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Updated RecentlyGreat Wraps vs Kernels Popcorn Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Great Wraps vs Kernels Popcorn 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 | $160,000 - And Up |
| Franchise Fee | $22,500 | N/A |
| 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 | - |
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 Kernels Popcorn
The business of a Kernels franchise is unique. When you acquire a franchise outlet, you acquire a business and not just a store. Why? Because each of our stores has the ability, as a micro-manufacturing facility to sell not only our extraordinary line-up of products over the counter, but also to reach thousands more customers through wholesaling and corporate sales. The potential market for Kernels Extraordinary Popcorn is huge. It can be as big as the franchise owner's vision, persistence and commitment. A Kernels franchise is a business that requires and responds to the personal input and attention of the owner.