Bottom line
- Total investment $170K – $203K including a $25K franchise fee, 8.0% ongoing royalty.
- No Item 19 financial performance data disclosed — the franchisor chose not to publish revenue figures.
- Rated MODERATE with a risk score of 66/100. SBA loan default rate of 0.0% across 12 loans (below the industry average).
- System contracting at -26.8% CAGR over 3 years. Investigate whether closures are franchisor-driven (consolidation) or franchisee-driven (economics).
Item 1 · who you're contracting with
The Franchisor
Yale framework · single-unit ROIC
Returns Analysis
Pulls Item 7 (investment) and Item 19 (revenue) from this brand's FDD into the Yale unlevered-ROIC formula. Override any input to stress-test it against your own assumptions.
The model · Yale framework
What would one Velofix unit return on the cash you put in?
Unlevered ROIC · per unit
48%
In Yale's "attractive" band (30–60%)
Overview
About
Velofix franchisees operate mobile bicycle repair and maintenance services, typically working from a van or mobile unit that travels to customer locations. Day-to-day work involves diagnosing and repairing bikes, managing customer appointments, scheduling routes, and handling inventory of parts and tools.
Item 7 · what it costs
The Vitals
Item 19
Financial Performance
This franchisor did not disclose financial performance representations in Item 19, or our extractor could not parse them.
Item 20 · unit dynamics
The Growth Chart
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 16 states with active franchisees
The Territory Map
Derived from franchisee contact records. Shows states with at least one current operator — not where the franchisor is registered to sell new units (that data is re-extracting in a future refresh).
States derived from franchisee phone area codes (Item 20). Approximate — ported numbers may show the original state, not the franchisee's current location.
Government records
SBA Loan Data
Aggregated from SBA 7(a) loan disclosures, public data unique to FranchiseVerdict.
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
Velofix presents HIGH RISK due to significant unit contraction, financial non-disclosure, and going concern flag—franchisees lack visibility into realistic earnings potential.
Score breakdown · what drove the 66 / 100 rating
- 01MEDUnit count declined 22% YoY (99 units) — indicates system contraction and franchisee exits
- 02MEDNo average revenue or net income disclosed — impossible to assess ROI or profitability expectations
- 03HIGHGoing concern status is FALSE — suggests franchisor financial instability or material uncertainty
- 04MINORHigh initial investment ($170K–$203K) combined with no financial performance data creates blind investment
- 05MED8% royalty on undisclosed sales means franchisees cannot calculate break-even or cash flow scenarios
Severity inferred from the FDD text · not a regulatory classification
FDD Items 5, 6, 12, 17 · continued from Risk & Legal
Contract & Territory Detail
Item 11
Training & Operations
Item 20
Franchisee Contacts
Phone numbers extracted directly from this brand's FDD Item 20. After purchase, you'll also receive a list of validation questions tailored to this brand.
Franchisee contacts
34 numbers
One-time purchase · CSV download · Validation questions included
FDD download
Velofix · FDD (2022) PDF