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Below is an in-depth analysis and side-by-side comparison of Surface Doctor vs Red Wheel Fundraising including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | N/A | $38,000 - $86,000 |
Franchise Fee | $50,000 | $20,000 |
Royalty Fee | - | 8% |
Advertising Fee | - | - |
Year Founded | - | 1982 |
Year Franchised | - | 1988 |
Term Of Agreement | - | 10 years |
Term Of Agreement | - | 10 years |
Renewal Fee | - | $2000 |
Business Experience Requirements |
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Experience | - | - |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | No/No |
Start-up Costs | -/- | No/No |
Equipment | -/- | No/No |
Inventory | -/- | No/No |
Receivables | -/- | No/No |
Payroll | -/- | No/No |
Training & Support |
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Training | - | * Available at headquarters: 30 hours+ * At franchisee's location: 8 hours+ * At existing franchisees' locations: 30 hours+ |
Support | - | - |
Marketing | - | - |
Operations | - | * Franchise can be run from home * 30% of all franchisees own more than one unit * Number of employees needed to run franchised unit: 1 - 3 * Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | - | - |
International Expansion | - | - |
NO LONGER FRANCHISING
Surface Doctor has been procured by Myhome International plc starting at
July 2007, however the establishment has had 25 years of achievement
abroad, making it the main washroom and kitchen reemerging establishment
in the United States . The effective frameworks utilized in the United
States are presently converting into achievement in the United Kingdom,
and the establishment is starting to truly develop. In spite of the fact
that this market is moderately undiscovered, individuals in the United
Kingdom are starting to acknowledge they can set aside to 70% on
expenses on the off chance that they utilize Surface Doctor to
reestablish, instead of supplant, their kitchen and lavatory surfaces.
Surface Doctor utilizes decided business-disapproved of individuals to
deal with every establishment, and with close support and demonstrated
business frameworks, Myhome International plc is sustaining this
establishment keeping in mind the end goal to upgrade the market
potential.
Surface Doctor® techniques and methods restore for
all intents and purposes any surface, offering colossal cost reserve
funds contrasted with substitution. In the meantime, Surface Doctor's®
thorough cluster of administrations offers you more prominent open doors
for an extended client base.
Since 1982 Red Wheel has been in the business of manufacturing food for fundraising. Headquarters are in Council Bluffs, Iowa. Our business has grown steadily. Today Red Wheel is the industry’s largest manufacturer of the best variety of frozen food for fundraising.