Velofix Franchise Review
Velofix is graded based on our most recent research.
Franchise FactsVelofix provides on-site repair and servicing of all types of bicycles as well as other ancillary services and products.
How much does a Velofix franchise cost?Velofix has a franchise fee of up to $25,000, with a total initial investment range of $163,200 to $198,950.
- Initial Franchise Fee: $25,000
- Total Investment: $163,200 to $198,950
- Working Capital: $15,000 to $20,000
- Royalty Fee: 8.0%
The initial cost of a franchise includes several fees -- Unlock this franchise to better understand the costs such as training and territory fees.
How much does a Velofix franchise make?Franchise revenue and profits depend on a number of unique variables, including local demand for your product, labor costs, commercial lease rates and several other factors. We can help you figure out how much money you can make by reviewing your specific situation. Please unlock this franchise for more information.
How many franchise locations do they have?As of the 2015 Franchise Disclosure Document, there are 87 franchised Velofix locations in the USA.
Are there any Velofix franchise opportunities near me?Based on 2015 FDD data, Velofix has franchise locations in 25 states plus DC. The largest region is the West with 35 franchise locations.
This franchise is expanding into new markets and might be available near you. One of our franchise experts will have detailed knowledge about this brand. Unlock to learn more and connect with our experts.
Last Reviewed: 2015
Velofix Franchise Stats
$163,200 - $198,950
Franchisee Outlet Growth
# of Franchised Outlets
Do they provide any initial training and opening assistance?Yes, they have an initial training program of 0 hours. This includes . In their FDD they outline who’s in charge of the training. Unlock to find out more.