6/10

Franchimp Summary Rating

4 /10
Higher than 61% of peers

Franchise Summary

Description
Garbanzo Mediterranean Grill Franchising, LLC is offering franchises for area director rights, which entitle the area director ("Area Director") to market and provide site selectionand support services to franchisees operating Garbanzo Mediterranean Fresh Restaurants in the AD Development Area ("AD Franchise").
Company Background
Garbanzo Mediterranean Fresh is a franchise opportunity with an established menu of fresh and healthy options, a streamlined business model that is affordable for entrepreneurs, and a strong focus on community involvement. Garbanzo has been in the restaurant industry for 18 years, serving signature dishes from across the Mediterranean region. The company offers franchises for area director rights which entitle area directors to market site selection and support services to franchisees operating Garbanzo restaurants in their given development area. Area directors are tasked with recruiting potential franchisees as well as helping them navigate through all areas of opening a new restaurant including construction costs, real estate availability, lease negotiation terms and more.
Franchise Opportunity
Owning and operating a restaurant can be risky. The costs of goods, employee turnover, and rent can all quickly add up, putting your business in danger. Opening a restaurant is a huge investment, and it's important to make sure that you're doing everything possible to set yourself up for success. That's why franchising with Garbanzo Mediterranean Fresh is such a smart decision. As an Area Director, you'll have access to our team of experts who will help you find the perfect location for your restaurant, provide training and support to your franchisees, and help you grow your business. With our years of experience in the restaurant industry, we'll help you take your business to the next level.
Corporate Structure
Garbanzo Mediterranean Grill Franchising, LLC is a Colorado limited liability company that was formed on October 10, 2008. They maintain their principal place of business at 7700 E. Arapahoe Road, Suite 270, Centennial, CO 80112. They began offering franchises in October 2009.

Earnings Transparency

7 /10
This Franchise discloses slightly more information about the financial performance of their franchisees compared to other franchises in the same industry

Why do some franchises disclose more than others?
There are many reasons why a brand may choose to not include item 19 on their FDD: they could be a newer franchise, they may be in a unique industry that is not super profitable or well-known yet

Financial Performance of "University" Units

Average Revenue Per Unit

Compared vs. QSR Industry

$337,280 / unit

Franchise Type: University

Average Revenue During 2020

$337,280
$173,917
Industry Low
$2,256,060
Industry High

Financial Performance of "Airport" Units

Average Revenue Per Unit

Compared vs. QSR Industry

$1,172,331 / unit

Franchise Type: Airport

Average Revenue During 2020

$1,172,331
$173,917
Industry Low
$2,256,060
Industry High

Financial Performance of "Traditional" Units

Average Revenue Per Unit

Compared vs. QSR Industry

$801,126 / unit

Franchise Type: Traditional

Average Revenue During 2020

$801,126
$173,917
Industry Low
$2,256,060
Industry High

Franchise Types Available

# Type Investment Fees

Employee Contact Database

# Name Position Phone Number Email Address

Distribution of Garbanzo Mediterranean Fresh Franchisees

Garbanzo Mediterranean Fresh Franchise System Development in 2021

FAQ

How much investment do I need to start my own Garbanzo Mediterranean Fresh business?
Franchisees typically require at least $552 to $734 investment to get their Garbanzo Mediterranean Fresh business started
What are the initial franchise fees for Garbanzo Mediterranean Fresh?
Franchisees typically need to pay at least $35 in fees directly to Garbanzo Mediterranean Fresh in order to earn the right to launch their business
How much money can I make with a Garbanzo Mediterranean Fresh franchise? What are the average revenues for a typical Garbanzo Mediterranean Fresh business?
We estimate that the average revenue of an individual Garbanzo Mediterranean Fresh unit is approximately $337,280. We based this on Item 19 in franchise disclosure document
How long do I need to commit to running a Garbanzo Mediterranean Fresh unit? What is my contractual commitment?
The standard length for an initial franchise contract is 10 years. Renewals are also generally 10 years

Accessibility

4 /10
The Franchisor's investment costs ranges from $552,057 to $734,957 which is Much Higher than the $0 to $0 average in the QSR industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc

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