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Below is an in-depth analysis and side-by-side comparison of Mr. Empanada vs Mega Wraps including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $190,500 - $293,500 | $189,000 |
| Franchise Fee | $35,000 | $10,000 |
| Royalty Fee | 3% or $500 | 6% |
| Advertising Fee | 2% | 2% |
| Year Founded | 2003 | 1998 |
| Year Franchised | 2003 | 1999 |
| Term Of Agreement | - | 5 Years +5 |
| Term Of Agreement | - | 5 Years +5 |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | - | - |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | -/- | -/- |
| Start-up Costs | -/- | -/- |
| Equipment | -/- | -/- |
| Inventory | -/- | -/- |
| Receivables | -/- | -/- |
| Payroll | -/- | -/- |
Training & Support |
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| Training | - | - |
| Support | - | - |
| Marketing | - | - |
| Operations | - | Average Number of Employees: 2 Full-time, 4 Part-time |
Expansion Plans |
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| US Expansion | - | Yes |
| Canada Expansion | - | Yes |
| International Expansion | - | - |
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.