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Home > Franchises > Great Wraps Inc.
Great Wraps Inc.
A franchise agreement takes place when the concerned parties involved are bound together through certain contractual provisions. This is an arrangement whereby someone with an idea for a business, the franchisor, sells to another person the franchisee the rights to use the business's name, sell a product, or provide a service to someone else. A franchise agreement will usually specify the given territory the franchisee retains exclusive control over the area protection, as well as the extent to which the franchisee will be supported by the franchisor.
Great Wraps served its first hot wrapped sandwich in 1974, offering customers with a quick alternative to hamburgers. Today the company offers a menu that includes tortilla and pita wraps, cheesesteaks and smoothies. They provide good services which include total investment of 220000 to 315000 dollars, franchise fee is 19.5000 dollars, and ongoing royalty fee is 5.5percent. Because of good service they represent in some raking according to entrepreneur magazine 2002 to 2006 which include franchise 500 rank of 315 in 2006.
The Wrapped Sandwich Category is growing rapidly, and is predicted by many to offer phenomenal growth potential. Great wraps, with its fabulous menu of hot wrapped sandwiches, grilled flatbread sandwiches, hearty grilled subs and frozen smoothies, is the undisputed leader of this exciting, new category and is quickly establishing itself as the next explosive franchise opportunity.
Great Wraps, they set their sights on one clear mission. Their mission is to develop a Franchisee-friendly Company, where the needs of the Franchisees came first. Great Wraps is the perfect alternative to ordinary, boring fast food, and customers everywhere are hungry for it. The Great Wraps menu is unique, high-quality and delicious and stands out from all the fast food clutter. In addition, the Great Wraps décor package far exceeds what typical fast food concepts have to provide. But they still offer the speed, convenience and low price that customers want. Great Wraps is truly the best of all worlds.
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