| ||||
Updated RecentlyGreat Wraps vs Austin Grill Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Great Wraps vs Austin Grill including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $159,500 - $485,500 | $1,807,000 - $2,790,000 |
| Franchise Fee | $22,500 | N/A |
| Royalty Fee | 5.5% | - |
| Advertising Fee | - | - |
| Year Founded | 1974 | 1988 |
| Year Franchised | 1983 | 2007 |
| Term Of Agreement | 15 years | - |
| Term Of Agreement | 15 years | - |
| Renewal Fee | $5000 | - |
Business Experience Requirements |
||
| 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 |
||
| 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 |
||
| Training | Our two-week Training Program is extremely thorough and easy to follow. | - |
| 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 |
||
| US Expansion | - | - |
| Canada Expansion | No | - |
| International Expansion | 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 Austin Grill
With over 20 years of Tex-Mex tradition under our belt, you know we do it right. At Austin Grill, you'll find the food that generations of Texans have come to expect - with an Austin twist: fresh, made-from-scratch Tex-Mex. Specialty margaritas with real lime - no store-bought mixes. Hand rolled enchiladas. Fifteen different homemade salsas, sauces, and dressings. Fresh off the farm ingredients. And, of course, our authentic charbroiled chicken wings. Come for lunch or dinner and enjoy our house specialties - Austin style - like our Chili-crusted Tuna, Carne Asada, or our new Austin Slopper. Try our weekend brunch packed with all your southern favorites, like our homemade migas, cornmeal pancakes, and huevos rancheros. Stop on by and enjoy some of Austin Grill's best - for Tex-Mex. So Fresh, You'll Blush.