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Below is an in-depth analysis and side-by-side comparison of Red Wheel Fundraising vs Enviropaving 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 | $100,000 - And Up |
Franchise Fee | $20,000 | $70,000 |
Royalty Fee | 8% | - |
Advertising Fee | - | - |
Year Founded | 1982 | 1998 |
Year Franchised | 1988 | 2009 |
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+ | - |
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 | - | Yes |
International Expansion | - | Yes |
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.
Enviropaving was started in 2009 as a response to demand for the driveway resurfacing product that Shercom Industries invented and has mastered over thousands of installations since 1999. Since May of 2009 Enviropaving has expanded our franchises and launched operations in Alberta, Saskatchewan, and British Columbia. We are a dynamic and fast growing company, and we constantly strive to improve operating systems, marketing strategies, training conventions and overall communications with our franchise partners. Unlike buying equipment-where the purchase represents the conclusion of the transaction, investing in an Enviropaving Franchise represents the beginning of the relationship. If you think you've "Got What It Takes" to run a successful Enviropaving Franchise, please take a few minutes to fill in the application on the page. http://enviropaving.com/franchise-opportunity.php