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Worldly Wraps
1814 Franklin St., # 820
Oakland, CA 94612
800#:
Tel: (510) 839-5462
Fax: (510) 839-2104
E-Mail: [email protected]
Web Site: www.worldlywraps.com
Contact: Ms. Peyton A. Hamilton, President
Truly the world's best wraps! 17 different varieties. Also, smoothies and health drinks. Low start-up cost. Exceptional training and on-going support. This is a new market that has not yet been tapped. Take advantage of our concept and our growth program. Option to expand within territory.
Franchisor Background
Established: 1994
First Franchise: 1995
Franchise Units: 24
Company-Owned Units: 6
Total Units: 30
Distribution:
U.S. -- 30;
Canada -- 0;
International -- 0
-North America -- Operations in 6 States
-States/Provinces with Greatest Density: 10 in KY, 4 in TN, 2 in IN
Projected New Units Over Next 12 months: 4
Franchisee Qualifications: , , , , ,
(Click here for an explanation)
Registered in Following Registration States: CA,FL,IL,MN,WA (Click here for an explanation)
Average Number of Employees: 2 FT, 8 PT (FT = Full Time, PT = Part Time)
Space Needs: 3,000-4,000 SF; FS
(Click here for abbreviations)
Encourage Conversion: Yes
Financial Requirements
Cash Investment: $90-120K
Total Investment: $200-280K
Average Total Investment: $240.0K
Minimum Net Worth: $100K
Fees:
-Franchise: $19.5K
-Average Franchise Fee: $19.5K
-Royalty: 6%
-Average Royalty: 6.0%
-Advertising: 1%
Provide Earning Claim Statement: No
Terms of Contract
Term of Contract (Years): 10/10
Passive Ownership: Not Allowed
Area Development Agreements: Yes/10
Sub-Franchising Contracts: No
Expand In Territory: No
Franchisor Support and Training Provided
Site Selection Assistance: Yes
Lease Negotiation Assistance: Yes
Financial Assistance: Yes(I)
Cooperative Advertising: Yes
International Franchise Association:
Canadian Franchise Association:
Franchisee Association / Member: NR
Size Of Corporate Staff: 21
On-Going Support: A,B,C,D,E,F,G,H,I (Click here for an explanation)
Training: 8 Weeks Headquarters; 3 Weeks Pre-0pening; On-Going.
Franchisor's Specific Expansion Plans
U.S.: South, Southeast
Canada: No
Overseas: No
Note: NR = No Response by Franchisor.
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