Planet Wings vs Mega Wraps Franchise Comparison

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

Start-Up Costs and Fees

 
Planet Wings Franchise
Mega Wraps Franchise
Investment $267,000 - $423,500$189,000
Franchise Fee $25,000$10,000
Royalty Fee 6%6%
Advertising Fee 1%2%
Year Founded 19951998
Year Franchised 20021999
Term Of Agreement 10 years +5 +55 Years +5
Term Of Agreement 10 years +5 +55 Years +5
Renewal Fee --


Business Experience Requirements

 
Planet Wings Franchise
Mega Wraps Franchise
Experience --

Financing Options

 
Planet Wings Franchise
Mega Wraps Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
Planet Wings 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

 
Planet Wings Franchise
Mega Wraps Franchise
US Expansion -Yes
Canada Expansion -Yes
International Expansion --

Company Overviews

About Planet Wings

Planet Wings is a fast food, eat-in, take-out and delivery restaurant, featuring Buffalo wings in 24 flavors, burgers, salads, wraps and more.

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.