Mega Wraps Franchise
Pita Wraps
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.
Start-up Costs & Franchises Fees
What is the total cost to open a Mega Wraps Franchises?
Total Cost: $189,000 USD
Total Franchise Fees: $10,000 USD
Ongoing Royalty Fees: 6%
Ongoing Advertising Fees: 2%
Term of Agreement: 5 Years +5
Contact Information for Mega Wraps
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Mega Wraps |
Phone Number: (877) 899-7277 |
Historical Expansion
In what year did Mega Wraps begin operations? 1998
When did Mega Wraps begin selling franchises? 1999
Year United States Canada International Corporate 2008 14 43 0 1
Future Expansion
United States: Nationwide
Canada: Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory
Franchise Operation Restrictions
Average Number of Employees: 2 Full-time, 4 Part-timePassive Ownership: Allowed, But Discouraged
Franchise Analyzer Professional's Inside Information
Can you buy this franchise for no money down? YesPlease note: You must download a free copy of Franchise Analyzer Professional to receive these benefits and so much more. Click here to download your FREE copy now.
What key terms in the franchise agreement can be negotiated? Cross-default provisions, arbitration clause, personal guarantee, default cure periods, non-compete agreement, favorable valuations for corporate buyout
Can you negotiate lower royalties during start-up? Yes
Can you purchase multiple franchises for a discounted franchise fee? Yes
Can you receive lower advertising fees? Yes
Will I know when the franchise break even? Yes
Will my personal assets including my home be safe in case my franchise business fails? Yes