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2022 Franchise 500 Rank
N/R Not ranked last year
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Initial investment
$160K - $486K
Units as of 2019
44 35% over 3 years

Company Overview

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.

About Great Wraps

Industry
Food
Related Categories
Sandwiches
Founded
1974
Leadership
Mark Kaplan, CEO

Franchising Overview

Franchising Since
1983 (39 years)
# of employees at HQ
8
Where seeking

This company is seeking new franchisees in the following US states:

# of Units
44 (as of 2019)

Franchisor Information

Corporate Address
17 Executive Park Dr. N.E., #150
Atlanta, GA 30329

Information for Franchisees

Here’s what you need to know if you’re interested in opening a Great Wraps 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
$22,500
Initial Investment
$159,500 - $485,500
Net Worth Requirement
$300,000
Cash Requirement
$125,000
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
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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
Great Wraps 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
Marketing Planning & Support
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?
No
# of employees required to run
8-10
Are exclusive territories available?
Yes
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Franchise 500 Ranking History

Compare where Great Wraps landed on this year’s Franchise 500 Ranking versus previous years.

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise by Entrepreneur Media. Our franchise listings and rankings are solely research tools you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise. That should include reviewing the franchisor's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees.
Updated: February 8th, 2021