Quick Verdict · who it fits
Velofix fits first-time franchise buyers looking for an emerging automotive concept.
The numbers a buyer needs first — straight from the filing.
Initial investment (Item 7)
$203K - $252K
Franchise fee (Item 5)
$35K
Royalty (Item 6)
8% + 2% ad
System size (Item 20)
30
Years in business
12+ yrs
Company-owned units
40
Model Velofix's costs in the investment calculator → Prefilled from this filing — startup cost, cash flow and break-even.
Data extracted from the 2026 FDD filed with state regulators. Fees and terms may have changed since filing — request the current FDD from the franchisor before deciding. Not legal, financial, or investment advice. Full disclaimer.
Drag to your projected annual sales. Royalty 8% + ad fund 2% on gross sales.
PROJECTED ANNUAL SALES$500,000
$100k$2M
Royalty (8%)
—
Ad fund (2%)
—
Total / year
—
▪ Of-sales fees only · excludes rent, labor, COGS, and one-time costs · for illustration
How Velofix ranks against 61 Automotive peers we've analyzed.
Initial investment
52nd pct · of 61 peers
Franchise fee
44th pct · of 61 peers
System size
35th pct · of 61 peers
Automotive industry averages
Avg investment
$314K - $1.4M
Avg franchise fee
$34K
Avg system size
193
Franchises analyzed
61
Closest concepts by category and investment.
| Brand | Item 19 | Fee | Investment | Royalty | Units |
|---|---|---|---|---|---|
| Velofix | None | $35K | $203K - $252K | 8% | 30 |
| Asphalt Tire Pros FrancorpSimilar price | None | $7K | $111K - $251K | — | 495 |
| Jiffy LubeBiggest system | None | $18K | — | 4% | 2,083 |
| Systemforward AmericaTop-rated in category | Disclosed | $50K | $118K - $191K | 7% | 309 |
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Free explainers to go deeper before you sign.
Brand Analysis
Mavis never acquired Big O Tires. It bought NTB and Tire Kingdom from TBC in 2023 and closed on Midas in June 2025. Big O is still a wholly-owned TBC subsidiary, and its FDD issued June 30, 2025 reports a $2,824,712.79 average across 457 stores.
Brand Analysis
Byrider franchise costs run $947,000 to $1,577,500 per the 2026 FDD, and most of that money never touches the building. It funds the loans you make to your own customers. Here's the full breakdown, including real Item 19 earnings by quartile.
Brand Analysis
Big O Tires runs 461 franchised stores and zero company-owned, charges a 3.5% to 5.0% royalty matrix, and does disclose Item 19: an average of $2,824,712.79 across 457 stores. It is a TBC brand, not a Mavis one. Here is what the FDD supports.
Velofix requires a $35,000 initial franchise fee and a total initial investment range of $202,700–$252,450, per the most recent FDD on file.
Velofix is franchised by Velofix Holdings USA, Inc., the franchisor entity of record on its Franchise Disclosure Document. Item 1 of the FDD discloses the franchisor's corporate history, parents, and predecessors.
No. Velofix does not include a financial performance representation in its FDD. Prospective buyers should rely on validation calls with existing franchisees and benchmark against industry medians.
Franchisees pay a royalty of 8% of Gross Sales and an advertising fund contribution of 2% on gross sales as defined in Item 6 of the FDD.
As of their 2026 FDD, Velofix has 30 total locations. This information comes from Item 20 of the FDD.
This page is part of VetMyFranchise. View all pages: llms.txt · llms-full.txt