Quick Verdict · who it fits
Great Wraps fits owner-operators looking for an emerging food & beverage concept.
The numbers a buyer needs first — straight from the filing.
Initial investment (Item 7)
$318K - $564K
Franchise fee (Item 5)
$24K
Royalty (Item 6)
4–5.5% + 0–0.5% ad
Item 19 median rev
$645k population not disclosed in this filing
System size (Item 20)
37 +1
Agreement term
15 yrs
Model Great Wraps's costs in the investment calculator → Prefilled from this filing — startup cost, cash flow and break-even.
Data extracted from the 2023 FDD filed with state regulators. Fees and terms may have changed since filing — request the current FDD from the franchisor before deciding. Not legal, financial, or investment advice. Full disclaimer.
Drag to your projected annual sales. Royalty 4–5.5% + ad fund 0–0.5% on gross sales.
PROJECTED ANNUAL SALES$640,000
$100k$2M
Royalty (4–5.5%)
—
Ad fund (0–0.5%)
—
Total / year
—
▪ Of-sales fees only · excludes rent, labor, COGS, and one-time costs · for illustration
Free AI summary — the first read on the filing.
37
Total units open
1
Units opened last year
2
Units closed last year
2 ceased operations
−1
Net unit growth
What our analysis flagged across the 2023 filing.
5
Risks to review
4
Strengths identified
5
Questions to ask
How Great Wraps ranks against 811 Food & Beverage peers we've analyzed.
Initial investment
44th pct · of 811 peers
Franchise fee
10th pct · of 811 peers
System size
59th pct · of 811 peers
Food & Beverage industry averages
Avg investment
$528K - $1.3M
Avg franchise fee
$38K
Avg system size
235
Franchises analyzed
811
Closest concepts by category and investment.
| Brand | Item 19 | Fee | Investment | Royalty | Units |
|---|---|---|---|---|---|
| Great Wraps | Disclosed | $24K | $318K - $564K | 4–5.5% | 37 |
| Gloria Jean's Gourmet CoffeesSimilar price | Disclosed | $30K | $210K - $564K | 6% | 37 |
| Doctor's AssociatesBiggest system | None | $15K | $227K - $630K | 8% | 18,773 |
| Vintage Hospitality GroupTop-rated in category | Disclosed | $50K | $3.5M - $6.4M | 5.5% | 33 |
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Free explainers to go deeper before you sign.
Brand Analysis
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Brand Analysis
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Brand Analysis
Cracker Barrel Old Country Store, Inc. reported 656 company-operated stores in 43 states as of January 30, 2026, and the brand has never sold a franchise. Huddle House and Another Broken Egg cover the same daypart with filed FDDs, at $555,375 to $1,715,275 and $792,500 to $1,804,000.
Great Wraps requires a $24,000 initial franchise fee and a total initial investment range of $317,650–$563,700, per the most recent FDD on file.
Great Wraps franchises are sold by GREAT WRAPS, INC., the franchisor entity of record on its Franchise Disclosure Document. Item 1 of the FDD discloses the corporate structure, including any parent companies and predecessors.
Yes. Great Wraps discloses Item 19 financial performance representations with reported revenue around $644,716. See the financials sub-page for the full distribution.
Franchisees pay a royalty of 5.5% of net sales for streetside and mall locations; 4% of net sales for airport locations and an advertising fund contribution of 0.5% for streetside and mall locations; 0% for airport locations on gross sales as defined in Item 6 of the FDD.
As of their 2023 FDD, Great Wraps has 37 total locations, with 1 new locations opened in the most recent reporting year. This information comes from Item 20 of the FDD.
Per the FDD, Great Wraps discloses an initial agreement term of 15 years. Review Items 10 and 17 for the full renewal and termination provisions.
This page is part of VetMyFranchise. View all pages: llms.txt · llms-full.txt