LAS VEGAS (BRAIN) — Mobile bike franchiser Velofix held a stationary “mini-trade show” here last week, when about 110 franchise owners and operators held their annual meeting.
Most of the franchise’s key suppliers attended the three-day event, including Shimano, SRAM, QBP, Hawley-Lambert, Canyon, Park Tool and more, Velofix CEO and co-founder Chris Guillemet told BRAIN.
“It was a great opportunity for all our franchise partners to meet with the suppliers and learn about their new products and programs,” Guillemet said. He also noted that the event was the fifth anniversary of the business — the first Velofix van began operating in January 2013.
The company has now sold 119 franchises, and about 80 vans are in operation. Just this week, Velofix sold five new franchise territories: two in Nashville, one in Atlanta and two in Santa Barbara, California. Guillemet said there should be 100 vans in operation by the end of March, including 75 in the U.S. and 25 in Canada.
Guillemet said the company has been on “a pretty good growth rate,” although the growth is behind its previous public projections — last year, …read more