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Updated RecentlyGreat Wraps vs Champion Cheesesteaks Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Great Wraps vs Champion Cheesesteaks 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 | N/A |
| Franchise Fee | $22,500 | N/A |
| Royalty Fee | 5.5% | - |
| Advertising Fee | - | - |
| Year Founded | 1974 | 2010 |
| Year Franchised | 1983 | 2010 |
| 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. | - |
| 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 | - |
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 Champion Cheesesteaks
The Champion Cheesesteaks franchise has been designed to deliver maximized results, profitability and operating efficiencies through a highly refined and structured food truck franchise. The Champion Cheesesteak franchise is a derivation of what was the Philly Connection Franchise system. It's founder, Mr. Roy Brostrand developed the Philly Connection in the 1980's and has long since sold off his share of ownership in the 280 store chain. The Champion model is his newest creation which takes the winning formula of The Philly Connection and combines it with the hottest segment in food service growth - the Food Truck business. The concept is simple, having manufactured a streamlined food truck operation that manages to fit an entire operating kitchen into a mobile food truck business allows food truck franchisees to operate without complexity. Through technology, skilled design and a keen understanding for the food truck business, Mr. Brostrand and his team of engineers were able to build and develop a food truck that has no comparison on the market. The Champion Cheesesteak franchise also was developed with a focus on marketing, business development and understanding how to find ideal locations for the food truck operation and how to get the customer in tune with where the food truck would be at any particular time. The Champion branding is meant to be bold, game-changing and to the point. The food quality is top-notch and the concept all together has no peers in the food service industry. If you see the massive potential in the explosive food truck franchise industry and have the energy, intensity and drive to build your own business as part of the Champion franchise network,contact us. (800) 610-0292 / [email protected]