16 frequently asked questions answered with data from the 2025 Franchise Disclosure Document.
The total initial investment to open a Velox Valuations franchise ranges from $36K to $60K (2025 FDD). This includes the franchise fee, equipment, build-out, inventory, and working capital needed before opening.
View full investment analysisThe initial franchise fee for Velox Valuations is $20K (2025 FDD). This one-time fee is paid to the franchisor when signing the franchise agreement and covers the right to use the brand, systems, and initial training.
View full investment analysisData sourced from the Velox Valuations 2025 Franchise Disclosure Document (FDD). Always review the most current FDD and consult with a franchise attorney before making investment decisions.
No, Velox Valuations does not require franchisees to have dedicated real estate (2025 FDD). This can significantly reduce startup costs and ongoing overhead.
View full investment analysisVelox Valuations charges a royalty fee of 10.0% of gross sales (2025 FDD). This ongoing fee is typically paid weekly or monthly to the franchisor for continued use of the brand and support systems.
View full fees analysisThe total ongoing fee rate for a Velox Valuations franchise is approximately 12.0% of gross sales (2025 FDD). This includes the royalty fee, a 2.0% marketing/advertising fund contribution, a $120/month technology fee, and other recurring charges.
View full fees analysisVelox Valuations has been involved in 0 litigation cases over the past 3 years (2025 FDD). There are no class action lawsuits pending.
View full litigation analysisNo, the Velox Valuations franchisor has no bankruptcy filings in their disclosure history (2025 FDD).
View full litigation analysisVelox Valuations offers protected territory rights to its franchisees (2025 FDD). The franchise agreement includes encroachment protection, preventing the franchisor from placing another unit in your territory. Online sales are managed by the franchisor, not individual franchisees.
View full territory analysisVelox Valuations currently operates 42 locations (2025 FDD) (1 franchised, 41 company-owned). The system grew by 2.4% over the past year. The 3-year compound annual growth rate is 8.4%.
View full growth analysisThe 1-year franchisee turnover rate for Velox Valuations is 0.0% (2025 FDD). This includes closures, terminations, non-renewals, and transfers. A lower turnover rate generally indicates higher franchisee satisfaction and system stability.
View full growth analysisAccording to the Velox Valuations FDD Item 19 financial performance representation (2025 FDD), the median gross sales per unit is $127K (average: $138K).
View full financials analysisThe initial franchise agreement term for Velox Valuations is 10 years (2025 FDD). Franchisees can renew 2 times for 5-year periods. The total potential term is 20 years.
View full contract analysisVelox Valuations's post-termination non-compete clause lasts 2 years after termination or expiration (2025 FDD).
View full legal analysisYes, Velox Valuations's franchise agreement requires mandatory arbitration for dispute resolution (2025 FDD).
View full legal analysisVelox Valuations provides 66 hours of initial training (2025 FDD). The cost of training is covered by the franchisor (travel and lodging are typically the franchisee's responsibility). Ongoing field support is provided on a monthly basis.
View full support analysisVelox Valuations does not provide site selection assistance (2025 FDD). Franchisees are responsible for finding and securing their own location. The franchisor also provides technology support and systems.
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