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Great Wraps
At GREAT WRAPS It’s All About Flavor! We use zesty, hot combinations of top-quality meats, real melted cheese, fresh produce and hand-made sauces. GREAT WRAPS is already the number one Wrapped Sandwich and Hot Cheesesteak franchise and have taken our Brand and Operation to the next level. Our franchise opportunity is unique, proven and provides tremendous growth potential. We just rolled out beautiful eye catching new designs, a fresh Logo and a revolutionary new hoodless cooking system that offers tons of operational efficiencies that you can’t find anywhere else. All three day parts of our powerful menu are now prepared using only space aged convection ovens. This mean no vent hoods, no unhealthy fryers or oil, no grills and no grease traps. It also means we can open in pretty much any type of location. The end product is fresher, tastier and far more healthy than traditional fast food. Customers can choose from fresh Salads to amazing hot Cheesesteaks; its hard to find this level of choice anywhere else. Our operation is extremely efficient, and literally push button easy. You don't even need prior food experience.
Franchisor Background
Year Established:
1978
Franchising Since:
1981
IFA Member
Operating Units:
Franchised Units:
80
100%
Company-Owned Units:
0
0%
______
_____
Total Operating Units:
80
100%
Geographic Distribution:
U.S.:
80
100%
In 20 States
Canada:
0
0%
In 0 Canadian Provinces
International:
0
0%
In 0 Foreign Countries
______
_____
Total:
80
100%
North America:
States/Provinces with the largest number of operating units:
Density
Units
1. Georgia
22
2. Texas
18
3. Florida
8
Registered in Following Registration States:
California, Illinois, Maryland, Michigan, New York, Virginia, Washington
Financial Requirements
Investment:
Minimum Net Worth:
$250K
Cash Investment:
$100K
Total Investment:
$137-350K
Average Total Investment:
$170K
Fees:
Initial Franchise Fee:
$17.5K
Average Franchise Fee:
$18K
On-Going Royalty:
5.5%
Average Royalty:
5%
Advertising Fee:
.5%
Average Number of Employees:
5 Full-time, 6 Part-time
Space Needs (in square footage):
350-2,000
Preferred Sites:
Strip Center, Regional Mall
Other Sites:
Airport, University
Encourage Conversions?
Yes
Earnings Claims Provided?
Yes
Listed in the SBA Registry?
Yes
Support and Training
International Franchise Association:
Yes
Canadian Franchise Association:
No
Franchisee Association/Member:
Yes, Member
Size of Corporate Staff:
11
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
