Great Wraps FDD Summary
Type of Business
The Franchisee will operate a fast food sandwich restaurant under the name “Great Wraps Grill”.
Corporate Information
Great Wraps, Inc.’ principal business address is 4 Executive Park East, Atlanta, Georgia 30329. They were originally incorporated in the State of Georgia on December 16, 1988 as SKS, Inc. On December 30, 1988, SKS, Inc. purchased all of the franchise assets of Shipfeifer, Inc., a Georgia corporation. Since 1979, Shipfeifer had been selling franchises for the operation of fast food restaurants known as Shipfeifer’s Gyro-Wrap. On February 9, 1989, SKS, Inc. changed its name to Gyro Wrap, Inc., they began selling franchises at that time, and the franchises sold were called “Gyro Wrap”. In 2001, they changed their corporate name to Great Wraps, Inc.
Investment
The total investment necessary to begin operation of a Great Wraps Grill franchise is between $159,500 and $485,500, with the restaurants at the higher end of the range being units located in airports. This includes $22,500 that must be paid to the franchisor and affiliate.