Start-Up Costs and Fees |
||
| Great Wraps | KnowFat! | |
| Investment | 159500 - 485500 | 488500 - 647000 |
| Franchise Fee | ||
| Royalty Fee | 5.50% | 5% |
| Advertising Fee | 1.5- 2.5% | |
| Year Founded | 1974 | 0 |
| Year Franchised | 1983 | 0 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Great Wraps | KnowFat! | |
| Experience | All you need is a willingness to follow our proven systems, good communication skills, and a passion for excellence - we'll teach you the rest. Existing liquid assets (CASH) of at least $100,000 and a net worth of $250,000. With that, you are then well-positioned to approach the Lender for the rest. | |
Financing Options |
||
| Great Wraps | KnowFat! | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Great Wraps | KnowFat! | |
| Training | Our two-week Training Program is extremely thorough and easy to follow. | KnowFat! offers all of our franchisees a comprehensive training program at the KnowFat! KnowLedge Center. This program includes a mix of classroom, test kitchen, and live, hands-on store training for 3 people in your organization, one of whom must be your store manager. Our field training team will assist in the opening of each store. |
| Support | Once you're open for business, we're sure that you'll find the Great Wraps a simple business to operate and our supports systems incredibly effective. | |
| Marketing | KnowFat! offers its franchisees a number of turnkey opening and ongoing marketing programs that will bring customers in the door. In addition, KnowFat! provides materials and promotions that are available through our graphics standards manual and marketing promotions manual available online as well as in hard copy. KnowFat! is also building a state-of-the-art loyalty program for franchisees to understand customer behavior and create tailored marketing programs. KnowFat! will also help franchisees track purchasing and analyze customer shopping data. | |
| Operations | ||
Expansion Plans |
||
| Great Wraps | KnowFat! | |
| US Expansion | ||
| Canada Expansion | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Great Wraps | |
| KnowFat! | |
| Franchise Fee | |
| Great Wraps | |
| KnowFat! | |
| Royalty Fee | |
| Great Wraps | 5.50% |
| KnowFat! | 5% |
| Advertising Fee | |
| Great Wraps | |
| KnowFat! | 1.5- 2.5% |
| Year Founded | |
| Great Wraps | 1974 |
| KnowFat! | 0 |
| Year Franchised | |
| Great Wraps | 1983 |
| KnowFat! | 0 |
| Term Of Agreement | |
| Great Wraps | 15 years |
| KnowFat! | |
| Renewal Fee | |
| Great Wraps | $5,000 |
| KnowFat! | |
Business Experience Requirements |
|
| Experience | |
| Great Wraps | All you need is a willingness to follow our proven systems, good communication skills, and a passion for excellence - we'll teach you the rest. Existing liquid assets (CASH) of at least $100,000 and a net worth of $250,000. With that, you are then well-positioned to approach the Lender for the rest. |
| KnowFat! | |
Financing Options |
|
| Franchise Fees | |
| Great Wraps | No |
| KnowFat! | No |
| Start-up Costs | |
| Great Wraps | |
| KnowFat! | |
| Equipment | |
| Great Wraps} | |
| KnowFat! | |
| Inventory | |
| Great Wraps | |
| KnowFat! | |
| Receivables | |
| Great Wraps | |
| KnowFat! | |
| Payroll | |
| Great Wraps | |
| KnowFat! | |
Training & Support |
|
| Training | |
| Great Wraps | Our two-week Training Program is extremely thorough and easy to follow. |
| KnowFat! | KnowFat! offers all of our franchisees a comprehensive training program at the KnowFat! KnowLedge Center. This program includes a mix of classroom, test kitchen, and live, hands-on store training for 3 people in your organization, one of whom must be your store manager. Our field training team will assist in the opening of each store. |
| Support | |
| Great Wraps | Once you're open for business, we're sure that you'll find the Great Wraps a simple business to operate and our supports systems incredibly effective. |
| KnowFat! | |
| Marketing | |
| Great Wraps | |
| KnowFat! | KnowFat! offers its franchisees a number of turnkey opening and ongoing marketing programs that will bring customers in the door. In addition, KnowFat! provides materials and promotions that are available through our graphics standards manual and marketing promotions manual available online as well as in hard copy. KnowFat! is also building a state-of-the-art loyalty program for franchisees to understand customer behavior and create tailored marketing programs. KnowFat! will also help franchisees track purchasing and analyze customer shopping data. |
| Operations | |
| Great Wraps | |
| KnowFat! | |
Expansion Plans |
|
| US Expansion | |
| Great Wraps | |
| KnowFat! | |
| Canada Expansion | |
| Great Wraps | 0 |
| KnowFat! | |
| International Expansion | |
| Great Wraps | |
| KnowFat! | |