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Updated Recentlyvelofix Group of Companies vs Seal King Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of velofix Group of Companies vs Seal King 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 | $58,050 - $107,900 |
| Franchise Fee | $25,000 | $20,000 |
| Royalty Fee | 8% | 7% |
| Advertising Fee | 2% | - |
| Year Founded | 2012 | 1997 |
| Year Franchised | 2013 | 1997 |
| 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 | - | - |
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 Seal King
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Established in 1991 Seal King has serviced over 500,000 customers. We developed "Hot Mix Sealer" changing the industry forever
The initial fee will cover our professional training program, which
provides you with all the necessary tools, and knowledge needed to run a
successful pavement maintenance business. You will be provided with the
Seal King operations manual which will give you extensive details on
business operations, promotional tools, sales literature, and ways to
attract new customers as well as keep the current ones. As a franchisee
you will be recognized as a member of the Seal King team and be allowed
to use all registered marks associated with Seal King. You will also be
listed on our professional web page.