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Below is an in-depth analysis and side-by-side comparison of Mega Wraps vs Orion Food Systems 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 | $59,500 - $140,000 |
Franchise Fee | $10,000 | N/A |
Royalty Fee | 6% | - |
Advertising Fee | 2% | - |
Year Founded | 1998 | 1982 |
Year Franchised | 1999 | 1993 |
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 | -/- | No/No |
Start-up Costs | -/- | No/Yes |
Equipment | -/- | Yes/Yes |
Inventory | -/- | No/Yes |
Receivables | -/- | No/No |
Payroll | -/- | No/No |
Training & Support |
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Training | - | On-The-Job Training: 45 hours Classroom Training: 9.5 hours |
Support | - | Ongoing Support Newsletter Toll-Free Line Grand Opening Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform |
Marketing | - | Ad Templates Regional Advertising Social media Email marketing Loyalty program/app |
Operations | Average Number of Employees: 2 Full-time, 4 Part-time | Absentee Ownership Allowed Number of Employees Required to Run: 4 - 6 |
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.