Start-Up Costs and Fees |
||
| Wild Noodles | Mega Wraps | |
| Investment | 273500 - 350000 | 189000 - 189000 |
| Franchise Fee | ||
| Royalty Fee | 5% | 6% |
| Advertising Fee | 2% | |
| Year Founded | 2001 | 1998 |
| Year Franchised | 2003 | 1999 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Wild Noodles | Mega Wraps | |
| Experience | Past management experience | |
Financing Options |
||
| Wild Noodles | Mega Wraps | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Wild Noodles | Mega Wraps | |
| Training | ||
| Support | Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | |
| Marketing | Co-op advertising, Ad slicks, Regional advertising | |
| Operations | Franchisees required to buy multiple units/master licenses; 100% of all franchisees own more than one unit Number of employees needed to run franchised unit: 12 - 15 Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) | Average Number of Employees: 2 Full-time, 4 Part-time Passive Ownership: Allowed, But Discouraged |
Expansion Plans |
||
| Wild Noodles | Mega Wraps | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | |
| Canada Expansion | 0 | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Wild Noodles | |
| Mega Wraps | |
| Franchise Fee | |
| Wild Noodles | |
| Mega Wraps | |
| Royalty Fee | |
| Wild Noodles | 5% |
| Mega Wraps | 6% |
| Advertising Fee | |
| Wild Noodles | |
| Mega Wraps | 2% |
| Year Founded | |
| Wild Noodles | 2001 |
| Mega Wraps | 1998 |
| Year Franchised | |
| Wild Noodles | 2003 |
| Mega Wraps | 1999 |
| Term Of Agreement | |
| Wild Noodles | 20 years |
| Mega Wraps | 5 Years +5 |
| Renewal Fee | |
| Wild Noodles | 1/2 of current franchise fee |
| Mega Wraps | |
Business Experience Requirements |
|
| Experience | |
| Wild Noodles | Past management experience |
| Mega Wraps | |
Financing Options |
|
| Franchise Fees | |
| Wild Noodles | No |
| Mega Wraps | No |
| Start-up Costs | |
| Wild Noodles | |
| Mega Wraps | |
| Equipment | |
| Wild Noodles} | |
| Mega Wraps | |
| Inventory | |
| Wild Noodles | |
| Mega Wraps | |
| Receivables | |
| Wild Noodles | |
| Mega Wraps | |
| Payroll | |
| Wild Noodles | |
| Mega Wraps | |
Training & Support |
|
| Training | |
| Wild Noodles | |
| Mega Wraps | |
| Support | |
| Wild Noodles | Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Mega Wraps | |
| Marketing | |
| Wild Noodles | Co-op advertising, Ad slicks, Regional advertising |
| Mega Wraps | |
| Operations | |
| Wild Noodles | Franchisees required to buy multiple units/master licenses; 100% of all franchisees own more than one unit Number of employees needed to run franchised unit: 12 - 15 Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) |
| Mega Wraps | Average Number of Employees: 2 Full-time, 4 Part-time Passive Ownership: Allowed, But Discouraged |
Expansion Plans |
|
| US Expansion | |
| Wild Noodles | |
| Mega Wraps | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Canada Expansion | |
| Wild Noodles | 0 |
| Mega Wraps | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory |
| International Expansion | |
| Wild Noodles | |
| Mega Wraps | |