Mr. Greek Restaurants Franchise

Mediterranean restaurant


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.

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Please Note: The operators of Mr. Greek Restaurants, may not have verified the accuracy of the Franchise information contained within this website. For accurate up-to-date information, investors are strongly recommended to visit the official Mr. Greek Restaurants website.

How much does it cost to open a Mr. Greek Restaurants Franchise?

The investment required to open a Mr. Greek Restaurants Franchise is between $335,000-$665,000. There is an initial franchise fee of $35,000-$50,000 which grants you the license to run a business under the Mr. Greek Restaurants name.

Individual Unit Costs

  • Initial Investment:
    $335,000-$665,000
  • Initial Franchise Fee:
    $35,000-$50,000
  • Royalty Fee:
    5%
  • Advertising Fee:
    4%
  • Term of Agreement:
    10 years


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Mr. Greek Restaurants News & Press Releases

When did the first Mr. Greek Restaurants open? 1988
When did Mr. Greek Restaurants start Franchising? 1993

Year U.S.A. Canada International Corporate
2005 0 18 0 3
2004 0 16 0 3
2003 0 0 0 0
2002 0 0 0 0
2001 0 0 0 0

United States: Alaska, Alabama, Arkansas, Arizona, California, Colorado, Delaware, Florida, Georgia, Iowa, Idaho, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Missouri, Mississippi, Montana, Nebraska, North Carolina, New Hampshire, New Jersey, New Mexico, Nevada, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West Virginia, Wyoming,

International:

Expense In-House Third Party
Franchise Fee No Yes
Startup Costs No Yes
Equipment No Yes
Inventory No Yes
Accounts Receivable No No
Payroll No No

Third Party Financing Source(s): Growth Capital Solutions

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

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)

Business Experience:

  • General business experience
  • Marketing skills

  • Your income potential as a Mr. Greek Restaurants Franchise entrepreneur depends vastly on many factors. As an entrepreneur, the goals to achieve are related to expanding sales while lowering your operation costs and increasing the quality of your products and or services. Each month your operating costs can include royalty fees, mortgage / rent, supplies for products, staffing, utilities, bookwork, stationary and other items. From one month to the next, you may find your costs fluctuate, but your up-front costs are, for the most part, fixed and they will cover most of the initial setup of equipment, signage and renovations.

    Listing Tags

    greek, toronto, restaurants, restaurant, food cuisine, dining, meals, meal, menu, menus, reservation, reservations, lunch, dinner, establishment
    Mr. Greek Restaurants Franchise Opportunity viewed 14820 times by investors.

    Legal Disclaimer: This information is not a franchise offering for Mr. Greek Restaurants and should not be construed as such. The Franchise Mall makes every effort to maintain accurate franchise data but does not guarantee nor assume liability for incorrect data. We recommend that anyone seriously interested in pursuing a Mr. Greek Restaurants franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.

    Mr. Greek Restaurants

    Mr. Greek Restaurants

    Mr. Greek Restaurants
    44 Upjohn Rd.
    Toronto, ON
    M3B 2W1

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