Great Wraps vs Taste of Philly Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Great Wraps vs Taste of Philly including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Great Wraps Franchise
Taste of Philly Franchise
Investment $159,500 - $485,500$203,500 - $418,000
Franchise Fee $22,500$30,000
Royalty Fee 5.5%6%
Advertising Fee --
Year Founded 1974-
Year Franchised 1983-
Term Of Agreement 15 years-
Term Of Agreement 15 years-
Renewal Fee $5000-


Business Experience Requirements
 
Great Wraps Franchise
Taste of Philly Franchise
Experience

All you need is a willingness to follow our proven systems, good communication skills, and a passion for excellence - we'll teach you the rest. Existing liquid assets (CASH) of at least $100,000 and a net worth of $250,000. With that, you are then well-positioned to approach the Lender for the rest.

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Financing Options
 
Great Wraps Franchise
Taste of Philly Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees No/Yes-/-
Start-up Costs No/Yes-/-
Equipment No/Yes-/-
Inventory No/Yes-/-
Receivables No/No-/-
Payroll No/No-/-

Training & Support
 
Great Wraps Franchise
Taste of Philly Franchise
Training

Our two-week Training Program is extremely thorough and easy to follow.

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Support

Once you're open for business, we're sure that you'll find the Great Wraps a simple business to operate and our supports systems incredibly effective.

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Marketing --
Operations --

Expansion Plans
 
Great Wraps Franchise
Taste of Philly Franchise
US Expansion --
Canada Expansion No-
International Expansion No-

Company Overviews

About Great Wraps

Great Wraps served its first hot wrapped sandwich in 1974, providing customers with a quick alternative to hamburgers. Today the company offers a menu that includes tortilla and pita wraps, cheesesteaks and smoothies.

About Taste of Philly

One item that has made Philadelphia famous and has been enjoyed by its natives is the hoagie. It reflects the strong presence of Italian heritage that began primarily in South Philadelphia, around the original colonial settlements. Some will dispute its origin, but no one can dispute its popularity there and in the surrounding region. Legend has it that the name involves Philadelphia’s Hog Island and originated during World War I. Italian shipyard workers combined meats and cheeses on long rolls and named them after the island. Others contend that the sandwich size was enough to fill a hog. While the legend, either this or others, may not be real, the strong ties to the community are undeniable.
Each of our restaurants is individually owned and operated. We are always looking to open new restaurants and expand. A dozen high-volume stores currently stretch from Denver to Colorado Springs, and Taste of Philly is now looking beyond Colorado. We have a good market in Denver, and we are going to take a more rapid approach to expanding.