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Below is an in-depth analysis and side-by-side comparison of Mega Wraps vs Anoush including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $189,000 | $160,000 - $200,000 |
Franchise Fee | $10,000 | N/A |
Royalty Fee | 6% | $1,500 flat + GST |
Advertising Fee | 2% | - |
Year Founded | 1998 | - |
Year Franchised | 1999 | - |
Term Of Agreement | 5 Years +5 | - |
Term Of Agreement | 5 Years +5 | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | The ability to provide a hands-on management is an important part of your franchise qualifications. The individuals ambition, interpersonal skills and motivation are key factors in shaping the success of each store. It is important to have only successful Franchisees and business owners as a part of Anoush�s Team. We understand, that the success of Anoush is based on the success of each individual franchisee. |
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.