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Below is an in-depth analysis and side-by-side comparison of Red Wheel Fundraising vs Growing Roots 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 | $25,100 - $45,100 |
Franchise Fee | $20,000 | $15,000 |
Royalty Fee | 8% | 4% |
Advertising Fee | - | 1% |
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+ | An extensive initial 5 day training at Headquarters and off-site. Before the initial training in Long Beach, CA, you will be sent a package with pre-training materials including manuals, DVD's and books to review in order to get you familiar with interior plantscaping. Training will consist of but not limited to, study materials on plant identification and proper care, hands-on lessons, nursery tours, business training and review of the expansive Operations Manual. |
Support | - | Access to on-going support for all of your questions and concerns via phone and e-mail. Franchisee's will also have the opportunity to attend franchisee meetings and training sessions in order to share ideas and thoughts that will strengthen the franchise system as a whole. We will also set-up franchisee meetings at Industry seminars and trade shows so we can take advantage of the time to learn and grow. |
Marketing | - | During the initial 5-day training we will cover marketing and advertising techniques as well as going over the marketing materials we utilize. You will be provided with some of the select marketing materials during training and the information for preferred printing vendors. As part of advertising, we will provide assistance in creating the proper signage for your specific vehicle with the Growing Roots logo using our preferred vendor or an approved local vendor. |
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 | - | - |
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.