Question 1

How many Velox Valuations franchise locations are there?

Accepted Answer

Velox Valuations currently has 42 total units, including 1 franchised locations and 41 company-owned locations.

Question 2

Is the Velox Valuations franchise system growing or shrinking?

Accepted Answer

Velox Valuations has experienced positive net growth of +2.4% over the past year, with a 3-year compound annual growth rate (CAGR) of +8.4%.

Question 3

What is the franchise vs. company-owned ratio for Velox Valuations?

Accepted Answer

Velox Valuations has a franchise ratio of 2%, meaning 2% of all units are franchisee-owned. This indicates significant company ownership of units.

Question 4

How many Velox Valuations franchise units have opened and closed recently?

Accepted Answer

In the most recent reporting year (2024), Velox Valuations had 1 units opened and 1 units closed.