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Below is an in-depth analysis and side-by-side comparison of Great Wraps vs Scandinavian Shave Ice 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 | $131,400 - $297,700 |
Franchise Fee | $22,500 | $30,000 |
Royalty Fee | 5.5% | - |
Advertising Fee | - | - |
Year Founded | 1974 | 1992 |
Year Franchised | 1983 | 2007 |
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. | Training will be available both at our company headquarters in Kailua Kona Hawaii for one week and at your location for one week. Training will be conducted by members of our management team. Training will be provided for 2 persons per franchised business. Ongoing training is also available. |
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.
NO LONGER FRANCHISING
The Scandinavian Shave Ice franchise is an excellent opportunity for you to own your own business in a growing industry with high growth potential. Scandinavian Shave Ice is a shave ice retail store located in Kailua Kona, Hawaii. We offer Hawaiian shave ice, locally produced ice cream, and Internet services. We will also offer in our mainland franchise stores 100% Kona coffee drinks. To support our current growth plans, we seek qualified individuals with passion, energy and drive, who are capable of using our systems and support to develop their own successful business. We work with entrepreneurs to build strong and successful shave ice retail stores. Our experience and leading edge systems provides each shave ice retail store franchise with the direction that helps them achieve the goals they have for their business.