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Below is an in-depth analysis and side-by-side comparison of Red Wheel Fundraising vs Sir Grout including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $38,000 - $86,000 | $78,795 - $131,530 |
Franchise Fee | $20,000 | $39,500 |
Royalty Fee | 8% | 6% |
Advertising Fee | - | $250/mo.- $500/mo. |
Year Founded | 1982 | 2004 |
Year Franchised | 1988 | 2007 |
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 | Yes/Yes |
Start-up Costs | No/No | No/Yes |
Equipment | No/No | No/Yes |
Inventory | No/No | No/Yes |
Receivables | No/No | No/Yes |
Payroll | No/No | No/Yes |
Training & Support |
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Training | * Available at headquarters: 30 hours+ * At franchisee's location: 8 hours+ * At existing franchisees' locations: 30 hours+ | Classroom Training: 90 hours Additional Training: At headquarters or other location |
Support | - | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform |
Marketing | - | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
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) | * Franchise can be run from home * Absentee Ownership Allowed * Number of Employees Required to Run: 3 - 4 |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | - | - |
International Expansion | - | Yes |
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.
SIR GROUT® offers its owners multiple revenue streams - it's like having five franchises for the price of one!
SIR GROUT® is the first home services franchise to offer grout and tile restoration, stone restoration, sandless wood floor restoration,
bathroom remodeling and slip resistance applications to the consumer and commercial markets.