Great Wraps Grill

Franchise Information

Analyzed filing: CA · File #7885
Filed: Apr 24, 2017
FDD Issued: Mar 15, 2017
Extracted: May 6, 2026
Analyzed
Franchisor Details
Name: Great Wraps, Inc.
Address: 4 Executive Park East, Suite 315, Atlanta, Georgia 30329
Phone: (404)248-9900
Franchising Since: 1989
Industry & Qualifications
Industry
Food & Beverage
Franchise Fee
$22,500
Royalty
5.5%
Ad Fund: 0.5%
Total Investment
$160K - $521K
Initial Term
10 years
Renewable
Outlet Information
Total Outlets
67
Franchised
67
Opened (Last Year)
+4
Closed (Last Year)
-3
Churn Breakdown (Last Year)
Terminations
0
Non-Renewals
1
Ceased Ops
2
Transfers
3
Reacquired
0
Exclusive Territory
Yes
Protected territory for Cafe locations; mall locations have no territorial prote...
Item 19 (Financial Performance)
Disclosed
Average Gross Sales for all units open >12 months as of Dec 31, 2016. 47% of uni...
Financial Performance (Item 19)
Avg Unit Volume
$537,263
% Achieving Avg
47.0%
Sample Size
60 units
Legal History
Litigation: Yes
Three disclosed cases: Tahmasian Enterprises v. Great Wraps (2006, settled 2007); Trident Holdings v...
Bankruptcy: None
Number File name Source State Filing Date Actions
7885 CA_7885.pdf
Canonical 2017 analysis · newest filing
CA Apr 24, 2017 Restricted
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