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Updated RecentlyNothing But Noodles vs Mega Wraps Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Nothing But Noodles vs Mega Wraps including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $408,500 - $555,300 | $189,000 |
| Franchise Fee | $25,000 | $10,000 |
| Royalty Fee | 6% | 6% |
| Advertising Fee | - | 2% |
| Year Founded | 2001 | 1998 |
| Year Franchised | 2002 | 1999 |
| Term Of Agreement | - | 5 Years +5 |
| Term Of Agreement | - | 5 Years +5 |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | The minimum financial requirements are a net worth of $1,000,000 and $350,000 in liquid assets. Nothing but Noodles seeks solid, experienced business individuals or partners who are interested in owning and operating their own restaurant business. Franchise owners are ideally hands-on individuals, experienced in full service or QSR restaurants, who take pride in building their own business and serving a quality product in their respective communities. If you do not have previous restaurant experience, we will require you to join with an operating partner or hire an experienced manager that will own an equity portion of the business entity. Total commitment is critical to achieving and maintaining successful restaurants in our system. | - |
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 | - | - |
| Support | - | - |
| Marketing | - | - |
| Operations | - | Average Number of Employees: 2 Full-time, 4 Part-time |
Expansion Plans |
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| US Expansion | - | Yes |
| Canada Expansion | No | Yes |
| International Expansion | Yes | - |
Company Overviews
About Nothing But Noodles
Over the years, as franchisees, the partners of Nothing But Noodles have invested in several different concepts and have had both positive and negative experiences. They have had many successes and, on occasion, disappointments. They have had great support from the franchisor and in some circumstances no support at all. The partners have experienced every situation possible as franchisees, ranging from nitpicked, pressured and mislead to respected, praised and awarded. Needless to say, they know the intricacies of franchising, mistakes to avoid, what works and what doesn’t. They know what your concerns are and have built a company that places your needs first. The partners know that their success is achieved through your success and are confident that Nothing But Noodles is a quality concept that you will be proud to be a part of.
About Mega Wraps
Mega Wraps is defining a healthy outlook on the quick service restaurant. With the current customer trends in mind, Mega Wraps features a variety of Pita Wrap offerings. Founded in Toronto, Ontario, Canada, Mega Wraps is poised to establish itself as an industry leader across North America.