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Updated RecentlyGreat Wraps vs Jimboy's Tacos Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Great Wraps vs Jimboy's Tacos 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 | $375,000 - $1,379,000 |
| Franchise Fee | $22,500 | $35,000 |
| Royalty Fee | 5.5% | 5% |
| Advertising Fee | - | 3% |
| Year Founded | 1974 | 1954 |
| Year Franchised | 1983 | 1965 |
| Term Of Agreement | 15 years | 15 years +5+5 |
| Term Of Agreement | 15 years | 15 years +5+5 |
| 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. | 1. Corporate Training Rest. Folsom, CA 96 Hours 2. Corporate Office, Roseville, CA 32 Hours |
| 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. | Central Purchasing Field Operation Evaluation Field Training Initial Store Opening Franchisee Newsletter Regional or National Meetings 800 Telephone Hotline |
| Marketing | - | - |
| Operations | - | Average Number of Employees: 4-10 Full-time, 6-12 Part-time Passive Ownership: Allowed, But Discouraged |
Expansion Plans |
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| US Expansion | - | Yes |
| 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 Jimboy's Tacos
JIMBOY'S TACOS - famous, award-winning tacos. Maintaining a proven conept through 50 years of commitment to excellent food and service. Cooked fresh daily using high-quality ingredients. Our franchisees are given a very thorough and extensive hands-on classroom training program. Strong on-going, in-store support. Franchisees required to attend our classroom training every other month at our corporate office. We offer free-standing concepts with drive-up windows, also end-cap concepts in strip centers.