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Updated RecentlyUFood vs Mega Wraps Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of UFood 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 | $415,500 - $598,500 | $189,000 |
| Franchise Fee | $35,000 | $10,000 |
| Royalty Fee | 5% | 6% |
| Advertising Fee | 2% | 2% |
| Year Founded | 0 | 1998 |
| Year Franchised | 2014 | 1999 |
| Term Of Agreement | - | 5 Years +5 |
| Term Of Agreement | - | 5 Years +5 |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | · Minimum liquid assets: $200,000 · Minimum net worth: $350,000 | - |
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 | UFood Grill offers all of our franchisees a comprehensive 5-week training program at the UFood Grill University. This program includes a mix of classroom, test kitchen, and live, hands-on store training for 3 people in your organization, one of whom must be your store manager. Our field training team will assist in the opening of each store. | - |
| Support | Ongoing support | - |
| Marketing | UFood Grill offers its franchisees a number of turnkey opening and ongoing marketing programs that will bring customers in the door. In addition, UFood Grill provides materials and promotions that are available through our graphics standards manual and marketing promotions manual available online as well as in hard copy. UFood Grill also has a state-of-the-art loyalty program for franchisees to understand customer behavior and create tailored marketing programs. UFood Grill will also help franchisees track purchasing and analyze customer shopping data. | - |
| 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 | - | - |
Company Overviews
About UFood
With a sleek inviting design and setting, that serves fresh and delicious food fast, UFood Grill is meeting the current and increasing demand from its customers. With all menu items that are fresh, baked and never fried, as well as under 700 calories, UFood Grill is leading the rapidly growing fast casual segment of franchising. UFood Grill offers a customizable menu with Better-For-U food that can meet all dietary needs/restrictions.
At UFood Grill, we are with you every step of the way:
· Site selection
· Submittal of LOI/Lease draft
· Store design
· Construction
· Training
· Grand Opening Support
· Ongoing operational support
· Ongoing marketing support
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.