|
Below is an in-depth analysis and side-by-side comparison of Healthy Times Newspaper vs Red Wheel Fundraising including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $18,500 - $29,100 | $38,000 - $86,000 |
Franchise Fee | $15,000 | $20,000 |
Royalty Fee | $500/ month | 8% |
Advertising Fee | - | - |
Year Founded | 2004 | 1982 |
Year Franchised | 2007 | 1988 |
Term Of Agreement | 10 years | 10 years |
Term Of Agreement | 10 years | 10 years |
Renewal Fee | $2000 | $2000 |
Business Experience Requirements |
||
Experience | - | - |
Financing Options |
||
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 |
||
Training | - | * Available at headquarters: 30 hours+ * At franchisee's location: 8 hours+ * At existing franchisees' locations: 30 hours+ |
Support | Best Training and Support in the Industry, Be in Business for Yourself, Not by Yourself. You will have access to ongoing marketing and retail items available to operate your business. We want you to be successful, so we don't just get you started - you get continued support every step of the way! | - |
Marketing | - | - |
Operations | Number of employees needed to run franchised unit: 0
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 |
||
US Expansion | - | - |
Canada Expansion | - | - |
International Expansion | - | - |
Founded in 2004 by Mike and Hope Bundrant, Healthy Times is a printed educational journal serving local communities in California, Florida and Hong Kong. Healthy Times also promotes health professionals online throughout the world.
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.