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Great Wraps, Inc.

Franchisee Contacts Former Franchisees

Franchise Information

Source: File #7885
FDD Issued: Mar 15, 2017
Extracted: Mar 5, 2026
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: 50.0%
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
No
No protected territory for mall locations. Cafe locations receive a protected te...
Item 19 (Financial Performance)
Disclosed
2016 data: Top 50% locations averaged $762,431 (30 units); Top 20% averaged $983...
Financial Performance (Item 19)
Avg Unit Volume
$537,263
% Achieving Avg
47.0%
Sample Size
60 units
Legal History
Litigation: Yes
Three cases disclosed: Tahmasian Enterprises v. KB Global (settled 2007, Great Wraps paid $35,000);...
Bankruptcy: None
Number File name Source State Filing Date Actions
5192 CA_5192.pdf CA Apr 25, 2016 View · Download
7885 CA_7885.pdf CA Apr 24, 2017 View · Download
104955 482411_Franchise__Great_Wraps__Inc__EFDID__4824_Virginia_104955.pdf VA View · Download
178527 482411_Franchise__Great_Wraps__Inc__EFDID__4824_Virginia_178527.pdf VA View · Download
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