Rank no. 247 – Great Wraps – US

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

Number of Locations: 80

Total Investment: $149.19K – 365.7K

Founded: 1974

Began Franchising: 1983

About Great Wraps

Great Wraps 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.

Where Seeking Franchisees: Franchisor is seeking new franchise units throughout the U.S.
Startup Costs, Ongoing Fees and Financing

Total Investment: $149,200 – $365,700
Franchise Fee: $22,500
Ongoing Royalty Fee: 5.5%
Term of Franchise Agreement: 15 years, renewable
FINANCIAL REQUIREMENTS
Net Worth: $250,000
Liquid Cash Available: $100,000
OPERATIONS
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).

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®: #247 (2013), #439 (2012), #466 (2011), #472 (2010),

“Great Wraps was founded on a solid business plan
and a brilliant idea for the future.”
– Bond’s Top 50 Food Franchises

Since the beginning (way back in the early 80’s!) we’ve been dazzling the taste buds of our customers with the unexpected. We built a loyal following of adventurous folks who refused to follow the masses to all those boring fast food outlets. They were looking for something special… something unique, tasty and healthy. Not only did they find it, they loved it! Customers returned talking about how they craved our food so much – they simply HAD to return. We may have discovered “The NEW American Sandwich” but it’s our customers that keep us revolutionizing American quick-serve food.
In the past several years, we wowed ‘em again with our original line of Hot Subs and Grilled Flatbread Sandwiches. The recipes are unlike anything you’d find in a generic sub shop. And, you customize your sandwich to fit your taste. A little more of this, forget about that, grill it a little longer, keep it cold…you gotta love our freedom of choice. Every customer is unique, and we want to make sure they get exactly what they want.

We took it a step further when we introduced the Great Wraps Spice Bar. Custom spice our famous Idaho Kurly Q Fries with any combination of our six specially blended spices. Feeling sassy? Try our Hellacious Jalapeño. Looking for some down-home comfort? Shake in our Loaded Baked Potato spice.

At Great Wraps, it’s all about YOU, and celebrating YOUR taste.

We’re the NEW American Sandwich for the NEW American Attitude.

Great Wraps
4 Executive Park East
Suite 315
Atlanta, GA 30329

Tel: 404-248-9900 x 12
Fax: 404-248-0180
Toll-Free:
888-GT WRAPS (489-7277)

comments@greatwraps.com

Source: www.greatwraps.com