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Below is an in-depth analysis and side-by-side comparison of Red Wheel Fundraising vs HART Health 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 | $35,170 - $64,180 |
Franchise Fee | $20,000 | $20,000 |
Royalty Fee | 8% | 5% |
Advertising Fee | - | 2% |
Year Founded | 1982 | 1974 |
Year Franchised | 1988 | 2006 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | $2000 | - |
Business Experience Requirements |
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Experience | - | Track record of success in outside sales and cold calling, high energy, pipeline management skills, focus, methodical, low ego, strong telephone skills, professional appearance, knowledge of CRM systems, and problem-solving skills. |
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+ | Franchisees are allowed to attend the HART Smart Initial Training Program, which consists of five days of training before business launch and up to three days of training within approximately 90 days of the commencement of operations. Training is conducted locally and at our Seattle, Washington Corporate Headquarters. |
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 | - | - |
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.
HART Health, a home-based, business-to-business mobile franchise, offers industrial first aid kits and immediate care medical supplies to businesses with 50 employees or more. Since we manufacture most of our products, we cut out the middleman, offering customers superb quality at an exceptional price. Revenue is generated by billing for these goods using our HART Smart Hand-Held units. Since 1976, we have been a leading manufacturer and distributor of industrial first aid kits and immediate care medical supplies for businesses with 50 employees or more. We offer our customers exceptional quality, on site service, and at highly competitive prices. Every business is required by law to display and maintain one or more first aid kits for their employees? HART Health franchisees enjoy a recession-resilient business. We offer qualified veterans an additional 25% reduction in the initial franchise fee.