Great Wraps vs Pretzel Time Franchise Comparison

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

Start-Up Costs and Fees

 
Great Wraps Franchise
Pretzel Time Franchise
Investment $159,500 - $485,500$145,000 - $254,000
Franchise Fee $22,500$25,000
Royalty Fee 5.5%7%
Advertising Fee -1-3%
Year Founded 19741991
Year Franchised 19831992
Term Of Agreement 15 years7 years
Term Of Agreement 15 years7 years
Renewal Fee $5000-


Business Experience Requirements

 
Great Wraps Franchise
Pretzel Time Franchise
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.

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Financing Options

 
Great Wraps Franchise
Pretzel Time 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

 
Great Wraps Franchise
Pretzel Time Franchise
Training

Our two-week Training Program is extremely thorough and easy to follow.

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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.

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Marketing --
Operations --

Expansion Plans

 
Great Wraps Franchise
Pretzel Time Franchise
US Expansion --
Canada Expansion NoNo
International Expansion NoNo

Company Overviews

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.

About Pretzel Time

Pretzel Time introduced their famous soft pretzel in 1991 and have grown to become leaders in the soft pretzel category, specializing in offering steaming hot, fresh-baked, fresh twisted pretzels, pretzel dogs, freshly squeezed lemonade, and cold beverages all over the world. Pretzel Time operates over 190 stores located in 30 states and five international locations. NexCen added Pretzel Time to its QSR segment in August 2007. With the brand's commitment to fresh quality products and innovative new menu items, NexCen's marketing and branding experts will build the pretzel business beyond "just the pretzel concept in the mall," into a unified brand with strong positioning, a product innovation focus and a compelling look and feel. NexCen plans to elevate the pretzel business in consumers' minds in both the domestic and international marketplace. For more information, please visit www.pretzeltime.com