Start-Up Costs and Fees |
||
| Craters & Freighters | Velocity Express | |
| Investment | 176850 - 276500 | 0 - 0 |
| Franchise Fee | 0 | 0 |
| Royalty Fee | 5% | |
| Advertising Fee | 1% | |
| Year Founded | 1990 | 0 |
| Year Franchised | 1991 | 0 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Craters & Freighters | Velocity Express | |
| Experience | It is not necessary to have a background in packaging, crate building, or transportation to operate our franchise. Our franchise owners come from widely varied backgrounds from Doctors to CPA's to Engineers. Our staff has the experience and credentials to guide you through an extensive training process in all aspects of running the operation including packaging, crating, and shipping procedures to administration, accounting, marketing, & sales. | |
Financing Options |
||
| Craters & Freighters | Velocity Express | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Craters & Freighters | Velocity Express | |
| Training | 10-day training program in Golden, CO Training includes classroom and hands-on experience in an operating franchise in Colorado. Owners are trained on, and provided with, the company's proprietary eBusiness Management System Software, Center Opening Handbook, Operations Manual, Policy and Procedures Manual, Freight Carriers Guide, Packaging & Crating Manual and Marketing Manual. Also includes business preparation, proprietary software, pick-up and delivery, transportation, bills of lading, shipping invoices, accounting, marketing, advertising, promotion, start-up operations, pricing and quoting, packaging and crating, insurance, tracers and claims, warehousing, personnel and international shipping. | |
| Support | Newsletter, Meetings, Toll-free phone line, Internet, Security/safety procedures, Field operations/evaluations | |
| Marketing | Ad slicks, National media | |
| Operations | 21% of all franchisees own more than one unit Number of employees needed to run franchised unit: 3 - 4 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Craters & Freighters | Velocity Express | |
| US Expansion | Alaska, Alabama, Arizona, California, Delaware, Hawaii, Iowa, Idaho, Illinois, Indiana, Massachusetts, Michigan, New Jersey, New Mexico, New York, Ohio, Pennsylvania, South Carolina, Tennessee, Texas, Wisconsin, | |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Craters & Freighters | |
| Velocity Express | |
| Franchise Fee | |
| Craters & Freighters | |
| Velocity Express | |
| Royalty Fee | |
| Craters & Freighters | 5% |
| Velocity Express | |
| Advertising Fee | |
| Craters & Freighters | 1% |
| Velocity Express | |
| Year Founded | |
| Craters & Freighters | 1990 |
| Velocity Express | 0 |
| Year Franchised | |
| Craters & Freighters | 1991 |
| Velocity Express | 0 |
| Term Of Agreement | |
| Craters & Freighters | 15 years |
| Velocity Express | |
| Renewal Fee | |
| Craters & Freighters | |
| Velocity Express | |
Business Experience Requirements |
|
| Experience | |
| Craters & Freighters | It is not necessary to have a background in packaging, crate building, or transportation to operate our franchise. Our franchise owners come from widely varied backgrounds from Doctors to CPA's to Engineers. Our staff has the experience and credentials to guide you through an extensive training process in all aspects of running the operation including packaging, crating, and shipping procedures to administration, accounting, marketing, & sales. |
| Velocity Express | |
Financing Options |
|
| Franchise Fees | |
| Craters & Freighters | No |
| Velocity Express | No |
| Start-up Costs | |
| Craters & Freighters | |
| Velocity Express | |
| Equipment | |
| Craters & Freighters} | |
| Velocity Express | |
| Inventory | |
| Craters & Freighters | |
| Velocity Express | |
| Receivables | |
| Craters & Freighters | |
| Velocity Express | |
| Payroll | |
| Craters & Freighters | |
| Velocity Express | |
Training & Support |
|
| Training | |
| Craters & Freighters | 10-day training program in Golden, CO Training includes classroom and hands-on experience in an operating franchise in Colorado. Owners are trained on, and provided with, the company's proprietary eBusiness Management System Software, Center Opening Handbook, Operations Manual, Policy and Procedures Manual, Freight Carriers Guide, Packaging & Crating Manual and Marketing Manual. Also includes business preparation, proprietary software, pick-up and delivery, transportation, bills of lading, shipping invoices, accounting, marketing, advertising, promotion, start-up operations, pricing and quoting, packaging and crating, insurance, tracers and claims, warehousing, personnel and international shipping. |
| Velocity Express | |
| Support | |
| Craters & Freighters | Newsletter, Meetings, Toll-free phone line, Internet, Security/safety procedures, Field operations/evaluations |
| Velocity Express | |
| Marketing | |
| Craters & Freighters | Ad slicks, National media |
| Velocity Express | |
| Operations | |
| Craters & Freighters | 21% of all franchisees own more than one unit Number of employees needed to run franchised unit: 3 - 4 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
| Velocity Express | |
Expansion Plans |
|
| US Expansion | |
| Craters & Freighters | Alaska, Alabama, Arizona, California, Delaware, Hawaii, Iowa, Idaho, Illinois, Indiana, Massachusetts, Michigan, New Jersey, New Mexico, New York, Ohio, Pennsylvania, South Carolina, Tennessee, Texas, Wisconsin, |
| Velocity Express | |
| Canada Expansion | |
| Craters & Freighters | |
| Velocity Express | |
| International Expansion | |
| Craters & Freighters | |
| Velocity Express | |