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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 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
North America:
States/Provinces with the largest number of operating units:
Registered in Following Registration States: California, Illinois, Maryland, Michigan, New York, Virginia
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?: No
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: | 86 | 98.9% | | ||||||||||||||||||||||||||||
| Company-Owned Units: | 1 | 1.1% | |||||||||||||||||||||||||||||
Total Operating Units: | 87 | 100.0% | |||||||||||||||||||||||||||||
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States/Provinces with the largest number of operating units:
| Density | Units |
| 1. Virginia | 8 |
| 2. Florida | 8 |
| 3. Georgia | 29 |
Registered in Following Registration States: California, Illinois, Maryland, Michigan, New York, Virginia
Financial Requirements
| Investment: | |
| Minimum Net Worth: | $250K |
| Cash Investment: | $70-80K |
| Total Investment: | $228-335K |
| Average Total Investment: | $280K |
| Fees: | |
| Initial Franchise Fee: | $22.5K |
| 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?: No
| 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: | 13 | ||||||||
| 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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