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Below is an in-depth analysis and side-by-side comparison of Nationwide Floor & Window Coverings vs REDRHINO including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $80,000 - $156,000 | $48,800 - $78,425 |
Franchise Fee | $31,900 - $45,900 | $35,000 |
Royalty Fee | 5% | 8% |
Advertising Fee | - | - |
Year Founded | 1992 | 2006 |
Year Franchised | 1992 | 2011 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | - | - |
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/Yes | -/- |
Start-up Costs | No/Yes | -/- |
Equipment | No/Yes | -/- |
Inventory | No/Yes | -/- |
Receivables | No/Yes | -/- |
Payroll | No/Yes | -/- |
Training & Support |
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Training | - | Join a business and industry provider that will train and provide you with the ultimate differentiators for your new business. Learn how to run a business that is the leading service provider in quality epoxy flooring solutions. Through leading processes and products, you can count on customers being amazed by the quality of the floors we produce. We will train you for a week at the corporate location in Los Angeles in addition to our visiting your location to help you sell and develop your client base. You can count on complete support and guidance when you start your new business. |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | - |
Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | You can count on the most effective and proven marketing and lead generation systems available. REDRHINO has developed systems that will generate inbound leads for you to build your business. We will generate 1-3 inbound calls for your business through our proprietary marketing program. The key to any new business is the development of qualified leads. Over six years and with a background in management consulting, we have perfected the lead generation process to maximize efficiencies and minimize your cost of getting good buyers calling. |
Operations |
15% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 - 2
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 | No | - |
International Expansion | Yes | Yes |
After owning and operating his own mobile floor and window coverings business for several years in Wisconsin, Greg Schmich launched Nationwide Floor and Window Coverings as a franchise in 1992. Today franchisees throughout the U.S. and Canada offer in-home and in-office service to customers, selling carpet, vinyl, laminate flooring, hardwood, ceramic tiles, area rugs, blinds and shades, drapes and toppers and shutters.