|
Below is an in-depth analysis and side-by-side comparison of Red Wheel Fundraising vs ServiStar including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $38,000 - $86,000 | $88,500 - $790,000 |
Franchise Fee | $20,000 | $44,500 - $194,500 |
Royalty Fee | 8% | Varies |
Advertising Fee | - | - |
Year Founded | 1982 | 2008 |
Year Franchised | 1988 | 2010 |
Term Of Agreement | 10 years | 10 years |
Term Of Agreement | 10 years | 10 years |
Renewal Fee | $2000 | - |
Business Experience Requirements |
||
Experience | - | - |
Financing Options |
||
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 |
||
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 |
||
US Expansion | - | - |
Canada Expansion | - | - |
International Expansion | - | - |
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.
ServiStar: the home service people Discover the difference ServiStar can make in your life. ServiStar� - Nation's Fastest Growing Home Service Company ServiStar� offers a rare and unique opportunity. An opportunity that provides you with the satisfaction of running your own business, while having a loyal team, dedicated to your success, behind you the whole way. Why become a ServiStar� franchise? Because we are the only national franchise brand offering homeowners one source for all their home repair and maintenance needs. Our franchise support services and systems are proven to help you get more customers, save money and give you a competitive advantage over your competitors. Our franchise opportunity is designed to help secure your future and build an appreciating asset for you and your family.