Great Wraps^®

Food & Beverage • Year: 2024

All product and company names mentioned are trademarks™ or registered® trademarks of their respective holders. Use of these names does not imply any affiliation with, sponsorship by, or endorsement by them.

What Is Great Wraps?

Great Wraps is a quick‑service restaurant franchise focused on Hot Wraps, Gourmet Sandwiches, bowls and salads featuring fillings such as steak, chicken, turkey, gyro, cheeses, vegetables and sauces. Restaurants operate as standardized mall food‑court units and storefront Café locations, with typical mall seating for 10–24 patrons and Café seating for 30–60. Revenue is generated primarily from food and beverage sales (wraps, sandwiches, Kurly ‘Q’ Fries, salads, desserts and drinks) serving the shopping and working public in urban and densely populated suburban areas.

Great Wraps Franchise: Pros and Cons

With a low, refundable $7,500 initial franchise fee—well below typical food and beverage levels and a rare concession (only about 14% of food and beverage franchises offer refunds)—this franchise reduces your upfront cash risk, but the franchisor operates zero company-owned units, meaning no corporate test-and-learn base to field-test changes before franchisees must implement them.

Pros

At $7,500, the initial franchise fee is well below what's common in food & beverage, leaving you with more cash on hand for build-out and opening costs.

No disclosed lawsuits, enforcement actions, government penalties, franchisee-initiated judgments, or settlements — a clean legal record that indicates lower system-level legal friction and fewer adversarial disputes to worry about.

Initial franchise fees are refundable, an uncommon concession in this sector (only about 14% of food & beverage franchises offer refunds), which reduces your downside if you decide not to proceed before opening.

Cons

The franchisor operates zero company-owned units, meaning they lack a corporate test-and-learn base to field-test changes and refine day-to-day operations before asking franchisees to implement them.

Managers are not required to complete initial training — an unusual absence (roughly 90% of food & beverage systems require manager training) that shifts the burden of onboarding and skills development onto you.

Franchisees do not have the right to relocate, an uncommon restriction that limits your flexibility to move the business for a better site or in response to lease or market changes.

Lawsuits & Legal Risk

100

Excellent

The franchise reported no material legal proceedings.

Territory Protection

47/100

NORMAL

Grants a protected operating area where the franchisor will not place other physical units. The franchisor retains rights to sell via e-commerce and alternative distribution channels, operate under different trade names, and develop additional nearby units—protection is contingent on meeting performance quotas and subject to market-density considerations and site-specific rights.

Training & Support

72/100

NORMAL

The brand provides a robust 125-hour training curriculum designed to prepare two franchisee designees for launch. The program includes on-site launch support for operational readiness, with travel and lodging expenses borne by the franchisee and additional on-site assistance available for an extra fee.

How Much Does It Cost to Open a Great Wraps Franchise?

Opening a Great Wraps franchise requires a total initial investment of $635,300 to $1,106,400, according to the 2024 Franchise Disclosure Document. This range covers the franchise fee, real estate, equipment, training, and initial working capital needed to launch and operate through the early months.

Minimum Investment

$635,300

Franchise Fee

Real Estate

Equipment & Assets

Reserves

Training

Other

Maximum Investment

$1,106,400

Minimum Investment Breakdown

Franchise Fee$7,500

Real Estate$120,000

Equipment & Assets$138,150

Reserves$40,000

Training$2,000

Other$327,650

Maximum Investment Breakdown

Franchise Fee$7,500

Real Estate$277,500

Equipment & Assets$208,700

Reserves$40,000

Training$3,000

Other$569,700

Investment Analysis

This investment analysis is coming soon. Have ideas for other analyses you'd like us to add? Get in touch.

The initial investment amounts shown are estimates only. Actual costs may vary based on location size, business model, and multi-unit ownership arrangements. We recommend reviewing the full Franchise Disclosure Document for complete details.

How Much Do Great Wraps Franchise Owners Make?

Great Wraps franchise locations reported average gross sales of $678,453 and median gross sales of $644,716 in 2024, based on financial performance data disclosed in Item 19 of the Franchise Disclosure Document.

Average Gross Sales:

$678,453

Median Gross Sales:

$644,716

Sample Size:

Percent Attaining Average:

44.0%

Franchise vs Corporate Performance: The Item 19 provides franchised unit performance only and does not present company-owned results, so direct comparison between franchise and corporate outlets is not possible from this disclosure.

Performance Variability Analysis: There is substantial dispersion in sales: the overall average is 678,453 while the top 20% average is 1,150,000 and the bottom 20% average is 295,941, indicating meaningful variability across locations.

Data Scope and Limitations: The representation covers 36 franchised units open more than 12 months in 2023 and reports gross sales only, with no audited statements or expense/profit data provided, limiting assessment of net performance.

Frequently Asked Questions

How much does it cost to open a Great Wraps franchise?

The total initial investment for a Great Wraps franchise ranges from $635,300 to $1,106,400, according to the 2024 Franchise Disclosure Document. This includes the franchise fee, real estate, equipment, training, and working capital.

What is the Great Wraps initial franchise fee?

The initial franchise fee for Great Wraps is $7,500, as stated in the 2024 FDD. This fee is paid upon signing the Franchise Agreement.

How much do Great Wraps franchise owners make?

Great Wraps franchise locations reported average gross sales of $678,453 and median gross sales of $644,716 in 2024, based on Item 19 of the Franchise Disclosure Document. Actual earnings vary by location, market, and operator experience.

Does Great Wraps have any franchise lawsuits or legal issues?

Great Wraps received a legal risk score of 100 out of 100 in the 2024 FDD analysis. The franchise reported no material legal proceedings.

Does Great Wraps offer exclusive franchise territories?

Great Wraps received a territory protection score of 47 out of 100. Grants a protected operating area where the franchisor will not place other physical units.

What training does Great Wraps provide to new franchisees?

Great Wraps received a training and support score of 72 out of 100. The brand provides a robust 125-hour training curriculum designed to prepare two franchisee designees for launch.

How many Great Wraps franchise locations are there?

Great Wraps had 37 total locations as of the 2024 Franchise Disclosure Document.

What type of business is Great Wraps?

Interested in Great Wraps?

Get more information and connect with the franchise directly.