Mr. Empanada vs Mega Wraps Franchise Comparison

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

Start-Up Costs and Fees

 
Mr. Empanada Franchise
Mega Wraps Franchise
Investment $190,500 - $293,500$189,000
Franchise Fee $35,000$10,000
Royalty Fee 3% or $5006%
Advertising Fee 2%2%
Year Founded 20031998
Year Franchised 20031999
Term Of Agreement -5 Years +5
Term Of Agreement -5 Years +5
Renewal Fee --


Business Experience Requirements

 
Mr. Empanada Franchise
Mega Wraps Franchise
Experience --

Financing Options

 
Mr. Empanada Franchise
Mega Wraps Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
Mr. Empanada Franchise
Mega Wraps Franchise
Training --
Support --
Marketing --
Operations -Average Number of Employees: 2 Full-time, 4 Part-time Passive Ownership: Allowed, But Discouraged

Expansion Plans

 
Mr. Empanada Franchise
Mega Wraps Franchise
US Expansion -Yes
Canada Expansion -Yes
International Expansion --

Company Overviews

About Mr. Empanada

Mr. Empanada Inc. is a family owned, rapidly growing, small business.
Their company owned manufacturing facility produces all the empanadas and other pre-prepared food items to be sold to the franchisees, thus assuring quality and consistency throughout the system. Additionally, they own Mr. Empanada Franchise Corp., which is responsible for selling, training and coordinating new and potential franchise locations.
Mr. Empanada Inc. takes pride in their restaurants and extreme care in the manufacture and preparation of their food items, demonstrating their total commitment to the brand and reputation. As a result Mr. Empanada has enjoyed excellent reviews in Tampa’s premier publications such as The Tampa Tribune and Weekly Planet.
From a historical perspective of Mr. Empanada Fast food with a Latin flair, our convenient-to-eat, high quality empanadas, cuban sandwiches and salads, make for a simple operation which food customers love...especially children.


About Mega Wraps

Mega Wraps is defining a healthy outlook on the quick service restaurant. With the current customer trends in mind, Mega Wraps features a variety of Pita Wrap offerings. Founded in Toronto, Ontario, Canada, Mega Wraps is poised to establish itself as an industry leader across North America.