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Updated RecentlyGreat Wraps vs TacoTime Canada Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Great Wraps vs TacoTime Canada 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 | $207,500 - $349,400 |
| Franchise Fee | $22,500 | $20,000 |
| Royalty Fee | 5.5% | - |
| Advertising Fee | - | - |
| Year Founded | 1974 | 1978 |
| Year Franchised | 1983 | 1978 |
| 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 encompasses two phases. Phase 1 is an on-site, practical program designed to get you comfortable with our menu items and their preparation. Phase 2 addresses management and business issues that will help you control your operation. The franchise owner and/or manager MUST complete and pass this training program prior to opening. |
| 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 | Yes |
| 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 TacoTime Canada
Hola, Since the late seventies TacoTime and its franchisees have been offering our top notch Mexican sustenance all over Canada. TacoTime isn't backing off at any point in the near future with arrangements to grow the whole way across Canada. That implies there are a lot of chances for dedicated and driven agents to join our framework as franchisees. Owning a TacoTime can be a mind boggling open door for people who are excited to begin their own particular business, yet might want the security and support gave joining an establishment framework. At TacoTime we generally say we would rather profit with our franchisees, as opposed to off them. Possibly that is the reason the normal residency of a TacoTime franchisee is more than 15 years. We are a Mexican eatery that serves nourishment rapidly through our Food Court, Drive-through and Cantina units. While keeping on extending in Western Canada; we are presently granting establishments in Ontario, Quebec and the Atlantic Provinces. Reach us now to check whether our chance meets your longing to serve awesome nourishment in an agreeable and reasonable environment.
TacoTime Canada has been moving incredible taste, esteem and quality into marvelous burritos and tacos! With astonishing new servings of mixed greens, quesadillas, nachos, our firm Mexi-Fries or sweet empanadas, you can fulfill any yearning. You can make your dinner gentle, medium or hot with our top notch Enchilada, Original Red or Diablo sauces. It's simple for you to have your dinner any way you need it.
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