Great Wraps Grill
Great Wraps, Inc.
Company Information
17Executive Park Drive, Suite 150Atlanta, Georgia 30329
Great Wraps, Inc.’ principal business address is 17 Executive Park Drive Suite 150, Atlanta, Georgia 30329. They were originally incorporated in the State of Georgia on December 16, 1988 as SKS, Inc. On December 30, 1988, SKS, Inc. purchased all of the franchise assets of Shipfeifer, Inc., a Georgia corporation. Since 1979, Shipfeifer had been selling franchises for the operation of fast food restaurants known as Shipfeifer’s Gyro-Wrap. On February 9, 1989, SKS, Inc. changed its name to Gyro Wrap, Inc., they began selling franchises at that time, and the franchises sold were called “Gyro Wrap”. In 2001, they changed their corporate name to Great Wraps, Inc.
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Franchise Rating
Franchimp Summary Rating
4/10
Investment Accessibility
4/10
Franchise System Development
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Distribution of Great Wraps Grill Franchisee
Employee Contact Database
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Summary of Investment Costs
Upfront Franchise Fees
Minimum: $22,500 Maximum: $22,500
Upfront franchise fees are the one-time payments required to secure rights to operate under an established brand, typically ranging from $20,000 to $100,000+ depending on brand value.
These fees grant access to proprietary business systems, training programs, intellectual property rights, and often territorial exclusivity—essentially purchasing the blueprint for a proven business model.
While separate from ongoing royalties, investors should evaluate these fees against expected returns, comparing fee-to-earnings ratios across opportunities and assessing how effectively franchisors reinvest these funds into system improvements.
Total Investment Costs
Minimum: $159,500 Maximum: $485,500
Ongoing Fees
Ongoing franchise fees, typically structured as royalties ranging from 4-8% of gross sales, represent the continuous payments franchisees make to maintain brand affiliation and support services.
These recurring fees fund the franchisor's operational assistance, marketing initiatives, technology updates, and continued brand development—creating a partnership where the franchisor's revenue grows alongside the franchisee's success. In addition to royalties, franchisees often contribute to national advertising funds (usually 1-3% of sales) and may incur technology fees, supply chain markups, or renewal fees depending on the franchise agreement.
Investors should carefully analyze these ongoing costs within their financial projections, as they directly impact profit margins and cash flow throughout the entire franchise relationship.
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