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Updated RecentlyApplied Energy Partners vs velofix Group of Companies Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Applied Energy Partners 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 | N/A | $169,200 - $202,700 |
| Franchise Fee | N/A | $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 |
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| Experience | - | - |
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 Applied Energy Partners
Applied Energy Partners provides comprehensive energy management services to government, commercial and industrial customers in 18 deregulated states (electricity) and 48 states for gas and green power. Our services include reducing energy consumption, buying energy with maximum competition, and ‘going green' with minimal cost/risk. Our Partners build long-term revenues by leveraging previous business relationships and adding new ones.