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GREAT WRAPS is the #1 Hot Wrapped Sandwich & Grilled Sub Franchise, and is experiencing rapid growth. That's because we offer a franchise opportunity that is unique and proven . . . and provides tremendous growth potential. We feature a powerful menu that is fresher and tastier than traditional fast food . . . and our Great Wraps Spice Bar lets customers custom-flavor their fries. No one else offers this level of choice. Our operation is extremely efficient, and is so simple to learn, you don't even need prior food experience.
Franchisor Background
Year Established:
1978
Franchising Since:
1986
Operating Units:
Franchised Units:
70
97.2%
Company-Owned Units:
2
2.8%
______
_____
Total Operating Units:
72
100%
Geographic Distribution:
U.S.:
72
100%
In 20 States
Canada:
0
0%
In 0 Canadian Provinces
International:
0
0%
In 0 Foreign Countries
______
_____
Total:
72
100%
North America:
States/Provinces with the largest number of operating units:
Density
Units
1. Georgia
25
2. Florida
10
3. Virginia
7
Registered in Following Registration States:
Illinois, Maryland, New York, Virginia
Financial Requirements
Investment:
Minimum Net Worth:
$250K
Cash Investment:
$70-80K
Total Investment:
$230-338K
Average Total Investment:
$285K
Fees:
Initial Franchise Fee:
$22.5K
Average Franchise Fee:
$22K
On-Going Royalty:
5.5%
Average Royalty:
5%
Advertising Fee:
.5%
Average Number of Employees:
5 Full-time, 6 Part-time
Space Needs (in square footage):
600-2,000
Preferred Sites:
Strip Center, Regional Mall
Other Sites:
Airport, University
Encourage Conversions?
Yes
Earnings Claims Provided?
No
Listed in the SBA Registry?
No
Support and Training
International Franchise Association:
Yes
Canadian Franchise Association:
No
Franchisee Association/Member:
Yes, Member
Size of Corporate Staff:
8
Site Selection Assistance?
Yes
Lease Negotiation Assistance?
Yes
Financial Assistance?
Yes, Indirect
Marketing Support:
Co-Op Advertising:
Yes
National Advertising:
No
Regional Advertising:
No
Local Advertising:
Yes
Marketing Materials:
Ad Slicks, Coupons/rebates, Direct Mailers, Radio Ads, Television Ads