Great Wraps vs La Bamba Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Great Wraps vs La Bamba including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Great Wraps Franchise
La Bamba Franchise
Investment $159,500 - $485,500$187,000 - $335,833
Franchise Fee $22,500$30,000
Royalty Fee 5.5%-
Advertising Fee --
Year Founded 19741987
Year Franchised 19831989
Term Of Agreement 15 years-
Term Of Agreement 15 years-
Renewal Fee $5000-


Business Experience Requirements

 
Great Wraps Franchise
La Bamba Franchise
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.

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Financing Options

 
Great Wraps Franchise
La Bamba Franchise
  In-House/3rd PartyIn-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

 
Great Wraps Franchise
La Bamba Franchise
Training

Our two-week Training Program is extremely thorough and easy to follow.

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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.

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Marketing --
Operations --

Expansion Plans

 
Great Wraps Franchise
La Bamba Franchise
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 La Bamba

La Bamba Mexican Restaurants Group is a chain of 20+ concept-based Mexican "fast casual" restaurants serving both college towns and big cities, primarily in the Midwest. With a catchy "Burritos as big as your head" slogan, La Bamba features cooked-to-order Mexican meals in the $6-$7 range as well as a selection of Value Meals. The food is delicious and truly authentic Mexican, the portions are large and the service is quick. Our restaurants are all decorated with a bright, Mexican theme in red, white and green that helps to create a welcoming and relaxed atmosphere. The restaurants begin serving lunch at 11:00 a.m. and stay open late at night to cater to the "after bar-closing"crowd.