- Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$266K - $560K
- Units as of 2023
-
37 5% over 3 years
Company Overview
About GW Gyro & Wings
| Industry | Food |
|---|---|
| Related Categories | Miscellaneous Quick-Service Restaurants, Sandwiches, Food: Quick Service |
| Founded | 1974 |
| Parent Company | Great Wraps, Inc. |
| Leadership | Mark Kaplan, CEO |
| Corporate Address |
17 Executive Park Dr NE, Suite 150 Atlanta, GA 30329 |
| Social | Facebook, Instagram |
Business Overview
| Franchising Since | 1983 (41 years) |
|---|---|
| # of employees at HQ | 6 |
| Where seeking |
This company is offering new franchises in the following US states: Alaska, Alabama, Arkansas, Arizona, Colorado, Connecticut, District of Columbia, Delaware, Florida, Georgia, Iowa, Idaho, Illinois, Kansas, Kentucky, Louisiana, Massachusetts, Maine, Missouri, Mississippi, Montana, North Carolina, Nebraska, New Hampshire, New Jersey, New Mexico, Nevada, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Virginia, Vermont, West Virginia, Wyoming |
| # of Units | 37 (as of 2023) |
|
|
|
Information for Franchisees
Here's what you need to know if you're interested in opening a GW Gyro & Wings franchise.
Financial Requirements & Ongoing Fees
Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
|
Initial Franchise Fee
|
$29,900 |
|---|---|
|
Initial Investment
|
$265,550 - $559,600 |
|
Net Worth Requirement
|
$500,000 |
|
Cash Requirement
|
$175,000 |
|
Veteran Incentives
|
50% off franchise fee |
|
Royalty Fee
|
5.5% |
|
Ad Royalty Fee
|
0.5% |
|
Term of Agreement
|
15 years |
| Is franchise term renewable? | Yes |
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
| Third Party Financing | GW Gyro & Wings has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll |
|---|
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
| On-The-Job Training | 105 hours |
|---|---|
| Classroom Training | 20 hours |
| Ongoing Support |
Purchasing Co-ops
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
|
| Marketing Support |
Ad Templates
Regional Advertising
Social Media
Website Development
Email Marketing
Loyalty Program/App
|
Operations
Additional details about running this franchise.
| Is absentee ownership allowed? | No |
|---|---|
|
Can this franchise be run from home/mobile unit?
|
No |
|
Can this franchise be run part time?
|
Yes |
| # of employees required to run | 8-10 |
|
Are exclusive territories available?
|
Yes |
Franchise 500 Ranking History
Compare where GW Gyro & Wings landed on this year's Franchise 500 Ranking versus previous years.
Additional Rankings
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