velofix Group of Companies Franchise Comparison

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

Start-Up Costs and Fees

 
velofix Group of Companies Franchise
Investment $169,200 - $202,700
Franchise Fee $25,000
Royalty Fee 8%
Advertising Fee 2%
Year Founded 2012
Year Franchised 2013
Term Of Agreement -
Term Of Agreement -
Renewal Fee -


Business Experience Requirements

 
velofix Group of Companies Franchise
Experience -

Financing Options

 
velofix Group of Companies Franchise
  In-House/3rd Party
Franchise Fees -/Yes
Start-up Costs -/Yes
Equipment -/Yes
Inventory -/Yes
Receivables -/-
Payroll -/-

Training & Support

 
velofix Group of Companies Franchise
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
Operations -

Expansion Plans

 
velofix Group of Companies Franchise
US Expansion Yes
Canada Expansion Yes
International Expansion -

Company Overviews

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