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Below is an in-depth analysis and side-by-side comparison of Mr. Greek Restaurants vs Villa Madina including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $400,000 - $750,000 | $175,000 - $500,000 |
Franchise Fee | $35,000 - $50,000 | $30,000 - $40,000 |
Royalty Fee | 5% | - |
Advertising Fee | 4% | - |
Year Founded | 1988 | 1979 |
Year Franchised | 1993 | 2003 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | |
Financing Options |
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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 |
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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 |
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US Expansion | Yes | Yes |
Canada Expansion | No | - |
International Expansion | Yes | Yes |
Quick, Fresh and Healthy! Villa Madina has been serving solid Mediterranean Cuisine to clients crosswise over Canada since 2002. With 18 areas (and developing!), we highly esteem quick, crisp and legitimate Lebanese cooking. From shish-taouk sandwiches to crisp tabouli servings of mixed greens, we offer a broad choice to the most separating hungers. We additionally have a wide choice of veggie lover dishes and the majority of our items are Halal affirmed.
Villa Madina offers legitimate Mediterranean food crosswise over Canada. We value serving crisp and real Mediterranean food rapidly. The majority of our chicken and meat shawarmas are newly cooked before our clients on a high-review rotisserie, which can be spotted from a remote place! Our succulent chicken and meat can be delighted in one of our well known mouth-watering pita sandwiches or as a full feast with every one of the backups. Our amazing plate of mixed greens show highlights various heavenly and sound Mediterranean style servings of mixed greens, for example, tabouleh, fattoush, and couscous; beyond any reasonable amount to name, however continually something for the most segregating cravings. We additionally have a wide determination of vegan dishes, for example, falafels and vine leaves, and every one of our meats are Halal ensured.