Great Wraps Grill

2015 Franchise 500
At a Glance

Products & Services: Hot wrapped sandwiches, paninis, rice bowls, salads, smoothies

Number of Locations: 65

Total Investment: $159.5K - $485.5K

Founded: 1974

Began Franchising: 1983

About Great Wraps Grill

Great Wraps Grill 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.

Franchise Units

Year U.S. Canadian International Company Owned
2015 65 0 0 0
2014 69 0 0 1
2013 70 0 0 1
2012 82 0 0 1
2011 73 0 0 1
Where Seeking Franchisees: Franchisor is seeking new franchise units worldwide.

Startup Costs, Ongoing Fees and Financing

Total Investment: $159,500 - $485,500
Franchise Fee: $22,500
Ongoing Royalty Fee: 5.5%
Term of Franchise Agreement: 15 years, renewable
Veteran Incentives: 50% off franchise fee
Financial Requirements
Net Worth: $500,000
Liquid Cash Available: $100,000
8% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 8 - 10. Absentee ownership of franchise is NOT allowed. (90% of current franchisees are owner/operators).
Financing Type In-House Third Party
Franchise Fee
Startup Costs
Accounts Receivable

How This Franchise Supports Franchisees

Training: Available at headquarters: 3 weeks.
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives, Lease Negotiation
Marketing Support: Ad slicks, National media, Regional advertising,
Other marketing support: Local store marketing

Franchise Ranking History

Franchise 500®: #300 (2015), #312 (2014), #247 (2013), #439 (2012), #466 (2011),

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