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Updated Recentlyvelofix Group of Companies vs HempE Distribution Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of velofix Group of Companies vs HempE Distribution including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $169,200 - $202,700 | $148 |
| Franchise Fee | $25,000 | N/A |
| Royalty Fee | 8% | - |
| Advertising Fee | 2% | - |
| Year Founded | 2012 | 2014 |
| Year Franchised | 2013 | 2015 |
| 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 | Yes |
| Canada Expansion | Yes | - |
| International Expansion | - | Yes |
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
About HempE Distribution
!["HempE]("https://cdn.shopify.com/s/files/1/0024/0962/7746/files/HempE_Logo_Final_300x300.png?v=1582779028"){kind=logo}
Are you looking for an opportunity to make a difference in the world?
Do you believe in the power of nature to heal our bodies and the environment?
Would you like to provide natural solutions to people and their pets?
Many clients have expressed that they can not live without our products, they've experienced such significant benefits!
Join us in supporting 18 other small Canadian businesses.
We have created our own little economy to support farmers and creators
in the industrial hemp industry.
For $148, receive up to $152 worth of products. You choose the products
This is a one-time investment. There will never be any renewal fees or other requirements to maintain your Enthusiast account.
You will never be obligated to a monthly auto-ship, or any minimum requirements whatsoever.
There are four ways you can grow your business:
- Online - Share your affiliate link to products, recipes, and blogs/vlogs.
- Setup at farmers markets or trade shows to share the products (for best results, offer samples and have inventory on hand to sell on the spot)
- Organize presentations in your community and share the value of hemp with others!
- Earn commissions from other Enthusiasts with our unique two-tier affiliate program
-Resources
-Tools
-Training
-Support
-An Affiliate Website (which doesn't cost you a dime)