Great Wraps
Great Wraps
4 Executive Park E., # 315
Atlanta, GA 30329
800#: (888) 489-7277
Tel: (404) 248-9900 + 16
Fax: (404) 248-0180
E-Mail: [email protected]
Web Site: www.greatwraps.com
Contact: Mr. Dan Reed, Director Franchise Development
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-like the Santa Fe Chicken Wrap, our signature GyroWrap, BuffaloWrap and Grilled PhillyCheesesteaks. Our operation is extremely efficient and so simple to learn, you don't even need prior food experience.
Franchisor Background
Established: 1978
First Franchise: 1986
Franchise Units: 86
Company-Owned Units: 1
Total Units: 87
Distribution:
U.S. -- 86;
Canada -- 0;
International -- 0
-North America -- Operations in 23 States
-States/Provinces with Greatest Density: 29 in GA, 13 in CA, 6 in FL
Projected New Units Over Next 12 months: 35
Franchisee Qualifications: 5, 3, 3, 3, 4, 4
(Click here for an explanation)
Registered in Following Registration States: CA,IL,MD,MI,NY,VA (Click here for an explanation)
Average Number of Employees: 5 FT, 6 PT (FT = Full Time, PT = Part Time)
Space Needs: 600-1,500 SF; RM, SC, Airport, Univer.
(Click here for abbreviations)
Encourage Conversion: Yes
Financial Requirements
Cash Investment: $70-80K
Total Investment: $210-310K
Average Total Investment: $260.0K
Minimum Net Worth: $250K
Fees:
-Franchise: $19.5K
-Average Franchise Fee: $19.5K
-Royalty: 5.5%
-Average Royalty: 5.5%
-Advertising: .5%
Provide Earning Claim Statement: No
Terms of Contract
Term of Contract (Years): 15/10
Passive Ownership: Discouraged
Area Development Agreements: Yes/15 Yrs.+
Sub-Franchising Contracts: Yes
Expand In Territory: Yes
Franchisor Support and Training Provided
Site Selection Assistance: Yes
Lease Negotiation Assistance: Yes
Financial Assistance: Yes(I)
Cooperative Advertising: Yes
International Franchise Association: IFA MEMBER
Canadian Franchise Association:
Franchisee Association / Member: Yes
Size Of Corporate Staff: 13
On-Going Support: B,C,D,E,G,H (Click here for an explanation)
Training: 3 Weeks Atlanta, GA.
Franchisor's Specific Expansion Plans
U.S.: Nationwide
Canada: No
Overseas: No
Note: NR = No Response by Franchisor.
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