Start-Up Costs and Fees |
||
| Great Wraps | Repicci's Italian Ice | |
| Investment | 159500 - 485500 | 40350 - 162850 |
| Franchise Fee | ||
| Royalty Fee | 5.50% | $3,600 per year |
| Advertising Fee | ||
| Year Founded | 1974 | 1998 |
| Year Franchised | 1983 | 2005 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Great Wraps | Repicci's Italian Ice | |
| 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 | Repicci's Italian Ice | |
| Franchise Fees | No | No |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| Great Wraps | Repicci's Italian Ice | |
| Training | Our two-week Training Program is extremely thorough and easy to follow. | * Available at headquarters: 3 days * At franchisee's location: 2 days |
| 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 | ||
| Operations | * Franchise can be run from home * Number of employees needed to run franchised unit: 1 - 2 * Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Great Wraps | Repicci's Italian Ice | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | |
| Canada Expansion | 0 | |
| International Expansion | Argentina, Brazil, Canada, Chile, Colombia, Ecuador, Mexico, Peru, Venezuela |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Great Wraps | |
| Repicci's Italian Ice | |
| Franchise Fee | |
| Great Wraps | |
| Repicci's Italian Ice | |
| Royalty Fee | |
| Great Wraps | 5.50% |
| Repicci's Italian Ice | $3,600 per year |
| Advertising Fee | |
| Great Wraps | |
| Repicci's Italian Ice | |
| Year Founded | |
| Great Wraps | 1974 |
| Repicci's Italian Ice | 1998 |
| Year Franchised | |
| Great Wraps | 1983 |
| Repicci's Italian Ice | 2005 |
| Term Of Agreement | |
| Great Wraps | 15 years |
| Repicci's Italian Ice | 10 years |
| Renewal Fee | |
| Great Wraps | $5,000 |
| Repicci's Italian Ice | $2,000 |
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. |
| Repicci's Italian Ice | |
Financing Options |
|
| Franchise Fees | |
| Great Wraps | No |
| Repicci's Italian Ice | No |
| Start-up Costs | |
| Great Wraps | |
| Repicci's Italian Ice | |
| Equipment | |
| Great Wraps} | |
| Repicci's Italian Ice | |
| Inventory | |
| Great Wraps | |
| Repicci's Italian Ice | |
| Receivables | |
| Great Wraps | |
| Repicci's Italian Ice | |
| Payroll | |
| Great Wraps | |
| Repicci's Italian Ice | |
Training & Support |
|
| Training | |
| Great Wraps | Our two-week Training Program is extremely thorough and easy to follow. |
| Repicci's Italian Ice | * Available at headquarters: 3 days * At franchisee's location: 2 days |
| 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. |
| Repicci's Italian Ice | |
| Marketing | |
| Great Wraps | |
| Repicci's Italian Ice | |
| Operations | |
| Great Wraps | |
| Repicci's Italian Ice | * Franchise can be run from home * Number of employees needed to run franchised unit: 1 - 2 * Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| Great Wraps | |
| Repicci's Italian Ice | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Canada Expansion | |
| Great Wraps | 0 |
| Repicci's Italian Ice | |
| International Expansion | |
| Great Wraps | |
| Repicci's Italian Ice | Argentina, Brazil, Canada, Chile, Colombia, Ecuador, Mexico, Peru, Venezuela |