--- title: "Great Wraps Franchise: Cost, FDD Analysis & Review" description: "Explore the Great Wraps franchise. Investment: $264K-$486K. 32 locations. Financial performance disclosed. Sandwich, Sub & Deli Concepts." url: "https://www.franchisegrade.com/best-franchises/brand/great-wraps" canonical: "https://www.franchisegrade.com/best-franchises/brand/great-wraps" markdown_url: "https://www.franchisegrade.com/best-franchises/brand/great-wraps.md" type: "FranchiseBrand" brand: "Great Wraps" sector: "Fast Food & Fast Casual Restaurants" category: "Sandwich, Sub & Deli Concepts" investment_low: "264500" investment_high: "485500" total_units: "45" operating_model: "Owner-Operator | Multi-Unit | Semi-Absentee" --- # Great Wraps Franchise: Cost, FDD Analysis & Review Explore the Great Wraps franchise. Investment: $264K-$486K. 32 locations. Financial performance disclosed. Sandwich, Sub & Deli Concepts. ## At a glance - **Brand:** Great Wraps - **Sector:** Fast Food & Fast Casual Restaurants - **Category:** Sandwich, Sub & Deli Concepts - **Total initial investment:** $264,500 – $485,500 - **Total units (FDD Item 20):** 45 - **Operating model:** Owner-Operator | Multi-Unit | Semi-Absentee - **States with locations:** AR, CT, DC, FL, GA, MO, NJ, NC, SC, TN, TX, UT, VA ## Great Wraps — franchise facts ### What is the total initial investment required to open a Great Wraps franchise? Total investment ranges from $264,500 to $485,500, covering franchise fee, equipment, buildout, and working capital. This includes initial inventory, real estate preparation, and six months of operating expenses to ensure stability during launch. ### What is the initial franchise fee for Great Wraps, and what does it cover? The franchise fee is $22,500, providing access to the brand, training, operating systems, and ongoing support. This one-time fee unlocks rights to a protected territory for the initial 15-year term. ### What ongoing fees, royalties, or required contributions do Great Wraps franchisees pay? Franchisees pay 5.5% royalty on revenue, 3% advertising fund contribution, and 1.5% local marketing spend, totaling 10% of gross sales. Additional technology fees of $125 monthly support point-of-sale and operational systems. ### What financial requirements must candidates meet to qualify for a Great Wraps franchise? Franchisees should have liquid capital of at least $100,000 to $150,000 and a net worth of $250,000 to $350,000 to qualify. Lenders typically require personal guarantees and may seek 20-30% owner equity in the project. ### Are financing options or third-party funding programs available for Great Wraps franchisees? Many franchisees secure SBA loans or conventional financing to cover 60-70% of startup costs. Franchisor may provide referrals to preferred lenders familiar with restaurant franchises and can advise on qualification criteria. ### What initial training does Great Wraps provide to new franchise owners? Great Wraps provides 145 hours of comprehensive training covering food preparation, kitchen operations, customer service, and business management. Training typically occurs at a corporate location and may include on-site support during your opening. ### What ongoing support and resources does Great Wraps offer after opening? The franchisor offers continuous operational support, marketing guidance, supply chain management, and periodic refresher training. Field consultants help franchisees optimize performance and adapt to local market conditions. ### Does Great Wraps assist with real estate and site selection for new locations? The franchisor provides site selection guidance and approval authority to ensure locations meet brand standards. Successful locations typically feature high traffic, visible signage, and proximity to office or retail destinations. ### What does the day-to-day role of a franchise owner look like with Great Wraps? Owner-operators manage staff scheduling, food quality, customer interactions, and inventory management. Daily responsibilities include overseeing prep work, cash handling, staff training, and ensuring brand consistency in every wrap served. ### Can Great Wraps be operated as an owner-operator or semi-absentee franchise? This concept works best with owner-operator involvement, especially during early years and peak service hours. Some owners transition to semi-absentee roles after establishing strong management teams, though hands-on presence typically drives higher profitability. ### What type of lifestyle and time commitment should owners expect with Great Wraps? Expect 50-60 hour weeks, particularly during setup and the first year. The food service industry demands weekend and holiday work, though franchisees can build schedules around personal priorities with experienced management in place. ### What territories or markets are currently available for Great Wraps franchise ownership? Territory type B protection ensures exclusive rights within a defined area. Available territories vary by region; current presence spans 13 states with growth opportunities in adjacent markets. ### Does Great Wraps offer multi-unit ownership or expansion opportunities? Qualified franchisees may develop multiple locations within a broader area development agreement. Multi-unit operators benefit from economies of scale in supply, labor, and marketing while building significant equity. ### Are area development or master franchise opportunities available with Great Wraps? Area development agreements allow experienced operators to build a cluster of locations over time. Terms typically require meeting performance milestones and investing in additional units within a defined schedule. ### How does Great Wraps approach unit-level profitability and financial performance? Wrap concepts typically generate 28-35% food cost and 25-30% labor cost, leaving 15-20% operating margins before rent and utilities. Revenue per location averages $400,000 to $600,000 annually depending on location quality and operational efficiency. ### What sets Great Wraps apart from competitors in its market segment? Great Wraps differentiates through 35 years of brand heritage, protected territories, and a fresh-made wrap format appealing to health-conscious diners. The established operational system and training depth provide a competitive edge over newer, unproven concepts. ## Research this brand - Full profile: https://www.franchisegrade.com/best-franchises/brand/great-wraps - Compare it side by side: https://www.franchisegrade.com/compare - Check affordability against your capital: https://www.franchisegrade.com/affordability-calculator - Franchise terms used above: https://www.franchisegrade.com/tools/franchise-glossary --- *Source: [FranchiseGrade](https://www.franchisegrade.com) — independent, FDD-derived franchise research.* *Cite this page as: https://www.franchisegrade.com/best-franchises/brand/great-wraps* *Training, indexing and quotation are permitted — please attribute and link to the source URL above. Full-text reproduction of the whole page is not. Licensing: privacy@franchisegrade.com*