IRIS Environmental Laboratories vs Velox Valuations
Franchise Comparison 2026
Both IRIS Environmental Laboratories and Velox Valuations are real estate franchises. IRIS Environmental Laboratories requires an investment of $31K – $63K while Velox Valuations requires $36K – $60K. IRIS Environmental Laboratories discloses average revenue of $67K; Velox Valuations does not report Item 19 data. Note: Company-owned outlets only - not franchisee performance; Based on only 2 outlets. FranchiseVerdict rates IRIS Environmental Laboratories B (Above average) and Velox Valuations B (Above average).
| Metric | IRIS Environmental Laboratories | Velox Valuations |
|---|---|---|
| Verdict Grade | BAbove averageAbove average | BAbove averageAbove average |
| Investment Range | $31K – $63K | $36K – $60K |
| Franchise Fee | $15K | $20K |
| Royalty Rate | 5.0% | 10.0% |
| Average Revenue (Item 19) | $67KCompany-owned only · n=2 | N/ACompany-owned only |
| SBA Charge-Off Rate | N/A | N/A |
| Total Units | 10 | 42 |
| Unit Growth (YoY) | N/A | N/A |
| Year Began Franchising | 2019 | 2024 |
| FDD Year | 2023 | 2026 |
IRIS Environmental Laboratories
BAbove averageAbove average
Velox Valuations
BAbove averageAbove average
Investment Range
$31K – $63K
$36K – $60K
Franchise Fee
$15K
$20K
Royalty Rate
5.0%
10.0%
Average Revenue (Item 19)
$67KCompany-owned only · n=2
N/ACompany-owned only
SBA Charge-Off Rate
N/A
N/A
Total Units
10
42
Unit Growth (YoY)
N/A
N/A
Year Began Franchising
2019
2024
FDD Year
2023
2026