Velocity Express vs Nexterus Franchise Comparison

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

Start-Up Costs and Fees

 
Velocity Express Franchise
Nexterus Franchise
Investment N/A $77,800 - $154,300
Franchise Fee N/A $35,000 - $90,000
Royalty Fee - 15%
Advertising Fee - -
Year Founded - -
Year Franchised - -
Term Of Agreement - 5 years ++5+5
Term Of Agreement - 5 years ++5+5
Renewal Fee - -


Business Experience Requirements

 
Velocity Express Franchise
Nexterus Franchise
Experience - -

Financing Options

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

Training & Support

 
Velocity Express Franchise
Nexterus Franchise
Training - Comprehensive corporate-based and in-territory training Ongoing training and support
Support - Assistance with local marketing, lead generation and sales efforts Access to approved suppliers and exclusive supply chain modeling and management technologies Centralized back-office technical and call center support A detailed, confidential operations manual
Marketing - -
Operations - -

Expansion Plans

 
Velocity Express Franchise
Nexterus Franchise
US Expansion - -
Canada Expansion - -
International Expansion - -

Start-Up Costs and Fees Mobile

Investment
Velocity Express Franchise
N/A
Nexterus Franchise
$77,800 - $154,300
Franchise Fee
Velocity Express Franchise
N/A
Nexterus Franchise
$35,000 - $90,000
Royalty Fee
Velocity Express Franchise
-
Nexterus Franchise
15%
Advertising Fee
Velocity Express Franchise
-
Nexterus Franchise
-
Year Founded
Velocity Express Franchise
-
Nexterus Franchise
-
Year Franchised
Velocity Express Franchise
-
Nexterus Franchise
-
Term Of Agreement
Velocity Express Franchise
-
Nexterus Franchise
5 years ++5+5
Renewal Fee
Velocity Express Franchise
-
Nexterus Franchise
-


Business Experience Requirements

Experience
Velocity Express Franchise
-
Nexterus Franchise
-

Financing Options

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

Training & Support

Training
Velocity Express Franchise
-
Nexterus Franchise
Comprehensive corporate-based and in-territory training Ongoing training and support
Support
Velocity Express Franchise
-
Nexterus Franchise
Assistance with local marketing, lead generation and sales efforts Access to approved suppliers and exclusive supply chain modeling and management technologies Centralized back-office technical and call center support A detailed, confidential operations manual
Marketing
Velocity Express Franchise
-
Nexterus Franchise
-
Operations
Velocity Express Franchise
-
Nexterus Franchise
-

Expansion Plans

US Expansion
Velocity Express Franchise
-
Nexterus Franchise
-
Canada Expansion
Velocity Express Franchise
-
Nexterus Franchise
-
International Expansion
Velocity Express Franchise
-
Nexterus 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 Nexterus

Since our humble beginnings in Baltimore in 1946, Nexterus has been focused on helping small and medium companies compete through the power of supply chain. We research best-in-class supply chain strategies being employed by the largest companies in the world. Then, we bring them to you in scalable, affordable applications. Nexterus' unique approach of modeling, optimizing and managing gives you the freedom to build your business without being distracted by a multitude of complex supply chain challenges.
We are primarily seeking franchisees that are current supply chain industry professionals or military veterans with logistics experience who can apply their knowledge to operate a compelling, home-based supply chain consulting and management business. We look for individuals who are high-energy, have solid sales and rapport-building skills and who can demonstrate they are committed to providing great, consultative customer service. All franchise owners must be, or become, domestic property brokers.

With Nexterus, you can provide supply chain management services and solutions for a wide base of small and medium sized companies in your local area.