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Below is an in-depth analysis and side-by-side comparison of Great Wraps vs Sheridan's Frozen Custard 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 | $108,340 - And Up |
Franchise Fee | $22,500 | $24,000 |
Royalty Fee | 5.5% | - |
Advertising Fee | - | - |
Year Founded | 1974 | - |
Year Franchised | 1983 | - |
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 | - |
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.
Sheridan’s Frozen Custard is distinct from ice cream or frozen yogurt. It’s creamier for one thing, but also smoother and thicker, served about 25 degrees warmer than ice cream, custard has a smooth, velvety texture, containing very little air but packed with flavor, and there’s no one better than Sheridan’s Frozen Custard at creating the wonderful confection. That’s why loyal customers keep on returning to Sheridan’s Frozen Custard at all hours of the day and evening. Sheridan’s Frozen Custard uses only the best ingredients in its huge menu of custard, sundaes, and specialty dishes, like Dirt & Worms, vanilla frozen custard with Oreo cookies topped with chocolate sprinkles and gummy worms; or Caramel Pretzel Crunch. Or, consider a simple treat of custard in a cone. Sheridan’s offers more than 50 flavors.