Taco John's vs Great Wraps Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Taco John's vs Great Wraps including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Taco John's Franchise
Great Wraps Franchise
Investment $475,000 - $1,599,000$159,500 - $485,500
Franchise Fee $25,000$22,500
Royalty Fee 5%5.5%
Advertising Fee 4%-
Year Founded 19681974
Year Franchised 19691983
Term Of Agreement 20 years+10+10+1015 years
Term Of Agreement 20 years+10+10+1015 years
Renewal Fee -$5000


Business Experience Requirements
 
Taco John's Franchise
Great Wraps Franchise
Experience
  • Industry experience
  • General 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.

    Financing Options
     
    Taco John's Franchise
    Great Wraps Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/YesNo/Yes
    Start-up Costs No/YesNo/Yes
    Equipment No/YesNo/Yes
    Inventory No/YesNo/Yes
    Receivables No/NoNo/No
    Payroll No/NoNo/No

    Training & Support
     
    Taco John's Franchise
    Great Wraps Franchise
    Training -

    Our two-week Training Program is extremely thorough and easy to follow.
    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives

    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.
    Marketing Co-op advertising, Ad slicks-
    Operations 37% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 15

    Absentee ownership of franchise is allowed. (75% of current franchisees are owner/operators)

    		-

    Expansion Plans
     
    Taco John's Franchise
    Great Wraps Franchise
    US Expansion Yes-
    Canada Expansion NoNo
    International Expansion NoNo

    Company Overviews

    About Taco John's

    The story of Taco John's sounds more like a legend than the history of a business. In Cheyenne, Wyoming, a man named Juan opened a tiny taco house, serving uniquely seasoned and generously sized tacos and burritos. An immediate hit with the locals, the taco house was quickly purchased by local businessmen Harold Holmes and Jim Woodson in 1969. Renamed Taco John's, it began selling franchises right away and now has restaurants across America. The privately held company is still based in Cheyenne.

    "Entrepreneur

    #115 in Franchise 500 for 2020.
    #315 in Franchise 500 for 2021.


    About Great Wraps

    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.