Franchise Summary
Description
Taziki’s Franchising, LLC offers Mediterranean inspired fast casual restaurant franchises.
Company Background
Taziki's Mediterranean Caf? is a franchising company that offers Mediterranean-inspired fast casual restaurant franchises. Taziki's offer delicious and healthy options for lunch, dinner, and catering. The menu includes: gyros, chicken kebobs, falafel wraps, hummus plates and more.
Franchise Opportunity
The Mediterranean diet is one of the healthiest in the world, but it can be hard to find good Mediterranean food outside of a few big cities. Not only is the Mediterranean diet one of the healthiest in the world, but it's also been shown to reduce your risk of heart disease and other chronic illnesses. Taziki's offers a healthy and delicious alternative to fast food. Our fresh ingredients and made-to-order meals will make you feel like you're on vacation in Greece or Italy.
Corporate Structure
We are an Alabama limited liability company formed on January 1, 2013. Our principal business address is 3755 Corporate Woods Drive, Vestavia Hills, Alabama 35242. Our direct parent corporation is Taziki’s, Inc., a Delaware corporation (“Parent”), which was incorporated on May 15, 1998 as an Alabama corporation and converted to a Delaware corporation on January 27, 2016. Due to a recent corporate reorganization, Taziki’s, Inc. is now a wholly owned subsidiary of Taziki’s Holding Company, LLC, a Delaware limited liability company (“Holdings”) formed on May 17, 2017. Holdings is owned by all of the former stockholders of the Parent. The principal business address for Parent and Holdings is 3755 Corporate Woods Drive, Vestavia Hills, Alabama 35242. We have no predecessors, although Parent has previously entered into license agreements for six Taziki’s Mediterranean Cafe restaurants.
Investment and Franchisee Fees
The total investment necessary to begin operation of a Taziki’s Mediterranean Cafe franchise ranges from $468,000 to $831,000. This includes $35,000 that must be paid as an initial fee to us for your initial unit and $1,000 for prototype plans. If you enter into an area development agreement with us, the total investment necessary to begin operation of at least three restaurants ranges from $1,395,000 to $2,478,000, including the minimum area development and franchise fees of $95,000 that you pay to us and $1,000 for prototype plans
Royalties and Marketing Fees
Royalties : 4% of Net Cash Sales
Royalties : Up to 1.00% of Net Cash Sales
Royalties : Currently $25 or $50 per month
Earnings Transparency
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 "Standard" Units
Average Revenue Per Unit
Compared vs. Cafes & Coffee Shops Industry$1,230,944 / unit
Franchise Type: Standard
Average Revenue During 2020
Average Gross Profit Per Unit
Compared vs. Cafes & Coffee Shops Industry$382,824 / unit
Franchise Type: Standard
Average Gross Profit During 2020
Employee Contact Database
| # | Name | Position | Phone Number | Email Address |
|---|
Distribution of Taziki's Mediterranean Cafe Franchisees
Taziki's Mediterranean Cafe Franchise System Development in 2020
FAQ
How much investment do I need to start my own Taziki's Mediterranean Cafe business?
Franchisees typically require at least $567,000 to $1,198,000 investment to get their Taziki's Mediterranean Cafe business started
What are the initial franchise fees for Taziki's Mediterranean Cafe?
Franchisees typically need to pay at least $35,000 in fees directly to Taziki's Mediterranean Cafe in order to earn the right to launch their business
How much money can I make with a Taziki's Mediterranean Cafe franchise? What are
the average revenues for a typical Taziki's Mediterranean Cafe business?
We estimate that the average revenue of an individual
Taziki's Mediterranean Cafe unit is approximately
$1,230,944. We based this on Item 19 in franchise disclosure
document
How long do I need to commit to running a Taziki's Mediterranean Cafe unit? What
is my contractual commitment?
Taziki's Mediterranean Cafe franchisees are typically required to sign up to a
10 year contract initially. The renewal length
is 5 years. You can of course exit early but
don’t expect to get any refund!
Accessibility
The Franchisor's investment costs ranges from
$300,000 to $720,500
which is
Much Higher
than the $0 to $0 average in the Cafes & Coffee Shops 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
Franchises in the Same Industry
Popular Franchises
Is this your Franchise?
Update your profile with photos, videos, useful information, and start connecting with prospective franchisees today
CLAIM THIS FRANCHISE