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Great Wraps Grill franchise: cost, fees & unit track record

Food & BeverageFDD entity year 2001

No veteran incentive on file (as of 2026-05) — none documented in the sources we can check, which is not proof the brand offers none. Ask the brand directly, or see brands with documented veteran incentives.

Visit Great Wraps Grill's franchise page — the franchisor's own site, where questions we can't answer (like territory availability) belong.

Opening a Great Wraps Grill franchise takes $159,500 – $485,500 all-in, per its franchise disclosure filings (data as of 2026-05). The initial franchise fee is $22,500. Ongoing, franchisees pay a royalty of 6% on sales plus an ad-fund contribution of up to 1%. To qualify, Great Wraps Grill asks for $125,000 in liquid cash and a $400,000 net worth. Anything the filings do not state is marked "Not disclosed" below — never estimated.

Great Wraps Grill franchise costs and fees

The Great Wraps Grill all-in cost ledger
Verification markCost itemRange
Source-cited figureInitial franchise feeOne-time, paid to the franchisor at signing$22,500
Source-cited figureInitial investment (all-in)FDD Item 7-derived range: build-out, equipment, opening costs$159,500 to $485,500
Source-cited figureNet worth requiredFranchisor's stated qualification minimum$400,000
Source-cited figureLiquid cash requiredFranchisor's stated qualification minimum$125,000
Footed totalCash to open (all-in range)$159,500 to $485,500
as of 2026-05 · Source: franchise disclosure filings (FDD-derived dataset)Tickmark legend: how we verify
Ongoing fees and term
RoyaltyOngoing, % of sales6%
Ad fundOngoing, % of salesUp to 1%
Initial termLength of the first franchise agreement15 years
as of 2026-05 · Source: franchise disclosure filingsHow we check these figures

See the full Great Wraps Grill cost breakdown — what's in that number and what isn't

How Great Wraps Grill's cost compares

A dollar figure means more with a yardstick. Here is where Great Wraps Grill's disclosed cost sits against the Food & Beverage category:

  • Minimum startup cost of $159,500 — about 44% below the Food & Beverage median of $282,500.
  • Initial franchise fee of $22,500 — about 36% below the Food & Beverage median of $35,000.

Category medians are computed from the Food & Beverage brands in our data that disclosed each figure — a benchmark for scale, not a quality judgment. See all Food & Beverage franchises

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How Great Wraps Grill's units have held up

Openings and closures from FDD Item 20-style unit history, 2012–2017: began the window at 63 units; 37 units opened, 41 closed, ending at 56 units.

37 units opened and 41 closed between 2012 and 2017.2012: 15 opened2012: 5 closed2013: 8 opened2013: 8 closed2014: 3 opened2014: 9 closed2015: 6 opened2015: 5 closed2016: 4 opened2016: 2 closed2017: 1 opened2017: 12 closed
75%
of units at risk 2015–2017 did not close
Openings above the line in ink; closures below it in red. Great Wraps Grill began the window at 63 units. 37 units opened and 41 closed between 2012 and 2017.How we compute this

What about earnings?

We don't publish per-brand earnings figures — for Great Wraps Grill or anyone else. The only primary source is Item 19 of the brand's own franchise disclosure document (FDD), and no law requires a franchisor to publish one, so the "average owner income" numbers circulating elsewhere are usually unsourced or survivorship-biased. Ask Great Wraps Grill for its current FDD and read Item 19 yourself — and if there is no Item 19, that silence is information too.

How to read the earnings evidence: how much do franchise owners make?

What this data can't tell you

Everything on this page comes from disclosure filings — fees, ranges, and unit counts. Four questions that matter just as much are not in any filing we can source, so we say so instead of guessing:

The hours and the labor
No dataset field says whether Great Wraps Grill is a manage-from-a-laptop business or a 60-hour week in disguise. Item 15 of the FDD states whether you're obligated to run the business personally, and Item 11 lists what the franchisor actually does for you — then ask current owners what their week looks like (validation calls), not the sales team.
How hands-on the ownership really is
"Semi-absentee" is a pitch, not a filing field. Treat any hands-off claim as unverified until it's consistent with Item 15 and with what multiple current franchisees tell you — what absentee ownership actually means.
Your territory — whether it's protected, and whether it's open
Two territory questions sit outside our data. Whether Great Wraps Grill grants a protected or exclusive area is set in Item 12 of the FDD and varies brand to brand — some grant none, and the carve-outs (online sales, national accounts) matter as much as the map. And filing data can't say what's open in your market this month; only Great Wraps Grill can confirm current availability. Ask both before you inquire, and get the answer in writing.
What owners earn
Covered honestly above: our dataset has no earnings fields, the only primary source is the brand's own Item 19, and here is how to read that evidence.

About the Great Wraps Grill franchise

Great Wraps Grill is a food & beverage franchisor with 56 units at the end of 2017 (FDD Item 20-style unit history). Between 2012 and 2017, it began the window at 63 units; its filings record 37 unit openings and 41 closures, ending at 56 units. Its parent company is Great Wraps, Inc..

No franchise-related lawsuits reported in the disclosure data we hold (FDD Item 3, as of 2026-05) — an absence in our sources, not a guarantee; confirm against the brand's current FDD.

From the franchisor's materials

The Franchisee will operate a fast food sandwich restaurant under the name "Great Wraps". You may also operate the franchised business under our mark, "Gyro Wrap".

Excerpted from Great Wraps Grill's own marketing materials — the brand's voice, not ours, and not checked by us (earnings and return claims removed).

Great Wraps Grill franchise: quick answers

How much does a Great Wraps Grill franchise cost?
$159,500 – $485,500 all-in to open, per Great Wraps Grill's franchise disclosure filings (data as of 2026-05).
How many Great Wraps Grill units are there?
56 units at the end of 2017 (FDD Item 20-style unit history).
How have Great Wraps Grill's units held up?
75% of units at risk between 2015 and 2017 did not close, per our metric recomputed from FDD Item 20-style unit history (methodology published on our verification page).