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Updated RecentlyGreat Wraps vs Pretzelmaker Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Great Wraps vs Pretzelmaker including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $159,500 - $485,500 | $205,200 - $327,000 |
| Franchise Fee | $22,500 | $15,000 - $25,000 |
| Royalty Fee | 5.5% | 7% |
| Advertising Fee | - | 1.5% |
| Year Founded | 1974 | 1991 |
| Year Franchised | 1983 | 1992 |
| Term Of Agreement | 15 years | 7 years |
| Term Of Agreement | 15 years | 7 years |
| Renewal Fee | $5000 | - |
Business Experience Requirements |
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| 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 |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/Yes | -/- |
| Start-up Costs | No/Yes | -/- |
| Equipment | No/Yes | -/- |
| Inventory | No/Yes | -/- |
| Receivables | No/No | -/- |
| Payroll | No/No | -/- |
Training & Support |
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| Training | Our two-week Training Program is extremely thorough and easy to follow. | The company requires successful completion of a 5 day training program offered in Norcross, GA, as well as a 3 day in-store training session. |
| 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. | - |
| Marketing | - | - |
| Operations | - | - |
Expansion Plans |
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| US Expansion | - | - |
| Canada Expansion | No | No |
| International Expansion | No | No |
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 Pretzelmaker
Pretzelmaker have developed to end up pioneers in the delicate pretzel class, spend significant time in offering steaming hot, crisp heated, new curved pretzels, pretzel canines, newly crushed lemonade, and chilly drinks everywhere throughout the world. Pretzel Time works more than 190 stores situated in 30 states and five global areas. Pretzelmaker stores can be found in more than 190 areas in 33 states and two nations. NexCen added Pretzelmaker to its QSR fragment in August 2007. With the brand's dedication to crisp quality items and imaginative new menu things, NexCen's advertising and marking specialists will manufacture the pretzel business past "simply the pretzel idea in the shopping center," into a brought together brand with solid situating, an item development center and a convincing look and feel. NexCen arrangements to raise the pretzel business in purchasers' psyches in both the household and worldwide commercial center.