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Home >> Fast Food Restaurants >> Sub Shops
 Great Wraps 4 Executive Park E., # 315 Atlanta, GA 30329 |
Submit an online form to receive information from Great Wraps.
• Coupons • Promotional Items |
Business Description
GREAT WRAPS is the #1 Hot Wrapped Sandwich & Grilled Cheesesteak 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. *Recession Buster: We are offering ALL NEW FRANCHISEES 50% off the franchise fee (now only $11,250) and 3 months NO ROYALTIES for agreements signed April 15th through December 31st, 2010.
Franchisor Background
Year Established: 1978
Franchising Since: 1986
North America:
States/Provinces with the largest number of operating units:
Registered in Following Registration States: California, Illinois, Maryland, Michigan, New York, Virginia, Washington
Financial Requirements
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?: Yes
GREAT WRAPS is the #1 Hot Wrapped Sandwich & Grilled Cheesesteak 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. *Recession Buster: We are offering ALL NEW FRANCHISEES 50% off the franchise fee (now only $11,250) and 3 months NO ROYALTIES for agreements signed April 15th through December 31st, 2010.
Franchisor Background
Year Established: 1978
Franchising Since: 1986
| Operating Units: | |||||||||||||||||||||||||||||||
Franchised Units: | 69 | 98.6% | | ||||||||||||||||||||||||||||
| Company-Owned Units: | 1 | 1.4% | |||||||||||||||||||||||||||||
Total Operating Units: | 70 | 100.0% | |||||||||||||||||||||||||||||
| |||||||||||||||||||||||||||||||
States/Provinces with the largest number of operating units:
| Density | Units |
| 1. Florida | 8 |
| 2. Georgia | 19 |
| 3. Texas | 8 |
Registered in Following Registration States: California, Illinois, Maryland, Michigan, New York, Virginia, Washington
Financial Requirements
| Investment: | |
| Minimum Net Worth: | $250K |
| Cash Investment: | $100K |
| Total Investment: | $225-350K |
| Average Total Investment: | $288K |
| Fees: | |
| Initial Franchise Fee: | $22.5K *See special above |
| Average Franchise Fee: | $22K |
| On-Going Royalty: | 5.5% |
| Average Royalty: | 5% |
| Advertising Fee: | .5% |
Space Needs (in square footage): 600-2,000
Preferred Sites: Strip Center, Regional Mall
Other Sites: Airport, University
Encourage Conversions? Yes
Earnings Claims Provided?: Yes
| Franchisee Qualifications | |||||||||
Ranked from 1 (unimportant) to 5 (important): | |||||||||
| Financial Net Worth: | 5 | ||||||||
| General Business Experience: | 3 | ||||||||
| Specific Industry Experience: | 3 | ||||||||
| Formal Education: | 3 | ||||||||
| Psychological Profile: | 4 | ||||||||
| Personal Interview(s): | 4 | ||||||||
| Terms of Contract | |||||||||
| Term of Initial Contract: | 15 Year(s) | ||||||||
| Term of Renewal Period: | 10 Year(s) | ||||||||
| Passive Ownership: | Allowed, But Discouraged | ||||||||
| Area Development Agreements? | No | ||||||||
| Sub-Franchising Contracts? | Yes | ||||||||
| Franchisees Allowed to Expand Within Territory? | Yes | ||||||||
| 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 | ||||||||
| Additional Services: | Grand Opening, In-house Marketing, Marketing Research, Online Extranet, Press Releases, Sales Strategies | ||||||||
| Other Marketing Support: | None Specified | ||||||||
| On-Going Support: | |||||||||
| Central Data Processing: | Not Applicable | ||||||||
| Central Purchasing: | Not Applicable | ||||||||
| Field Operation Evaluation: | Included in Fees | ||||||||
| Field Training: | Included in Fees | ||||||||
| Initial Store Opening: | Included in Fees | ||||||||
| Inventory Control: | Not Applicable | ||||||||
| Franchisee Newsletter: | Included in Fees | ||||||||
| Regional or National Meetings: | Included in Fees | ||||||||
| 800 Telephone Hotline: | Not Applicable | ||||||||
| Training: | |||||||||
| 1. Atlanta, GA | 2 Weeks | ||||||||
| Expansion Plans | |||||||||
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Submit an online form to receive information from Great Wraps.
• Coupons • Promotional Items |
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