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Below is an in-depth analysis and side-by-side comparison of Maintenance Made Simple vs Red Wheel Fundraising including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $35,300 - $64,800 | $38,000 - $86,000 |
Franchise Fee | $20,000 | $20,000 |
Royalty Fee | 6% | 8% |
Advertising Fee | 2% | - |
Year Founded | 2003 | 1982 |
Year Franchised | 2003 | 1988 |
Term Of Agreement | 5 years | 10 years |
Term Of Agreement | 5 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 | Yes/No | No/No |
Start-up Costs | No/No | No/No |
Equipment | No/Yes | No/No |
Inventory | No/No | No/No |
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+ |
Support | Newsletter, Toll-free phone line, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | - |
Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | - |
Operations |
Franchise can be run from home. International franchisees required to buy multiple units/master licenses Number of employees needed to run franchised unit: 2 Absentee ownership of franchise is allowed. | * 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 | No | - |
International Expansion | Yes | - |
Most of us already instinctively know what we spent over a year researching; specifically, that homeowners just aren't happy with home improvement companies. That's why Maintenance Made Simple was founded on the belief that home improvement shouldn't entail no-show repairmen, arbitrary pricing schemes, consistently dissatisfying experiences and a permeating absence of professionalism. We've built a new home maintenance industry from the ground up, with customer service, prompt service calls, reliable work and reasonable rates as our calling cards. And, surprisingly enough, it caught on fast. Now, Maintenance Made Simple is one of the fastest growing franchise systems in the home repair and remodeling industry. In fact, Entrepreneur Magazine just named the company as one of the top 500 franchises of 2008. Of course, with all this growth comes the need for quality franchisee candidates to carry on Maintenance Made Simple's tradition of excellence in home maintenance and repair. Which is why we're looking for entrepreneurial visionaries like you. Expand Your Network In areas that are franchised, Maintenance Made Simple develops strategic alliances with qualified contractors in every aspect of the home repair and remodeling industry.
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.