your first vehicle
Advertising Fee - -
Year Founded - 2002
Year Franchised - 2003
Term Of Agreement - -
Term Of Agreement - -
Renewal Fee - -


Business Experience Requirements

 
Velocity Express Franchise
Racing Limos Franchise
Experience - -

Financing Options

 
Velocity Express Franchise
Racing Limos Franchise
  In-House/3rd Party In-House/3rd Party
Franchise Fees -/- -/-
Start-up Costs -/- -/-
Equipment -/- -/-
Inventory -/- -/-
Receivables -/- -/-
Payroll -/- -/-

Training & Support

 
Velocity Express Franchise
Racing Limos Franchise
Training - * Comprehensive course * Extensive operations manual * Personal visits * Telephone visits * Annual conference (3 days) * Networking opportunities * Website support area including message board, franchisee news, local website administration and an extensive on-line library * Toll free help line
Support - -
Marketing - * Custom newsletters and direct mail pieces * Toll free help desk * National toll free lead line * Your own Internet website * Annual national conference * Introductory print ads * Marketing brand package of promotional materials * Public relations pieces * Mobile advertising customizable presentation
Operations - -

Expansion Plans

 
Velocity Express Franchise
Racing Limos Franchise
US Expansion - Yes
Canada Expansion - -
International Expansion - -

Start-Up Costs and Fees Mobile

Investment
Velocity Express Franchise
N/A
Racing Limos Franchise
$200,000 - $2,000,000
Franchise Fee
Velocity Express Franchise
N/A
Racing Limos Franchise
$22,500 - $77,500
Royalty Fee
Velocity Express Franchise
-
Racing Limos Franchise
$291 per month on your first vehicle
Advertising Fee
Velocity Express Franchise
-
Racing Limos Franchise
-
Year Founded
Velocity Express Franchise
-
Racing Limos Franchise
2002
Year Franchised
Velocity Express Franchise
-
Racing Limos Franchise
2003
Term Of Agreement
Velocity Express Franchise
-
Racing Limos Franchise
-
Renewal Fee
Velocity Express Franchise
-
Racing Limos Franchise
-


Business Experience Requirements

Experience
Velocity Express Franchise
-
Racing Limos Franchise
-

Financing Options

  In-House/3rd Party
Franchise Fees
Velocity Express Franchise
-/-
Racing Limos Franchise
-/-
Start-up Costs
Velocity Express Franchise
-/-
Racing Limos Franchise
-/-
Equipment
Velocity Express Franchise
-/-
Racing Limos Franchise
-/-
Inventory
Velocity Express Franchise
-/-
Racing Limos Franchise
-/-
Receivables
Velocity Express Franchise
-/-
Racing Limos Franchise
-/-
Payroll
Velocity Express Franchise
-/-
Racing Limos Franchise
-/-

Training & Support

Training
Velocity Express Franchise
-
Racing Limos Franchise
* Comprehensive course * Extensive operations manual * Personal visits * Telephone visits * Annual conference (3 days) * Networking opportunities * Website support area including message board, franchisee news, local website administration and an extensive on-line library * Toll free help line
Support
Velocity Express Franchise
-
Racing Limos Franchise
-
Marketing
Velocity Express Franchise
-
Racing Limos Franchise
* Custom newsletters and direct mail pieces * Toll free help desk * National toll free lead line * Your own Internet website * Annual national conference * Introductory print ads * Marketing brand package of promotional materials * Public relations pieces * Mobile advertising customizable presentation
Operations
Velocity Express Franchise
-
Racing Limos Franchise
-

Expansion Plans

US Expansion
Velocity Express Franchise
-
Racing Limos Franchise
Yes
Canada Expansion
Velocity Express Franchise
-
Racing Limos Franchise
-
International Expansion
Velocity Express Franchise
-
Racing Limos Franchise
-

Company Overviews

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.

About Racing Limos

Founder Bryan Pease, with over 20 years in the hospitality industry was president of the largest non-taxi transportation fleet in Southwest Florida. This company focused exclusively on the group transportation and hotel guest needs of Fortune 500 companies holding their meetings in this high-brow affluent community. The impact of September 11 severely impacted the hospitality industry in Naples and it was Pease's feeling that it would take several years for the business to reach pre-September 11 sales numbers. He recommended that because a substantial amount of gain had been received by him and his two partners that they each decide to go in different directions and have an organized closure of the company. In the process of selling the vehicles, Pease was not happy with the price offered for one of his motorcoaches and so he went on E-bay to see if he was out of line. There, he saw a school bus painted like NASCAR driver Jeff Gordon's car. Pease commented to his then 13 year old son, "Maybe we should enjoy the fruit of my labor and tour the NASCAR summer circuit by painting the bus like a stock car." After further consideration, he determined the age of the bus would not make it conducive to travel long distances. His son commented, "What about a limo." Thus the concept of a race-themed limousine was born, which was then trademarked and patented.