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. In terms of revenue, Velox Valuations reports higher average unit revenue at $139K. Note: Company-owned outlets only - not franchisee performance. FranchiseVerdict rates IRIS Environmental Laboratories B (Above average) and Velox Valuations B (Above average).
| Metric | IRIS Environmental Laboratories | Velox Valuations |
|---|---|---|
| Verdict Grade | BAbove average | BAbove average |
| Investment Range | $31K – $63K | $36K – $60K |
| Franchise Fee | $15K | $20K |
| Royalty Rate | 5.0% | 10.0% |
| Average Revenue (Item 19) | $67KPer franchisee, not per outlet · Company-owned only · n=2 | $139KCompany-owned only |
| SBA Charge-Off Rate | N/A | N/A |
| Total Units | 10 | 52 |
| Unit Growth (YoY) | +0 units | +10 units |
| Year Began Franchising | 2019 | 2024 |
| FDD Year | 2023 | 2026 |
Investment Range
$31K – $63K
$36K – $60K
Franchise Fee
$15K
$20K
Royalty Rate
5.0%
10.0%
Average Revenue (Item 19)
$67KPer franchisee, not per outlet · Company-owned only · n=2
$139KCompany-owned only
SBA Charge-Off Rate
N/A
N/A
Total Units
10
52
Unit Growth (YoY)
+0 units
+10 units
Year Began Franchising
2019
2024
FDD Year
2023
2026