|
Below is an in-depth analysis and side-by-side comparison of Rumbi Island Grill vs Mega Wraps including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $350,000 - $495,500 | $189,000 |
Franchise Fee | $35,000 | $10,000 |
Royalty Fee | 5%-8% | 6% |
Advertising Fee | 2% | 2% |
Year Founded | - | 1998 |
Year Franchised | - | 1999 |
Term Of Agreement | - | 5 Years +5 |
Term Of Agreement | - | 5 Years +5 |
Renewal Fee | - | - |
Business Experience Requirements |
||
Experience | - | - |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
||
Training | Rumbi offers an 8-week General Manager Training Program as well as in-depth team-member training for all positions. Additional information regarding this training program will be made available to approved Rumbi Franchisees and Area Developers. | - |
Support | - | - |
Marketing | - | - |
Operations | - | Average Number of Employees: 2 Full-time, 4 Part-time |
Expansion Plans |
||
US Expansion | - | Yes |
Canada Expansion | - | Yes |
International Expansion | - | - |
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.