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Below is an in-depth analysis and side-by-side comparison of Red Wheel Fundraising vs TheLightPros.com 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 | $30,000 - $41,000 |
Franchise Fee | $20,000 | $20,000 |
Royalty Fee | 8% | - |
Advertising Fee | - | - |
Year Founded | 1982 | - |
Year Franchised | 1988 | - |
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 | - | - |
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.
Dreamed of owning your own business? Looked into franchises but they all cost so much? What if I could show you how to run a business that would cost less but have more potential then a subway franchise, would you be interested? What if I told you that this franchise would take about one tenth the capital, would that interest you? The truth is we have been doing this since 1998 and we know what needs to be done for you to succeed. As a franchisee we will train you, consult with you on a marketing plan, business plan, operation plan, and hold your hand trough the process. You too can be a Professional. Call now for franchising opportunities in your area!