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Mediterranean restaurant
The investment required to open a Mr. Greek Restaurants Franchise is between $400,000-$750,000. 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.
Fast Casual Greek Chain Heads To Tennessee
Mr. Greek, the Canadian born, Greek chain, signed a multi-unit franchising agreement this week bringing three restaurants to the Nashville area. The new franchisees, who are also owners of several gas stations in the Tennessee area, expect to open their first by early 2008.
"We are very excited t...
Mr Greek Says Opa To Health
Mr. Greek Restaurants, the largest and fastest-growing Greek franchise in North America, has launched Mr. Greek's Nutritional Guide for consumers.
For this menu analysis, Mr. Greek retained the services of well-known nutritionist Rosie Maclean. Rosie has 35 years of experience in the foodservice...
Mr Greek Launches New Menu
Mr. Greek Restaurants, the largest and fastest-growing Greek franchise in North America, has introduced a brand-new menu. For this menu update, Mr. Greek's creative team was asked to "think outside the box." The result- a menu that is an experience in itself. Reminiscent of a gourmet magazine, the m...
Greek Restaurant Franchise Innovative "menu-log" Concept Hits All Mediterranean Grill Locations
Mr. Greek Restaurants, the largest and fastest-growing Greek franchise in North America, has introduced a brand-new menu. For this menu update, Mr. Greek's creative team was asked to "think outside the box." The result- a menu that is an experience in itself. Reminiscent of a gourmet magazine, the m...
Canadian All Star Chain Moving Into The Us
Move over stereotypical restaurant chains, Mr. Greek is coming through! The Canadian born Greek chain is ramping up its franchise sales and crossing the border. With its eye on a nationwide expansion plan and a virtually untapped Greek market, the concept is prepped and ready to take over the countr...
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:
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.
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
44 Upjohn Rd.
Toronto,
ON
M3B 2W1