FDD-based startup cost, franchise fee, revenue, profit, SBA default rate, and investment risk signals for Great Wraps.
Based on 2024 FDD · 2 filings in corpus
Cost and profit at a glance
Based on FDDIQ's FDD corpus, a Great Wraps franchise shows an estimated initial investment of $270K – $564K. Reported owner economics show $45K. Use the links below to compare the cost, revenue, SBA loan history, and ROI against other franchises before you request the full FDD.
Quick fee read: $24K franchise fee · 6% royalty/ad burden. These figures are directional screening data, not a substitute for reading the current FDD and speaking with existing operators.
Great Wraps requires a total initial investment of $270K to $564K (midpoint approximately $417K), with an initial franchise fee of $24K. The ongoing fee burden is 6% . This is below the industry average of approximately 14.2%, leaving more margin for the operator.
According to Item 19 of the 2024 FDD, the median revenue for Great Wraps locations is $645K. The implied franchisee EBITDA is approximately $45K, based on the margin assumptions disclosed in the FDD. The estimated cash-on-cash return is 10.8% with a payback period of approximately 9.2 years.
Great Wraps operates approximately 37 franchised units.
Prospective franchisees should verify all figures against the most recent FDD, conduct validation calls with multiple existing franchisees, and consult with a franchise attorney before signing any agreement.
Analysis based on 2024 FDD filing. FDDIQ Editorial Team · Methodology
Estimated using sector-average margins. Actual franchise economics vary by location, operator, and market conditions.
Industry averages based on FranchiseIQ corpus benchmarks. ▲ = better than avg, ▼ = worse.
Common questions buyers ask about Great Wraps, answered from FDD and SBA data.
The total initial investment for a Great Wraps franchise ranges from $270K to $564K, according to their Franchise Disclosure Document.
Great Wraps charges a 5.5% royalty fee on gross sales.
The initial franchise fee for Great Wraps is $24,000.
There are approximately 37 Great Wraps franchise locations as of 2023.
The median revenue for a Great Wraps franchise is $645K, with a cash-on-cash return of 10.8%, according to FDD Item 19 data.
SBA loan default rate data for Great Wraps is not currently available in the SBA database.
Whether a Great Wraps franchise is worth it depends on total startup cost, royalty burden, FDD Item 19 economics, SBA loan performance, and local operator execution. FDDIQ compares these signals against similar franchises so buyers can screen the opportunity before paying for diligence.
Great Clips franchise costs $187,800-$419,900 to open with a $20,000 franchise fee. 6% royalties.
FDD Item 7 breaks down every cost to open a franchise. Read all 23 line items, stress-test the ra...
SBA 7(a) franchise loan approval rates by brand, default rates by sector, and what lenders want i...
Compare franchise financing options: SBA 7(a), SBA 504, ROBS 401(k) rollovers, bank loans, franch...
SBA 7(a) franchise loans explained, including the October 2026 SOP 50 10 8.1 update, eligibility,...
5 data-driven questions every Great Wraps franchise buyer should ask.