How much does a Velofix franchise cost?
Opening a Velofix franchise takes a total initial investment of $202,700 to $252,450, according to the brand's 2025 Franchise Disclosure Document. That FDD makes no Item 19 financial performance representation, so it discloses no earnings figures at all.
Velofix franchises mobile workshop businesses that provide on-site repair and servicing of bicycles and other ancillary services. Category: Automotive.
Item 7
What it costs to open a Velofix franchise
The franchisor's own estimated initial investment, as disclosed in its 2025 FDD. The total is $202,700 to $252,450. Each line below carries the FDD page it was read from.
Where the money goes
The largest costs are Mobile Bike Shop ($60,500 to $75,500), Designated Equipment Package and Customization of Mobile Bike Shop ($54,500 to $67,000), and Additional Funds – For Initial 3-Month Period ($15,000 to $20,000). Together they make up about 64% of the high-end estimate.
The initial franchise fee is $35,000, about 17% of the low-end total.
Our arithmetic from the Item 7 table below.
| Expenditure | Low | High | Source |
|---|---|---|---|
| Initial Franchise Fee2025 FDD, Item 7, p. 8 | $35,000 | $35,000 | 2025 FDD, Item 7, p. 8 |
| Furniture, Fixtures & Equipment2025 FDD, Item 7, p. 8 | $0 | $2,500 | 2025 FDD, Item 7, p. 8 |
| Initial Training Expenses2025 FDD, Item 7, p. 8 | $3,700 | $7,200 | 2025 FDD, Item 7, p. 8 |
| Mobile Bike Shop2025 FDD, Item 7, p. 8 | $60,500 | $75,500 | 2025 FDD, Item 7, p. 8 |
| Designated Equipment Package and Customization of Mobile Bike Shop2025 FDD, Item 7, p. 8 | $54,500 | $67,000 | 2025 FDD, Item 7, p. 8 |
| Computer Hardware, Software & Peripherals2025 FDD, Item 7, p. 8 | $6,000 | $7,250 | 2025 FDD, Item 7, p. 8 |
| Office Supplies, Printing and Stationary2025 FDD, Item 7, p. 8 | $500 | $1,000 | 2025 FDD, Item 7, p. 8 |
| Initial Inventory and Supplies2025 FDD, Item 7, p. 8 | $12,500 | $12,500 | 2025 FDD, Item 7, p. 8 |
| Professional Services2025 FDD, Item 7, p. 8 | $3,000 | $5,000 | 2025 FDD, Item 7, p. 8 |
| Promotional Expenses2025 FDD, Item 7, p. 8 | $8,000 | $13,000 | 2025 FDD, Item 7, p. 8 |
| Insurance2025 FDD, Item 7, p. 8 | $3,500 | $5,500 | 2025 FDD, Item 7, p. 8 |
| Uniforms2025 FDD, Item 7, p. 8 | $500 | $1,000 | 2025 FDD, Item 7, p. 8 |
| Additional Funds – For Initial 3-Month Period2025 FDD, Item 7, p. 8 | $15,000 | $20,000 | 2025 FDD, Item 7, p. 8 |
| Total estimated initial investment2025 FDD, Item 7, p. 8 | $202,700 | $252,450 | 2025 FDD, Item 7, p. 8 |
Source Velofix, 2025 FDD, Item 7, p. 8, via Public FDD bucket (storage.googleapis.com/franchiseindx_fdds) (source record). Figures read and verified 2026-09-16.
Item 19
What Velofix franchisees actually report earning
This brand's FDD publishes no Item 19.
We do not make any representations about a franchisee’s future financial performance or the past financial performance of company-owned or franchised outlets. We also do not authorize our employees or representatives to make any such representations either orally or in writing. If you are purchasing an existing outlet, however, we may provide you with the actual records of that outlet.
Source Velofix, 2025 FDD, Item 19, p. 30, via Public FDD bucket (storage.googleapis.com/franchiseindx_fdds) (source record). Figures read and verified 2026-09-16.
Item 20
How many Velofix outlets there are, and how many closed
Velofix ended 2024 with 34 franchised outlets and 40 company-owned outlets. In that year 2 franchised outlets opened and 4 left the system.
Three years at a glance
From 2022 through 2024, Velofix opened 2 franchised outlets and 39 outlets left the system. That is a net loss of 39, from 73 to 34 franchised outlets. Of the outlets that left, 10 were terminated, 12 were not renewed, 16 were bought back by the franchisor, and 1 closed for other reasons. Those openings and departures do not add up to that change, because the FDD's own Item 20 row for 2022 does not add up either. We publish the franchisor's figures exactly as printed; see the note under the table below.
On average, about 24% of franchised outlets left the system each year, roughly 1 in 4.
Our arithmetic from the FDD's Item 20 table below. "Left the system" counts every outlet the franchisor reports as terminated, not renewed, bought back, or closed for other reasons.
| Year | Start | Opened | Terminated | Non-renewed | Reacquired | Ceased, other | End | Source |
|---|---|---|---|---|---|---|---|---|
| 2024 | 36 | 2 | 1 | 3 | 0 | 0 | 34 | 2025 FDD, Item 20, p. 35 |
| 2023 | 51 | 0 | 4 | 8 | 3 | 0 | 36 | 2025 FDD, Item 20, p. 35 |
| 2022 | 73 | 0 | 5 | 1 | 13 | 1 | 511 | 2025 FDD, Item 20, p. 35 |
Source Velofix, 2025 FDD, Item 20, p. 35, via Public FDD bucket (storage.googleapis.com/franchiseindx_fdds) (source record). Figures read and verified 2026-09-16.
Compare
How Velofix compares with other Automotive franchises
Measured against the 35 Automotive franchises on this site, using each brand's own FDD.
- Cost to open. The middle of Velofix's estimated range is $227,575. It costs less to open than 82% of Automotive franchises here.
- Outlets leaving each year. 24% for Velofix. That is higher than 93% of the 28 Automotive franchises with at least 10 outlets.
- Three-year growth. Velofix's franchised system shrank 53%. The typical Automotive franchise here grew 0.0%.
- Earnings disclosure. 16 of the 35 Automotive franchises here publish earnings figures in Item 19. Velofix is not one of them.
Our arithmetic from each brand's Item 7 and Item 20. Growth and departure comparisons leave out brands with fewer than 10 outlets, where one opening or closure distorts the figures. See every Automotive franchise side by side.
Alert me when Velofix files a new FDD
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