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Updated RecentlyGreat Wraps vs Taco Mayo Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Great Wraps vs Taco Mayo 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 | $250,000 - And Up |
| Franchise Fee | $22,500 | $15,000 - $20,000 |
| Royalty Fee | 5.5% | - |
| Advertising Fee | - | - |
| Year Founded | 1974 | 1978 |
| Year Franchised | 1983 | 1980 |
| 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 Taco Mayo
TACO MAYO is a fast-food, Mexican restaurant chain featuring both pleasant inside dining and fast, friendly and efficient drive-thru service. Mexican is one of the "hottest" opportunities in fast food marketing. While the market is saturated with outlets for hamburger, submarine, pizza and other fast-food menus, Taco Mayo offers a unique variety targeted toward a Tex-Mex hungry population.Taco Mayo proudly serves a varied menu of favorites including tacos, burritos, nachos and taco salads created under strict quality control guidelines that require the finest, freshest ingredients.