Mr. Goodburger's vs Mega Wraps Franchise Comparison

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

Start-Up Costs and Fees

 
Mr. Goodburger's Franchise
Mega Wraps Franchise
Investment $155,000 - $210,000$189,000
Franchise Fee $25,000$10,000
Royalty Fee 6-8%6%
Advertising Fee -2%
Year Founded 20011998
Year Franchised 20031999
Term Of Agreement 5 years5 Years +5
Term Of Agreement 5 years5 Years +5
Renewal Fee --


Business Experience Requirements

 
Mr. Goodburger's Franchise
Mega Wraps Franchise
Experience
  • Industry experience
  • General business experience
  • (industry and general business experience are recommended)
  • -

    Financing Options

     
    Mr. Goodburger's Franchise
    Mega Wraps Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/No-/-
    Start-up Costs No/No-/-
    Equipment No/No-/-
    Inventory No/No-/-
    Receivables No/No-/-
    Payroll No/No-/-

    Training & Support

     
    Mr. Goodburger's Franchise
    Mega Wraps Franchise
    Training Internet refresher courses-
    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives-
    Marketing Ad slicks, National media, Regional advertising-
    Operations -Average Number of Employees: 2 Full-time, 4 Part-time Passive Ownership: Allowed, But Discouraged

    Expansion Plans

     
    Mr. Goodburger's Franchise
    Mega Wraps Franchise
    US Expansion YesYes
    Canada Expansion NoYes
    International Expansion Yes-

    Company Overviews

    About Mr. Goodburger's

    The business built on creating healthy, animal-free fast food went belly up. See Wink's Cheeseburger Factory.

    About Mega Wraps

    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.