Great Wraps vs Toastique Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Great Wraps vs Toastique including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Great Wraps Franchise
Toastique Franchise
Investment $159,500 - $485,500$280,750 - $482,200
Franchise Fee $22,500$45,000
Royalty Fee 5.5%-
Advertising Fee --
Year Founded 19742018
Year Franchised 19832019
Term Of Agreement 15 years-
Term Of Agreement 15 years-
Renewal Fee $5000-


Business Experience Requirements
 
Great Wraps Franchise
Toastique Franchise
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.

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Financing Options
 
Great Wraps Franchise
Toastique Franchise
  In-House/3rd PartyIn-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
 
Great Wraps Franchise
Toastique Franchise
Training

Our two-week Training Program is extremely thorough and easy to follow.

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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.

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Marketing --
Operations --

Expansion Plans
 
Great Wraps Franchise
Toastique Franchise
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 Toastique

"Toastique
A fresh new take on a beloved favorite, Toastique elevates toast from classic side dish to health-focused power meal. In doing so, we’ve created a business model that has done what few health food franchises have before it - generated over $1 million in the first year of operation!
Our customizable gourmet toasts provide guests with a wholesome, convenient meal option that can’t be found at any other fast-casual restaurant. Along with an array of all-natural smoothies, cold-pressed juices, and açaí bowls, Toastique’s unique menu of healthy, grab-and-go meals and snacks makes us truly unlike any other health-focused franchise on earth.

The estimated initial investment necessary to begin operation of a Toastique Restaurant under a Franchise Agreement is $280,750 to $482,200. This includes $57,000 to $60,000 that must be paid to the franchisor or its affiliates.
The estimated initial investment necessary to begin operation of a Toastique Restaurant under a Franchise Agreement with a 1-3 Multi-Franchise Addendum is $330,750 to $532,200. This includes $107,000 to $110,000 that must be paid to the franchisor or its affiliates.
The initial investment necessary to begin operation of a Toastique Restaurant under a multi-unit development agreement depends on the number of Restaurants that you are authorized to develop and is $379,750 to $614,200. This includes $111,000 to $147,000 that must be paid to the franchisor or its affiliates and a development fee of $33,000 for each additional Restaurant that you are authorized to establish under the multi-unit development agreement.