| ||||
Updated RecentlyApex Fun Run vs velofix Group of Companies Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Apex Fun Run vs velofix Group of Companies including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $81,500 - $104,200 | $169,200 - $202,700 |
| Franchise Fee | $49,500 | $25,000 |
| Royalty Fee | 8% | 8% |
| Advertising Fee | - | 2% |
| Year Founded | 2011 | 2012 |
| Year Franchised | 2012 | 2013 |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| Renewal Fee | - | - |
Business Experience Requirements |
||
| Experience | - | - |
Financing Options |
||
| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | -/Yes | -/Yes |
| Start-up Costs | -/Yes | -/Yes |
| Equipment | -/Yes | -/Yes |
| Inventory | Yes/- | -/Yes |
| Receivables | -/Yes | -/- |
| Payroll | -/Yes | -/- |
Training & Support |
||
| Training | On-The-Job Training: 24 hours Classroom Training: 40 hours | On-The-Job Training: 17 hours Classroom Training: 24 hours |
| Support | Newsletter Meetings/Conventions Toll-Free Line Online Support Security/Safety Procedures Field Operations Franchisee Intranet Platform | 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 | Social media Email marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | Number of Employees Required to Run: 3 | - |
Expansion Plans |
||
| US Expansion | Yes | Yes |
| Canada Expansion | - | Yes |
| International Expansion | - | - |
Company Overviews
About Apex Fun Run
This unique franchise is experiencing at a nearly rocket-propelled growth since their inception in 2011 - with over 92 franchisees in over 16 states this company is reshaping the school fundraiser model. Gone are the days of hawking cookie dough and wrapping paper - Apex Fun Run earns on average $23,000 per school per
Fun Run event held.
The concept is simple, Apex Fun Run collaborates with school PTO/As and faculty, and produces a meaningful and "hassle-free" school fun run that is financially successful and builds leadership and fitness values in the students who participate.