Fast Eddie's vs Mega Wraps Franchise Comparison

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

Start-Up Costs and Fees

 
Fast Eddie's Franchise
Mega Wraps Franchise
Investment $245,000 - $295,000$189,000
Franchise Fee $25,000$10,000
Royalty Fee -6%
Advertising Fee -2%
Year Founded 19871998
Year Franchised 19871999
Term Of Agreement -5 Years +5
Term Of Agreement -5 Years +5
Renewal Fee --


Business Experience Requirements

 
Fast Eddie's Franchise
Mega Wraps Franchise
Experience --

Financing Options

 
Fast Eddie's Franchise
Mega Wraps Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
Fast Eddie's 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

 
Fast Eddie's Franchise
Mega Wraps Franchise
US Expansion -Yes
Canada Expansion -Yes
International Expansion --

Company Overviews

About Fast Eddie's

Fast Eddie's: A unique twin drive thru fast food concept, serving proprietary menu items, BigXtreme Burgers, CrazyFrys, and WildShakes.

Lowest Royalty Structure, full support and a history of Success since 1987.

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.