Franchising since 2015 · 9 locations
The total investment to open a Wrap City franchise ranges from $26,500 - $243,500. The initial franchise fee is $27,500. Wrap City currently operates 9 locations (9 franchised). PeerSense FPI health score: 66/100.
$26,500 - $243,500
$27,500
9
9 franchised
Proprietary PeerSense metric
StrongActive capital sources verified for Wrap City financing
SBA
7(a) Eligible
21d
Avg Funding
P+2.25%
Best Rate
No retainers · Referral fee at closing
Growing (10-24 loans)
SBA Default Rate
0.0%
0 of 14 loans charged off
SBA Loans
14
Total Volume
$1.8M
Active Lenders
3
States
2
Franchise investors often grapple with the pivotal decision of identifying a concept that not only resonates with contemporary consumer demand but also offers a robust, scalable operating model capable of thriving in a highly competitive market landscape. The challenge lies in discerning genuine opportunities from fleeting trends, especially within the dynamic Limited-Service Restaurant sector. Wrap City, a brand meticulously designed for replication and market adaptation, emerges from this demanding environment with a compelling proposition. Founded in 2015 by Peter Ackerman and Gregg Ryan in Londonderry, New Hampshire, the original restaurant quickly transcended its initial role, becoming a beloved community staple and subsequently serving as the foundational prototype and training hub for all new franchise locations. This strategic genesis underscores a deliberate, franchise-first approach from its very inception. Peter Ackerman’s additional role as an owner and partner of Wrap City, LLC, further solidifies the direct and deep involvement of the co-founders in the brand's strategic direction and operational integrity. With its headquarters firmly rooted in Londonderry, New Hampshire, and a complementary training HQ located in Derry, NH, Wrap City’s mission is to captivate customers through an inspiring array of regional and international wraps, sandwiches, salads, and flatbreads, seamlessly blending age-old culinary favorites with distinctive Wrap City specialties. This commitment to unique flavor combinations and quality offerings positions the brand distinctively within the fast-casual segment. From its singular establishment in 2015, Wrap City has demonstrated an impressive growth trajectory, expanding to 14 units according to recent web research findings. Complementary franchise data indicates a total of 11 units, with 9 specifically identified as franchised, underscoring the brand’s strategic reliance on the franchise model for its aggressive expansion strategy. This rapid growth, achieved in less than a decade, highlights a successful and attractive replication model. The brand operates within the expansive Limited-Service Restaurants (LSR) category, a formidable segment that commands 80% of the total consumer spending within the U.S. foodservice sector. This global market is projected to swell from an estimated $871.02 billion in 2025 to an astounding $1.436 trillion by 2034, exhibiting a robust Compound Annual Growth Rate (CAGR) of 5.7%. The U.S. market segment alone is forecast to grow from $97.85 billion in 2025 to $133.71 billion by 2030, at a CAGR of 6.45%. Wrap City’s explicit ambition to achieve nationwide expansion, actively seeking prime locations in towns across every state, coupled with its concept’s "national and international flare," strategically positions it as a rapidly ascending player poised for broad market penetration. This foundational analysis, grounded in verifiable data and independent assessment, offers a clear, unbiased perspective on the Wrap City franchise opportunity, distinguishing it sharply from promotional content and serving as a critical resource for prospective investors.
The Limited-Service Restaurant (LSR) industry, which forms the core operational landscape for the Wrap City franchise, represents a monumental segment within the broader U.S. foodservice economy, capturing an impressive 80% of total consumer spending. This vast market’s global valuation stood at an estimated $871.02 billion in 2025 and is projected to surge to approximately $1.436 trillion by 2034, demonstrating a robust Compound Annual Growth Rate (CAGR) of 5.7%. The U.S. specific market for LSRs is independently estimated at $97.85 billion in 2025, with a compelling forecast to reach $133.71 billion by 2030, driven by a CAGR of 6.45%. Within this expansive category, the Quick-Service Restaurant (QSR) market is anticipated to grow from $311.54 billion to $330.56 billion in 2025 alone, ultimately projecting to reach $436.07 billion by 2029 with a CAGR of 7.2%. Concurrently, the fast-casual restaurant segment, a direct operational peer for Wrap City, is poised for particularly explosive growth, expected to generate an additional $84.5 billion in revenue between 2025 and 2029, propelled by an impressive CAGR of 13.7%. These formidable market sizes and sustained growth rates underscore a highly attractive environment for franchise investment. This robust expansion is underpinned by several powerful consumer trends and secular tailwinds. Consumers, increasingly characterized by busier lifestyles, consistently prioritize convenience and speed, a demand directly met by quick-service and fast-casual options. This preference is starkly reflected in the surging growth of delivery services, which have seen sales in the limited-service sector escalate by over 20% in the past year alone, alongside a growing reliance on mobile ordering capabilities. The pervasive shift towards "digital-first customer journeys," incorporating innovations such as automated kitchens and loyalty-driven mobile applications, further streamlines the dining experience and enhances efficiency. Moreover, a pronounced consumer demand for greater variety, enhanced affordability, and an increasing focus on health-conscious menu options directly benefits concepts like Wrap City, with its diverse offerings of regional and international wraps, sandwiches, salads, and flatbreads. The burgeoning popularity of fast-casual dining, which offers a more upscale and customizable experience than traditional fast-food, provides a significant growth driver that perfectly aligns with the Wrap City franchise model. These powerful macro forces collectively create a fertile and expanding landscape for franchise investment, particularly for brands like Wrap City that are strategically designed for operational efficiency, adaptability, and responsiveness to evolving consumer preferences, positioning it for substantial market capture in a dynamic industry.
