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Red Wheel Fundraising

Food fundraising program

Background

Founded: 1982 Franchising since: 1988
16 S. 15th St.
Council Bluffs, Iowa 51501
Phone:
(712)325-5414


Franchisor is a privately-held company with 20 employee(s); 1 employee(s) in franchise department.

Franchise Growth
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2009 12 0 0 0
2008 12 0 0 0
2007 11 0 0 0
2006 12 0 0 0
2005 14 0 0 0

Where Seeking Franchisees
Not available in the U.S.

Exclusive territories available.
Territory size: 1 million population

Costs and Fees

Total investment: $43K-95K
Franchise fee: $20K
Ongoing royalty fee: 8%
Term of agreement: 10 years, renewable


Type of Financing Available
In-House Third Party
Franchise Fee No No
Startup Costs No No
Equipment No No
Inventory No No
Accounts Receivable No No
Payroll No No

Qualifications
Cash liquidity requirement: $50K
Business Experience:
  • General business experience

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)

Training and Support

Training
  • Available at headquarters: 30 hours+
  • At franchisee's location: 8 hours+
  • At existing franchisees' locations : 30 hours+

Ongoing Support
  • Meetings
  • Toll-free phone line
  • Internet
  • Field operations/evaluations
  • Purchasing cooperatives

Marketing Support
  • Co-op advertising

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