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Below is an in-depth analysis and side-by-side comparison of Red Wheel Fundraising vs The Swim Squad 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 | $16,200 - $33,500 |
Franchise Fee | $20,000 | $7,500 |
Royalty Fee | 8% | 6% |
Advertising Fee | - | - |
Year Founded | 1982 | 2007 |
Year Franchised | 1988 | 2009 |
Term Of Agreement | 10 years | 10 years |
Term Of Agreement | 10 years | 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+ | Each Franchisee will participate in a 2 week training course involving all of our policies and procedures, as well as business operations. On-site training for an additional 10 business days to help the transition into your new business |
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) | Franchise can be run from home. Number of employees needed to run franchised unit: 5 - 20. Absentee ownership of franchise is NOT allowed. |
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.
Our program is truly unique. We have an extensive online back-office/database to help you manage your current customers, promotions, employees, and administrative duties. Instructors are also set up with an online account, and may view/edit their upcoming schedule or customer contact information if needed. Parents can go online and choose whatever dates and times work best for them for their lessons - there is no mandatory schedule they must abide by. Once a registration has been made, our instructors and managers are notified immediately with contact information and an updated schedule allowing you, the franchise owner, to have more time to market, advertise, and provide excellent customer service! The Swim Squad is currently seeking qualified franchise owners for our prime available locations! Enjoy what you do - work from home and be your own boss! The Swim Squad provides a unique Franchise opportunity by allowing you to own your own business in two growing industries: At-Home Services, and Child Services. At home swimming lessons not only provide convenience for the parents, but also increase child safety awareness in their own home. Contact Us today for more information about our available opportunities!