|
Below is an in-depth analysis and side-by-side comparison of Great Wraps vs Oilerie USA including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $159,500 - $485,500 | $141,486 - $223,947 |
Franchise Fee | $22,500 | $30,000 - $37,500 |
Royalty Fee | 5.5% | - |
Advertising Fee | - | - |
Year Founded | 1974 | 2003 |
Year Franchised | 1983 | 2007 |
Term Of Agreement | 15 years | - |
Term Of Agreement | 15 years | - |
Renewal Fee | $5000 | - |
Business Experience Requirements |
||
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 |
||
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 |
||
Training | Our two-week Training Program is extremely thorough and easy to follow. | - |
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 |
||
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.
Oilerie is America's Largest Single Store Retailer of Extra Virgin Olive Oil and aged Balsamic Vinegars. Featuring over 25 varieties of olive oil and balsamic vinegars, customers select their purchase after tasting from our exclusive selection. We travel to Italy to personally meet with our producers hand selecting the oils and vinegars that we sell in our stores. In addition, Oilerie features premium products ranging from snacks and sauces to pastas and health and beauty items. Oilerie, Changing The Way America Buys Olive Oil. Join our growing family by starting an Oilerie franchise near you. Start making our story your story.