How Much Does a Velox Valuations Franchise Cost?

2024 Franchise Disclosure Document (FDD) Data

Velox Valuations Franchise Fee

Initial Franchise Fee $20,000
Fee Range $15,000 – $20,000

Velox Valuations Total Investment Breakdown

Here is the itemized breakdown of costs to open a Velox Valuations franchise, as reported in the 2024 FDD Item 7 (Estimated Initial Investment).

Franchise Fee $20,000 – $0
Initial franchise fee Check or wire transfer · Upon signing the franchise agreement $20,000 – $0
Real Estate $0
Rent, Utilities, and Leasehold Improvements Not applicable · Not applicable $0
Equipment & Assets $3,400 – $0
Computer Systems Check, debit, and/or credit $3,000 – $0
Signage Check, debit, and/or credit · Upon ordering $400 – $0
Vehicle Check · Upon purchase $0
Training $2,000 – $0
Travel, lodging and meals for initial training Cash, debit or credit $2,000 – $0
Working Capital & Reserves $5,000 – $0
Additional funds (for first 3 months) Varies · Varies $5,000 – $0
Other Costs $5,400 – $0
Market Introduction Program Check, debit, and/or credit · As incurred or when billed $3,000 – $0
Professional Fees (lawyer, accountant, etc.) Check, debit, and/or credit · As incurred or when billed $1,000 – $0
Office Expenses Check, debit, and/or credit $500 – $0
Licenses and Permits Check · Upon application $500 – $0
Insurance Check · Upon ordering $400 – $0

How Does Velox Valuations Compare to Other Business Services Franchises?

Velox Valuations's minimum investment of $35,800 is below the Business Services industry median. The median minimum investment for Business Services franchises is $86,120.

$35,800
Velox Valuations Min
$86,120
Business Services Median Min
$0
Velox Valuations Max
$147,500
Business Services Median Max

Investment Analysis

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Frequently Asked Questions

How much is the Velox Valuations franchise fee?

The Velox Valuations franchise fee is $20,000, with a range of $15,000 to $20,000 depending on the agreement, as disclosed in the 2024 FDD. This is a one-time upfront fee paid to the franchisor and is separate from the total initial investment.

How much does a Velox Valuations franchise owner make?

Velox Valuations's 2024 FDD does not include Item 19 financial performance data, so franchise owner earnings figures are not publicly available from this source.

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