Mr. Greek Restaurants vs Snow Fox Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Mr. Greek Restaurants vs Snow Fox including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$400,000 - $750,000 | $20,681 - $328,300 |
Franchise Fee |
$35,000 - $50,000 | $1,000 - $100,000 |
Royalty Fee |
5% | - |
Advertising Fee |
4% | - |
Year Founded |
1988 | 2013 |
Year Franchised |
1993 | 2013 |
Term Of Agreement |
10 years | - |
Term Of Agreement |
10 years | - |
Renewal Fee |
- | - |
Business Experience Requirements |
Experience |
General business experience Marketing skills | - |
Financing Options |
|
In-House/3rd Party | In-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 |
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 |
US Expansion |
Yes | 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 Snow Fox
Snow Fox is a Full Service Fresh Sushi Program Provider in Supermarkets, Wholesale, Retail, and University Settings.
The total investment necessary to begin operation of a new Snow Fox franchise
for an Inline, Endcap, or Island Sushi Bar is $20,681 to $220,980. This
includes $5,706 to $128,180 that must be paid to the franchisor or
affiliate.
If you purchase an existing location for an Inline or Endcap
Sushi Bar, the total investment is $26,143 to $280,300, which includes
$11,518 to $184,300 that must be paid to the franchisor or affiliate.
If
you purchase an existing location for an Island Sushi Bar, the total
investment is $26,043 to $328,300, which includes $11,518 to $240,800
that must be paid to the franchisor or affiliate.
If you are an existing
Snow Fox franchisee and you are granted the right to prepare pre-packaged sushi
products from your existing location to be sold on a self-service
station satellite location, the total investment necessary to begin
operation of a satellite location is $5,068 to $27,600. This includes
$1,218 to $16,300 that must be paid to the franchisor or affiliate.