Total investment:
$ 169,200
Franchise fee:
$ 25,000
Royality fee:
8.50%
Monthly marketing payment :
$ 0
Number of franchises
Return
Time period
Revenue:
$ 12 000*
* Calculator calculations are provisional, not guaranteed
MAIN INFORMATION
Foundatoin year: 2012
Year of franchising: 2013
Company units:
Franchise units: 130
Total number of units:
Number of employees per unit:
Contract period: 60 month
FRANCHISE ONLINE
WEBSITEVelofix Holdings Ltd. sells and repairs bikes and bike parts through its mobile stores. The company also offers franchise opportunities. It operates a website which enables users to request for repair and services of bikes.
Velofix also provides ski and snowboard services. Additionally the company offers bike rentals and biking event organizing services. The company was founded in 2012 and is based in Vancouver, Canada.
On-The-Job Training: 17 hours
Classroom Training: 24 hours
Ad Royalty Fee 2%