Mr. Greek Restaurants vs Opa! Souvlaki Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Mr. Greek Restaurants vs Opa! Souvlaki including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Mr. Greek Restaurants Franchise
Opa! Souvlaki Franchise
Investment $400,000 - $750,000$300,000 - $350,000
Franchise Fee $35,000 - $50,000$25,000
Royalty Fee 5%6%
Advertising Fee 4%4%
Year Founded 19881997
Year Franchised 19930
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee --


Business Experience Requirements
 
Mr. Greek Restaurants Franchise
Opa! Souvlaki Franchise
Experience
  • General business experience
  • Marketing skills
    		• -

    Financing Options
     
    Mr. Greek Restaurants Franchise
    Opa! Souvlaki Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/Yes-/-
    Start-up Costs No/Yes-/-
    Equipment No/Yes-/-
    Inventory No/Yes-/-
    Receivables No/No-/-
    Payroll No/No-/-

    Training & Support
     
    Mr. Greek Restaurants Franchise
    Opa! Souvlaki Franchise
    Training --
    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives-
    Marketing Co-op advertising, Ad slicks, National media, Regional advertising-
    Operations Franchisees required to buy multiple units/master licenses; 30% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 15 - 30

    Absentee ownership of franchise is allowed. (70% of current franchisees are owner/operators)

    		-

    Expansion Plans
     
    Mr. Greek Restaurants Franchise
    Opa! Souvlaki Franchise
    US Expansion Yes-
    Canada Expansion NoNo
    International Expansion YesNo

    Company Overviews

    About Mr. Greek Restaurants

    The name MR. GREEK has become synonymous with Greek and Mediterranean cuisine that defines quality, value and service. MR. GREEK Mediterranean Grills are full service casual dining restaurants have patios, take-out and delivery. MR. GREEK serves a delicious blend of grilled seafood, pastas, and Greek specialties such as souvlaki, tzatziki, and saganaki. The franchisor, provides site selection, lease negotiation, construction, training and ongoing support.
    Owner-operators share two common passions. One is for the restaurant and the other is to succeed! A partnership with MR. GREEK is firmly based on the principle of mutual success, and on all parties striving together to achieve that success. MR. GREEK is seeking single or multi-unit franchisee partners in Ontario and Eastern Canada, and multi-unit development partners in territories throughout North America.

    About Opa! Souvlaki

    OPA! Souvlaki is about authentic, satisfying, affordable Greek meals made fast and fresh, with premium ingredients. At OPA!, customers can see their dishes prepared in an open, 'up-front' kitchen and can choose from a range of crisp, fresh toppings to customize their meal. How fresh? OPA! makes its own salad dressings, marinades, and tzatziki sauces and bakes its own signature pita breads. This is exactly the kind of commitment to quality, healthy-eating and friendly service that customers expect and appreciate. And it's why OPA! is so successful. OPA! was founded in 1998 in an effort to satisfy this demand for quality, 'to-go' Greek cuisine. Today OPA! is a leader in the "Fast Casual" food service category, having grown from 3 to 40 locations in just a few years.

    "Top
    #106 in Canada's Top franchises.