Velofix franchise requests jump 400% on Q4 2016, EU roll out begins

Mobile mechanic franchise Velofix has revealed that requests to take on the firm’s workshop in a van model have jumped 400% since closing Q4 of 2016.

Posting its strongest year-on-year revenue growth at the end of 2016, the firm has just concluded its annual Franchise Partner Conference, which drew over 80 franchise partners, 15 manufacturers and 16 of the firms Direct partners. The firm launched in January of 2013.

“Our strong success in 2016 created a wealth of equally strong partnership opportunities,” said Velofix co-founder Chris Guillemet. “We’re in the extremely fortunate position to be able to partner with some of the strongest brands in cycling as we look to bring our industry-leading convenience and premium service to Europe in 2017.”

The UK is to be the firm’s first EU territory and Guillemet told CI.N that early discussions took place alongside partners during December. Within our debut Trade Journal we explored the business model in depth, calculating the costs and potential for those considering taking to the road. If you are in the UK bike business you can sign up for a free copy of issue two here.

In the U.S., in addition to adding six new franchise territories in February, including Chicago, Illinois, Jacksonville, Florida, San Antonio, Texas, and Washington DC, Velofix has just announced partnerships with former Cannondale-Drapac pro cyclist Phil Gaimon, and InGamba cycling tours.

chris guillemet