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Mega Wraps

Mega Wraps

According to its Franchise Disclosure Document or public business records, Mega Wraps has 2 locations, all owned by franchisees. Public SBA loan records show 4 lenders made 4 loans to franchisees of Mega Wraps. PeerSense calculates Mega Wraps's score as 14 out of 100, using public SBA loan performance and recent lending activity.

What is the Mega Wraps franchise?

Mega Wraps is a Plano, Texas based limited service restaurant franchise serving fresh, nutritious pita based wraps prepared in an open format. The concept is aimed at “New Millennium” consumers, described as health conscious, convenience driven diners moving away from traditional fast food. The brand has 3 operating units, including 2 franchised units and 1 company operated unit, making it an early stage system with significant risk and potential. The U.S. limited service restaurant industry was valued at $97.85 billion in 2025 and is projected to reach $133.71 billion by 2030, growing at a compound annual growth rate of 6.45%. Mega Wraps prepares and shapes pita bread into a cone in front of customers, creating a visible food preparation experience. The brand has stated a goal of more than 100 locations.

Mega Wraps operates in a U.S. limited service restaurant market valued at $97.85 billion in 2025, with more than 159,000 locations nationwide. The global market reached an estimated $871 billion that year and is projected to approach $1.44 trillion by 2034 at a 5.7% annual growth rate. The QSR segment is projected to reach $330.56 billion in 2025, up from $311.54 billion the prior year, and $436.07 billion by 2029 at a CAGR of 7.2%. Consumer interest in healthier fast food supports concepts built around fresh ingredients. Digital ordering also shapes the category, with 65% of quick service restaurant visitors using mobile order ahead apps, 63% of QSR customers favoring mobile ordering, and 95% of consumers rating speed as critical to takeout.

Mega Wraps has indicated that third party financing is available and that veterans receive a discount. Across the QSR category, initial franchise fees generally range from $6,250 to $90,000, with the most common range between $10,000 and $50,000. Total investment for a limited service restaurant franchise typically ranges from $100,000 to $300,000, while the broader industry range extends from under $10,000 to $5 million. QSR royalty rates generally range from 4% to 8% of gross sales and are paid monthly. Marketing or advertising fund contributions commonly add 1% to 5%. Prospective franchisees must speak directly with the franchisor about Mega Wraps ownership costs and requirements. The brand’s headquarters in Plano, Texas places it in a franchise dense metro market with access to legal, financial, and operational resources.

Unit operations center on fresh preparation, with pita filling and cone shaping serving as both the production method and an in store customer experience. Revenue comes from physical location traffic as well as catering and delivery. The franchisor provides a 2 week pre opening training program that combines classroom work with required in field, in store experience. External consultants cover business management, food preparation, human resources, hiring and training, managerial skills, and small business finance. Franchise locations and exclusive territories are available to qualified candidates. The franchisor emphasizes entrepreneurial ability within its franchisee network, suggesting an owner operator model rather than a passive investment. Staffing requires production and customer facing team members, with hiring and training included in the curriculum.

Revenue for fast casual and fresh preparation QSR concepts depends heavily on location quality, local demographics, operator experience, and catering volume. Catering and delivery may provide additional revenue capacity beyond physical customer traffic. With only 3 operating units, Mega Wraps has limited internal history for developing reliable unit economics. Prospective investors should request unit level financial information, speak with existing franchisees under the FDD contact disclosure requirements, and consult an independent franchise attorney and accountant.

With 3 operating units and a stated goal of more than 100 locations, Mega Wraps remains at an early stage of franchise development. Its concept combines visible cone shaped pita preparation, health and nutrition positioning, and retail, catering, and delivery revenue. The limited service sector is adopting AI driven customer service tools, mobile loyalty programs, AI powered kiosks, and automated drive through systems. An early stage brand may be able to build with current technology rather than update older infrastructure. Limited service delivery sales have grown more than 20% in the most recent measured period, and Mega Wraps already has an outbound delivery and catering model. Sustainability is also becoming a stronger consumer expectation, while fresh ingredient and minimally processed offerings provide a basis for communicating nutritional and environmental values. The Plano, Texas headquarters offers proximity to multi unit operators, franchise legal specialists, and food service supply chain resources.

A suitable Mega Wraps franchisee should bring entrepreneurial drive and a willingness to remain involved in daily operations. The fresh preparation process and customer facing food assembly require an engaged operator. Food service or restaurant management experience can help, especially with staffing, food cost management, and preparation quality. The franchisor seeks franchisees who understand local demographics and competitive conditions, which may support catering and delivery development. Franchise locations and territories are available to qualified candidates, giving early entrants more market selection as the system works toward its 100 location goal. The veteran discount indicates interest in candidates from the military community. Multi unit development may suit investors with the capital and management capacity to build several locations in a defined territory.

