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Below is an in-depth analysis and side-by-side comparison of Santorini Island Grill vs The Hummus & Pita Co. including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $154,500 - $273,000 | $278,400 - $780,500 |
Franchise Fee | $29,500 | $40,000 |
Royalty Fee | 6% | 6% |
Advertising Fee | - | 1% |
Year Founded | 1999 | 2011 |
Year Franchised | 2006 | 2017 |
Term Of Agreement | 10 years | 10 years |
Term Of Agreement | 10 years | 10 years |
Renewal Fee | 25% of then-current fran. fee | $7500 |
Business Experience Requirements |
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Experience | - | One million liquidity. Must have owned and operated at least one brand for at least 5 years. |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | Yes/No | -/- |
Start-up Costs | No/No | -/- |
Equipment | No/Yes | -/- |
Inventory | No/Yes | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | * Available at headquarters: 3 weeks * At franchisee's location: 3-4 weeks | Training & operation materials and manuals. methods, formats, specifications, standards, systems, procedures, food preparation techniques, sales and marketing techniques, knowledge, and experience used in developing and operating The Hummus & Pita Co. Restaurants. Marketing, promotional and advertising research and programs for The Hummus & Pita Co. Restaurants. Knowledge of specifications for and suppliers of Operating Assets, Proprietary Products, and other products and supplies, including supplier pricing and related terms. We provide MLS system power by Wisetail - The Hummus Hub. |
Support | - | We provide support for public relations, market research, and other advertising, promotion, and marketing activities. Marketing advertising, promotion, and marketing activities Employee training, employee HR |
Marketing | - | Marketing advertising, promotion, and marketing activities |
Operations | * Number of employees needed to run franchised unit: 6 - 6 * Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) | We give turnkey operations if wanted with relationship with all vendors and types. From payroll to inventory, POS to third party delivery, etc. |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | - | Yes |
International Expansion | Yes | - |
Santorini Island Grill is a turnkey restaurant franchise
opportunity complete for franchise owners. Join our company and receive the support
and training necessary to be successful as an owner of this Greek
restaurant.
Participate in our
training program which involves classroom and practical work. After launching you will be covered by our franchising expertise and
years of experience.
As a Santorini Island Grill franchise restaurant owner you will acquire the rights to use our brand name and trademarks, daily operations procedures, construction
and design assistance and policy manuals,
marketing and advertising, employee selection and management aid,
on-going training, employee selection and management aid and much more. Join us today for an exciting career
and bring a tasty concept to your neighborhood.