Business Description

Truly the world's best wraps! 17 different varieties. Also, smoothies and health drinks. Low start-up cost. Exceptional training and on-going support. This is a new market that has not yet been tapped. Take advantage of our concept and our growth program. Option to expand within territory.

Franchisor Background

Year Established:  1994

Franchising Since:  1995

Operating Units:
Franchised Units:	24	80%
Company-Owned Units:	6	20%
Total Operating Units:	30	100.0%
Geographic Distribution: U.S.: 30 100% In 6 States Canada: 0 0% In 0 Canadian Provinces International: 0 0% In 0 Foreign Countries   Total: 30 100.0%

North America:
States/Provinces with the largest number of operating units:

Density	Units
1. Indiana	2
2. Kentucky	10
3. Tennessee	4

Registered in Following Registration States: California, Florida, Illinois, Minnesota, Washington

Financial Requirements

Investment:
Minimum Net Worth:	$100K
Cash Investment:	$90-120K
Total Investment:	$200-280K
Average Total Investment:	$240K
Fees:
Initial Franchise Fee:	$19.5K
Average Franchise Fee:	$20K
On-Going Royalty:	6%
Average Royalty:	6%
Advertising Fee:	1%

Average Number of Employees: 2 Full-time, 8 Part-time

Space Needs (in square footage): 3,000-4,000

Preferred Sites: Free-standing Building

Other Sites:

Encourage Conversions? Yes

Earnings Claims Provided?: No

Franchisee Qualifications
Ranked from 1 (unimportant) to 5 (important):
Financial Net Worth:	N/A
General Business Experience:	N/A
Specific Industry Experience:	N/A
Formal Education:	N/A
Psychological Profile:	N/A
Personal Interview(s):	N/A
Terms of Contract
Term of Initial Contract:	10 Year(s)
Term of Renewal Period:	10 Year(s)
Passive Ownership:	Not Allowed
Area Development Agreements?	Yes, for 1 Year(s)
Sub-Franchising Contracts?	No
Franchisees Allowed to Expand Within Territory?	No
Support and Training
International Franchise Association:	No
Canadian Franchise Association:	No
Franchisee Association/Member:	No
Size of Corporate Staff:	21
Site Selection Assistance?	Yes
Lease Negotiation Assistance?	Yes
Financial Assistance?	Yes, Direct
Marketing Support:
Co-Op Advertising:	No
National Advertising:	No
Regional Advertising:	No
Local Advertising:	No
Marketing Materials:	None Specified
Additional Services:	None Specified
Other Marketing Support:	None Specified
On-Going Support:
Central Data Processing:	Included in Fees
Central Purchasing:	Included in Fees
Field Operation Evaluation:	Included in Fees
Field Training:	Included in Fees
Initial Store Opening:	Included in Fees
Inventory Control:	Included in Fees
Franchisee Newsletter:	Included in Fees
Regional or National Meetings:	Included in Fees
800 Telephone Hotline:	Included in Fees
Training:
1. Headquarters	8 Weeks
2. Pre-0pening	3 Weeks
Expansion Plans
Projected New Units Over Next 12 months: 4 U.S.: Yes, South, Southeast Canada: No Overseas: No	Request Franchisor Info   Submit an online form to receive information from Worldly Wraps.