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Updated RecentlyGreat Wraps vs 3 Potato 4 Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Great Wraps vs 3 Potato 4 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 | $86,000 - $110,000 |
| Franchise Fee | $22,500 | N/A |
| Royalty Fee | 5.5% | - |
| Advertising Fee | - | - |
| Year Founded | 1974 | - |
| Year Franchised | 1983 | - |
| Term Of Agreement | 15 years | - |
| Term Of Agreement | 15 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. | - |
| 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 | - | 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 3 Potato 4
3 Potato 4 is a brilliant, organic, baked-not-fried Potato-Fries company that serves a variety of gluten free, 99% fat free, non-gmo, hot & crunchy potato snacks. We thrive in our creative approach towards organic sustainability. All items are vegan or vegetarian, including our made-in-house signature dipping sauces. Try Chipotle Mayo, Curry Ketchup, Chinese Firecracker, Big Bang or one of our daily inventions. Many sauces are fat free, and all are gluten free, same goes for our soups and desserts! We offer a potato super food in an eco-responsible and sustainable fashion. All this, accompanied by unique dipping sauces, a clever environment and a fun, 1950's Sci-Fi atmosphere. Very biodynamic, Very sustainable, Very smart. An Affordable, Simple Investment. 3 Potato 4 is taking the quick foods industry to a new level. 3 Potato 4 is a streamlined, eco-wise franchise. Here are just a few reasons why everyone wants their very own 3 Potato 4 "Space Station": * Affordable: You can open a shop for as low as $86,000. * Efficient: Typically, a "Space Station" only needs 500 sq ft to operate, keeping rent costs to a minimum. Labor costs remain low due to our streamlined process. * Simple: All organic potato-fries are baked in one unit, streamlining efficiency. Served in three sizes of paper cones, completely sustainable and bio-ready. Options: Choose the business model that suits your needs and budget. We offer different models designed to adapt in any situation.