Mr. Greek Restaurants vs Santorini Island Grill Franchise Comparison

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

Start-Up Costs and Fees

 
Mr. Greek Restaurants Franchise
Santorini Island Grill Franchise
Investment $335,000 - $665,000 $154,500 - $273,000
Franchise Fee $35,000 - $50,000 $29,500
Royalty Fee 5% 6%
Advertising Fee 4% -
Year Founded 1988 1999
Year Franchised 1993 2006
Term Of Agreement 10 years 10 years
Term Of Agreement 10 years 10 years
Renewal Fee - 25% of then-current fran. fee


Business Experience Requirements

 
Mr. Greek Restaurants Franchise
Santorini Island Grill Franchise
Experience
  • General business experience
  • Marketing skills
  • -

    Financing Options

     
    Mr. Greek Restaurants Franchise
    Santorini Island Grill Franchise
      In-House/3rd Party In-House/3rd Party
    Franchise Fees No/Yes Yes/No
    Start-up Costs No/Yes No/No
    Equipment No/Yes No/Yes
    Inventory No/Yes No/Yes
    Receivables No/No No/No
    Payroll No/No No/No

    Training & Support

     
    Mr. Greek Restaurants Franchise
    Santorini Island Grill Franchise
    Training - * Available at headquarters: 3 weeks

    * At franchisee's location: 3-4 weeks

    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)

    * Number of employees needed to run franchised unit: 6 - 6

    * Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators)


    Expansion Plans

     
    Mr. Greek Restaurants Franchise
    Santorini Island Grill Franchise
    US Expansion Yes Yes
    Canada Expansion No -
    International Expansion Yes Yes

    Start-Up Costs and Fees Mobile

    Investment
    Mr. Greek Restaurants Franchise
    $335,000 - $665,000
    Santorini Island Grill Franchise
    $154,500 - $273,000
    Franchise Fee
    Mr. Greek Restaurants Franchise
    $35,000 - $50,000
    Santorini Island Grill Franchise
    $29,500
    Royalty Fee
    Mr. Greek Restaurants Franchise
    5%
    Santorini Island Grill Franchise
    6%
    Advertising Fee
    Mr. Greek Restaurants Franchise
    4%
    Santorini Island Grill Franchise
    -
    Year Founded
    Mr. Greek Restaurants Franchise
    1988
    Santorini Island Grill Franchise
    1999
    Year Franchised
    Mr. Greek Restaurants Franchise
    1993
    Santorini Island Grill Franchise
    2006
    Term Of Agreement
    Mr. Greek Restaurants Franchise
    10 years
    Santorini Island Grill Franchise
    10 years
    Renewal Fee
    Mr. Greek Restaurants Franchise
    -
    Santorini Island Grill Franchise
    25% of then-current fran. fee


    Business Experience Requirements

    Experience
    Mr. Greek Restaurants Franchise

  • General business experience
  • Marketing skills
  • Santorini Island Grill Franchise
    -

    Financing Options

      In-House/3rd Party
    Franchise Fees
    Mr. Greek Restaurants Franchise
    No/Yes
    Santorini Island Grill Franchise
    Yes/No
    Start-up Costs
    Mr. Greek Restaurants Franchise
    No/Yes
    Santorini Island Grill Franchise
    No/No
    Equipment
    Mr. Greek Restaurants Franchise
    No/Yes
    Santorini Island Grill Franchise
    No/Yes
    Inventory
    Mr. Greek Restaurants Franchise
    No/Yes
    Santorini Island Grill Franchise
    No/Yes
    Receivables
    Mr. Greek Restaurants Franchise
    No/No
    Santorini Island Grill Franchise
    No/No
    Payroll
    Mr. Greek Restaurants Franchise
    No/No
    Santorini Island Grill Franchise
    No/No

    Training & Support

    Training
    Mr. Greek Restaurants Franchise
    -
    Santorini Island Grill Franchise
    * Available at headquarters: 3 weeks

    * At franchisee's location: 3-4 weeks

    Support
    Mr. Greek Restaurants Franchise
    Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
    Santorini Island Grill Franchise
    -
    Marketing
    Mr. Greek Restaurants Franchise
    Co-op advertising, Ad slicks, National media, Regional advertising
    Santorini Island Grill Franchise
    -
    Operations
    Mr. Greek Restaurants Franchise
    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)

    Santorini Island Grill Franchise
    * Number of employees needed to run franchised unit: 6 - 6

    * Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators)


    Expansion Plans

    US Expansion
    Mr. Greek Restaurants Franchise
    Yes
    Santorini Island Grill Franchise
    Yes
    Canada Expansion
    Mr. Greek Restaurants Franchise
    No
    Santorini Island Grill Franchise
    -
    International Expansion
    Mr. Greek Restaurants Franchise
    Yes
    Santorini Island Grill Franchise
    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.

    About Santorini Island Grill

    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.