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Home >> Fast Food Restaurants >> Greek Fast Food
 Yes, we actively support the inclusion and development of minority-owned franchises in the Mega Wraps system. Mega Wraps 515 Consumers Rd., Suite 403 Toronto, ON, M2J 4Z2 Canada |
Submit an online form to receive information from Mega Wraps.
• Coupons • Franchise Video • Marketing Brochure • Promotional Items • UFOC |
Business Description
Mega Wraps is defining a healthy outlook on the quick service restaurant. With the current customer trends in mind, Mega Wraps features a variety of Pita Wrap offerings. Founded in Toronto, Ontario, Canada, Mega Wraps is poised to establish itself as an industry leader across North America.
Franchisor Background
Year Established: 1998
Franchising Since: 1999
North America:
States/Provinces with the largest number of operating units:
Registered in Following Registration States:
Financial Requirements
Average Number of Employees: 2 Full-time, 4 Part-time
Space Needs (in square footage): 1,000
Preferred Sites:
Other Sites:
Encourage Conversions? Not Applicable
Earnings Claims Provided?: No
Mega Wraps is defining a healthy outlook on the quick service restaurant. With the current customer trends in mind, Mega Wraps features a variety of Pita Wrap offerings. Founded in Toronto, Ontario, Canada, Mega Wraps is poised to establish itself as an industry leader across North America.
Franchisor Background
Year Established: 1998
Franchising Since: 1999
| Operating Units: | |||||||||||||||||||||||||||||||||||||||||||
Franchised Units: | 57 | 98.3% | | ||||||||||||||||||||||||||||||||||||||||
| Company-Owned Units: | 1 | 1.7% | |||||||||||||||||||||||||||||||||||||||||
Total Operating Units: | 58 | 100.0% | |||||||||||||||||||||||||||||||||||||||||
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States/Provinces with the largest number of operating units:
| Density | Units |
| 1. Colorado | 1 |
| 2. Connecticut | 1 |
| 3. Texas | 3 |
Registered in Following Registration States:
Financial Requirements
| Investment: | |
| Minimum Net Worth: | $250K |
| Cash Investment: | $94.5K |
| Total Investment: | $189K |
| Average Total Investment: | $189K |
| Fees: | |
| Initial Franchise Fee: | $10K |
| Average Franchise Fee: | $10K |
| On-Going Royalty: | 6% |
| Average Royalty: | 6% |
| Advertising Fee: | 2% |
Space Needs (in square footage): 1,000
Preferred Sites:
Other Sites:
Encourage Conversions? Not Applicable
Earnings Claims Provided?: No
| Franchisee Qualifications | |||||||||
Ranked from 1 (unimportant) to 5 (important): | |||||||||
| Financial Net Worth: | 3 | ||||||||
| General Business Experience: | 3 | ||||||||
| Specific Industry Experience: | 3 | ||||||||
| Formal Education: | 3 | ||||||||
| Psychological Profile: | 3 | ||||||||
| Personal Interview(s): | 3 | ||||||||
| Terms of Contract | |||||||||
| Term of Initial Contract: | 5 Year(s) | ||||||||
| Term of Renewal Period: | 5 Year(s) | ||||||||
| Passive Ownership: | Allowed, But Discouraged | ||||||||
| Area Development Agreements? | Yes, for 50 Year(s) | ||||||||
| Sub-Franchising Contracts? | Yes | ||||||||
| Franchisees Allowed to Expand Within Territory? | Yes | ||||||||
| Support and Training | |||||||||
| International Franchise Association: | No | ||||||||
| Canadian Franchise Association: | No | ||||||||
| Franchisee Association/Member: | No | ||||||||
| Size of Corporate Staff: | 10 | ||||||||
| Site Selection Assistance? | Yes | ||||||||
| Lease Negotiation Assistance? | Yes | ||||||||
| Financial Assistance? | No | ||||||||
| Marketing Support: | |||||||||
| Co-Op Advertising: | Yes | ||||||||
| National Advertising: | No | ||||||||
| Regional Advertising: | No | ||||||||
| Local Advertising: | Yes | ||||||||
| Marketing Materials: | Brochures, Coupons/rebates, Direct Mailers, Emails, Promotional Items | ||||||||
| Additional Services: | Grand Opening, In-house Marketing, Marketing Research, Newsletter, Sales Strategies | ||||||||
| Other Marketing Support: | None Specified | ||||||||
| On-Going Support: | |||||||||
| Central Data Processing: | Not Applicable | ||||||||
| Central Purchasing: | Not Applicable | ||||||||
| Field Operation Evaluation: | Included in Fees | ||||||||
| Field Training: | Included in Fees | ||||||||
| Initial Store Opening: | Included in Fees | ||||||||
| Inventory Control: | Included in Fees | ||||||||
| Franchisee Newsletter: | Included in Fees | ||||||||
| Regional or National Meetings: | Included in Fees | ||||||||
| 800 Telephone Hotline: | Included in Fees | ||||||||
| Training: | |||||||||
| 1. Toronto, ON | 2 Weeks | ||||||||
| 2. On-Site | 2 Weeks | ||||||||
| Expansion Plans | |||||||||
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Submit an online form to receive information from Mega Wraps. • Coupons • Franchise Video • Marketing Brochure • Promotional Items • UFOC |
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