| ||||
Updated RecentlyGreat Wraps Franchise
Wrap sandwiches
Great Wraps served its first hot wrapped sandwich in 1974, providing customers with a quick alternative to hamburgers. Today the company offers a menu that includes tortilla and pita wraps, cheesesteaks and smoothies.
It's time to give yourself permission to build your days around what's important to you! You're in Control!
For more information, complete our FREE FRANCHISE ADVICE form!
How much does it cost to open a Great Wraps Franchise?
The investment required to open a Great Wraps Franchise is between $159,500-$485,500. There is an initial franchise fee of $22,500 which grants you the license to run a business under the Great Wraps name.
Individual Unit Costs
- Initial Investment:
$159,500-$485,500 - Initial Franchise Fee:
$22,500 - Royalty Fee:
5.5% - Advertising Fee:
N/A - Term of Agreement:
15 years - Renewal Fee:
$5000
Click here to compare with
franchises similar to Great Wraps
Great Wraps focusing on second-tier markets
After finding success with second-tier markets, Great Wraps Grill has decided to keep its franchising focus there, CEO Mark Kaplan, said in a company press release.
"We've found that there is a great demand for fast casual restaurants that offer flavorful, healthy food in these markets," he s...
Great Wraps News & Press Releases
When did Great Wraps start Franchising? 1983
| Year | U.S.A. | Canada | International | Corporate |
|---|---|---|---|---|
| 2006 | 86 | 0 | 0 | 1 |
| 2005 | 76 | 0 | 0 | 1 |
| 2004 | 61 | 0 | 0 | 1 |
| 2003 | 57 | 0 | 0 | 0 |
| Expense | In-House | Third Party |
|---|---|---|
| Franchise Fee | No | Yes |
| Startup Costs | No | Yes |
| Equipment | No | Yes |
| Inventory | No | Yes |
| Accounts Receivable | No | No |
| Payroll | No | No |
Training
Our two-week Training Program is extremely thorough and easy to follow.
Support
Once you're open for business, we're sure that you'll find the Great Wraps a simple business to operate and our supports systems incredibly effective.
Business Experience:
All you need is a willingness to follow our proven systems, good communication skills, and a passion for excellence - we'll teach you the rest. Existing liquid assets (CASH) of at least $100,000 and a net worth of $250,000. With that, you are then well-positioned to approach the Lender for the rest.
To calculate how much income a franchise owner can do at Great Wraps Franchise, may vary on factors like location, size etc., On the other side as a business owner your goals to maintain the quality of service while streaming sales high and expenses low. As any other franchise may include rent/mortgage, staffing/family, inventory supplies, utilities, administrative costs vise vera. Location to location and seasons the months costs may vary. Most franchises start up costs are typically fixed and they will cover most of the initial operating costs like signage, furniture, decoration and renovations.
Legal Disclaimer: This information is not a franchise offering for Great Wraps and should not be construed as such. The Franchise Mall makes every effort to maintain accurate franchise data but does not guarantee nor assume liability for incorrect data. We recommend that anyone seriously interested in pursuing a Great Wraps franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.
Great Wraps
Great Wraps Inc.
17 Executive Pk. E., #315
Atlanta,
GA
30329