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Updated RecentlyMega Wraps vs Hummus & Pita Co Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Mega Wraps vs Hummus & Pita Co including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $189,000 | $409,000 - $734,500 |
| Franchise Fee | $10,000 | $40,000 |
| Royalty Fee | 6% | 6% |
| Advertising Fee | 2% | 3% |
| Year Founded | 1998 | 2011 |
| Year Franchised | 1999 | 0 |
| Term Of Agreement | 5 Years +5 | - |
| Term Of Agreement | 5 Years +5 | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | - | Prospective franchisees must meet the minimum requirements listed below in order to be considered for a Hummus & Pita Co. franchise. * $1MM net worth * $500K liquid capital available for investment * Willing to develop a territory of at least 5 Units * Ready to begin territory development within the next 3 months |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | -/- | -/- |
| Start-up Costs | -/- | -/- |
| Equipment | -/- | -/- |
| Inventory | -/- | -/- |
| Receivables | -/- | -/- |
| Payroll | -/- | -/- |
Training & Support |
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| Training | - | - |
| Support | - | The Hummus & Pita Co. is committed to quality and consistency at every location and has developed systems which make duplicating the famous recipes and flavors easy for franchisees. We use best-in-class partners to guarantee product consistency and distribution to all restaurants. Additional support provided to franchisees includes: * Real Estate/Site Selection * Store Build-Out/Construction * Training Systems * Operational Support * Recipe and Menu Development * Marketing and Brand Building * Vendor and Equipment Selection * Point of Sale System * Pre-Opening/Grand Opening Support * Business Consulting |
| Marketing | - | - |
| Operations | Average Number of Employees: 2 Full-time, 4 Part-time | - |
Expansion Plans |
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| US Expansion | Yes | Yes |
| Canada Expansion | Yes | - |
| International Expansion | - | - |
Company Overviews
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.
About Hummus & Pita Co
Hummus & Pita Co. is the largest and fastest growing Mediterranean
fast casual restaurant. Hummus & Pita Co. Serves 100% homemade, fresh,
innovative, and health-focused Mediterranean cuisine in an inviting and
contemporary environment. High quality, authentically flavorful ingredients blend to
create complex, indulgent, and guilt-free flavors with a modern-American
service style.
When you enter The Hummus & Pita Co., you’ll be greeted by the aroma of freshly baked Pita
and Laffa bread (flatbread baked in a taboon oven) wafting through the air. Executive chef Jose
Tapia's menu draws its inspiration from across the Mediterranean and beyond, with nods to
Greece, Israel, Morocco and the Middle East. Fresh ingredients inspire daily specials, and
everything served at The Hummus & Pita Co. is made from scratch onsite.