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Updated RecentlyGreat Wraps vs Yolandas Tacos Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Great Wraps vs Yolandas Tacos 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 | $224,150 - $306,250 |
| Franchise Fee | $22,500 | $35,000 |
| Royalty Fee | 5.5% | - |
| Advertising Fee | - | - |
| Year Founded | 1974 | 2003 |
| Year Franchised | 1983 | 2011 |
| 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. | * 15 Day Comprehensive Training in Denver, Colorado * 30 Hours of Classroom * 89 Hours of On the Job Training * Ongoing Weekly Support and Training Conferences as Needed * Ongoing Optional Onsite Training for You and Additional Staff |
| 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. | Our goal is to provide our franchise owners with the proper tools and training, leveraged with our years of experience, to create proven success-driven results. We have personally built this business from the ground up and are here to guide you step-by-step. Our corporate staff is alway here to help you build your business. |
| Marketing | - | - |
| Operations | - | - |
Expansion Plans |
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| US Expansion | - | Yes |
| Canada Expansion | No | 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 Yolandas Tacos
Yolanda's Tacos is a fast-casual restaurant serving the traditional foods and salsas of Mexico. Our mouthwatering menu features fresh tacos, burritos, nachos, tostadas and more tasty Mexican favorites served with the Yolanda's experience. Founder Bob Walker met Yolanda Lopez of Jalisco, Mexico in Chula Vista, California during the summer of 1971. As they became friends, this retired lady took him, her 'gringo' son, aside and showed him how to prepare the traditional food and salsas of Mexico. In keeping with this tradition, Yolanda's tacos opened its first location in 1994 serving the fresh traditional food of Mexico daily. To learn more about this exciting Mexican and taco fast food franchise opportunity, go to http://www.yolandastacos.com/ or call 303-378-2221