Tastee Freez vs Mega Wraps Franchise Comparison

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

Start-Up Costs and Fees

 
Tastee Freez Franchise
Mega Wraps Franchise
Investment $40,000 - $900,000$189,000
Franchise Fee $10,000 - $20,000$10,000
Royalty Fee 5%6%
Advertising Fee 3%local + 1% Nat'l2%
Year Founded 19501998
Year Franchised 01999
Term Of Agreement 20 years5 Years +5
Term Of Agreement 20 years5 Years +5
Renewal Fee --


Business Experience Requirements

 
Tastee Freez Franchise
Mega Wraps Franchise
Experience --

Financing Options

 
Tastee Freez Franchise
Mega Wraps Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
Tastee Freez 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

 
Tastee Freez Franchise
Mega Wraps Franchise
US Expansion -Yes
Canada Expansion -Yes
International Expansion --

Company Overviews

About Tastee Freez

Tastee Freez is ready to grow an exciting and energetic concept. Tastee Freez still offers the traditional great tasting treats and grilled items that made us famous with state-of-the-art equipment and new brand imaging. Now is the time to join the Tastee Freez family!

In addition to our traditional Tastee freez concept, Tastee Freez also offers an exciting co-branding opportunity for existing restaurant concepts. For an initial fee of $5,000 you can add Tastee Freez soft serve to your existing restaurant menu. All other fees remain the same. You need only four linear feet to add Tastee Freez to your concept.

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.