Great Wraps Franchise

Wrap sandwiches

AAPL Price Today by TradingView
Great Wraps served its first hot wrapped sandwich in 1974, providing customers with a quick alternative to hamburgers. Today the company offers a menu that includes tortilla and pita wraps, cheesesteaks and smoothies.

ABC INC

ABC-CO - NASDAQ

$129.55 USD
+0.25 (+0.20%)
$129.55
$129.55


It's time to give yourself permission to build your days around what's important to you! You're in Control!
For more information, complete our FREE FRANCHISE ADVICE form!
 
Please Note: The operators of Great Wraps, may not have verified the accuracy of the Franchise information contained within this website. For accurate up-to-date information, investors are strongly recommended to visit the official Great Wraps website.

How much does it cost to open a Great Wraps Franchise ?

The investment required to open a Great Wraps Franchise is between $159,500 - $485,500 . There is an initial franchise fee of $22,500 which grants you the license to run a business under the Great Wraps name.

Individual Franchise Costs

  • Initial Investment:
    $159,500 -
  • Initial Franchise Fee:
    $22,500
  • Royalty Fee:
    5.50%
  • Term of Agreement:
    15 years
  • Renewal Fee:
    $5,000

Expense In-House Third Party
Franchise Fee No Yes
Startup Costs No Yes
Equipment No Yes
Inventory No Yes
Accounts Receivable No No
Payroll No No

Training
Our two-week Training Program is extremely thorough and easy to follow.

Support
Once you're open for business, we're sure that you'll find the Great Wraps a simple business to operate and our supports systems incredibly effective.

Great Wraps Growth History

When did the first Great Wraps open? 1974
When did Great Wraps start Franchising ? 1983

Year U.S.A. Canada International Corporate
2006 86 0 0 1
2005 76 0 0 1
2004 61 0 0 1
2003 57 0 0 0

All you need is a willingness to follow our proven systems, good communication skills, and a passion for excellence - we'll teach you the rest. Existing liquid assets (CASH) of at least $100,000 and a net worth of $250,000. With that, you are then well-positioned to approach the Lender for the rest.


How much does a Great Wraps Franchise owner make?

How much money you could make as a Great Wraps Franchise owner depends on a wide variety of factors. As a business owner, your primary goals are to strive for high sales while keeping your oper_ating costs as low as possible while still maintaining quality products and service. The monthly oper_ating costs that you will incur as a Great Wraps Franchise owner may include royalty fees, rent or mortgage, staffing, products, supplies, utilities, administrative costs and other things. Although your monthly oper_ating costs may vary from month to month, your start up costs are typically fixed and they will cover the majority of your initial oper_ating equipment, signage, and renovations.

Initial Investment
$22,500 - $485,500
Initial Franchise Fee
$22,500
Royalty Fee
5.50%
Term of Agreement
15 years
Renewal Fee
$5,000
Great Wraps Franchise Opportunity viewed times by investors.
 

Legal Disclaimer: This information is not a franchise offering for Great Wraps and should not be construed as such. The Franchise Mall makes every effort to maintain accurate franchise data but does not guarantee nor assume liability for incorrect data. We recomend that anyone seriously interested in pursuing a Great Wraps franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.