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How Much Does a Great Wraps Franchise Cost?

2024 Franchise Disclosure Document (FDD) Data

A Great Wraps franchise costs between $635,300 and $1,106,400 in total initial investment, according to the 2024 Franchise Disclosure Document. The initial franchise fee is $7,500.

$635,300

Minimum Investment

$1,106,400

Maximum Investment

$7,500

Franchise Fee

Great Wraps Franchise Fee

Initial Franchise Fee $7,500

Fee Range $7,500 – $24,000

Item 7 Fee Estimate $7,500

Great Wraps Total Investment Breakdown

Here is the itemized breakdown of costs to open a Great Wraps franchise, as reported in the 2024 FDD Item 7 (Estimated Initial Investment).

Minimum Investment

Maximum Investment

Franchise Fee $7,500

Initial Franchise Fee Lump sum · Agree- ment execution $7,500

Real Estate $120,000 – $277,500

Leasehold Improvements Lump sum $110,000 – $250,000

Architectural Fees Lump sum $10,000 – $15,000

Security Deposit Lump sum $0 – $12,500

Equipment & Assets $138,150 – $208,700

Equipment, Seating, Décor Lump sum $100,000 – $150,000

Signage, Graphics, Menuboard Lump sum $15,000 – $26,000

Smallwares Lump sum $9,000 – $12,000

Opening Inventory (Food) Lump sum $8,000 – $10,000

Point-of-Sale Equipment Lump sum $3,500 – $5,000

Office Supplies, Cash Safe Lump sum $1,000 – $3,500

Opening Inventory (Paper Goods) Lump sum $1,650 – $2,200

Training $2,000 – $3,000

Training, Travel, Lodging Lump sum $2,000 – $3,000

Working Capital & Reserves $40,000

Additional Funds, First three months Spent in first three months $40,000

Other Costs $327,650 – $569,700

Professional Fees Lump sum $2,000 – $6,000

Insurance Lump sum $5,500

Grand Opening Marketing Lump sum $2,500 – $5,000

Total Estimated Investment $635,300 – $1,106,400

How Does Great Wraps Compare to Other Food & Beverage Franchises?

Great Wraps's minimum investment of $635,300 is above the Food & Beverage industry median. The median minimum investment for Food & Beverage franchises is $316,000.

$635,300

Great Wraps Min

$316,000

Food & Beverage Median Min

$1,106,400

Great Wraps Max

$696,000

Food & Beverage Median Max

Investment Analysis

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Frequently Asked Questions

How much does it cost to open a Great Wraps?

The total startup cost for a Great Wraps franchise ranges from $635,300 to $1,106,400, according to the 2024 Franchise Disclosure Document (FDD) Item 7. The largest cost category is Other Costs at $327,650 to $569,700.

How much is the Great Wraps franchise fee?

The Great Wraps franchise fee is $7,500, with a range of $7,500 to $24,000 depending on the agreement, as disclosed in the 2024 FDD. This is a one-time upfront fee paid to the franchisor and is separate from the total initial investment.

Is Great Wraps a good investment?

Great Wraps requires a total franchise investment of $635,300 to $1,106,400 and scores Legal Risk: 100/100, Training: 72/100 in our FDD analysis. See our full Great Wraps franchise review for a detailed assessment of risks, territory, and support.

How much does a Great Wraps franchise owner make?

Great Wraps franchise locations report median gross sales of $644,716 per the 2024 FDD Item 19. See our Great Wraps franchise earnings breakdown for the full financial performance data.