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Below is an in-depth analysis and side-by-side comparison of Great Wraps vs Hot Head Burritos 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 | $215,650 - $694,700 |
Franchise Fee | $22,500 | $15,000 - $23,000 |
Royalty Fee | 5.5% | 6% |
Advertising Fee | - | 3% |
Year Founded | 1974 | - |
Year Franchised | 1983 | - |
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. | The Franchisee or Operating Manager will need to attend our training program for up to 12 days. |
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 | - | Yes |
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.
HOT HEAD BURRITOS is a Quick Serve Mexican Grill. We have an open kitchen concept. We grill (fresh not frozen) meats and prepare rice in front of the customers. We buildBurritos, Bowls, Tacos, Na- chos, Quesadilla's and more as the customer watches. HOT HEAD FRANCHISING LLC, is seeking operators who have a desire to own their own HOT HEAD BURRITOS Franchise. You may be a multi-brand, multi-unit operator looking to diversify your portfolio. You might be an experienced restaurant manager, ready to go out on your own. You may have extensive retail business experience. And you want to be a part of the retail restaurant segment. If your focus is maintaining a Clean store, serving Great tasting food while providing Great customer service, then we want to talk to you. You could be a candidate for a HOT HEAD BURRITOS Franchise. Spice up your life! own a HOT HEAD BURRITOS Franchise !