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Updated RecentlyGreat Wraps vs Big City Burrito Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Great Wraps vs Big City Burrito including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $159,500 - $485,500 | N/A |
| Franchise Fee | $22,500 | N/A |
| Royalty Fee | 5.5% | - |
| Advertising Fee | - | - |
| Year Founded | 1974 | 1994 |
| Year Franchised | 1983 | 0 |
| Term Of Agreement | 15 years | - |
| Term Of Agreement | 15 years | - |
| Renewal Fee | $5000 | - |
Business Experience Requirements |
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| 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. | - |
Financing Options |
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| In-House/3rd Party | In-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 |
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| Training | Our two-week Training Program is extremely thorough and easy to follow. | - |
| 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. | - |
| Marketing | - | - |
| Operations | - | - |
Expansion Plans |
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| 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 Big City Burrito
Founded by George Lee in 2003, Big City Burrito promises "fast, fresh Mexican food."
From colorful tortillas to outstanding fillings and homemade soups, Big City Burritos give their customers a delicious array of Mexican cuisine at affordable prices. Restaurant reviews in each city where a Big City Burrito franchise has been established have been positively glowing. The festive atmosphere, array of sauces and salsas, and the ability of the customer to choose fillings and toppings for tacos, burritos and quesadillas have brought satisfied reviewers coming back for more. With the original store located in Fort Collins, Colorado, and only 10 other franchises currently in existence, there's tremendous opportunity for growth. And if you have one or more colleges in your town, your chances for success increase exponentially.