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Updated RecentlyJunkAway vs velofix Group of Companies Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of JunkAway vs velofix Group of Companies including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $76,000 - $163,100 | $169,200 - $202,700 |
| Franchise Fee | $30,000 | $25,000 |
| Royalty Fee | 6% | 8% |
| Advertising Fee | 4% | 2% |
| Year Founded | 2010 | 2012 |
| Year Franchised | 2011 | 2013 |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | We are looking for Franchisees who: *Are self-motivated *Are customer-service oriented *Have a strong business and management background *Have a construction or mechanical background *Have a minumum of $50,000 in liquid capital *Have a population base of at least 300,000 | - |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | -/- | -/Yes |
| Start-up Costs | -/- | -/Yes |
| Equipment | -/- | -/Yes |
| Inventory | -/- | -/Yes |
| Receivables | -/- | -/- |
| Payroll | -/- | -/- |
Training & Support |
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| 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 |
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| US Expansion | - | Yes |
| Canada Expansion | - | Yes |
| International Expansion | - | - |
Company Overviews
About JunkAway
At JunkAway, we provide you the processes you need to be successful, the tools to get started, and the programs to make the business function well. You will come to our office for your initial training and then we will be on-site to help keep things moving forward. Unlike people who open their own businesses independently, you have our team as a support system to answer questions, help solve problems and mentor you as a new business owner. We have partnerships with everyone from marketers to graphic designers to shirt providers to truck manufacturers so you don't have to negotiate with individual vendors. Most of all you will join a community of people committed to helping people declutter their lives while contributing to others. There is great satisfaction in knowing the majority of the items you collect will not be wasted. Ready to be part of the family? Request information today! be wasted. Ready to be part of the family? Contact us today at [email protected]