Its market includes a U.S. limited service restaurant industry valued at $97.85 billion in 2025 and growing at 6.45% annually. Fast casual sales increased 11.2% in the most recent measured year, while consumer demand continues to favor fresh, healthy, fast, and convenient food. Investors should weigh that opportunity against execution uncertainty and the limited operating history. PeerSense helps franchise buyers compare opportunities and connect with SBA and conventional lending sources for financing discussions. PeerSense is a commercial capital advisory firm, not a lender, and does not approve or provide loans.

Loan Activity Score

14/100

SBA Default Rate

50.0%

Active Lenders

4

2 locations

Total Units

2

2 franchised

Loan Activity Score
Low
14
SBA Lending
0
Lender Quality
5
Transparency
2
Reach
4
Momentum
3

Proprietary PeerSense metric

Limited
Capital Sources
4SBA lenders

Distinct lenders in public SBA records for Mega Wraps

4

Total SBA loans

$150K

Average loan size

Source: public SBA 7(a) and 504 loan records through December 31, 2025

Referral fee at closing

SBA Lending Activity for Mega Wraps

Loan Activity Score Breakdown

Emerging (3 to 9 loans)

Limited Data
14out of 100
Limited
Market Momentum3/35

Are lenders increasingly or decreasingly funding this brand? Growing trends score highest.

Loan Safety0/25

Blended default rate (recent + all time) compared to NAICS sector peers.

Lender Confidence5/15

Quality lenders actively backing this brand, with penalty for lender pullback.

Transparency2/15

FDD availability, Item 19 disclosure, and overall data completeness.

Footprint4/10

Geographic spread of SBA funded locations across states.

SBA Lending Performance

SBA Default Rate

50.0%

vs 10.3% peer avg

SBA Loans

4

Total Volume

$0.6M

Active Lenders

4

States

2

vs. SBA Sector Average

-39.7%higher default rate

SBA loan default rate vs. all franchises in the same NAICS sector, not limited to direct competitors

Key Highlights

Data Insights

Key performance metrics for Mega Wraps based on SBA lending data

SBA Default Rate

50.0%

39.7% above peer avg

SBA Loan Volume

4 loans

Across 4 lenders

Lender Diversity

4 lenders

Avg 1.0 loans per lender

Mega Wraps: Deep SBA Data

Brand specific metrics derived directly from SBA 7(a) approval records: peak lending year, leading state, average loan size, and lender concentration. PeerSense computes these per brand so capital advisors and prospective franchisees can benchmark this opportunity against the rest of the franchise universe.

Peak SBA Year

2005

2 approvals. The best year on record for Mega Wraps.

Top SBA State

Texas

3 SBA financed Mega Wraps locations, the densest operator footprint.

Average Loan Size

$150K

Median $150K. Use as a sizing anchor when modeling your own Mega Wraps unit.

Lender Concentration

75%

Concentrated

Share of Mega Wraps approvals captured by the top 3 SBA lenders.

Mega Wraps's SBA lending pipeline peaked in 2005 (2 approvals). Operator density is highest in Texas with 3 SBA financed locations. Average funded ticket sits at $150K, with the median at $150K. Lender mix is concentrated: the top three SBA lenders account for 75% of approvals. Credit decisions concentrate with a small group of incumbents.

Payment Estimator

Loan Amount$400K
Interest Rate9.5%
Term (Years)10 yr

Estimated Monthly Payment

$5,176

Principal & Interest only

Indicative only, as of October 1, 2026. Not a quote, commitment or offer of credit. Final pricing, leverage and terms are determined by the lender at underwriting, after full transaction materials are reviewed. PeerSense sources the file. The lender sets pricing. What these terms mean.

Locations

Mega Wraps, unit breakdown

Total Units
N/A
Franchisee Owned
n/a
System Owned
n/a
Closed
n/a

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Mega Wraps

Page Review

Reviewed by Edward L. Freeman, Founder and Managing Director, PeerSense

  • PeerSense is a capital advisory firm that places commercial financing with direct capital sources; it does not lend, fund, or approve loans, and the capital source sets final terms.
  • Edward L. Freeman founded PeerSense in January 2020.
  • He is a Registered Franchise Consultant with Business Alliance, Inc., a credential issued in March 2022, and worked as a franchise consultant there from March 2022 to May 2023.
  • His recorded experience includes a $22 million SBA construction loan, with about $16 million funded on the deal.
  • In the 12 months through September 30, 2026, PeerSense tracked 912 publicly announced financings with a disclosed size of $361.32 billion. PeerSense Capital Data Report · Methodology page

Last reviewed LinkedIn profileAbout Edward Freeman