Start-Up Costs and Fees |
||
| Mega Wraps | Wild Noodles | |
| Investment | 189000 - 189000 | 273500 - 350000 |
| Franchise Fee | ||
| Royalty Fee | 6% | 5% |
| Advertising Fee | 2% | |
| Year Founded | 1998 | 2001 |
| Year Franchised | 1999 | 2003 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Mega Wraps | Wild Noodles | |
| Experience | Past management experience | |
Financing Options |
||
| Mega Wraps | Wild Noodles | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Mega Wraps | Wild Noodles | |
| Training | ||
| Support | Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | |
| Marketing | Co-op advertising, Ad slicks, Regional advertising | |
| Operations | Average Number of Employees: 2 Full-time, 4 Part-time Passive Ownership: Allowed, But Discouraged | Franchisees required to buy multiple units/master licenses; 100% of all franchisees own more than one unit Number of employees needed to run franchised unit: 12 - 15 Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
||
| Mega Wraps | Wild Noodles | |
| 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 | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory | 0 |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Mega Wraps | |
| Wild Noodles | |
| Franchise Fee | |
| Mega Wraps | |
| Wild Noodles | |
| Royalty Fee | |
| Mega Wraps | 6% |
| Wild Noodles | 5% |
| Advertising Fee | |
| Mega Wraps | 2% |
| Wild Noodles | |
| Year Founded | |
| Mega Wraps | 1998 |
| Wild Noodles | 2001 |
| Year Franchised | |
| Mega Wraps | 1999 |
| Wild Noodles | 2003 |
| Term Of Agreement | |
| Mega Wraps | 5 Years +5 |
| Wild Noodles | 20 years |
| Renewal Fee | |
| Mega Wraps | |
| Wild Noodles | 1/2 of current franchise fee |
Business Experience Requirements |
|
| Experience | |
| Mega Wraps | |
| Wild Noodles | Past management experience |
Financing Options |
|
| Franchise Fees | |
| Mega Wraps | |
| Wild Noodles | |
| Start-up Costs | |
| Mega Wraps | |
| Wild Noodles | |
| Equipment | |
| Mega Wraps} | |
| Wild Noodles | |
| Inventory | |
| Mega Wraps | |
| Wild Noodles | |
| Receivables | |
| Mega Wraps | |
| Wild Noodles | |
| Payroll | |
| Mega Wraps | |
| Wild Noodles | |
Training & Support |
|
| Training | |
| Mega Wraps | |
| Wild Noodles | |
| Support | |
| Mega Wraps | |
| Wild Noodles | Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| Mega Wraps | |
| Wild Noodles | Co-op advertising, Ad slicks, Regional advertising |
| Operations | |
| Mega Wraps | Average Number of Employees: 2 Full-time, 4 Part-time Passive Ownership: Allowed, But Discouraged |
| Wild Noodles | Franchisees required to buy multiple units/master licenses; 100% of all franchisees own more than one unit Number of employees needed to run franchised unit: 12 - 15 Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| Mega Wraps | 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 |
| Wild Noodles | |
| Canada Expansion | |
| Mega Wraps | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory |
| Wild Noodles | 0 |
| International Expansion | |
| Mega Wraps | |
| Wild Noodles | |