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Below is an in-depth analysis and side-by-side comparison of Tastee Freez 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 | $40,000 - $900,000 | $189,000 |
Franchise Fee | $10,000 - $20,000 | $10,000 |
Royalty Fee | 5% | 6% |
Advertising Fee | 3%local + 1% Nat'l | 2% |
Year Founded | 1950 | 1998 |
Year Franchised | 0 | 1999 |
Term Of Agreement | 20 years | 5 Years +5 |
Term Of Agreement | 20 years | 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 | - | - |
Tastee Freez is ready to grow an exciting and energetic concept. Tastee Freez still offers the traditional great tasting treats and grilled items that made us famous with state-of-the-art equipment and new brand imaging. Now is the time to join the Tastee Freez family!
In addition to our traditional Tastee freez concept, Tastee Freez also offers an exciting co-branding opportunity for existing restaurant concepts. For an initial fee of $5,000 you can add Tastee Freez soft serve to your existing restaurant menu. All other fees remain the same. You need only four linear feet to add Tastee Freez to your concept.
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.