Great Wraps
Wraps, cheesesteaks, bowls

About
Founded

1974

Franchising Since

1983 (36 Years)

Corporate Address

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

CEO

Mark Kaplan

Financial Requirements
Initial Investment

$159,500 - $485,500

Net-worth Requirement

$300,000

Liquid Cash Requirement

$125,000

Ongoing Fees
Initial Franchise Fee

$22,500 - $22,500

Ongoing Royalty Fee

5.5%

Ad Royalty Fee

0.5%

Financing Options

Great Wraps has relationships with third-party sources which offer financing to cover the following: 
franchise fee, startup costs, equipment, inventory, accounts receivable, payroll

Veteran Incentives

50% off franchise fee

Support Options
Ongoing Support

Purchasing Co-ops

Newsletter

Meetings/Conventions

Toll-Free Line

Grand Opening

Online Support

Security/Safety Procedures

Field Operations

Site Selection

Marketing Support

Ad Templates

Regional Advertising

Social media

Website development

Email marketing

Loyalty program/app

On-The-Job Training:

105 hours

Classroom Training:

20 hours

Number of Employees Required to Run:

8 - 10

Bio
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.
Cost
Initial Investment: Low - $159,500 High - $485,500
Units
-19.0%-12 UNITS (1 Year) -21.5%-14 UNITS (3 Years)

Units (Locations)

Where Seeking Franchisees:

Franchisor is seeking new franchise units throughout the U.S.
Franchise Financing
Using 401(K)/IRA Funds
  • Tax Penalty-Free
  • Debt Free
  • Expert Guidance
Learn More

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Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.
Updated: October 3rd, 2019