Red Wheel Fundraising Franchise

Wednesday

Jun022010

Food fundraising program

Start-up Costs & Franchises Fees

What is the total cost to open a Red Wheel Fundraising Franchises?

Total Cost: $38,000 USD -$86,000 USD
Total Franchise Fees: $20,000 USD
Ongoing Royalty Fees: 8%
Ongoing Advertising Fees: Not Available
Term of Agreement: 10 years
Franchise Agreement Renewal Fee: $2000

Contact Information for Red Wheel Fundraising

Red Wheel Fundraising
16 S. 15th St.
Council Bluffs, IA
51501

Phone Number: (712)325-5414
Fax Number: (712)388-8768

Franchise Homepage:

Historical Expansion

In what year did Red Wheel Fundraising begin operations? 1982
When did Red Wheel Fundraising begin selling franchises? 1988

Year United States Canada International Corporate

2007 11 0 0 0

Year	United States	Canada	International	Corporate
2007	11	0	0	0

Franchise Financing Information

Cost In House Financing Available? 3rd Party Financing Available?

Franchise Fee No No

Initial Start-up Capital No No

Plant, Property, and Equipment No No

Inventory No No

Accounts Receivable No No

Payroll No No

Cost	In House Financing Available?	3rd Party Financing Available?
Franchise Fee	No	No
Initial Start-up Capital	No	No
Plant, Property, and Equipment	No	No
Inventory	No	No
Accounts Receivable	No	No
Payroll	No	No

Training & Support

Training
* Available at headquarters: 30 hours+

* At franchisee's location: 8 hours+

* At existing franchise business owners' locations: 30 hours+

Franchise Operation Restrictions

* Franchise can be run from home
* 30% of all franchise business owners own more than one franchise location.
* Number of employees needed to run franchised unit: 1 - 3
* Absentee ownership of this franchise business is not available to new franchisees. (100% of current franchise business owners are owner/operators)

Franchise Analyzer Professional's Inside Information

Can you buy this franchise for no money down? Yes
What key terms in the franchise agreement can be negotiated? Cross-default provisions, arbitration clause, personal guarantee, default cure periods, non-compete agreement, favorable valuations for corporate buyout
Can you negotiate lower royalties during start-up? Yes
Can you purchase multiple franchises for a discounted franchise fee? Yes
Can you receive lower advertising fees? Yes
Will I know when the franchise break even? Yes
Will my personal assets including my home be safe in case my franchise business fails? Yes

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