Understanding the financial commitment is paramount for any prospective franchisee, and the Wrap City franchise presents a mid-tier investment opportunity within the competitive fast-casual segment. The initial franchise fee for a Wrap City franchise is specified as $27,500 according to detailed franchise data, though web research indicates a slight variance, citing figures of $25,000 and $30,000 in different sources. This fee grants the franchisee the fundamental rights to operate under the established Wrap City brand, leverage its proven business model, and access its proprietary systems and intellectual property. The total investment required to launch a Wrap City franchise spans a considerable range, from $121,733 to $471,283, with some information suggesting startup costs can be as low as $80,000. This broad spectrum is primarily influenced by a multitude of factors, including the specific real estate costs in chosen markets, the extent of necessary leasehold improvements for a new build-out versus a conversion of an existing space, the comprehensive purchase of kitchen and front-of-house equipment, the initial inventory of food and supplies, and the essential working capital required for the initial months of operation. Illustrative examples from recent store openings include startup costs of $85,000 for the Epping, NH location and $110,000 for the Tilton, NH location, vividly demonstrating the geographical and format-dependent variability in actual investment. The franchise data, independently, reports a narrower initial investment range from $26,500 to $243,500, which could indicate flexibility for different operational formats, such as smaller footprints or conversion models that reduce extensive construction costs. To ensure financial readiness, prospective Wrap City franchisees are required to possess a minimum of $75,000 in liquid capital, signifying the need for readily accessible funds to cover immediate startup expenses and provide an operational buffer. While specific ongoing royalty rates and advertising fund fees for the Wrap City franchise are not explicitly detailed in the provided data, these are standard components of nearly all franchise agreements, typically comprising a percentage of gross sales for royalties and a contribution to a system-wide marketing fund to support brand visibility and growth. These ongoing fees are critical for a comprehensive total cost of ownership analysis. In terms of accessibility, the Wrap City franchise positions itself as a mid-tier investment, offering a more attainable entry point compared to many high-capital restaurant concepts, yet still requiring a significant liquid capital commitment. To further support its franchisees, Wrap City actively facilitates access to third-party financing options, which can be instrumental in securing the necessary capital for the initial investment. Furthermore, the brand demonstrates a commendable commitment to military veterans by offering a substantial 20% discount on the franchise fee, thereby enhancing the accessibility of the Wrap City franchise opportunity for this deserving demographic. The stable corporate backing provided by co-founders Peter Ackerman and Gregg Ryan, who are identified as key leadership and owners of Wrap City, LLC, provides a solid and experienced foundation for the brand's continued expansion and franchisee support.
The operating model of a Wrap City franchise is meticulously designed for streamlined efficiency and robust profitability, characteristic of a well-executed fast-casual restaurant concept. Daily operations for a franchisee involve a comprehensive set of activities, beginning with the strategic sourcing of high-quality food and beverages from approved direct suppliers, ensuring consistency and cost-effectiveness across the system. The core of the daily routine centers on the preparation and service of Wrap City’s diverse menu, which includes an inspiring array of regional and international wraps, sandwiches, salads, and flatbreads, alongside their celebrated homemade potato chips. Managing exceptional customer service is paramount, ensuring a positive dining experience that fosters repeat business and strong local reputation. The business model is specifically engineered to be simple and efficiently structured, facilitating ease of operation for franchisees and enabling seamless replication across various market demographics. The co-founders purposefully designed the physical locations to optimize for their specific product offerings, utilizing cost-effective yet durable materials for interior elements such as wood finishes, flooring, signage, and essential cooking equipment, all aimed at maintaining reasonable startup costs for the Wrap City franchise. While explicit staffing requirements are not exhaustively detailed, the inherent efficiency and simplicity of the fast-casual model strongly suggest a lean and optimized labor model. The founders’ philosophy, emphasizing "treating people right," likely translates into a positive internal culture, contributing to staff retention and consistent operational quality. The streamlined nature of the business model is also intended to simplify staffing and training processes, making it more manageable for new franchisees. Wrap City provides an extensive and multi-phased training program to ensure franchisees are fully equipped for success. This program commences with 3 weeks of intensive headquarters training conducted at the Wrap City HQ in Londonderry or Derry, New Hampshire, or another designated location by the Franchisor. This foundational training typically begins approximately 8 to 12 weeks prior to the franchisee’s scheduled opening date. Following the HQ training, franchisees receive 7 to 10 days of invaluable on-location training directly at their specific franchise site, providing hands-on assistance and critical support during the crucial business launch phase. Beyond initial onboarding, franchisees benefit from continuous operational support, strategic marketing guidance, and optimized purchasing assistance. The corporate structure further extends support through accounting and legal aid, complemented by ongoing research and development initiatives to keep the menu innovative and competitive. Franchisees also participate in 2 annual sessions, each up to 2 days, for essential refresher training or general meetings, ensuring they remain abreast of best practices and system updates. When joining the Wrap City team, franchisees are granted an exclusive territory, typically defined by a population range of approximately 25,000 to 100,000, providing a protected market for their development efforts. The Wrap City franchise also offers the flexibility for investors to either establish a new business from the ground up or convert an existing restaurant operation to operate under the Wrap City brand, catering to diverse investment scenarios. The model strongly favors an owner-operator approach, with a clear corporate stance that passive ownership is not suitable, reinforcing the brand’s commitment to deeply engaged and hands-on franchisees.
