Mr. Greek Restaurants vs La Crepe Nanou Franchise Comparison

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

Start-Up Costs and Fees
 
Mr. Greek Restaurants Franchise
La Crepe Nanou Franchise
Investment $400,000 - $750,000$427,000 - $744,000
Franchise Fee $35,000 - $50,000$40,000
Royalty Fee 5%2%
Advertising Fee 4%3% +Trademark Fee: 1%
Year Founded 19881983
Year Franchised 19932010
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee --


Business Experience Requirements
 
Mr. Greek Restaurants Franchise
La Crepe Nanou Franchise
Experience
  • General business experience
  • Marketing skills
    		• -

    Financing Options
     
    Mr. Greek Restaurants Franchise
    La Crepe Nanou 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
    La Crepe Nanou Franchise
    Training --
    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperativesThe franchise fee includes: * Tuition for Initial Training * Access to our Proprietary systems * Remote Management System Operations: A comprehensive management system for the the operation of your franchise * Remote Operation System- Development: A comprehensive management system of the entire opening process of your franchise * Marketing Systems- A comprehensive marketing system for sales and marketing. * Access and use of our Intellectual property. * Tuition to our annual management conference.
    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
    La Crepe Nanou Franchise
    US Expansion Yes-
    Canada Expansion No-
    International Expansion Yes-

    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 La Crepe Nanou

    La Crepe Nanou has served classic French bistro cuisine since 1983. Our menu features traditional French fare: crepes, cheese fondue, pate, salads, fresh fish, grilled and roasted meats, our signature moules frites, and our delicious dessert crepes. La Crepe Nanou has received numerous accolades. Among these was inclusion in the Top 100 Restaurants in America. The restaurant's friendly and personable service, combined with its quaint, authentic atmosphere, will transport you to the classic Parisian bistro. DECOR The decor at La Crepe Nanou is charming and romantic. Our dining room is designed as a combination of small rooms that each seat between 36 and 48 patrons. Each small room has its own unique look, supplied by different furniture, surface treatments, and artwork. SERVICE Our service is casual and friendly. Most of our patrons are repeat visitors who are treated as if they are family. Though quick, simple, and efficient, our service seeks to exceed the important individual expectations of our patrons. TARGET MARKET Our core target consists of females aged 22-45, while our wide market consists of couples looking for a romantic dinner. We pride ourselves on being the "neighborhood bistro," and warmly welcome our repeat patrons. DESIRABLE LOCATIONS As the neighborhood bistro, we have targeted mixed-use and lifestyle centers. We are also looking for urban locations with an organic neighborhood feel. SIZE A traditional La Crepe Nanou is between 2800 and 3400 square feet and includes an outdoor patio that can seat between 36 and 48 patrons.