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Updated RecentlyRed Wheel Fundraising vs Floor Hero Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Red Wheel Fundraising vs Floor Hero 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 | $24,930 - $46,680 |
| Franchise Fee | $20,000 | $15,000 - $20,000 |
| Royalty Fee | 8% | 4% |
| Advertising Fee | - | - |
| Year Founded | 1982 | 2010 |
| Year Franchised | 1988 | 2010 |
| Term Of Agreement | 10 years | 5 years |
| Term Of Agreement | 10 years | 5 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/No |
| Start-up Costs | No/No | No/Yes |
| Equipment | No/No | No/Yes |
| Inventory | No/No | No/Yes |
| Receivables | No/No | No/No |
| Payroll | No/No | 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+ | Available at headquarters. Available at franchisee's location. Offsite training |
| Support | - | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | - | Co-op advertising, Ad slicks, Regional advertising |
| 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 | - | Yes |
| Canada Expansion | - | - |
| International Expansion | - | Yes |
Company Overviews
About Red Wheel Fundraising
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.
- We use only fresh ingredients.
- We use recipes people love.
- We blast freeze our products to lock in freshness & flavor.
- We are USDA certified.
- We sell with a 100% Goodness Guarantee
About Floor Hero
As a FLOOR HERO you can restore the beauty of wood floors in just hours, simply and with no messy clean up! Our proprietary process provides you with the most affordable method of renewing all types of wood floors. Homeowners and businesses are simply thrilled with our service because we can have the job completed in less than one day with NO dust or lingering odor. And, our products are all kid and pet friendly while our service is half the cost of sanding. Join our low cost wood floor refinishing franchise and take advantage of a proven flooring renewal system that provides an incredible opportunity in the home improvement industry. When comparing our Dustless wood floor franchise to any other home improvement or handyman franchise you will quickly learn why the sandless wood floor refinishing market is the absolute best franchise opportunity for any do it yourself individual looking for a low cost franchise opportunity with very high profit potential. You can schedule your wood floor renewal and refinish jobs around your life and enjoy the flexibility of operating your own floor cleaning and refinishing franchise. Franchise Information: FLOOR HERO is the premier "NO SANDING" Wood Floor Renewal Franchise. Join our franchise today and enjoy: A high demand service business Protected territory Low investment requirement Easy business to operate Financing available! You too can be your own boss and enjoy the benefits of business ownership.