Fit for Life vs Mega Wraps Franchise Comparison

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

Start-Up Costs and Fees

 
Fit for Life Franchise
Mega Wraps Franchise
Investment $180,000 - And Up$189,000
Franchise Fee N/A$10,000
Royalty Fee 7%6%
Advertising Fee 0%2%
Year Founded -1998
Year Franchised -1999
Term Of Agreement -5 Years +5
Term Of Agreement -5 Years +5
Renewal Fee --


Business Experience Requirements

 
Fit for Life Franchise
Mega Wraps Franchise
Experience --

Financing Options

 
Fit for Life Franchise
Mega Wraps Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
Fit for Life Franchise
Mega Wraps Franchise
Training --
Support At Fit for Life, we fully understand the needs of a Franchisee "Business Person" and further understand that change in the business environment is constant and indeed needed. Fit for Life Head Office personnel are available on an ongoing basis to aid and assist in all levels of management for the benefit of the Franchisee.-
Marketing --
Operations -Average Number of Employees: 2 Full-time, 4 Part-time Passive Ownership: Allowed, But Discouraged

Expansion Plans

 
Fit for Life Franchise
Mega Wraps Franchise
US Expansion -Yes
Canada Expansion -Yes
International Expansion --

Company Overviews

About Fit for Life

Fit for Life is a fast food concept catering to the health and nutrition conscious consumer. The menu focuses primarily on nutrition developed around the Wrap sandwich prepared with organically made bread, with no chemicals or preservatives. The Fit for Life menu items are endorsed by the Heart and Stroke Foundation and have earned an excellent reputation through many satisfied customers. The Fit for Life franchise is protected under federal and provincial trademark laws. It offers an exciting and outstanding opportunity to become part of a highly successful and rapidly growing fast food industry. Fit for Life's unique concept responds to the increasing consumers demand for a high quality nutritious product provided in an attractive, efficient format.

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.