| ||||
Updated RecentlyGreat Wraps vs BarBurrito Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Great Wraps vs BarBurrito including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $159,500 - $485,500 | $176,200 - $300,150 |
| Franchise Fee | $22,500 | $15,000 |
| Royalty Fee | 5.5% | 5% |
| Advertising Fee | - | - |
| Year Founded | 1974 | - |
| Year Franchised | 1983 | - |
| 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. | Intensive training program for a minimum of four weeks. This training will guide you through everything you need to know about the BarBurrito system including business management tools, staff management and marketing strategies. We will show you how to control overhead expenditures, while implementing strategies to deal with a changing economy and seasonal variations in store sales. Our manual covers a full range of topics and procedures, from store operations and staff management, to recipes and marketing strategies. |
| 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. | Ongoing operations support and guidance to help you run a great restaurant! Advising you on new products or procedures, assistance in controlling costs, marketing initiatives. Answer each and every inquiry you may have. We believe in an open door policy, so make sure to take advantage of it! |
| Marketing | - | Our marketing program is designed to benefit the BarBurrito brand as well as each individual store. Our marketing department sends hundreds of thousands of flyers each year, both through Canada Post and door to door. We promote chain-wide and individual store specials, catering services and seasonal promotions, to businesses and private residences alike. Marketing support is available free of charge to franchisees wishing to produce local marketing initiatives. Chain wide marketing initiatives are initiated and implemented by us and paid for through the advertising fund that each franchisee contributes to. |
| Operations | - | - |
Expansion Plans |
||
| 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 BarBurrito
!["Top]("https://www.betheboss.ca/images/top-100-logo.final%202020.png"){kind=logo}