Checkers Drive-In vs Mega Wraps Franchise Comparison

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

Start-Up Costs and Fees

 
Checkers Drive-In Franchise
Mega Wraps Franchise
Investment $259,000 - $1,431,000$189,000
Franchise Fee $30,000$10,000
Royalty Fee 4%6%
Advertising Fee 4.5%2%
Year Founded 19861998
Year Franchised 19891999
Term Of Agreement 20 years5 Years +5
Term Of Agreement 20 years5 Years +5
Renewal Fee --


Business Experience Requirements

 
Checkers Drive-In Franchise
Mega Wraps Franchise
Experience
  • Industry experience
  • General business experience
  • -

    Financing Options

     
    Checkers Drive-In Franchise
    Mega Wraps Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/Yes-/-
    Start-up Costs No/Yes-/-
    Equipment No/Yes-/-
    Inventory No/Yes-/-
    Receivables No/Yes-/-
    Payroll No/Yes-/-

    Training & Support

     
    Checkers Drive-In Franchise
    Mega Wraps Franchise
    Training On-The-Job Training: 160-220 hours Classroom Training: 32-40 hours Additional Training: In training restaurant -
    Support Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection-
    Marketing Co-op advertising, Ad slicks, National media, Regional advertising-
    Operations -Average Number of Employees: 2 Full-time, 4 Part-time Passive Ownership: Allowed, But Discouraged

    Expansion Plans

     
    Checkers Drive-In Franchise
    Mega Wraps Franchise
    US Expansion YesYes
    Canada Expansion NoYes
    International Expansion Yes-

    Company Overviews

    About Checkers Drive-In

    Checkers Drive-In Restaurants, Inc. is the largest double drive-thru restaurant chain in the United States. Checkers develops, produces, owns, operates, and franchises quick service “double drive-thru” restaurants under the two brand names “Checkers" and “Rally’s Hamburgers". The restaurants are designed to provide fast and efficient automobile-oriented service and appeal to guests of all ages. The double drive-thru concept allows Checkers' and Rally’s Hamburgers to capitalize on the fact that approximately fifty percent of all quick-service food business is drive-thru. Guests can also enjoy a 1950’s flashback with walk-up ordering and outdoor dining in the outside picnic area at most locations.

    The total investment necessary to begin operation of a Checkers Restaurant (excluding real estate and related costs) is: $780,000 to $1,431,000 for a new modular design single drive-thru restaurant; $320,500 to $787,000 for a site built, conversion or used modular drive-thru restaurant; $259,700 to $648,000 for an endcap strip-center and gas/convenience restaurant; and $254,000 to $514,000 for a Non-Traditional, Walmart or in-line restaurant in a high-density market. This includes $10,000 to $50,000 that must be paid to the franchisor or an affiliate, plus $10,000 for each additional restaurant that you agree to develop under a development agreement.
    Veteran Incentives  Franchise fee waived
    ""     "Top     "Entrepreneur
    #11 in Gator's Top franchises.
    In Franchise Business Reviews Top 200.

    "franchiserankingscom"
    #76 on Franchise Rankings.com
    #198 in Franchise 500 for 2020.
    #162 in Franchise 500 for 2021.






    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.