For prospective investors considering a Wrap City franchise, it is critical to note that Item 19 financial performance data, which would typically include comprehensive figures such as average revenue per unit, median revenue, or detailed profit margin data, is not disclosed in the current Franchise Disclosure Document. Franchisors are not legally obligated to provide these specific financial performance representations (FPRs) within Item 19 of their FDD; however, if such claims regarding sales, income, gross profits, or net profits are made, they must be transparently disclosed and rigorously supported by documented data. The absence of these specific disclosures means that investors must rely on broader industry benchmarks, the brand's observable growth trajectory, and other qualitative indicators for their financial projections for a Wrap City franchise. To provide context for potential performance, the broader Limited-Service Restaurant (LSR) market offers compelling insights. The U.S. restaurant industry as a whole is projected to surpass $1.5 trillion in annual sales by the close of 2025, with limited-service formats contributing a substantial $548.9 billion in sales during 2024. Significantly, in 2024, sales within limited-service chains experienced an 8.5% growth, notably outpacing their full-service counterparts, which grew at 5.0%. Within this, fast-casual establishments, a direct competitive segment for Wrap City, recorded an impressive 11.2% increase in sales. The Quick-Service Restaurant (QSR) market is projected to reach $330.56 billion in 2025, marking an increase from $311.54 billion in the preceding year, further illustrating the robust demand within this sector. These formidable industry sales figures and consistent growth rates strongly suggest a vibrant market environment that a strategically positioned Wrap City franchise is well-equipped to capitalize on. Despite the lack of specific Item 19 data, the Wrap City franchise has demonstrated a compelling and consistent growth trajectory since its inception. Starting as a single unit in 2015, the brand has expanded to 14 units according to web research, with franchise data indicating a total of 11 units and 9 specifically franchised units. This steady expansion, particularly the increase in franchised units, serves as a strong signal of the successful replication of the Wrap City concept and its positive reception in various markets. Such sustained unit growth, especially within a highly competitive industry, implicitly suggests a business model that is proving viable and attractive to new investors. Further insights into potential unit-level performance can be gleaned from the remarkable success of Wrap City’s homemade potato chips. This distinctive side product has evolved into a thriving standalone business, with the chips now available for sale in prominent grocery chains such as Market Basket and Hannaford. This dual revenue stream and strong consumer demand for the chips, frequently described by customers as "goooood" or "crack chips," indicate a significant draw that can drive both in-restaurant sales and broader brand recognition for a Wrap City franchise. Customer feedback, particularly praising the original Londonderry store for its consistent food quality and dedicated owner care, further reinforces the brand’s strong product-market fit, which is crucial for fostering repeat business and ensuring robust unit-level sales. The brand’s "Recipe to Revenue" philosophy, which prioritizes making consistently good food, treating people with respect, maintaining a clean environment, and offering fair pricing, underpins a strategic approach designed for sustainable profitability, even in the absence of explicit Item 19 financial disclosures.
Wrap City has demonstrated a compelling growth trajectory since its founding in 2015, evolving from a singular restaurant into a expanding franchise system. From its initial unit, the brand has grown to 14 units as per web research findings, with franchise data indicating 11 total units and 9 franchised units, reflecting a clear strategic shift towards leveraging the franchise model for expansion. This consistent increase in unit count underscores the successful replication of the Wrap City concept and its appeal to a growing base of franchisees. The company is actively pursuing franchising opportunities to broaden its footprint across the United States, exemplified by a specific franchise location already operating in Aurora, Ohio, which showcases the brand's capability to establish a presence beyond its New Hampshire origins. The ambitious goal to expand nationwide, meticulously seeking prime locations
FPI Score
66/100
SBA Default Rate
0.0%
Active Lenders
3
Key performance metrics for Wrap City based on SBA lending data
SBA Default Rate
0.0%
0 of 14 loans charged off
SBA Loan Volume
14 loans
Across 3 lenders
Lender Diversity
3 lenders
Avg 4.7 loans per lender
Investment Tier
Mid-range investment
$26,500 – $243,500 total
Estimated Monthly Payment
$274
Principal & Interest only
Wrap City — unit breakdown
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