The New York Butcher Shoppe vs Great Wraps Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of The New York Butcher Shoppe vs Great Wraps including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

The New York Butcher Shoppe Franchise
Great Wraps Franchise
Investment $385,500 - $500,500$159,500 - $485,500
Franchise Fee $35,000$22,500
Royalty Fee to 4%5.5%
Advertising Fee --
Year Founded 19991974
Year Franchised 20031983
Term Of Agreement 10 years15 years
Term Of Agreement 10 years15 years
Renewal Fee 20% of fee$5000

Business Experience Requirements

The New York Butcher Shoppe Franchise
Great Wraps Franchise
  • 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

    The New York Butcher Shoppe Franchise
    Great Wraps Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/NoNo/Yes
    Start-up Costs No/NoNo/Yes
    Equipment No/YesNo/Yes
    Inventory No/NoNo/Yes
    Receivables No/NoNo/No
    Payroll No/NoNo/No

    Training & Support

    The New York Butcher Shoppe 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, 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, Regional advertising-
    Operations 0% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 5

    Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)


    Expansion Plans

    The New York Butcher Shoppe Franchise
    Great Wraps Franchise
    US Expansion Yes-
    Canada Expansion NoNo
    International Expansion NoNo

    Company Overviews

    About The New York Butcher Shoppe

    The New York Butcher Shoppe was founded in 1999 in Mt. Pleasant, SC. Since that time it has grown in popularity with customers and now has locations in South Carolina and Georgia with plans for new stores in additional states. The The New York Butcher Shoppe concept is founded on the principles of outstanding customer service and the highest quality product, in a clean and inviting atmosphere. Our line of hand cut steaks using Premium Angus Beef , prepared entrees, side dishes, salads and dips are always fresh and provide a unique shopping niche for our customers. We also offer fresh sausages, frozen pastas, vegetables, hard to find grocery items, and a top selection of fine wines and cheeses. The stores are able to operate well on small staffs in retail space from 1,100 - 1,600 square feet. Assistance with site selection is provided by us, as well as guidance through your opening and ongoing operations. As the owners of the Franchiser, we also operate stores and are hands on every day to build the brand and the system. Our commitment to successful franchisees is the same as our commitment to our customers and standards of operation. We will provide each franchisee:

    Initial investment for a store can run from $385,500-$500,500 depending on your lease, build out, and other factors.

    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.