Grandy's vs Mega Wraps Franchise Comparison

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

Start-Up Costs and Fees
 
Grandy's Franchise
Mega Wraps Franchise
Investment $799,800 - $1,104,000$189,000
Franchise Fee $30,000$10,000
Royalty Fee -6%
Advertising Fee -2%
Year Founded 19731998
Year Franchised 19771999
Term Of Agreement -5 Years +5
Term Of Agreement -5 Years +5
Renewal Fee --


Business Experience Requirements
 
Grandy's Franchise
Mega Wraps Franchise
Experience --

Financing Options
 
Grandy's Franchise
Mega Wraps Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support
 
Grandy's Franchise
Mega Wraps Franchise
Training --
Support --
Marketing --
Operations -Average Number of Employees: 2 Full-time, 4 Part-time Passive Ownership: Allowed, But Discouraged

Expansion Plans
 
Grandy's Franchise
Mega Wraps Franchise
US Expansion -Yes
Canada Expansion -Yes
International Expansion --

Company Overviews

About Grandy's

Grandy's is now seeking outstanding franchise candidates in selected markets across the United States who share our passion for serving great food and want to grow with our respected brand.

Currently Grandy’s is sourcing new franchisees in markets that now have or have had open Grandy’s restaurants.

Grandy's franchise strategy includes a complete plan for managing and operating the establishment for a prospective franchisee. The plan provides step-by-step procedures for every aspect of the business and, anticipating most management problems, provides a complete matrix for management decisions confronted by the franchisees. The growth projections for year 2006 and beyond for franchisees are very optimistic. At Grandy's, franchisees are never alone, which is one of the strongest benefits that one could hope for in this tough business world. Franchisees have Grandy's support, as well as other franchisees, who have moved through parallel business experiences. As Grandy's has matured, our brand name and trademark has become more valuable. What this means to you, a future franchisee, is that the multiplication of sites creates a stronger market presence, which benefits all franchisees.

If you are interested, please forward your name, contact information and geographical area of interest for development to [email protected] and someone will contact you as soon as possible.

Thanks for your interest in Grandy's!

About Mega Wraps

Mega Wraps is defining a healthy outlook on the quick service restaurant. With the current customer trends in mind, Mega Wraps features a variety of Pita Wrap offerings. Founded in Toronto, Ontario, Canada, Mega Wraps is poised to establish itself as an industry leader across North America.