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Updated RecentlyGreat Wraps vs Fire and Rice Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Great Wraps vs Fire and Rice 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 | $76,860 - $131,850 |
| Franchise Fee | $22,500 | N/A |
| Royalty Fee | 5.5% | - |
| Advertising Fee | - | - |
| Year Founded | 1974 | 2011 |
| Year Franchised | 1983 | 2011 |
| 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. | We are there for our franchisees every step of the way. Support will be provided to Fire & Rice franchisees through onsite support, phone support, and virtual support. We help you get running and ensure your success through ample reinforcement. |
| 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 Fire and Rice
Fire & Rice is a fun alternative to your typical catered affair
featuring delicious, freshly cooked paella. Offering a fun and
interactive event by providing customers a complete dinner and a show
experience, paella is prepared right in front of guests and they are
invited to get involved, ask questions and interact with other guests.
We truly bring the party to every event!