The franchised business is to operate a fast-casual restaurant specializing in Greek and Mediterranean cuisine under the brand name “The Great Greek Mediterranean Grill®”.
Company Background
The Great Greek Mediterranean Grill is a franchised fast-casual restaurant specializing in Greek and Mediterranean cuisine. Founded in 1995, the company has established itself as an industry leader in terms of quality, variety, food safety, training and customer service. With over 150 restaurants operating across the country under various franchise brands including The Great Greek Mediterranean Grill(R), Pita Pit(R), Fazoli's(R) Italian Kitchen, Five Guys Burgers & Fries(TM) and Shoney's(R), we are committed to bringing people together for good times over great food at a great value.
Franchise Opportunity
The fast-casual restaurant industry is growing rapidly, but it can be difficult to create a menu that stands out from the competition. With so many restaurants competing for customers, it can be hard to make your business stand out. You need a menu that is not only delicious, but also unique. The Great Greek Mediterranean Grill offers a variety of authentic Greek and Mediterranean dishes that are sure to please everyone in your family. From gyros and kebabs to falafel and baklava, we have something for everyone. Plus, our convenient online ordering system makes it easy to get your food delivered right to your door.
Corporate Structure
Great Greek Franchising, LLC is a Florida limited liability company. Their principal business address is 2121 Vista Parkway, West Palm Beach, Florida 33411. They were formed on December 4, 2017. Their owners are UFG Holdings Group, LLC, a Florida limited liability company whose business address is the same as theirs, and Great Greek Partners, LLC, a Nevada limited liability company whose business address is 10655 Park Run Dr., Suite 130, Las Vegas, Nevada 89144.
Royalties and Marketing Fees
Royalties : 6.0% of revenue
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 "Standard" Units
Average Revenue Per Unit
Compared vs. Quick Service Restaurants (QSR) Industry
$835,622 / unit
Franchise Type: Standard
Average Revenue During 2019
$835,622
$433,693 Industry Low
$2,571,423 Industry High
Franchise Types Available
#
Type
Investment
Fees
The Great Greek Mediterranean Grill Franchise System Development in 2021
FAQ
How much investment do I need to start my own The Great Greek Mediterranean Grill business?
Franchisees typically require at least $108,300 to $1,527,300 investment to get their The Great Greek Mediterranean Grill business started
What are the initial franchise fees for The Great Greek Mediterranean Grill?
Franchisees typically need to pay at least $100,000 in fees directly to The Great Greek Mediterranean Grill in order to earn the right to launch their business
How much money can I make with a The Great Greek Mediterranean Grill franchise? What are
the average revenues for a typical The Great Greek Mediterranean Grill business?
We estimate that the average revenue of an individual
The Great Greek Mediterranean Grill unit is approximately
$835,622. We based this on Item 19 in franchise disclosure
document
How long do I need to commit to running a The Great Greek Mediterranean Grill unit? What
is my contractual commitment?
The Great Greek Mediterranean Grill franchisees are typically required to sign up to a
10 year contract initially. The renewal length
is 10 years. You can of course exit early but
don’t expect to get any refund!
Accessibility
3 /10
The Franchisor's investment costs ranges from
$108,300 to $1,527,300
which is
Much Higher
than the $0 to $0 average in the Quick Service Restaurants (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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