Total investment:
$ 159,500
Franchise fee:
$ 22,500
Royalty fee:
5.50%
Marketing fee:
$ 0
Number of franchises
Return
Time period
Revenue:
$ 12 000*
* Calculator calculations are provisional, not guaranteed
MAIN INFORMATION
Year founded: 1974
Franchise since: 1983
Company owned units:
Franchise owned units: 50
Total number of units:
Number of employees per unit: 8-10
Contract period: 60 month
FRANCHISE ONLINE
WEBSITEGreat Wraps offers a menu that includes tortilla and pita wraps, cheesesteaks and smoothies, wrapped sandwiches, bowls & salads. The company served its first hot wrapped sandwich in 1974. They also provides franchise opportunities. As of 2018, the company operates 50 franchises in the United States.
On-The-Job Training: 105 hours
Classroom Training: 20 hours
Net-worth Requirement: $400,000
Liquid Cash Requirement: $125,000 Ad Royalty Fee: 0.5%