Red Wheel Fundraising vs Auto Appraisal Network Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Red Wheel Fundraising vs Auto Appraisal Network including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
  Red Wheel Fundraising Auto Appraisal Network
Investment 38000 - 86000 16700 - 44275
Franchise Fee
Royalty Fee 8% $110/appraisal
Advertising Fee
Year Founded 1982 1989
Year Franchised 1988 2007
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements
  Red Wheel Fundraising Auto Appraisal Network
Experience

Financing Options
  Red Wheel Fundraising Auto Appraisal Network
 
Franchise Fees No Yes
Start-up Costs No Yes
Equipment No
Inventory No
Receivables No
Payroll No

Training & Support
  Red Wheel Fundraising Auto Appraisal Network
Training * Available at headquarters: 30 hours+ * At franchisee's location: 8 hours+ * At existing franchisees' locations: 30 hours+ On-The-Job Training: 15 hours Classroom Training: 24 hours
Support Meetings/Conventions Toll-Free Line Online Support Field Operations Proprietary Software Franchisee Intranet Platform
Marketing Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development
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) Absentee Ownership Allowed Number of Employees Required to Run: 1 - 2

Expansion Plans
  Red Wheel Fundraising Auto Appraisal Network
US Expansion
Canada Expansion
International Expansion

Start-Up Costs and Fees Mobile
Investment
Red Wheel Fundraising
Auto Appraisal Network
Franchise Fee
Red Wheel Fundraising
Auto Appraisal Network
Royalty Fee
Red Wheel Fundraising 8%
Auto Appraisal Network $110/appraisal
Advertising Fee
Red Wheel Fundraising
Auto Appraisal Network
Year Founded
Red Wheel Fundraising 1982
Auto Appraisal Network 1989
Year Franchised
Red Wheel Fundraising 1988
Auto Appraisal Network 2007
Term Of Agreement
Red Wheel Fundraising 10 years
Auto Appraisal Network 10 years
Renewal Fee
Red Wheel Fundraising $2,000
Auto Appraisal Network $2,500


Business Experience Requirements
Experience
Red Wheel Fundraising
Auto Appraisal Network

Financing Options
 
Franchise Fees
Red Wheel Fundraising No
Auto Appraisal Network No
Start-up Costs
Red Wheel Fundraising
Auto Appraisal Network
Equipment
Red Wheel Fundraising}
Auto Appraisal Network
Inventory
Red Wheel Fundraising
Auto Appraisal Network
Receivables
Red Wheel Fundraising
Auto Appraisal Network
Payroll
Red Wheel Fundraising
Auto Appraisal Network

Training & Support
Training
Red Wheel Fundraising * Available at headquarters: 30 hours+ * At franchisee's location: 8 hours+ * At existing franchisees' locations: 30 hours+
Auto Appraisal Network On-The-Job Training: 15 hours Classroom Training: 24 hours
Support
Red Wheel Fundraising
Auto Appraisal Network Meetings/Conventions Toll-Free Line Online Support Field Operations Proprietary Software Franchisee Intranet Platform
Marketing
Red Wheel Fundraising
Auto Appraisal Network Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development
Operations
Red Wheel Fundraising * 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)
Auto Appraisal Network Absentee Ownership Allowed Number of Employees Required to Run: 1 - 2

Expansion Plans
US Expansion
Red Wheel Fundraising
Auto Appraisal Network
Canada Expansion
Red Wheel Fundraising
Auto Appraisal Network
International Expansion
Red Wheel Fundraising
Auto Appraisal Network