Auto Appraisal Network vs Red Wheel Fundraising Franchise Comparison

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

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


Business Experience Requirements
  Auto Appraisal Network Red Wheel Fundraising
Experience

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

Training & Support
  Auto Appraisal Network Red Wheel Fundraising
Training On-The-Job Training: 15 hours Classroom Training: 24 hours * Available at headquarters: 30 hours+ * At franchisee's location: 8 hours+ * At existing franchisees' locations: 30 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 Absentee Ownership Allowed Number of Employees Required to Run: 1 - 2 * 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
  Auto Appraisal Network Red Wheel Fundraising
US Expansion
Canada Expansion
International Expansion

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


Business Experience Requirements
Experience
Auto Appraisal Network
Red Wheel Fundraising

Financing Options
 
Franchise Fees
Auto Appraisal Network Yes
Red Wheel Fundraising Yes
Start-up Costs
Auto Appraisal Network
Red Wheel Fundraising
Equipment
Auto Appraisal Network}
Red Wheel Fundraising
Inventory
Auto Appraisal Network
Red Wheel Fundraising
Receivables
Auto Appraisal Network
Red Wheel Fundraising
Payroll
Auto Appraisal Network
Red Wheel Fundraising

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

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